International Money Express, Inc., through its subsidiary, operates as a money remittance services company in the United States, Latin America, Mexico, Africa, Central and South America, and the Caribbean. 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. The company was formerly known as FinTech Acquisition Corp. II. International Money Express, Inc. is headquartered in Miami, Florida.
IPO Year: 2017
Exchange: NASDAQ
Website: intermexonline.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/4/2024 | $30.00 → $28.00 | Buy | Monness Crespi & Hardt |
| 10/1/2024 | Perform | Oppenheimer | |
| 8/8/2024 | Buy → Neutral | BTIG Research | |
| 6/3/2024 | $25.00 | Buy | BTIG Research |
| 12/5/2023 | $30.00 | Outperform | BMO Capital Markets |
| 10/20/2023 | $18.00 | Neutral | UBS |
| 8/3/2023 | Mkt Outperform → Mkt Perform | JMP Securities | |
| 4/26/2023 | $35.00 | Buy | Needham |
| 3/8/2022 | $20.00 → $24.00 | Market Outperform | JMP Securities |
| 3/8/2022 | $19.00 → $20.50 | Neutral | Credit Suisse |
MIAMI, Nov. 19, 2024 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ:IMXI) ("Intermex" or the "Company"), a leading, omnichannel money remittance services company, will host an Investor Day at the Westin New York at Times Square in New York City on the afternoon of Wednesday, February 26, 2025. Management will provide an update on the strategic direction of the Company, with insights into specific business areas and opportunities. Additional details will be provided upon registration. The in-person meeting will be open to institutional investors and research analysts. A livestream of the event and supporting materials will be made available for online participants. To regist
Company to Host Conference Call Today at 9 a.m. ET MIAMI, Nov. 08, 2024 (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 and the Caribbean, today reported strong operating results for the third quarter of 2024. Financial performance highlights for the third quarter of 2024 compared with the same period last year are: Revenues of $171.9 million, a decrease of 0.3%.Net income of $17.3 million, an increase of 16.9%.Diluted EPS of $0.53 per share, an increase of 29.3%.Adjusted Diluted EPS of $0.61 per share, an inc
MIAMI, Oct. 14, 2024 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ:IMXI), also known as Intermex, will release its Third Quarter 2024 earnings before the start of trading on Friday, November 8, 2024. The Intermex management team will be hosting a conference call on the same day at 9:00 am ET. Interested parties are invited to join the conference and gain firsthand knowledge about Intermex's financial performance and operational achievements through the following channels: A live broadcast of the conference call may be accessed via the Investor Relations section of Intermex's website at https://investors.intermexonline.com/.To participate in the live conference cal
Believes International Money Express is Materially Undervalued with Significant Growth Opportunities Recommends the Board Immediately Announce Strategic Alternatives to Maximize Shareholder Value Breach Inlet Capital, LP, an investment firm focused on underfollowed and misunderstood small cap equities, delivered a letter to the Board of Directors of International Money Express (NASDAQ:IMXI) today. In its letter, Breach Inlet Capital outlines the reasons that the company is undervalued and should pursue a sale to maximize shareholder value. The full text of the letter follows: September 4, 2024 Members of the Board of Directors International Money Express, Inc. 9100 South Dadeland
MIAMI, Aug. 29, 2024 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ:IMXI), ("Intermex" or the "Company") a leading, omni-channel money remittance company, is pleased to announce the successful refinancing of its existing secured debt through the establishment of a new $425 million revolving credit facility. The new credit agreement provides for U.S. Dollar, Euro, and Pound Sterling revolving loans and creates an uncommitted incremental credit facility that may be used for additional term or revolving loans of up to $100 million in the aggregate. The new revolving credit facility, maturing in 2029, bears an interest rate equal to SOFR plus 175 to 225 basis points based on th
Company to Host Conference Call Today at 9 a.m. ET MIAMI, Aug. 07, 2024 (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 and the Caribbean, today reported strong operating results for the second quarter of 2024. Financial performance highlights for the second quarter of 2024 compared with the same period last year are: Revenues of $171.5 million, an increase of 1.4%.Net income of $14.0 million, a decrease of 9.1%.Diluted EPS of $0.42 per share, same as the prior period.Adjusted Diluted EPS of $0.55 per share, an increase of 10.0%.Adjusted EBITDA of $31.1 mil
MIAMI, July 24, 2024 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ:IMXI) ("Intermex" or the "Company"), a leading provider of money remittance services, is excited to announce the addition of two new senior leaders to its team. These strategic hires underscore Intermex's commitment to growth, innovation, and exceptional service in the remittance industry. Intermex is pleased to announce that Chris Kawula has joined the Company as the new Executive Vice President, Head of Sales. This critical position, reporting directly to Chief Executive Officer Bob Lisy, is instrumental in executing Intermex's highly differentiated retail sales strategy, driving customer and partner acqu
MIAMI, July 15, 2024 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ:IMXI), also known as Intermex, will release its Second Quarter 2024 earnings before the start of trading on Wednesday, August 7, 2024. The Intermex management team will be hosting a conference call on the same day at 9:00 am ET. Interested parties are invited to join the conference and gain firsthand knowledge about Intermex's financial performance and operational achievements through the following channels: A live broadcast of the conference call may be accessed via the Investor Relations section of Intermex's website at https://investors.intermexonline.com/.To participate in the live conference call via
Company generates strong earnings and margins, continued execution of omnichannel strategy Company to Host Conference Call Today at 9 a.m. ET MIAMI, May 08, 2024 (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 and the Caribbean, today reported strong operating results for the first quarter of 2024. Financial performance highlights for the first quarter of 2024 compared with the same period last year are: Revenues of $150.4 million, an increase of 3.5%;Net income of $12.1 million, an increase of 2.9%;Diluted EPS of $0.35 per share, an increase of 12.9%;Adju
MIAMI, April 16, 2024 (GLOBE NEWSWIRE) -- In an innovative step towards reshaping the landscape of money transfer to Latin America, Intermex, a leading omnichannel money transfer service provider, has announced its strategic partnership with Félix Pago. The Félix Pago partnership with Intermex, creates a user-friendly chat-based platform, aimed at facilitating money transfers for Latin American families in the US to their loved ones back home. This alignment between Félix Pago and Intermex marks a new era in money transfers, focusing on ease, speed and accessibility. Transferring funds isn't just a transaction. It's a way to connect families across borders effortlessly ensuring financia
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Monness Crespi & Hardt reiterated coverage of International Money Express with a rating of Buy and set a new price target of $28.00 from $30.00 previously
Oppenheimer resumed coverage of International Money Express with a rating of Perform
BTIG Research downgraded International Money Express from Buy to Neutral
BTIG Research resumed coverage of International Money Express with a rating of Buy and set a new price target of $25.00
BMO Capital Markets resumed coverage of International Money Express with a rating of Outperform and set a new price target of $30.00
UBS initiated coverage of International Money Express with a rating of Neutral and set a new price target of $18.00
JMP Securities downgraded International Money Express from Mkt Outperform to Mkt Perform
Needham initiated coverage of International Money Express with a rating of Buy and set a new price target of $35.00
JMP Securities reiterated coverage of International Money with a rating of Market Outperform and set a new price target of $24.00 from $20.00 previously
Credit Suisse reiterated coverage of International Money with a rating of Neutral and set a new price target of $20.50 from $19.00 previously
Company to Host Conference Call Today at 9 a.m. ET MIAMI, Nov. 08, 2024 (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 and the Caribbean, today reported strong operating results for the third quarter of 2024. Financial performance highlights for the third quarter of 2024 compared with the same period last year are: Revenues of $171.9 million, a decrease of 0.3%.Net income of $17.3 million, an increase of 16.9%.Diluted EPS of $0.53 per share, an increase of 29.3%.Adjusted Diluted EPS of $0.61 per share, an inc
MIAMI, Oct. 14, 2024 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ:IMXI), also known as Intermex, will release its Third Quarter 2024 earnings before the start of trading on Friday, November 8, 2024. The Intermex management team will be hosting a conference call on the same day at 9:00 am ET. Interested parties are invited to join the conference and gain firsthand knowledge about Intermex's financial performance and operational achievements through the following channels: A live broadcast of the conference call may be accessed via the Investor Relations section of Intermex's website at https://investors.intermexonline.com/.To participate in the live conference cal
Company to Host Conference Call Today at 9 a.m. ET MIAMI, Aug. 07, 2024 (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 and the Caribbean, today reported strong operating results for the second quarter of 2024. Financial performance highlights for the second quarter of 2024 compared with the same period last year are: Revenues of $171.5 million, an increase of 1.4%.Net income of $14.0 million, a decrease of 9.1%.Diluted EPS of $0.42 per share, same as the prior period.Adjusted Diluted EPS of $0.55 per share, an increase of 10.0%.Adjusted EBITDA of $31.1 mil
MIAMI, July 15, 2024 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ:IMXI), also known as Intermex, will release its Second Quarter 2024 earnings before the start of trading on Wednesday, August 7, 2024. The Intermex management team will be hosting a conference call on the same day at 9:00 am ET. Interested parties are invited to join the conference and gain firsthand knowledge about Intermex's financial performance and operational achievements through the following channels: A live broadcast of the conference call may be accessed via the Investor Relations section of Intermex's website at https://investors.intermexonline.com/.To participate in the live conference call via
Company generates strong earnings and margins, continued execution of omnichannel strategy Company to Host Conference Call Today at 9 a.m. ET MIAMI, May 08, 2024 (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 and the Caribbean, today reported strong operating results for the first quarter of 2024. Financial performance highlights for the first quarter of 2024 compared with the same period last year are: Revenues of $150.4 million, an increase of 3.5%;Net income of $12.1 million, an increase of 2.9%;Diluted EPS of $0.35 per share, an increase of 12.9%;Adju
MIAMI, April 15, 2024 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ:IMXI), also known as Intermex, will release its First Quarter 2024 earnings before the start of trading on Wednesday, May 8, 2024. The Intermex management team will be hosting a conference call on the same day at 9:00 am ET. Interested parties are invited to join the discussion and gain firsthand knowledge about Intermex's financial performance and operational achievements through the following channels: A live broadcast of the conference call may be accessed via the Investor Relations section of Intermex's website at https://investors.intermexonline.com/.To participate in the live conference call via
Company generates strong earnings and margins, continued execution of omnichannel strategy Company to Host Conference Call Today at 9 a.m. ET MIAMI, Feb. 27, 2024 (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 and the Caribbean, today reported strong operating results for the fourth quarter and full year 2023. Financial performance highlights for the fourth quarter of 2023 compared with the same period last year are: Revenues of $171.8 million, an increase of 11.2%;Diluted EPS of $0.49 per share, an increase of 40.0%;Adjusted Diluted EPS of $0.56 per
MIAMI, Feb. 06, 2024 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ:IMXI) (the "Company" or "Intermex"), will release Fourth Quarter 2023 earnings before the start of trading on Tuesday, February 27, 2024. Management will host a conference call on February 27, 2024 at 9:00 am ET to discuss the Company's financial and operating results. The conference call can be accessed as follows: by dialing 1-844-826-3033 (domestic) or 1-412-317-5185 (international) and requesting the International Money Express Fourth Quarter 2023 Earnings Conference Call; orvia webcast at https://investors.intermexonline.com/news-events/events An audio replay of the conference call will be available f
Company generates strong quarterly results, while continuing to invest in growth opportunities Company to Host Conference Call Today at 9 a.m. ET MIAMI, Nov. 07, 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 operating results for the third quarter of 2023. Bob Lisy, Chairman, President, and CEO of Intermex, stated, "We are proud to beat market consensus for Revenue and deliver another strong quarter of growth. In line with our expectations, Net Income was impacted by non-core items this year and last, however Adjusted EBITDA gr
MIAMI, Oct. 09, 2023 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ:IMXI) (the "Company" or "Intermex"), will release its Third Quarter 2023 earnings before the start of trading on Tuesday, November 7, 2023. Management will host a conference call on November 7, 2023, at 9:00 am ET to discuss the Company's financial and operating results. The conference call can be accessed as follows: by dialing 1-844-826-3033 (domestic) or 1-412-317-5185 (international) and requesting the International Money Express Third Quarter 2023 Earnings Conference Call; orvia webcast at https://investors.intermexonline.com/news-events/events An audio replay of the conference call will be av
MIAMI, Dec. 15, 2023 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ:IMXI) (the "Company" or "Intermex"), one of the nation's leading omnichannel money transfer services, announces the appointment of a new member - Ms. Karen Higgins-Carter to the Company's Board of Directors, effective December 15, 2023. The appointment of Ms. Higgins-Carter brings the total number of directors to nine, six of whom are independent directors to the Company's board. Chairman, Chief Executive Officer, and President Bob Lisy said, "We are thrilled to welcome our new board member Karen Higgins-Carter to Intermex's board of directors. With her extensive experience in financial information technolo
MIAMI, Jan. 07, 2022 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ:IMXI) (the "Company") (Intermex), a leading money remittance services company, today announced the appointment of Ms. Debra A. Bradford and Dr. Bernardo B. Fernandez to the Company's Board of Directors, effective January 7, 2022. Chairman, Chief Executive Officer, and President Bob Lisy said, "The Intermex executive team and the Board of Directors look forward to working with Ms. Bradford and Dr. Fernandez to leverage their experience guiding organizations through significant growth and change." Mr. Lisy added, "Their unique skills and strengths, coupled with their diverse backgrounds will be a significant
MIAMI, Dec. 08, 2020 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI) (the “Company”) (Intermex), a leading money remittance services company, today announced the appointment of Ernesto Luciano as the company’s new general counsel and chief compliance officer. Ernesto will be assuming the administrative and compliance responsibilities from Jose Perez-Villarreal, the Company’s current chief administrative and compliance officer who will be retiring later this month. Chairman, Chief Executive Officer and President Bob Lisy said, “Ernesto Luciano brings a strong background of extensive experience with cross-border transactions, intellectual property, software licensing an
MIAMI, Dec. 07, 2020 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI) (the “Company”) (Intermex), a leading money remittance services company, today announced the appointment of Andras Bende as the company’s new chief financial officer, effective December 7, 2020. Chairman, Chief Executive Officer and President Bob Lisy said, “Andras Bende’s impressive 20 year career and track record of success, primarily in the financial services industry and principally in international markets, will be a valuable addition for our company.” Lisy added, “as a strategic member of the executive leadership team, we look forward to Andras’s perspective and ability to develop and execute f
10-Q - International Money Express, Inc. (0001683695) (Filer)
8-K - International Money Express, Inc. (0001683695) (Filer)
8-K - International Money Express, Inc. (0001683695) (Filer)
10-Q - International Money Express, Inc. (0001683695) (Filer)
8-K - International Money Express, Inc. (0001683695) (Filer)
8-K - International Money Express, Inc. (0001683695) (Filer)
10-Q - International Money Express, Inc. (0001683695) (Filer)
8-K - International Money Express, Inc. (0001683695) (Filer)
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DEFA14A - International Money Express, Inc. (0001683695) (Filer)
Analysts' ratings for IntL Money Express (NASDAQ:IMXI) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 0 0 0 Last 30D 1 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 0 1 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $27.75, along with a high estimate of $30.00 and a low estimate of $25.00. Highlighting a 5.93% decrease, the current
BMO Capital analyst Rufus Hone maintains IntL Money Express (NASDAQ:IMXI) with a Outperform and raises the price target from $29 to $30.
Needham analyst Mayank Tandon reiterates IntL Money Express (NASDAQ:IMXI) with a Buy and maintains $25 price target.
IntL Money Express (NASDAQ:IMXI) reported quarterly earnings of $0.43 per share which beat the analyst consensus estimate of $0.40 by 7.5 percent. This is a 13.16 percent increase over earnings of $0.38 per share from the same period last year. The company reported quarterly sales of $150.412 million which missed the analyst consensus estimate of $151.950 million by 1.01 percent. This is a 3.47 percent increase over sales of $145.364 million the same period last year.
Monness, Crespi, Hardt analyst Gus Gala initiates coverage on IntL Money Express (NASDAQ:IMXI) with a Buy rating and announces Price Target of $27.
BMO Capital has decided to maintain its Outperform rating of IntL Money Express (NASDAQ:IMXI) and lower its price target from $30.00 to $29.00. Shares of IntL Money Express are trading up 0.05% over the last 24 hours, at $19.92 per share. A move to $29.00 would account for a 45.58% increase from the current share price. About IntL Money Express International Money Express Inc is a processor of money transfer services in the USA to the Latin America corridor (LAC). The company offers services in approximately 50 states and Latin American countries. Computer and telephone-based options are available for convenient wire transfers. The company offers wire transfer, money order, Foreign exchange,
BMO Capital analyst Rufus Hone maintains IntL Money Express (NASDAQ:IMXI) with a Outperform and lowers the price target from $30 to $29.