International Money Express(NASDAQ) IMXI

Intermex helps people send money to family and friends in other countries. It mostly serves people from Latin America living in the United States. Users can send cash through local stores or a mobile app.

Sending Money Across Borders

• Money Remittance: Movement of funds on behalf of consumers for receipt by beneficiaries through a global agent network.
• Digital Channels: Web and mobile applications enabling consumers to send money 24 hours a day using cards.
• Ancillary Services: Suite of financial solutions including online bill payments, pre-paid debit cards, and payroll cards.
• Remittance-as-a-Service: Partnerships where other businesses pay fees to use the company’s software and licenses for transfers.

Big Moves and Global Mergers

• Entered an agreement on August 10, 2025, to be acquired by The Western Union Company for $16 per share.
• Received stockholder approval for the merger with Western Union on December 9, 2025.
• Expanded money transfer services from the United States to reach beneficiaries in Africa and Asia.
• Grew the European network to include sending operations in Spain, Italy, and Germany.

Why the Network Works

The company uses proprietary software to manage real-time compliance and fraud checks for 100,000 agents. Its network reaches more than 60 countries across Latin America, Africa, Asia, and Europe.

Tracking the Numbers

• Revenue was $60.3 million in Q4 2025, down 63.4% from the previous year.
• Net income reached $8.9 million in Q4 2025, down 41.9% year-over-year.
• Free cash flow hit negative $20 million in Q4 2025, worsening by 126.6% from 2024.
• Total principal sent reached $23.8 billion for the full year of 2025.
• The agent network grew by 5.4% during the 2025 fiscal year.

A New Chapter Ahead

Intermex has evolved into a leading omnichannel provider for the Latin American corridor. Its upcoming merger with Western Union represents a major shift in its corporate history.