Financial Performance - For the year ended December 31, 2023, the principal amount sent increased by approximately 17.2% to $24.5 billion compared to fiscal year 2022[19]. - Total revenues for the year ended December 31, 2023, were $658.735 million, a 20.4% increase from $546.805 million in 2022[331]. - Operating income for 2023 was $95.490 million, an increase of 15.1% from $82.908 million in 2022[331]. - Net income for the year ended December 31, 2023, was $59.515 million, compared to $57.331 million in 2022, representing a 3.8% increase[331]. - Cash provided by operating activities significantly increased to $143,525,000 in 2023, compared to $15,174,000 in 2022 and $78,098,000 in 2021[335]. - The provision for credit losses increased to approximately $5.0 million for the year ended December 31, 2023, representing 0.8% of total revenues, up from $2.6 million (0.5%) in 2022 and $1.5 million (0.3%) in 2021[312]. - Cash and cash equivalents as of December 31, 2023, were $239.203 million, up from $149.493 million in 2022[329]. - The company incurred $66,264,000 in stock repurchases in 2023, compared to $53,734,000 in 2022[335]. - Cash paid for interest increased to $9,180,000 in 2023 from $4,625,000 in 2022[336]. Transaction Growth - The company processed approximately 58.7 million remittances in 2023, representing over 22.8% growth in transactions compared to 2022[19]. - The company grew its agent network by approximately 16.4% in 2023, primarily due to the acquisition of LAN Holdings[19]. - The company processed 20.8% of the aggregate volume of remittances to Mexico and 29.7% to Guatemala according to the latest data from the Central Banks of Mexico and Guatemala in 2023[23]. - The three largest remittance corridors served are from the United States to Mexico, Guatemala, and the Dominican Republic, with the U.S. to Mexico corridor being one of the largest globally in 2023[44]. - Remittance volume to low and middle-income countries grew approximately 3.8% during 2023, indicating a positive trend in the market[44]. Market Expansion - The company aims to expand its market share in the largest remittance corridors, particularly from the U.S. to Mexico, Guatemala, and the Dominican Republic[23]. - The company expanded its services to allow remittances to Africa and Asia from the United States and began offering sending services from Canada to Latin America and Africa[17]. - The company commenced operations in the Dominican Republic and Europe in April 2023 following the LAN Acquisition[313]. Technology and Operations - The company has made significant investments in enhancing its digital mobile money remittance applications to provide safe and easy-to-use features for consumers[23]. - The company’s proprietary software platform has proven reliable, with 2023 downtime being less than 0.05%[21]. - The proprietary Transaction Processing Engine (TPE) enhances transaction speed and regulatory compliance through real-time risk management algorithms[37]. - The company operates a network of 122 Company-operated stores and authorized agents across various countries, primarily serving Latin America[339]. Regulatory and Compliance - The company is subject to various regulations, including anti-money laundering laws, which require robust compliance programs and monitoring of transactions[51]. - The company is subject to direct examination and supervision by the CFPB as a "larger participant" in the international money transfer market[56]. - The company has modified its systems and consumer disclosures to comply with the CFPB's Remittance Transfer Rule[56]. - Regulatory scrutiny on the company's operations has intensified, with potential fines and penalties for violations that could adversely affect its financial condition[134]. - The company is subject to evolving data privacy and cybersecurity laws, which could result in significant compliance costs and reputational harm if not adhered to[138]. Risks and Challenges - Political and economic instability in key Latin American markets may impact revenue and profitability, particularly with currency fluctuations against the U.S. dollar[46]. - The company faces intense competition in the money remittance industry, with a mix of large and small competitors impacting its market position[82]. - Economic conditions, including recession and rising inflation, significantly affect consumer money remittance transactions, which could adversely impact the company's financial results[84]. - The company is exposed to liquidity risk as the timing of funds from sending agents may differ from when funds are made available to beneficiaries[62]. - Credit risks from sending agents and financial institutions are significant, as insolvency or fraud could lead to financial losses[122]. Employee and Diversity - Approximately 95% of the U.S. team members identified as racially or ethnically diverse, and about 60% identified as female as of December 31, 2023[69]. - The company had 534 full-time employees in the United States and a total of 698 employees in Mexico, with 427 being full-time[70]. Financial Position - The company had approximately $189.5 million in indebtedness as of December 31, 2023, consisting of $75.5 million in term loan borrowings and $114.0 million in revolving credit borrowings[156]. - The company had open foreign exchange contracts for Mexican pesos and Guatemalan quetzales amounting to approximately $56.9 million and $41.3 million at December 31, 2023 and 2022, respectively[301]. - The total assets of the company as of December 31, 2023, were $576.812 million, an increase from $512.072 million in 2022[329].

Exhibit 99.1 Intermex Reports Fourth Quarter and Full Year Results Company generates strong earnings and margins, continued execution of omnichannel strategy Company to Host Conference Call Today at 9 a.m. ET MIAMI, (February 27, 2024) – 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 p ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-37986 INTERNATIONAL MONEY EXPRESS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-37986 INTERNATIONAL MONEY EXPRESS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incor ...

2nd Quarter 2023 Earnings Presentation This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, which reflect our current views concerning certain events that are not historical facts but could affect our future performance, including but without limitation, statements regarding our plans, objectives, financial performance, business strategies, projected results of operations, and expectations for the Company. These state ...

Financial Data and Key Metrics Changes - Revenue increased by 27% year-over-year, reaching $145.4 million during the quarter [56] - Net income rose just under 1% to $11.8 million, while GAAP EPS growth was about 3% [57] - Adjusted EBITDA increased more than 16% to $24.1 million, benefiting from strong revenue growth [83] - Cash balance at the end of the quarter was $85.5 million, with a strong net free cash generated of almost $14 million, up more than 37% from the previous year [58][84] Business Line Data and Key Metrics Changes - Digitally originated transactions grew by 68%, with 30% of transactions sent or received digitally, up almost 5% from a year ago [44] - The average remittance amount decreased by 5% year-over-year to $415 per transaction, primarily due to lower average transaction amounts to the Dominican Republic [81] - Unique active customers increased by 37% to 3.6 million, generating a record 12.9 million remittance transactions, which is 29% more than a year ago [54] Market Data and Key Metrics Changes - The company estimates its 2022 market share in the top five Latin American receiving countries was just over 20%, up 150 basis points from the first quarter of last year [45] - Total principal transfer grew by 22% to $5.3 billion, driven by the strength of the core business and the addition of La Nacional [81] Company Strategy and Development Direction - The company is focused on expanding its footprint in key ZIP codes with a differentiated value proposition for consumers and agent partners [52] - Investments in Europe are being made to capture growth opportunities, with a focus on Spain, Italy, and potential expansion into France and the U.K. [63] - The integration of La Nacional's U.S. business is underway, with a focus on rightsizing the retail network and maximizing efficiencies and margins [76] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth potential in the Western states, where there is significant unfilled market opportunity [42] - The company is cautious about competition but emphasizes execution, market analysis, and return on investment as key focus areas [13] - Management expects to achieve an EBITDA margin of 9% to 11% by late 2023 or early 2024 [52] Other Important Information - The company has authorized an additional $100 million for share repurchases, with over 3.1 million shares repurchased for about $66.9 million [58] - The company plans to communicate guidance in three metrics: revenue, EPS, and adjusted EBITDA starting with the Q2 earnings release [61] Q&A Session Summary Question: What triggered the hiring of 12 regional directors? - Management indicated that the hiring was to drive agent growth and respond to market opportunities, particularly in the West [25][28] Question: Can you provide an update on the value-added services and their contribution to revenue? - Management clarified that value-added services are considered standalone products, with expectations for significant revenue contributions in the future [34] Question: How should investors think about market share and growth opportunities? - Management emphasized a bottom-up approach to assessing market share, focusing on underserved ZIP codes and recognizing the potential for growth in various Latin American countries [106][107]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-37986 (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to Commission File No. 001-37986 None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securit ...

13 Capital Allocation Priorities INTERNATIONAL MONEY EXPRESS Current liabilities: Current portion of long-term debt, net $ 4,975 $ 3,882 Accounts payable 25,686 23,151 Wire transfers and money orders payable, net 112,251 56,066 Accrued and other liabilities 41,855 33,760 Long-term debt, net 150,235 79,211 Stockholders' equity: Total stockholders' equity 149,906 143,040 Total liabilities and stockholders' equity $ 512,072 $ 340,536 EXPERIENCE ● TRUST ● INNOVATION ● GROWTH Recon. from GAAP Basic EPS to Adjust ...

International Money Express, Inc. (NASDAQ:IMXI) Q4 2022 Earnings Conference Call March 8, 2023 9:00 AM ET Company Participants Mike Gallentine – Vice President-Investor Relations Bob Lisy – Chairman, Chief Executive Officer and President Andras Bende – Chief Financial Officer Chris Hunt – Acting Chief Operating Officer Randy Nilsen – Chief Revenue Officer Conference Call Participants Mike Grondahl – Northland Securities David Scharf – JMP Alex Markgraff – KeyBanc Capital Markets Chris Young – Credit Suisse ...