Company: IMXI
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-051013
Chunk: 16

Company: International Money Express, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 16
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85,527 $281,209 $(22)$149,688 

Nine Months Ended September 30, 2024Common StockTreasury StockAdditionalPaid-in CapitalRetained EarningsAccumulated OtherComprehensive Income (Loss)TotalStockholders’EquitySharesAmountSharesAmountBalance, December 31, 202339,673,271$4 (5,850,034)$(125,564)$75,686 $198,649 $262 $149,037 Net income—— — — — 43,436 — 43,436 Issuance of common stock:Exercise of stock options, net of shares withheld for taxes149,654— — — (823)— — (823)Other stock awards, net of shares withheld for taxes312,085— — — (1,137)— — (1,137)Fully vested shares911— — — — — — — Share-based compensation—— — — 6,857 — — 6,857 Adjustment from foreign currency translation, net—— — — — — (585)(585)Acquisition of treasury stock, at cost—— (2,739,499)(54,940)— — — (54,940)Balance, September 30, 202440,135,921$4 (8,589,533)$(180,504)$80,583 $242,085 $(323)$141,845 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.7

INTERNATIONAL MONEY EXPRESS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands, unaudited)

Nine Months Ended September 30,20252024Cash flows from operating activities:Net income$23,739 $43,436 Adjustments to reconcile net income to net cash provided by operating activities:Depreciation and amortization12,493 9,981 Share-based compensation7,004 6,857 Provision for credit losses6,078 5,036 Debt origination costs amortization770 888 Loss on debt extinguishment— 272 Deferred income tax provision (benefit), net368 (1,110)Non-cash lease expense5,220 5,265 Loss on disposal of