Remitly Global Inc (RELY)
14.33
-0.35
(-2.38%)
USD |
NASDAQ |
May 10, 16:00
14.30
-0.04
(-0.24%)
After-Hours: 20:00
Remitly Global Profit Margin (Quarterly): -7.83% for March 31, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | -7.83% |
| December 31, 2023 | -13.23% |
| September 30, 2023 | -14.76% |
| June 30, 2023 | -8.05% |
| March 31, 2023 | -13.89% |
| December 31, 2022 | -10.15% |
| September 30, 2022 | -19.54% |
| June 30, 2022 | -24.32% |
| Date | Value |
|---|---|
| March 31, 2022 | -17.14% |
| December 31, 2021 | -12.26% |
| September 30, 2021 | -10.69% |
| June 30, 2021 | -1.30% |
| March 31, 2021 | -8.53% |
| December 31, 2020 | -11.25% |
| September 30, 2020 | -3.38% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
-24.32%
Minimum
Jun 2022
-1.30%
Maximum
Jun 2021
-11.76%
Average
-11.25%
Median
Dec 2020
Profit Margin (Quarterly) Benchmarks
| Progress Software Corp | 12.26% |
| Cantaloupe Inc | 4.78% |
| Paycor HCM Inc | 3.31% |
| Aurora Innovation Inc | -- |
| AtlasClear Holdings Inc | -- |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | -21.14% |
| Return on Assets | -12.43% |
| Return on Invested Capital | -18.80% |
| Gross Profit Margin (Quarterly) | 59.13% |
| Operating Margin (Quarterly) | -7.41% |
| Return on Net Operating Assets | -18.36% |