International Mny Express Inc Stock Price, News & Analysis

International Money Express (NASDAQ: IMXI) will present at the 17th Annual Needham Technology & Media Conference in New York City on May 17, 2022, starting at 8:45 a.m. Eastern time. The presentation will feature comments from Chief Financial Officer Andras Bende.

Investors can listen via a webcast available on the company’s investor relations page, with an archived version accessible after the event.

International Money Express, Inc. (NASDAQ: IMXI) will release its First Quarter 2022 earnings before the market opens on May 4, 2022. A conference call is scheduled for the same day at 9:00 AM ET, where management will discuss financial and operating results. Shareholders can join the call by dialing designated numbers or through a webcast here. An audio replay will be available post-call until May 18, 2022. Intermex provides money transfer services to 17 Latin American countries and beyond.

International Money Express (NASDAQ: IMXI) announced the acquisition of Envios de Valores La Nacional Corp. and LAN Holdings, significantly enhancing its market share in remittances, particularly to the Dominican Republic, where it will exceed 20%. This acquisition expands Intermex's global reach from 28 to over 70 countries and strengthens its position as a leading remittance provider to the top five Latin American markets, which account for 83% of U.S.-to-Latin America money transfers. The transaction is expected to close mid-2022, pending regulatory approvals.

International Money Express, Inc. (NASDAQ: IMXI) announced record financial results for Q4 and FY 2021. Q4 revenues reached $127.2 million, up 28.1% year-over-year, with a net income of $13.1 million (+36.5%). Full-year revenues totaled $459.2 million, a 28.6% increase, with net income of $46.8 million (+38.7%). The company expects 17%-19% revenue growth in 2022, driven by increasing digital transactions and agent partnerships. Strong cash flow and share repurchases reflect positive financial health.

International Money Express (NASDAQ: IMXI) has launched a new mobile money remittance app, available on both Apple and Android platforms. Designed with the LATAM consumer in mind, this app offers safe features for sending funds quickly. Its standout elements include a user-friendly interface, several funding options, and real-time selection of fees and exchange rates. Built on the IMX Connect platform, it enhances the company's omnichannel strategy, facilitating remittances to 16 countries in Latin America, eight in Africa, and two in Asia.

International Money Express, Inc. (NASDAQ: IMXI) announced further details for its Investor Day at Nasdaq MarketSite in Times Square, New York City, on March 7, 2022. The senior management will discuss the company's strategic direction and business opportunities. This in-person meeting is open to institutional investors and analysts, with registration required by March 1, 2022. A livestream will also be available from 2:00 p.m. to 4:30 p.m. ET. A replay will be accessible until March 7, 2023. Intermex specializes in money remittance services, utilizing technology to facilitate digital transactions across various regions.

International Money Express (NASDAQ: IMXI) will release its Fourth Quarter and Full Year 2021 earnings on March 7, 2022, before market opening. A conference call is scheduled for the same day at 9:00 am ET to discuss financial results. The Company will also hold its Inaugural Investor Day at the Nasdaq MarketSite in Times Square, starting at 2:00 pm ET, focusing on strategic direction and growth opportunities. Access to the call and event will be available through various channels including a live stream.

The Company, International Money Express (NASDAQ: IMXI), announced the appointments of Debra A. Bradford and Dr. Bernardo B. Fernandez to its Board of Directors, effective January 7, 2022. Chairman and CEO Bob Lisy expressed optimism about their leadership experience aiding the organization through growth and change. Bradford, with a background in merchant account services, and Dr. Fernandez, previously CEO of Cleveland Clinic Florida, bring valuable perspectives. Additionally, board members Kurt Holstein and Christopher Lofgren are set to retire.

International Money Express (NASDAQ: IMXI) will host an Investor Day on March 7, 2022, at the Nasdaq MarketSite in Times Square, New York City. Management will discuss the company's strategic direction and highlight specific business opportunities. The in-person meeting is for institutional investors and research analysts, with a livestream available for online participants. Attendees must register by February 11, 2022, and comply with Covid-19 regulations. The company provides money remittance services to 17 countries in Latin America, among others.