International Money Express Inc (OQ:IMXI)

Sector:  Industrials Industry:  Business Support Services
See Regulatory Filings on SEC
Company Contact
Address: 9480 S Dixie Hwy
MIAMI FL 33156-2934
Tel: N/A
Website: N/A
Key People
Robert Lisy
Chairman of the Board, President, Chief Executive Officer
Tony Lauro
Chief Financial Officer
Joseph Aguilar
Chief Operating Officer
Jose Perez-Villarreal
Chief Administrative and Compliance Officer, Secretary
Max Leiva
Chief Information Officer
Eduardo Azcarate
Chief Business Development Officer
Randy Nilsen
Chief Sales Officer
Business Overview
International Money Express, Inc. is a money remittance services company. The Company's has one reportable segment that provides money transmittal services. The Company's remittance services include ancillary financial processing solutions and payment services. The Company offers wire transfer, money order, and cash checking services. It uses a proprietary financial technology that enables consumers to send money from the United States, Latin America and the Caribbean, including Mexico and Guatemala. The Company's services are accessible in person through its 85,000 sending and paying agents and stores, as well as online and via Internet-enabled mobile devices.
Financial Overview
For the three months ended 31 March 2020, International Money Express Inc revenues increased 13% to $77.3M. Net income increased 80% to $5.7M. Revenues reflect Wire transfer and money order fees increase of 15% to $67.1M, Foreign exchange increase of 2% to $9.6M, Other income increase of 21% to $602K. Net income benefited from Depreciation and amortization decrease of 15% to $2.7M (expense), Other selling.
Employees: 247 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $462.70M as of Mar 31, 2020
Annual revenue (TTM): $328.50M as of Mar 31, 2020
EBITDA (TTM): $52.00M as of Mar 31, 2020
Net annual income (TTM): $22.14M as of Mar 31, 2020
Free cash flow (TTM): $35.92M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 38,034,711 as of May 5, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization