Company: IMXI
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001683695-25-000063
Chunk: 12

Company: International Money Express, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 12
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31, 2024, respectively(205,677)(200,696)Total stockholders’ equity139,243 134,924 Total liabilities and stockholders’ equity$490,589 $462,377 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.4

Index

INTERNATIONAL MONEY EXPRESS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

(in thousands, except for share data, unaudited)

Three Months Ended March 31,20252024Revenues:Wire transfer and money order fees, net$120,167 $126,921 Foreign exchange gain, net20,181 20,346 Other income3,962 3,145 Total revenues144,310 150,412 Operating expenses:Service charges from agents and banks93,788 97,934 Salaries and benefits18,288 18,106 Other selling, general and administrative expenses10,989 9,953 Provision for credit losses2,066 1,595 Restructuring costs306 — Transaction costs1,169 10 Depreciation and amortization3,629 3,228 Total operating expenses130,235 130,826 Operating income14,075 19,586 Interest expense2,700 2,702 Income before income taxes11,375 16,884 Income tax provision3,606 4,778 Net income7,769 12,106 Other comprehensive income (loss)348 (145)Comprehensive income$8,117 $11,961 Earnings per common share:Basic$0.25 $0.36 Diluted$0.25 $0.35 Weighted-average common shares outstanding:Basic30,587,949 33,675,441 Diluted30,831,633 34,188,814 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.5

Index

INTERNATIONAL MONEY EXPRESS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY

(in thousands, except for share data, unaudited)

Three Months Ended March 31, 2025Common StockTreasury StockAdditionalPaid-in CapitalRetained EarningsAccumulated OtherComprehensiveLossTotalStockholders’EquitySharesAmountShares