Seattle-based financial services company Remitlyissued its first earnings reportsince its initial public offering, reporting revenue of $121.2 million for the quarter ended Sept. 30, up 69%.
汇报offers a mobile platform for sending money internationally, used heavily by immigrants and their families. The company said the total volume of money sent through its system increased 61% to $5.2 billion in the quarter. Active customers rose 51% to 2.6 million.
汇报’s net loss widened to $13 million for the quarter, from a $2.4 million loss a year ago. The company attributed the increased loss primarily to its non-cash donation of $6.9 million in stock as part of其承诺1％的承诺。
Looking ahead, for the fiscal year ending in December, the company said it expects total annual revenue in the range of $445 million to $450 million. That would exceed the average of $428 million predicted by analysts prior to the new guidance.
剩余的股票上涨超过4％的交易，达到38美元/份额。汇报went public in September，估值其股票价格为43美元/ IPO。在收入报告之前，交易高达48.45美元/分享，股票于周三交易结束时达到36.50美元/份额。
汇报generates revenue from transaction fees and foreign exchange spreads, or the difference between an exchange rate offered to customers and the exchange rate on the company’s currency purchases.