Benzinga·2026-02-19 05:44Core Insights - Remitly Global Inc. reported a significant increase in both quarterly and annual financial results, leading to a 20.87% surge in after-hours trading to $16.45 [1] Group 1: Q4 2025 Performance - Fourth-quarter revenue rose 26% year over year to $442.2 million, with adjusted EBITDA increasing 98% to $88.6 million [2] - The company achieved a net income of $41.2 million, reversing a net loss of $5.7 million from the previous year [2] - Active customers increased by 19% to 9.3 million, and send volume jumped 35% to $20.8 billion [2] Group 2: Full-Year 2025 Results - For the full year 2025, revenue rose 29% to $1.6 billion, and adjusted EBITDA nearly doubled, increasing 93% to $272.2 million [3] - Net income was reported at $67.9 million, compared to a net loss of $37 million in 2024 [3] - Send volume rose 37% to $74.9 billion, with operating cash flow reaching $325.1 million and free cash flow of $283.3 million [3] Group 3: Fiscal Year 2026 Guidance - For fiscal year 2026, Remitly Global guided total revenue of $1.94 billion to $1.96 billion, representing a year-over-year increase of 19% to 20% [4] - The company expects adjusted EBITDA to be in the range of $340 million to $360 million [4] Group 4: Leadership Transition - Co-founder Matt Oppenheimer will transition the CEO role to Sebastian Gunningham, effective Thursday [5] - Gunningham previously served as a senior vice president at Amazon and as chairman of Santander Consumer Finance [5] Group 5: Trading Metrics - Remitly Global has a market capitalization of $2.85 billion, with shares trading between $12.08 and $27.27 over the past 52 weeks [6] - The stock has dropped 47.47% over the past 12 months, indicating significant challenges in its long-term trend [6] - The stock closed at $13.61, up 4.05%, but has a negative price trend across all time frames [7]