Company: IMXI
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001683695-25-000100
Chunk: 20

Company: International Money Express, Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 20
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321 Changes in operating assets and liabilities:Accounts receivable(39,298)(47,779)Prepaid wires, net27,229 8,914 Prepaid expenses and other assets9 4,994 Wire transfers and money orders payable, net57,504 26,635 Lease liabilities(4,119)(2,699)Accounts payable and accrued and other liabilities1,696 (5,859)Net cash provided by operating activities81,184 28,666 Cash flows from investing activities:Purchases of property and equipment(9,845)(20,150)Acquisition of agent locations(188)— Net cash used in investing activities(10,033)(20,150)Cash flows from financing activities:Repayments of term loan facility— (3,281)Borrowings under revolving credit facility4,035,000 26,000 Repayments under revolving credit facility(4,047,486)— Repayments of other debt(5)— Proceeds from exercise of stock options— (1,123)Payments for stock-based awards(942)(1,040)Repurchases of common stock(16,334)(34,622)Net cash used in financing activities(29,767)(14,066)Effect of exchange rate changes on cash and cash equivalents2,836 (444)Net increase (decrease) in cash and cash equivalents44,220 (5,994)Cash and cash equivalents, beginning of period130,503 239,203 Cash and cash equivalents, end of period$174,723 $233,209 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.8

INTERNATIONAL MONEY EXPRESS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)

(in thousands, unaudited)

Six Months Ended June 30,20252024Supplemental disclosure of cash flow information:Cash paid for interest$5,284 $5,182 Cash paid for income taxes$11,998 $18,524 Supplemental disclosure of non-cash investing activities:Lease liabilities arising from obtaining right-of-use assets$660 $112 Settlement of receivables from agent acquisitions$1,634 $— Accrued liabilities related to agent acquisitions$493 $— Supplemental disclosure of non-cash financing activities:Issuance of common stock for cashless