Company: IMXI
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-051013
Chunk: 118

Company: International Money Express, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 118
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0252024Revenues:Wire transfer and money order fees, net$127,795 $144,600 $380,932 $417,358 Foreign exchange gain, net22,278 23,954 66,140 67,100 Other income4,848 3,393 13,292 9,432 Total revenues154,921 171,947 460,364 493,890 Operating expenses:Service charges from agents and banks98,636 111,348 294,681 322,651 Salaries and benefits19,701 17,238 56,514 52,237 Other selling, general and administrative expenses14,132 10,412 37,475 30,846 Provision for credit losses2,154 1,665 6,078 5,036 Restructuring costs— 27 306 2,738 Transaction costs5,353 50 8,746 86 Depreciation and amortization4,410 3,382 12,493 9,981 Total operating expenses144,386 144,122 416,293 423,575 Operating income10,535 27,825 44,071 70,315 Interest expense2,981 3,200 8,774 8,997 Income before income taxes7,554 24,625 35,297 61,318 Income tax provision2,591 7,328 11,558 17,882 Net income$4,963 $17,297 $23,739 $43,436 Earnings per common share:Basic$0.17 $0.53 $0.79 $1.32 Diluted$0.17 $0.53 $0.79 $1.30 

Three Months Ended September 30, 2025 Compared to Three Months Ended September 30, 2024

Revenues

Revenues for the above periods are presented below:

($ in thousands)Three Months Ended September 30, 2025% ofRevenuesThree Months Ended September 30, 2024% ofRevenuesRevenues:Wire transfer and money order fees, net$127,795 83 %$144,600 84 %Foreign exchange gain, net22,278 14 %23,954 14 %Other