Intermex Reports Mixed First-Quarter 2025 Results

International Money Express ( (IMXI) ) has released its Q1 earnings. Here is a breakdown of the information International Money Express presented to its investors.

International Money Express, Inc. (Intermex) is a leading provider of global omnichannel money transfer services, primarily focusing on transactions to Latin America and the Caribbean. Headquartered in Miami, Florida, the company operates through a network of agent retailers, company-operated stores, mobile apps, and websites across several countries.

Intermex reported its first-quarter financial results for 2025, highlighting solid volume growth despite a challenging economic and political environment. The company achieved revenues of $144.3 million and a net income of $7.8 million, with a diluted earnings per share of $0.25. The results reflect a strategic focus on digital channels, which helped offset a decline in service fees from fewer transactions.

Key financial metrics showed a mixed performance compared to the previous year. While the total revenue decreased by 4.1% due to changes in consumer behavior, the total principal amount transferred increased by 3.7% to $5.6 billion. Adjusted EBITDA stood at $21.6 million, a decrease of 15%, influenced by lower transaction volumes and higher transaction amounts. The company also repurchased 367,873 shares of its common stock, reflecting a strategic move to enhance shareholder value.

Looking ahead, Intermex is revising its full-year guidance, projecting revenues between $634.9 million and $654.2 million, with adjusted diluted EPS ranging from $1.86 to $2.02. The company remains committed to expanding its digital business offerings to drive future growth and profitability, despite current market uncertainties and consumer behavior volatility.