FY ended Dec 31, 2024 · figures in PHILIPPINE PESO except per-share rows
| Item | Current | Previous |
|---|---|---|
| Current assets | 2,703,193,094 | 3,101,650,369 |
| Total assets | 3,238,839,532 | 3,626,220,107 |
| Current liabilities | 3,022,220,599 | 3,087,562,540 |
| Total liabilities | 3,095,058,744 | 3,181,355,234 |
| Retained earnings/(deficit) | -1,050,495,543 | -687,257,201 |
| Stockholders' equity | 143,780,788 | 444,864,873 |
| Stockholders' equity (parent) | 143,780,788 | 444,864,873 |
| Book value per share | ₱0.24 | ₱0.73 |
| Item | Current | Previous |
|---|---|---|
| Gross revenue | 33,664,890(-74.0%) | 129,669,206 |
| Gross expense | 486,872,151 | 574,875,682 |
| Income/(loss) before tax | -453,207,261 | -445,206,476 |
| Net income/(loss) after tax | -363,238,342 | -370,690,795 |
| Net income/(loss), parent | -363,238,342 | -370,690,795 |
| EPS (basic) | ₱-0.59 | ₱-0.61 |
| EPS (diluted) | ₱0.00 | ₱0.00 |
I-Remit, Inc. (I) is engaged in the business of servicing the fund transfer and remittance needs of Overseas Filipino Workers and other migrant workers. I was incorporated on March 5, 2001 and started commercial operations on November 11, 2001.
The Company is a duly registered remittance and transfer company with the Bangko Sentral ng Pilipinas (BSP) as well as an Anti-Money Laundering Act-compliant in all of the countries it has operations in. In 2019, the BSP approved I's request to operate as an electronic money issuer.
I and its subsidiaries are primarily engaged in the business of fund transfer and remittance services, from abroad into the Philippines; undertaking the delivery of such funds or monies, both in the domestic and international market, by providing courier or freight forwarding services; and conducting foreign exchange transactions as may be allowed by law and other allied activities, including financial derivatives activities such as foreign currency swaps, forwards, options or other similar instruments.
The Company's wholly-owned subsidiaries include International Remittance (Canada) Ltd.; I-Remit Australia Pty. Ltd.; IREMIT Remittance Consulting GmbH; IRemit Global Remittance Limited; I-Remit New Zealand Limited; I-Remittance Singapore Pte. Ltd.; K.K. I-Remit Japan; and IRemit Consulting Società Per Azioni.
As of December 31, 2023, I-Remit operates in 30 countries and territories worldwide through a combined network of branches and tie-ups.
Average % return by calendar month, up to 4 yearsof history. Only a few years back each month, so this is descriptive color, not a predictable “month effect.”
I-Remit, Inc. trades on the Philippine Stock Exchange under the ticker symbol I.
I is listed in the Financials sector of the Philippine Stock Exchange, where it ranks #31 of 31 by market capitalization. Across the whole exchange it is #279 of 282, at ₱121.7M.
PSEye has no cash dividend on record for I in roughly the last two years. That is a statement about the corporate actions published on PSE Edge over that window, not a guarantee the company has never paid or will not pay one.
In its latest annual filing (fiscal year ended Dec 31, 2024), I's revenue fell 74.0% versus the prior fiscal year. That's one year-over-year comparison, not a multi-year trend, so check the Balance sheet & income statement panel above for the full figures before drawing a conclusion.
PSEye doesn't rate stocks as good or bad buys. What this page can tell you is factual: where I ranks by market cap (#279 of 282 on the exchange), its price history, valuation ratios, dividend record and recent company disclosures, all shown above. Whether that adds up to a good stock depends on your own criteria, and is worth researching beyond any single page, including this one.
PSEye is a data tracker, not a financial advisor, so it can't tell you whether to invest in I or any other stock. The price, valuation, dividend and disclosure data on this page is meant to help you do your own research. Consider your own goals, risk tolerance and time horizon, and consult a licensed financial advisor before making an investment decision. If you're weighing a fixed, regular investment instead of a single lump sum, PSEye's DCA calculator shows how that strategy would have performed historically.
To buy I shares, open an account with a PSE-accredited stockbroker (most Philippine banks and several standalone brokers offer online trading accounts), fund it, and place a buy order using the ticker symbol I. A completed trade typically settles two trading days later (T+2). PSEye doesn't process trades or recommend a specific broker.
Delayed/EOD data, not real-time. Figures are statistics on past closing prices, not a forecast.