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International Mny Express Inc 10-Q Filings

IMXI NASDAQ

Every 10-Q that International Mny Express Inc (IMXI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow IMXI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full IMXI filings page.

Rhea-AI Summary

International Money Express, Inc. reported significantly weaker results for the quarter and six months ended June 30, 2026, while progressing toward a pending cash acquisition by The Western Union Company at $16.00 per share, subject to remaining regulatory approvals and other customary closing conditions.

For the quarter, revenue fell to $131.2 million from $161.1 million, and net income declined to $4.2 million from $11.0 million, with diluted EPS dropping to $0.14 from $0.37. For the first half, revenue decreased to $253.1 million from $305.4 million and net income to $4.7 million from $18.8 million. Management attributes lower performance mainly to a contraction in the retail remittance market in the U.S.–LAC corridor, partially offset by growth in digital channels.

Despite weaker earnings, the company generated strong operating cash flow of $75.4 million in the first half and reduced revolving credit facility borrowings to $113.8 million from $194.8 million at year-end 2025, improving the balance sheet while remaining in compliance with leverage and interest coverage covenants.

Rhea-AI Summary

International Money Express (Intermex) reports a much weaker Q1 2026 while progressing toward a sale to Western Union. Revenue fell to $121.952M from $144.310M a year earlier, as transaction volumes and foreign-exchange gains declined. Net income dropped to $0.511M, versus $7.769M, with diluted EPS decreasing from $0.25 to $0.02.

Operating cash flow swung to an outflow of $37.364M from an inflow of $41.282M, largely driven by higher prepaid wires and working-capital movements. Debt under the revolving credit facility increased to $240.814M from $194.825M, while total assets rose to $565.942M.

The company highlights a pending merger with Western Union, under which each Intermex share will be converted into $16.00 in cash at closing, subject to customary conditions. Most U.S. and all international money-transmission regulators have approved or not objected, with one U.S. state approval still pending. The parties are working toward completion in the second quarter of 2026, though the agreement includes outside dates and reciprocal termination fees.

Rhea-AI Summary

International Money Express (IMXI) reported weaker Q3 results and advanced its pending sale to Western Union. Q3 2025 revenue was $154.9 million versus $171.9 million a year ago, as wire transfer and money order fees, net, fell to $127.8 million and foreign exchange gain, net, was $22.3 million. Operating expenses were $144.4 million, including $5.4 million of transaction costs, yielding operating income of $10.5 million.

Net income was $5.0 million ($0.17 diluted EPS) compared with $17.3 million ($0.53) in Q3 2024. For the nine months, revenue was $460.4 million versus $493.9 million, with net income of $23.7 million versus $43.4 million. Cash and cash equivalents were $151.6 million, debt, net, was $157.9 million, and total stockholders’ equity was $149.7 million. The company repurchased 1,348,214 shares for $16.3 million year‑to‑date and has suspended repurchases during the pendency of its merger agreement.

The company entered a Merger Agreement with Western Union to be acquired for $16.00 per share in cash, subject to stockholder and regulatory approvals and other customary conditions; the HSR waiting period expired on October 6, 2025. As of November 5, 2025, 29,718,731 common shares were outstanding.

Rhea-AI Summary

International Money Express (IMXI) reported lower revenues and profits in the periods ended June 30, 2025 compared with 2024 while showing a stronger cash position and a material corporate development. Total revenue for the three months was $161.1 million versus $171.5 million a year earlier, and net income was $11.0 million (basic EPS $0.37) compared with $14.0 million (EPS $0.43) in the prior year. For the six months, revenue was $305.4 million and net income $18.8 million (EPS $0.62), down from $321.9 million and $26.1 million (EPS $0.79), primarily reflecting lower wire transfer fees and slightly lower operating income.

On the balance sheet, cash and cash equivalents increased to $174.7 million and total assets rose to $518.0 million. Revolving credit borrowings were $144.1 million and total stockholders’ equity was $142.3 million. The Company repurchased 1.35 million shares for $16.3 million in the six months ended June 30, 2025 and had approximately $48.3 million available under its repurchase program. In a subsequent event disclosed in the filing, on August 10, 2025 IMXI entered into a Merger Agreement with The Western Union Company under which each share would be converted into the right to receive $16.00 per share in cash, subject to customary closing conditions and approvals.