Workflow
Money Transfer
icon
Search documents
Can Euronet Expand Remittance Access Through Google Partnership?
ZACKS· 2025-07-10 14:50
Key Takeaways EEFT embeds Ria and Xe money transfer services directly into Google's search platform. The deal leverages Google's reach to capture a bigger share in the growing digital remittance market. Ria and Xe support 3.2B wallets, 4B accounts and Visa cards, and 624K locations globally.Euronet Worldwide, Inc. (EEFT) , through its subsidiaries Ria Money Transfer and Xe, partnered with Google to integrate its cross-border money transfer services into Google’s platforms. This collaboration allows users ...
International Money Express(IMXI) - 2020 Q1 - Earnings Call Presentation
2025-07-10 12:46
Financial Performance Highlights - Revenue increased by 130% to $773 million in Q1 2020 compared to $683 million in Q1 2019 [24, 16] - Adjusted EBITDA grew by 228% to $132 million in Q1 2020 compared to $108 million in Q1 2019 [6, 24, 20] - Net income increased by 802% to $57 million in Q1 2020 compared to $32 million in Q1 2019 [6, 24] - Free cash flow was estimated at $73 million in Q1 2020, a 52% increase from $48 million in Q1 2019 [7] - Adjusted EBITDA margin expanded by 136 basis points year-over-year to 171% [24] Operational Performance - Remittance volume increased by 173% [24] - The company converts 55% of Adjusted EBITDA to Free Cash after taxes, investments, and debt service [7] - Approximately 95% of independent agent retailers remained open for business during the COVID-19 pandemic [4] Market Position - Intermex's market share in Mexico was 180% in 2019 [22] - Intermex's market share in Guatemala was 254% in 2019 and 258% in Q1 2020 [22] COVID-19 Response - The company implemented social-distancing practices at Mexico and Guatemala call centers [4] - All headquarters employees were empowered to work from home efficiently [4] - All 33 Intermex operated stores were temporarily closed [4]
International Money Express (IMXI) Earnings Call Presentation
2025-07-10 12:44
Financial Performance Highlights - Revenue for Q1 2020 reached $77.3 million, a 13% increase compared to $68.3 million in Q1 2019[21, 18] - Remittance volume in Q1 2020 was $2.6 billion, up 17.3% from $2.2 billion in Q1 2019[21, 15] - Adjusted EBITDA for Q1 2020 grew to $13.2 million, a 22.8% increase from $10.8 million in Q1 2019[21, 19] - Net income for Q1 2020 increased significantly to $5.7 million, an 80.2% rise compared to $3.2 million in Q1 2019[21, 5] - Free cash flow was $7.3 million in Q1 2020, a 52% increase from $4.8 million in Q1 2019[7, 35] Business Trends - Transaction growth saw a rebound, from -7.2% in April 2020 to 7.3% in May 2020[6] - Volume growth also recovered, from -7.2% in April 2020 to 8.7% in May 2020[6] Profitability and Efficiency - Adjusted EBITDA margin expanded by 136 basis points year-over-year to 17.1%[23] - The company is converting 55% of Adjusted EBITDA to Free Cash, after taxes, investments and debt service[7]
International Money Express(IMXI) - 2020 Q2 - Earnings Call Presentation
2025-07-10 12:44
Second Quarter 2020 Performance - Revenue reached $85.1 million, a 2.9% increase compared to the second quarter of 2019[31] - Remittance volume totaled $2.8 billion, representing a 5.3% growth from the prior year period[31] - Adjusted EBITDA amounted to $17.4 million, a 6.8% increase year-over-year[31] - Net income increased by 26.9% to $9.0 million[31] - Adjusted EBITDA margin expanded by 75 basis points year-over-year to 20.4%[33] Growth Initiatives - Online business transactions grew by 884% in the second quarter of 2020 compared to the second quarter of 2019[14] - Online business customers increased by 608% in the second quarter of 2020 compared to the second quarter of 2019[14] - Emerging LATAM corridors experienced revenue growth of 17% from Q1 to Q2, now representing approximately 7% of total Intermex Revenue[16] Capital & Liquidity - Estimated free cash generated was $10.0 million in Q2 2020, a 16.4% increase of $1.4 million from Q2 2019[26] - The company converted 58% of Adjusted EBITDA to Free Cash after taxes, investments and debt service in Q2 2020[26] Third Quarter 2020 Guidance - The company projects revenue of $88 million – $91 million[36] - The company anticipates Adjusted EBITDA of $17 million - $18 million[36]
Western Union: Transition From Legacy Operations Will Need More Time
Seeking Alpha· 2025-07-01 09:58
Analyst's Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in WU over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Al ...
2 Millionaire-Maker Technology Stocks Worth Considering
The Motley Fool· 2025-05-27 08:15
Airbnb (ABNB -0.64%) has been a disruptive force in the travel market ever since its inception. With its revolutionary home-sharing model, the company has grown to $81.8 billion in gross spending on its platform in 2024, which equates to $11.1 billion in total revenue. The platform is available in many countries around the globe. However, did you know that 70% of Airbnb's spending comes from only a few Western markets like the United States, United Kingdom, Australia, and France? Over the next five years, m ...
Here's What Key Metrics Tell Us About International Money Express (IMXI) Q1 Earnings
ZACKS· 2025-05-07 14:35
For the quarter ended March 2025, International Money Express (IMXI) reported revenue of $144.31 million, down 4.1% over the same period last year. EPS came in at $0.35, compared to $0.43 in the year-ago quarter. Here is how International Money Express performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: View all Key Company Metrics for International Money Express here>>> Shares of International Money Express have returned +8.1% over the ...
International Money Express(IMXI) - 2025 Q1 - Earnings Call Transcript
2025-05-07 14:02
International Money Express (IMXI) Q1 2025 Earnings Call May 07, 2025 09:00 AM ET Company Participants Alex Sadowski - Investor RelationsRobert Lisy - Chairman, President & CEOAndras Bende - Chief Financial OfficerMarcelo Theodoro - Chief Product, Digital & Marketing OfficerMike Grondahl - Head of Equities & Director of ResearchAlex Markgraff - Vice President - Equity Research Conference Call Participants Chris Zhang - ED - Equity Research AnalystGustavo Gala - AnalystAndrew Harte - Director & FinTech Analy ...
International Money Express(IMXI) - 2025 Q1 - Earnings Call Presentation
2025-05-07 13:23
First Quarter 2025 Earnings Presentation May 7th, 2025 Safe Harbor Statement / Non-GAAP Financial Measures This presentation contains certain "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 have an effect on our future performance, including but without limitation, statements regarding our plans, objectives, financial performance, business str ...
Intermex Reports First-Quarter Results
Globenewswire· 2025-05-07 12:00
Company reports solid volume growth, continued execution of omnichannel strategy Company to Host Conference Call Today at 9 a.m. ET MIAMI, May 07, 2025 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI) ("Intermex" or the "Company"), one of the nation's leading global omnichannel money transfer services to Latin America and the Caribbean, today reported financial and operating results for the first quarter of 2025. Financial performance highlights for the first quarter of 2025: Bob Lisy, C ...