Remitly Global, Inc. Annual Amortization of Intangible Assets in USD from 2021 to 2024

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Remitly Global, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2021 to 2024.
  • Remitly Global, Inc. Amortization of Intangible Assets for the quarter ending December 31, 2024 was $2.1M, a 61.5% increase year-over-year.
  • Remitly Global, Inc. Amortization of Intangible Assets for the twelve months ending December 31, 2024 was $6.2M, a 26.5% increase year-over-year.
  • Remitly Global, Inc. annual Amortization of Intangible Assets for 2024 was $6.2M, a 26.5% increase from 2023.
  • Remitly Global, Inc. annual Amortization of Intangible Assets for 2023 was $4.9M.
  • Remitly Global, Inc. annual Amortization of Intangible Assets for 2022 was $0.000.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $6.2M +$1.3M +26.5% Jan 1, 2024 Dec 31, 2024 10-K 2025-02-19
2023 $4.9M +$4.9M Jan 1, 2023 Dec 31, 2023 10-K 2025-02-19
2022 $0 $0 Jan 1, 2022 Dec 31, 2022 10-K 2025-02-19
2021 $0 Jan 1, 2021 Dec 31, 2021 10-K 2024-02-23
* An asterisk sign (*) next to the value indicates that the value is likely invalid.