International Money Express (IMXI) Stock Overview
Operates as an omnichannel money remittance services company in the United States, Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
IMXI Community Fair Values
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Analyst Price Targets
International Money Express, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$14.67 |
| 52 Week High | US$15.95 |
| 52 Week Low | US$8.58 |
| Beta | 0.75 |
| 1 Month Change | -7.21% |
| 3 Month Change | -7.03% |
| 1 Year Change | 32.28% |
| 3 Year Change | -40.29% |
| 5 Year Change | -0.95% |
| Change since IPO | 46.70% |
Recent News & Updates
Recent updates
Narrative Update • Sep 05
Digital Investments Will Expand Market Share In Latin American Remittance Market
With both the discount rate and future P/E ratio remaining essentially unchanged, there is no material shift in key valuation metrics, and the consensus analyst price target for International Money Express remains steady at $16.00. What's in the News Western Union agreed to acquire International Money Express (Intermex) for approximately $500 million in an all-cash deal at $16.00 per share; the acquisition is expected to close in mid-2026 after regulatory and shareholder approvals.Analysis Article • Mar 17
Market Cool On International Money Express, Inc.'s (NASDAQ:IMXI) Earnings Pushing Shares 28% Lower
To the annoyance of some shareholders, International Money Express, Inc. ( NASDAQ:IMXI ) shares are down a considerable...Seeking Alpha • Dec 20
International Money Express: Key Catalysts Strengthening As New Catalysts Emerge
Summary Intermex stock has rallied in recent months, in particular due to a solid earnings release, as well as an announcement that IMXI is actively assessing "strategic initiatives." Yet even if this latest news fails to result in a buyout offer for the remittance company, on its own IXMI stock could surge to $30 or more per share. How? Improved results, especially as the company expands its product offerings, and continues to make bolt-on acquisitions. While perhaps vulnerable to a pullback in the immediate term, IMXI stock remains a buy, whether now or on possible future weakness. Read the full article on Seeking AlphaAnalysis Article • Nov 13
International Money Express, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
The investors in International Money Express, Inc. 's ( NASDAQ:IMXI ) will be rubbing their hands together with glee...Analysis Article • Nov 10
We Ran A Stock Scan For Earnings Growth And International Money Express (NASDAQ:IMXI) Passed With Ease
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
New Narrative • Sep 24
Digital Expansion And Calculated Moves Poised To Boost Global Banking Powerhouse
Strategic investments and new leadership aim at boosting digital transactions in Europe and rejuvenating growth in retail sectors.Analysis Article • Aug 08
International Money Express, Inc. (NASDAQ:IMXI) Screens Well But There Might Be A Catch
International Money Express, Inc.'s ( NASDAQ:IMXI ) price-to-earnings (or "P/E") ratio of 9.5x might make it look like...Analysis Article • Jun 16
We Think Some Shareholders May Hesitate To Increase International Money Express, Inc.'s (NASDAQ:IMXI) CEO Compensation
Key Insights International Money Express to hold its Annual General Meeting on 21st of June CEO Bob Lisy's total...Analysis Article • Mar 01
International Money Express, Inc. (NASDAQ:IMXI) Just Released Its Annual Earnings: Here's What Analysts Think
Shareholders might have noticed that International Money Express, Inc. ( NASDAQ:IMXI ) filed its yearly result this...Analysis Article • Jul 27
With EPS Growth And More, International Money Express (NASDAQ:IMXI) Makes An Interesting Case
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Mar 09
We Ran A Stock Scan For Earnings Growth And International Money Express (NASDAQ:IMXI) Passed With Ease
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysis Article • Dec 30
International Money Express (NASDAQ:IMXI) Has A Pretty Healthy Balance Sheet
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Nov 04
Here's Why We Think International Money Express (NASDAQ:IMXI) Is Well Worth Watching
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Oct 19
Investors Should Be Encouraged By International Money Express' (NASDAQ:IMXI) Returns On Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Seeking Alpha • Sep 26
International Money Express: Bullish As Remittances May Prove To Be Recession Resistant
Summary IMXI is capturing market share in money transfer services to Latin America. The challenging economic environment may add to the demand for remittances as a form of financial assistance to friends and family overseas. IMXI outperformed this year, and we see more upside with continued earnings momentum. International Money Express, Inc. (IMXI), also known as "Intermex", is a leader in money transfer services between the U.S. and Latin America. The company's omnichannel business model allows customers to initiate international remittances through agent retailers, and company-owned stores, as well as with digital payments. The attraction here is a strong growth profile, with Intermex capturing market share in its core operating countries of Central America. Indeed, IMXI has climbed more than 40% in 2022 as an outperformer through a string of better-than-expected earnings. We like the stock with a sense that international remittances should be relatively resilient to slowing economic conditions as a defensive business in the current market. Simply put, a volatile global economy in combination with a historically strong U.S. Dollar should support demand for these types of cash transfers in support of friends and family. While IMXI has already been a big winner this year, we see more upside over the year ahead. IMXI Key Stats Intermex last reported its Q2 earnings in early August with EPS of $0.47, up from $0.39 in the period last year while beating expectations by 0.04. Revenue of $137 million increased by 17.3% year-over-year and was also ahead of estimates. The story is the climbing number of transactions that reached 11.9 million, up 18.1% y/y. Within that figure, digitally originated transactions more than doubled and now represent 26% of the total. The number of active customers is up 15% from Q2 last year, which provides some runaway for continued growth between new and repeat customers. Company IR During the earnings conference call, management noted how its receiving customers, which often do not have traditional bank accounts, are increasingly utilizing mobile wallets which have added to transaction activity. The share of digital transactions as a percentage of the total is now 26.3%, up from 22.1% in the period last year. What's also impressive is the principal value of transactions at $5.3 billion in Q2, up 22% over the past year. Intermex notes that its market share of inbound international remittances at 21.9% is up 90 basis points over the past year and from 19.3% in 2020. While the company operates in 22 countries, the core business includes Mexico, Guatemala, Honduras, and El Salvador. On this point, IMXI is in the process of closing its acquisition of smaller remittance player "El Nacional" which will add to its distribution reach of local agents to new areas as well as open the door for Intermex to expand into Europe as a new growth driver. Company IR A solid balance sheet and positive free cash flow generation are strong points in the company's investment profile. Intermex ended the quarter with $115 million in cash against $81 million in total debt. Considering adjusted EBITDA of 28 million during the quarter and $77 million over the past year, the leverage ratio is under 1x. Notably, the company has been active with share repurchases, buying back $10 million in Q2 with another $21 million remaining under the existing authorization. Company IR In terms of guidance, management projected some confidence that the trends can continue. For the full year, the company revenue was between $542 million to $551 million, up 19% at the midpoint. The expectation is that adjusted net income and adjusted EBITDA climb around 20% from 2021. These targets were revised higher compared to guidance back in Q1 highlighting the strength of the business. Company IR IMXI Stock Price Forecast There's a lot to like about IMXI which benefits from several underlying secular tailwinds. First, data suggests that the pandemic in 2020 accelerated the use of international remittances globally, particularly from the United States and into Latin America. 2021 was a record year for these types of flows, with every indication the trends can continue as more and more migrants and second or third-generation family members regularly use these types of services. The other important dynamic at play is the more widespread adoption of mobile devices and access to the internet, which is a key issue in some of the smaller countries of the region. Simply put, a new generation of customers are initiating digital transfers with ease and convenience, supporting more transactions. Intermex, through its brand recognition and customer loyalty, is well positioned to keep outpacing the industry and generate higher earnings, supporting a positive long-term outlook. The reason we're looking at IMXI today is a sense that the business of facilitating international cash transfers between the U.S. and Latin America may prove to be recession-proof. Our thinking here is that in a more challenging macro environment in both the U.S. and Latin America, the need for individual financial assistance is greater than ever. The remittances related to financial emergencies or recurring support of friends and family could see an uptick in a broader economic slowdown as a uniquely counter-cyclical segment of financial services. The bullish case here is simply that Intermex can maintain its growth strength with upside to earnings targets. According to consensus, the forecasts for full-year 2022 revenue and earnings, climbing near 20% from 2021 are in-line with management guidance. The market also expects continued momentum into 2023 with revenue and earnings climbing by 17%. Seeking Alpha These estimates stand out among a group of larger competitors including The Western Union Co. (WU) and MoneyGram International, Inc. (MGI) with IMXI generating stronger growth. In the last quarter, for example, WU posted a sales decline of 12% while MGI was flat. As it relates to valuation, IMXI's forward P/E of 13x is between MGI at 23x and WU at 8x. We believe IMXI deserves a higher multiple and growth premium given its more focused operating exposure to Latin America with the remittance trends in the region being driven by the transition to digital, which IMXI is capturing.Shareholder Returns
| IMXI | US Diversified Financial | US Market | |
|---|---|---|---|
| 7D | -3.5% | 1.9% | -4.1% |
| 1Y | 32.3% | -11.9% | 20.6% |
Return vs Industry: IMXI exceeded the US Diversified Financial industry which returned -10.9% over the past year.
Return vs Market: IMXI exceeded the US Market which returned 22.3% over the past year.
Price Volatility
| IMXI volatility | |
|---|---|
| IMXI Average Weekly Movement | 1.6% |
| Diversified Financial Industry Average Movement | 6.3% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: IMXI has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: IMXI's weekly volatility has decreased from 9% to 2% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1994 | 1,183 | Bob Lisy | www.intermexonline.com |
International Money Express, Inc., together with its subsidiaries, operates as an omnichannel money remittance services company in the United States, Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia. The company offers remittance services, which include a suite of ancillary financial processing solutions and payment services; and online payment options, pre-paid debit cards, and direct deposit payroll cards. It provides services through sending and paying agents and company-operated stores, as well as through online and internet-enabled mobile devices.
International Money Express, Inc. Fundamentals Summary
| IMXI fundamental statistics | |
|---|---|
| Market cap | US$451.72m |
| Earnings (TTM) | US$25.41m |
| Revenue (TTM) | US$589.28m |
17.4x
P/E Ratio0.7x
P/S RatioIs IMXI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IMXI income statement (TTM) | |
|---|---|
| Revenue | US$589.28m |
| Cost of Revenue | US$381.47m |
| Gross Profit | US$207.81m |
| Other Expenses | US$182.40m |
| Earnings | US$25.41m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.84 |
| Gross Margin | 35.27% |
| Net Profit Margin | 4.31% |
| Debt/Equity Ratio | 148.0% |
How did IMXI perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/10 14:28 |
| End of Day Share Price | 2026/06/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
International Money Express, Inc. is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Harte | BTIG |
| David Scharf | Citizens JMP Securities, LLC |
| Bradley Berning | Craig-Hallum Capital Group LLC |