Company: IMXI
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001683695-25-000100
Chunk: 70

Company: International Money Express, Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 70
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 legal and professional fees related to the execution of restructuring plans.

(c)Represents primarily financial advisory, professional and legal fees related to evaluation of strategic alternatives and business acquisition transactions.

(d)Represents a gain contingency related to a legal settlement.

(e)Represents primarily loss on disposal of fixed assets.

(f)Represents the amortization of certain intangible assets that resulted from business and asset acquisition transactions.

(g)Represents the current and deferred tax impact of the taxable adjustments to Net Income using the Company’s blended federal and state tax rate for each period. Relevant tax-deductible adjustments include all adjustments to Net Income.

Adjusted Earnings per Share - Basic and Diluted (previously defined and used as described above) are as follows:

Adjusted Earnings per Share - Basic for the six months ended June 30, 2025 was $0.87, representing a decrease of $0.12, or 12.1%, compared to $0.99 for the six months ended June 30, 2024. The decrease in Adjusted Earnings per Share - Basic was primarily due to the decrease in Net Income, partially offset by the effect of a lower weighted average common shares total for the period due to stock repurchases as well as the higher net effect of the adjusting items detailed in the table above.

Adjusted Earnings per Share - Diluted for the six months ended June 30, 2025 was $0.86, representing a decrease of $0.11, or 11.3%, compared to $0.97 for the six months ended June 30, 2024. The decrease in Adjusted Earnings per Share - Diluted was primarily due to the 

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decrease in Net Income, partially offset by the effect of a lower weighted average common shares total for the period due to stock repurchases as well as the higher net effect of the adjusting items detailed in the table above.

The following table presents the reconciliation of Earnings per Share, our closest GAAP measure, to Adjusted Earnings per Share:

Six Months Ended June 30,20252024BasicDilutedBasicDilutedEarnings per Share$0.62 $0.62 $0.79 $0.78 Adjusted for:Share-based compensation0.14 0.14 0.14 0.14 Restructuring costs0.01 0.01 0.07 0.07 Transaction costs0.11 0.11 NM