IMXI Research | Milton Maxwell

IMXI

International Money Express, Inc.

15.38

+0.03+0.2%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

457.07M

P/E (TTM)

12.02

Basic EPS (TTM)

1.28

Dividend Yield

Recent Filings

10-K

FY2025 results

3/6/26Mar 6, 2026

Intermex's FY2025 revenues fell 7.7% y/y to $607.8M amid remittance market contraction, especially Mexico, with principal sent down 2.2% to $23.8B and transactions off 8.5% to 53.9M—yet higher average ticket sizes buoyed foreign exchange gains at $87.2M. Q4 momentum faltered as annual wire fees dropped 9.5% y/y to $502.2M, squeezed by lower volumes despite digital and European offsets; operating income halved to $55.7M on marketing hikes and transaction costs tied to the pending Western Union merger. Debt stood at $194.8M (2.78% effective rate) with $330M revolver room. No 2026 guidance disclosed. Merger pendency risks customer and agent uncertainty.

8-K

Stockholders approve Western Union merger

12/9/25Dec 9, 2025

International Money Express stockholders overwhelmingly approved the Merger Agreement with Western Union on December 9, 2025, with 21.2 million votes for versus just 5,500 against, representing 71.54% turnout. The deal, announced August 10, clears a key hurdle. Closing awaits regulatory approvals. Risks loom if integration falters.

10-Q

Q3 FY2025 results

11/10/25Nov 10, 2025

International Money Express posted Q3 revenues of $154.9M, down 9.9% y/y (derived) from $171.9M amid softer remittance volumes—13.7M transactions, off 10.0% y/y—yet held operating income at $10.5M versus $27.8M prior year, squeezed by $5.4M transaction costs tied to its pending Western Union merger (signed Aug 10, 2025; HSR cleared Oct 6). Diluted EPS fell to $0.17 from $0.53, aligning with 29.8M shares; YTD net income $23.7M trails $43.4M. Cash swelled to $151.6M with $52.5M operating cash flow (FCF not disclosed in the 10-Q), $158M revolver debt (Aug 2029 maturity). Solid liquidity endures. Merger distractions loom.

8-K

HSR waiting period expires

10/7/25Oct 7, 2025

International Money Express cleared a key HSR Act waiting period on October 6, 2025, advancing its merger with Western Union, first announced August 10. The deal eyes mid-2026 close, pending stockholder approval and other regulations. HSR box checked. Remaining hurdles include votes and approvals.

8-K

Western Union buys Intermex $16/share

8/11/25Aug 11, 2025

Western Union announced its proposed all-cash acquisition of International Money Express for $16 per share on August 11, 2025, targeting mid-2026 close pending approvals. The deal boosts U.S.-LACA scale, combining 50K send locations and ~$70B principal, with $30M annual cost synergies in 24 months. Immediately EPS-accretive by $0.10 first year. Regulatory hurdles loom large.

About

International Money Express, Inc., together with its subsidiaries, operates as an omnichannel money remittance services company in the United States, Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia. The company offers remittance services, which include a suite of ancillary financial processing solutions and payment services; and online payment options, pre-paid debit cards, and direct deposit payroll cards. It provides services through sending and paying agents and company-operated stores, as well as through online and internet-enabled mobile devices. International Money Express, Inc. was founded in 1994 and is headquartered in Miami, Florida.

CEO

Mr. Robert Lisy

IPO

3/27/2017

Website

https://www.intermexonline.com

Employees

1,101

Sector

Technology

Industry

Software - Infrastructure