International Mny Express Inc Stock Price, News & Analysis

Western Union (NYSE: WU) has announced a definitive agreement to acquire International Money Express (Intermex) in an all-cash transaction valued at approximately $500 million, or $16.00 per IMXI share. The deal represents a 50% premium to Intermex's 90-day volume-weighted average price.

The strategic acquisition aims to strengthen Western Union's North American retail presence and expand its reach in Latin American markets. The merger is expected to be immediately accretive to Western Union's adjusted EPS by more than $0.10 in the first full year post-close and generate $30 million in annual run-rate cost synergies within 24 months.

The transaction, unanimously approved by both companies' boards, is expected to close in mid-2026, subject to regulatory approvals and Intermex stockholder approval. The integration will provide Western Union access to Intermex's 6 million customers and enhance its digital platform capabilities.

International Money Express (NASDAQ: IMXI) has scheduled its Second Quarter 2025 earnings release for Monday, August 11, 2025 after market close. The company will host a conference call at 4:45 PM ET on the same day to discuss financial results and operational achievements.

Investors can access the conference call through two methods: via webcast through Intermex's Investor Relations website, or by telephone after registering to receive dial-in details. The webcast recording will remain available for one year on the company's investor website.

International Money Express (NASDAQ: IMXI) has launched an enhanced Remittance-as-a-Service (RaaS) platform, enabling businesses to integrate cross-border money transfer capabilities into their services. The platform serves markets including Mexico, Guatemala, Honduras, Dominican Republic, El Salvador, and select countries in Southeast Asia, EU, and Africa.

The upgraded RaaS solution offers customizable branded experiences across WhatsApp, mobile apps, and web platforms. Key features include integrated payment services, merchant account management, anti-fraud tools, and 24/7 bilingual support. The platform provides necessary licensing, compliance measures, and access to Intermex's extensive Latin American payout network supporting multiple payment methods.

International Money Express (NASDAQ: IMXI) has announced a strategic partnership with the New York Red Bulls soccer team to enhance its presence in northeastern communities. The partnership aims to connect with Latino communities through soccer, leveraging the fact that Latinos represent 70% of MLS viewership among 85 million U.S. soccer fans. The collaboration will include in-stadium activations, community outreach events, and cultural initiatives across the Tri-State area. This partnership aligns with Intermex's mission of serving Latino communities while expanding their financial services reach in one of the most culturally diverse regions.

International Money Express (NASDAQ: IMXI) has announced a strategic partnership with Houston Dynamo FC, a Major League Soccer team, to celebrate Latino heritage through soccer. The partnership targets Houston's significant Latino population, which comprises 45% of the city's residents, and aligns with soccer's growing popularity in the US, boasting 85 million fans nationwide. Notably, Latino fans represent 70% of the MLS audience. The collaboration aims to create in-stadium experiences, community events, and cultural celebrations. Intermex, positioning itself as the only remittance company built by Latinos for Latinos, sees this partnership as an opportunity to connect with customers beyond financial services through a culturally significant sport.

International Money Express (NASDAQ: IMXI) has formed a groundbreaking partnership with the LA Galaxy and Dignity Health Sports Park (DHSP), becoming the Official International Remittance Partner of the team and a Founding Partner of the stadium. This multi-year agreement marks Intermex's first sports partnership and includes prominent branding throughout DHSP, presenting partnership of the LA Galaxy Soccer Center, and title sponsorship of the 2025 Mexican Heritage Night. The partnership strategically aligns with Los Angeles' large Latino population, where nearly 70% of MLS viewership comes from Latino fans. Intermex, founded in 1994, facilitates digital money transfers from the U.S., Canada, and Europe to over 60 countries, with a focus on Latin America. The timing is significant as it extends through the 2026 FIFA World Cup and 2028 Olympics in Los Angeles.

International Money Express (NASDAQ: IMXI) reported its Q1 2025 financial results, showing mixed performance. The company achieved revenue of $144.3 million (down 4.1% YoY) and net income of $7.8 million (down 35.5%). While money transfer volumes grew 3.7% to $5.6 billion, transaction count decreased 5.2% to 12.8 million. The company reported diluted EPS of $0.25 and adjusted diluted EPS of $0.35. Adjusted EBITDA declined 15% to $21.6 million. During Q1, Intermex repurchased 367,873 shares for $5 million. The company revised its 2025 guidance, projecting revenue between $634.9-654.2 million, diluted EPS of $1.53-1.65, and adjusted EBITDA of $103.6-106.8 million. Management cited market uncertainty and consumer behavior changes as challenges while emphasizing continued execution of their omnichannel strategy.

International Money Express (NASDAQ: IMXI) has announced it will release its First Quarter 2025 earnings before trading begins on Wednesday, May 7, 2025. The company will host a conference call at 9:00 am ET on the same day.

Investors and interested parties can access the earnings discussion through two channels: via live broadcast through the Investor Relations section of Intermex's website, or by telephone conference call after registering to receive dial-in details. An archived version of the webcast will remain available on the company's website for one year following the call.

International Money Express (NASDAQ: IMXI) has launched Intermex SOMA (Store Owner Management App), a new mobile platform designed to enhance business management for Intermex agents. The app provides real-time visibility into business metrics, allowing store owners to track performance, monitor commissions, and receive instant alerts.

The platform features a comprehensive dashboard displaying MTD, YTD, MoM, and YoY performance views, along with push notifications and built-in contact features for immediate support. Chief Product, Marketing & Digital Officer Marcelo Theodoro emphasizes the app's focus on empowering agent partners, primarily small business owners, with improved control and convenience.

This launch represents a significant advancement in Intermex's digitization and omnichannel strategies, with plans for future updates to include deal management tools, marketing materials access, and new service features.