Remitly — Aug 6, 2025 release

• Net income was $6.5 million, compared to a net loss of $12.1 million. • Adjusted EBITDA was $64.0 million, compared to $26.2 million, up 144%. 2025 Financial Outlook For fiscal year 2025, Remitly currently expects: • Total revenue in the range of $1.61 billion to $1.62 billion, representing a growth rate of 27% to 28% year over year. This outlook reflects an increase from our prior revenue outlook in the range of $1.574 billion to $1.587 billion. • GAAP net income to be positive for 2025 and for Adjusted EBITDA to be in the range of $225 million to $230 million. This outlook reflects an increase from our prior Adjusted EBITDA outlook in the range of $195 million to $210 million. For the third quarter of 2025, Remitly currently expects: • Total revenue in the range of $411 million to $413 million, representing a growth rate of 22% to 23% year over year. • A modest GAAP net income for the third quarter of 2025 and for Adjusted EBITDA to be in the range of $53 million to $55 million. Share Repurchase Program Remitly announced today that its Board of Directors has approved a share repurchase program, pursuant to which Remitly may repurchase up to an aggregate of $200 million of its outstanding common stock. Remitly intends to opportunistically repurchase shares based on market conditions, providing a way to return capital to stockholders and offset a portion of dilution associated with our employee equity compensation, consistent with our disciplined capita