Company I-Remit, Inc.

Equities

I

PHY4178T1070

Business Support Services

End-of-day quote Philippines S.E. 03:30:00 14/05/2024 am IST 5-day change 1st Jan Change
0.41 PHP +32.26% Intraday chart for I-Remit, Inc. +32.26% -15.46%

Business Summary

I-Remit, Inc. is a Philippines-based company engaged in the business of servicing the remittance needs of overseas Filipino workers (OFWs) and other migrant workers. The Company's segments include Philippines, Asia Pacific, Europe and North America. The Company and its subsidiaries are primarily engaged in the business of fund transfer and remittance services of any form or kind of currencies or monies, either by electronic, telegraphic, wire or any other mode of transfer and undertakes the delivery of such funds or monies, both in the domestic and international market, by providing either courier or freight forwarding services, and conducts foreign exchange transactions. The Company’s products and services include Bank-to-Bank, Notify-to-Pay, I-Remit Visa Card, Door-to-Door, Auxiliary Services and iRemit online platform (iRemitX). The Company operates its own offices in eight countries and is in partnership with over 100 financial institutions in 30 countries across the world.

Number of employees: 255

Sales per Business

PHP in Million2022Weight2023Weight Delta
Service
86.7 %
478 95.8 % 105 86.7 % -78.01%
Commission
13.1 %
21 4.1 % 16 13.1 % -22.86%
Others
0.1 %
0 0.1 % 0 0.1 % -55.64%

Sales per region

PHP in Million2022Weight2023Weight Delta
Philippines
40.2 %
257 51.5 % 49 40.2 % -81.06%
Asia Pacific
26.9 %
87 17.4 % 33 26.9 % -62.52%
North America
19.8 %
101 20.3 % 24 19.8 % -76.29%
Europe
13.3 %
54 10.8 % 16 13.3 % -70.07%
Adjustment and Elimination
-0.1 %
0 0.0 % 0 -0.1 % -310.00%

Managers

Managers TitleAgeSince
Chief Executive Officer 72 01/01/01
Director of Finance/CFO 45 01/05/01
Chief Tech/Sci/R&D Officer 59 06/21/06
Chief Operating Officer - -
Director/Board Member 63 04/02/04
Director/Board Member 70 16/02/16
Investor Relations Contact - 01/22/01
Corporate Officer/Principal 44 01/18/01
Corporate Officer/Principal 37 -
Comptroller/Controller/Auditor - 01/18/01

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 72 01/01/01
Director/Board Member 74 02/21/02
Director/Board Member 70 16/02/16
Director/Board Member 70 16/02/16
Director/Board Member 74 16/02/16
Director/Board Member 63 04/02/04
Director/Board Member 58 31/20/31
Director/Board Member 74 02/21/02
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 617,725,800 222,566,762 ( 36.03 %) 6,086,678 ( 0.9853 %) 36.03 %

Company contact information

I-Remit, Inc.

Discovery Centre 25 ADB Avenue

1605, Pasig

+63 2 706 9999

http://www.iremitx.com
address I-Remit, Inc.(I)
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