Sign in

You're signed outSign in or to get full access.

International Money Express (IMXI)

Earnings summaries and quarterly performance for International Money Express.

Recent press releases and 8-K filings for IMXI.

International Money Express Stockholders Approve Merger with Western Union
IMXI
M&A
Proxy Vote Outcomes
  • International Money Express, Inc. (IMXI) stockholders approved the Merger Agreement with The Western Union Company at a virtual special meeting held on December 9, 2025.
  • The Merger Agreement Proposal passed with 21,231,094 votes for, 5,524 votes against, and 24,168 abstentions.
  • As a result of the merger, IMXI will become a wholly owned subsidiary of Western Union.
  • The consummation of the merger is still subject to obtaining regulatory approvals and other customary closing conditions.
7 days ago
Monteverde & Associates PC Investigates International Money Express Merger
IMXI
M&A
Legal Proceedings
Takeover Bid
  • Monteverde & Associates PC is investigating International Money Express, Inc. (NASDAQ:IMXI) concerning its proposed sale to The Western Union Company.
  • Under the terms of the transaction, International Money Express shareholders are expected to receive $16.00 in cash per share.
Oct 29, 2025, 7:41 PM
Intermex Forms Strategic Alliance with Caribe Express for Dominican Republic Remittances
IMXI
New Projects/Investments
  • International Money Express (IMXI) announced a new strategic alliance with Caribe Express, a financial services provider in the Dominican Republic, on October 28, 2025.
  • This partnership aims to strengthen cross-border financial connectivity and provide money transfer solutions between the United States and the Dominican Republic.
  • Intermex will leverage its advanced digital infrastructure, while Caribe Express contributes its market expertise, national brand recognition, and vast payout network.
  • The collaboration is part of Intermex's digital growth strategy and is intended to solidify its leadership in the Dominican Republic remittance corridor.
Oct 28, 2025, 12:00 PM
Intermex and Western Union Announce Expiration of HSR Act Waiting Period
IMXI
M&A
Takeover Bid
  • The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for Western Union's planned acquisition of International Money Express, Inc. (Intermex) expired at 11:59 p.m. Eastern Time on October 6, 2025.
  • This expiration represents an important regulatory approval for the acquisition, which was first announced earlier this year.
  • The acquisition is expected to close in mid-2026, subject to obtaining other regulatory approvals, Intermex's stockholder approval, and the satisfaction or waiver of certain other customary closing conditions.
Oct 7, 2025, 8:36 PM
Intermex and Zeepay Announce Strategic Partnership
IMXI
New Projects/Investments
  • International Money Express, Inc. (Intermex) has announced a new strategic partnership with Zeepay, a fintech company focused on Africa, to expand money transfer services to African communities abroad.
  • The collaboration will leverage Intermex's Wire-as-a-Service platform and Zeepay's regional network to enable money transfers and related services across Africa, initially targeting Africans living in the United States.
  • This partnership also includes expansion into Zeepay’s dedicated retail stores in the U.S. and digital channels serving Africans in Europe.
  • Zeepay will lead Intermex's Africa business as part of the sponsorship arrangement, which is a step in Intermex's global diversification strategy.
Aug 26, 2025, 12:00 PM
Intermex Launches Redesigned Remittance-as-a-Service Platform
IMXI
Product Launch
New Projects/Investments
  • International Money Express, Inc. (Intermex) announced the launch of its fully redesigned Remittance-as-a-Service (RaaS) platform on July 08, 2025.
  • The upgraded RaaS platform allows businesses to embed fast, secure cross-border money transfers into their own customer experiences, providing a turnkey solution that helps overcome hurdles like technology development, licensing, and regulatory compliance.
  • This service offers access to one of the largest payout networks in Latin America, supporting cash pickups, home deliveries, and direct bank deposits, and is available for eligible markets including Mexico, Guatemala, Honduras, the Dominican Republic, El Salvador, and select countries in Southeast Asia, the European Union, and Africa.
  • The platform provides a customizable system for branded customer experiences across WhatsApp, mobile apps, and the web, supported by appropriate licensing, know your customer (KYC), and anti-money laundering (AML) compliance measures.
Jul 8, 2025, 1:19 PM
Q1 2025 Financial Results: International Money Express & Intermex
IMXI
Earnings
Revenue Acceleration/Inflection
Guidance Update
Share Buyback
  • Q1 2025 Performance: Revenue of $144.3M, net income of $7.8M (YoY declines of -4.1% and -35.5% respectively) and diluted EPS of $0.25 .
  • Operational Metrics: Total principal sent of $5.6B (+3.7% YoY) and digital transactions up +68.5% YoY, despite a 5.2% YoY decrease in money transfer transactions .
  • Adjusted Earnings: Adjusted EBITDA of $21.6M and Adjusted Net Income at $10.9M; with Adjusted EBITDA down 15.0% YoY due to operating adjustments including share-based compensation and restructuring costs .
  • Share Buyback: Repurchased 367,873 shares for $5.0M amid market uncertainties .
  • Full-Year Guidance: Revenue projected between $634.9M and $654.2M with diluted EPS expected between $1.53 and $1.65 .
May 7, 2025, 1:00 PM
International Money Express, Inc. Executes Share Repurchase Agreement
IMXI
Share Buyback
  • International Money Express, Inc. entered into a share repurchase agreement with Latin-American Investment Holdings, Inc. to purchase 100,000 shares of its common stock at $13.30 per share, totaling approximately $1.3 million.
  • The transaction received approval from the independent Audit Committee and will be funded using the Company's cash on hand.
Mar 14, 2025, 12:00 AM
IMXI Outlines Digital Transformation and Growth Strategy
IMXI
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
  • International Money Express (IMXI) has demonstrated significant market share growth in Latin America, expanding from 5% to 20% across major countries, including 20% in Mexico and 29% in Guatemala, driven by its value-added retail model.
  • The company is undergoing a digital transformation, projecting digital revenue to grow from 3% of the consolidated global business in 2024 to 16% by 2027 and 25% by 2029, supported by a 67% year-over-year growth rate in its digital business.
  • IMXI plans to expand its financial services offerings to include debit cards/bank accounts, micro loans, and payroll, leveraging its existing customer base and extensive agent network to maximize profitability.
  • For 2027, the company targets over $800 million in revenue and expects to generate more than $250 million in free cash from 2025 to 2027, with a nominal $40 million share buyback planned for the current year.
Feb 26, 2025, 6:00 PM

Quarterly earnings call transcripts for International Money Express.