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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) - 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]
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 ...
Intermex to Release First Quarter 2025 Earnings
Newsfilter· 2025-04-16 12:00
Company Overview - International Money Express, Inc. (Intermex) was founded in 1994 and specializes in enabling consumers to send money from the United States, Canada, and Europe to over 60 countries [2] - The company utilizes proprietary technology for digital money transfers through a network of agent retailers, company-operated stores, a mobile app, and websites [2] - Intermex is headquartered in Miami, Florida, with international offices in Puebla, Mexico; Guatemala City, Guatemala; London, England; and Madrid, Spain [2] Upcoming Earnings Release - Intermex will release its First Quarter 2025 earnings before the market opens on May 7, 2025 [1] - A conference call hosted by the management team will take place on the same day at 9:00 am ET to discuss financial performance and operational achievements [1] Investor Relations - Interested parties can access the live broadcast of the conference call via the Investor Relations section of Intermex's website [3] - To participate in the call via telephone, registration is required to receive a dial-in number and unique PIN [3] - An archived webcast of the conference call will be available for one year on Intermex's website following the event [3]