Company: IMXI
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001683695-25-000030
Chunk: 107

Company: International Money Express, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 107
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,298 1,660 Payments for stock-based awards(2,468)(3,934)(5,443)Repurchases of common stock(75,132)(66,264)(53,734)Net cash (used in) provided by financing activities(114,204)(37,120)14,058 Effect of exchange rate changes on cash and cash equivalents(3,635)1,585 316 Net (decrease) increase in cash and cash equivalents(108,700)89,710 17,019 Cash and cash equivalents, beginning of the year239,203 149,493 132,474 Cash and cash equivalents, end of the year$130,503 $239,203 $149,493 

The accompanying notes are an integral part of these consolidated financial statements.F-6

IndexINTERNATIONAL MONEY EXPRESS, INC.CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)(in thousands)

Year Ended December 31,202420232022Supplemental disclosure of cash flow information:Cash paid for interest$10,430 $9,180 $4,625 Cash paid for income taxes$24,591 $21,503 $24,265 Supplemental disclosure of non-cash investing activities:Liabilities arising from obtaining right-of-use assets$2,413 $6,034 $23,013 Right-of-use asset adjustments due to lease modifications$— $— $1,124   Contingent consideration liability$— $600 $1,321   Settlement of preexisting receivable balance from LAN Holdings against the consideration transferred $— $2,534 $— Supplemental disclosure of non-cash financing activities:Issuance of common stock for cashless exercise of options$4,359 $— $9,175 

The accompanying notes are an integral part of these consolidated financial statements.F-7

INTERNATIONAL MONEY EXPRESS, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 – BASIS OF PRESENTATION AND BUSINESS

International Money Express, Inc. (the “Company” or “us” or “we”) operates as a money transmitter between the United States of America (“United States” or “U.S.”), Canada, Spain, Italy, the United Kingdom and Germany primarily to Mexico, Guatemala and other countries in Latin America, Europe, Africa and Asia through a network