Core Viewpoint - Remitly Global is positioned as a potential high-growth stock, with the potential to become a "10-bagger" due to its small-cap status and market share growth opportunities [1]. Group 1: Company Overview - Remitly Global operates as a modern remittance service with a user-friendly mobile application and competitive low transfer fees [3]. - The company currently holds a global market share of less than 10%, indicating significant room for revenue growth as it continues to capture market share from competitors [3]. Group 2: Financial Performance - Remitly's revenue grew by 25% year-over-year in the last quarter, showcasing its strong growth trajectory [3]. - The company has a market capitalization of approximately $2.8 billion, with trailing revenue exceeding $1.5 billion, indicating it is undervalued relative to its revenue [5]. - Despite being down 73% from its all-time highs, Remitly's business model exhibits strong unit economics, suggesting potential for future profitability once growth spending stabilizes [6]. Group 3: Market Position - The company is recognized for steadily gaining market share from legacy competitors, aligning with investment strategies that favor market-share gainers [2]. - Remitly's gross margin stands at 57.91%, reflecting its operational efficiency [2].