Company: IMXI
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001683695-25-000100
Chunk: 19

Company: International Money Express, Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 19
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276,246 $138 $142,253 

Six Months Ended June 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—— — — — 26,139 — 26,139 Issuance of common stock:Exercise of stock options123,054— — — (1,123)— — (1,123)Other stock awards, net of shares withheld for taxes293,770— — — (1,042)— — (1,042)Fully vested shares911— — — — — — — Share-based compensation—— — — 4,545 — — 4,545 Adjustment from foreign currency translation, net—— — — — — (519)(519)Acquisition of treasury stock, at cost—— (1,646,127)(34,622)— — — (34,622)Balance, June 30, 202440,091,006$4 (7,496,161)$(160,186)$78,066 $224,788 $(257)$142,415 

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)

Six Months Ended June 30,20252024Cash flows from operating activities:Net income$18,776 $26,139 Adjustments to reconcile net income to net cash provided by operating activities:Depreciation and amortization8,083 6,599 Share-based compensation4,245 4,545 Provision for credit losses3,924 3,371 Debt origination costs amortization512 602 Deferred income tax benefit, net(1,377)(1,385)Non-cash lease expense3,493 3,524 Loss on disposal of property and equipment507 1,065 Total adjustments19,387 18,