International Money Express Inc.

International Money Express, Inc. engages in the provision of money transmittal services. It offers online money transfer, in person wire transfer, check processing, prepaid debit card, bill payment, and telewire services. The company was founded in 1994 and is headquartered in Miami, FL.

Earnings data Q4 2020

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Intermex excels in Q4, eyes growth through digital innovation

International Money Express, Inc. (IMXI) reported robust financial performance in Q4 2022 and outlined a positive outlook for 2023. The company's strategic focus on growth, profitability optimization, and technological enhancements positions it well for future expansion and market leadership.

IMXI posts robust Q1 earnings, eyes European expansion for growth

International Money Express Inc. (IMXI) delivered strong Q1 results with notable revenue and EBITDA growth, driven by strategic acquisitions and customer-focused initiatives. While facing challenges in cost management and seasonal fluctuations, IMXI is well-positioned to capitalize on opportunities in European markets through strategic expansion and operational efficiency.

International Money Express Inc. reports solid Q2 performance amidst market challenges

IMXI delivered strong financial performance with revenue growth and improved profitability, despite market challenges.
Strategic acquisitions and expansion plans position IMXI for market share gains and revenue diversification.
While facing pricing challenges and market uncertainties, IMXI remains resilient and focused on growth opportunities.

International Money Express Inc. (IMXI) reports strong Q3 performance and outlines growth strategies for future success

IMXI's Q3 performance reflects solid revenue growth, customer acquisition, and strategic initiatives. While facing challenges in managing capital spend, the company is well-positioned to leverage growth opportunities in retail, digital services, and European markets.

International Money Express Inc. (IMXI) reports robust Q4 performance and eyes European expansion

IMXI's Q4 2023 performance reflects strong financial growth, driven by revenue increase, digital transaction surge, and strategic acquisitions.
The company's strengths lie in its unique retail network, expanding digital product margins, and commitment to shareholder value through stock buyback programs.
Challenges include managing lower gross margins, sustaining digital transaction profitability, and balancing growth in new and existing markets.
Opportunities in the iTransfer business, European expansion, and digital transactions present avenues for future growth and market penetration.

International Money Express Inc. reports record-breaking Q1 performance

IMXI's Q1 2024 earnings call showcased significant strategic breakthroughs, operational advancements, and positive early trends in April. The company's focus on driving growth through operational efficiency, digital solutions, and market expansion positions it well for future success.

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BWMN, CBRL and IMXI have been added to the Zacks Rank #5 (Strong Sell) List on October 5, 2023.

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International Money Express (Intermex) offers an undervalued investment opportunity in the remittance industry, with a target share price of $24.96. Intermex distinguishes itself from competitors by focusing on strategic alliances, optimizing its agent network, and delivering exemplary customer service. The Latin American remittance industry is significant and has the potential for steady growth, driven by immigration patterns and technological advancements.

Redefining Remittance: The Untold Investment Story Of International Money Express

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Investors traded out of the niche finance stock following its latest earnings release. Intermex, as it's commonly known, missed on both the top and bottom lines.

Why International Money Express Stock Wasn't in the Money Today

International Money Express, Inc. (NASDAQ:IMXI ) Q2 2023 Earnings Conference Call August 2, 2023 9:00 AM ET Company Participants Mike Gallentine - Vice President-Investor Relations Bob Lisy - Chairman, Chief Executive Officer & President Andras Bende - Chief Financial Officer Conference Call Participants Mike Grondahl - Northland Securities Mayank Tandon - Needham David Scharf - JMP Chris Zhang - Credit Suisse Operator Good day, and welcome to International Money Express Inc. Second Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode.

International Money Express, Inc. (IMXI) Q2 2023 Earnings Call Transcript

While the top- and bottom-line numbers for International Money Express (IMXI) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About International Money Express (IMXI) Q2 Earnings

International Money Express (IMXI) came out with quarterly earnings of $0.50 per share, missing the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.47 per share a year ago.

International Money Express (IMXI) Misses Q2 Earnings and Revenue Estimates

MIAMI, Aug. 02, 2023 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI) (“Intermex” or the “Company”), one of the nation's leading omnichannel money transfer services, today reported continued solid growth during the second quarter of 2023. Financial performance highlights for the second quarter of 2023 compared with the same period last year are: Revenues of $169.2 million, up 23.5%.

Intermex Reports Second-Quarter Results

MIAMI, July 24, 2023 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI), (“Intermex” or the “Company”) a leading money remittance services company, today announced the Company will present at the KeyBanc Capital Markets Technology Leadership Forum on Tuesday, August 8, 2023. The presentation will begin at 3:30 p.m. ET and will include comments from Andras Bende, chief financial officer.

Intermex to Present at the KeyBanc Capital Markets Technology Leadership Forum

MIAMI, July 11, 2023 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI) (the “Company” or “Intermex”), will release its Second Quarter 2023 earnings before the start of trading on Wednesday, August 2, 2023. Management will host a conference call on August 2, 2023, at 9:00 am ET to discuss the Company's financial and operating results. The conference call can be accessed as follows:

International Money Express to Release Second Quarter 2023 Earnings

MIAMI, June 05, 2023 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI), (“Intermex” or the “Company”) a leading money remittance services company, today announced the Company will present at the virtual Oppenheimer 23rd Annual Consumer Growth & E-Commerce Conference on Tuesday, June 13, 2023. The presentation will begin at 3:45 p.m. ET and will include comments from Andras Bende, chief financial officer.

Intermex to Present at the Oppenheimer 23rd Annual Consumer Growth & E-Commerce Conference

International Money Express, Inc. (NASDAQ:IMXI ) Q1 2023 Results Conference Call May 4, 2023 9:00 AM ET Company Participants Mike Gallentine - VP of Investor Relations Bob Lisy - Chairman, Chief Executive Officer and President Andras Bende - Chief Financial Officer Conference Call Participants Mayank Tandon - Needham and Company David Scharf - JMP Securities Mike Grondahl - Northland Securities Chris Zhang - Credit Suisse Alex Markgraff - KeyBanc Capital Markets Operator Good morning, and welcome to International Money Express Incorporated First Quarter 2023 Earnings Conference Call. During the presentation all participants will be in listen-only mode.

International Money Express, Inc. (IMXI) Q1 2023 Earnings Call Transcript

International Money Express (IMXI) came out with quarterly earnings of $0.38 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.34 per share a year ago.

International Money Express (IMXI) Misses Q1 Earnings Estimates

Company delivering sustained track record of superior operating performance Company to Host Conference Call Today at 9 a.m. ET MIAMI, May 04, 2023 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI) (“Intermex” or the “Company”), one of the nation's leading omnichannel money transfer services to Latin America, today reported strong growth during the first quarter of 2023.

Intermex Reports First-Quarter Growth

Here is how International Money Express (IMXI) and Palantir Technologies Inc. (PLTR) have performed compared to their sector so far this year.

Is International Money Express (IMXI) Outperforming Other Business Services Stocks This Year?

MIAMI, April 27, 2023 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI), (“Intermex” or the “Company”) a leading money remittance services company, today announced the Company will present at the 18th Annual Needham Technology & Media Conference in New York City on Wednesday, May 17, 2023. The presentation will begin at 1:30 p.m. ET and will include comments from Andras Bende, chief financial officer.

Intermex to Present at the Needham Conference

MIAMI, April 19, 2023 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI), ("Intermex" or the "Company"), a leading money remittance services company, today announced the Company has amended its revolving credit facility under its syndicated credit agreement with KeyBank National Association as administrative agent to increase the maximum borrowing amount to $220 million, up from $150 million.

International Money Express Increases Revolving Credit Facility to $220 Million

MIAMI, April 18, 2023 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI) (the “Company” or “Intermex”), will release its First Quarter 2023 earnings before the start of trading on Thursday, May 4, 2023. Management will host a conference call on May 4, 2023, at 9:00 am ET to discuss the Company's financial and operating results. The conference call can be accessed as follows:

International Money Express to Release First Quarter 2023 Earnings

International Money Express (IMXI) could produce exceptional returns because of its solid growth attributes.

Here is Why Growth Investors Should Buy International Money Express (IMXI) Now

Intermex enters the European remittance market Intermex enters the European remittance market

Intermex Completes La Nacional Acquisition of Non-U.S. Based Assets – LAN Holdings, Corp.

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Looking for a Growth Stock? 3 Reasons Why International Money Express (IMXI) is a Solid Choice

International Money Express, Inc. (NASDAQ:IMXI ) Q4 2022 Earnings Conference Call March 8, 2023 9:00 AM ET Company Participants Mike Gallentine – Vice President-Investor Relations Bob Lisy – Chairman, Chief Executive Officer and President Andras Bende – Chief Financial Officer Chris Hunt – Acting Chief Operating Officer Randy Nilsen – Chief Revenue Officer Conference Call Participants Mike Grondahl – Northland Securities David Scharf – JMP Alex Markgraff – KeyBanc Capital Markets Chris Young – Credit Suisse Operator Good morning, and welcome to the International Money Express, Inc. Fourth Quarter and Full Year 2022 Earnings Conference Call. All participants will be in a listen-only mode.

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