International Money Express Inc
🔔 Watch stock
Assessment
Our Rating
A journalistic assessment by our editorial team at the time of the deep dive — it rates the company, not the entry point. Not investment advice and not a solicitation to buy or sell.
The business works in principle, but one material question is open. As long as it stays open, our findings do not carry a quality verdict.
Why this colour
Yellow, because a material operating question remains open: revenue fell 18.6 percent and transaction volume fell 12.0 percent in the second quarter of 2026 — and even earnings adjusted for one-time items fell 52.9 percent per share. Per the company's own filing this is mostly a demand question (LAC corridor contraction, U.S. immigration policy), not a balance-sheet question — cash sits at $150.6 million and exceeds outstanding debt (cut by roughly 42 percent within six months) by roughly $36.8 million, and equity is positive. Whether the LAC corridor recovers or stays structurally smaller can't be answered confidently from two quarters alone — that alone rules out both green and red. The pending $16.00 acquisition by Western Union doesn't change this rating: it's a price argument, not a quality argument, and its outcome (California suspended an already-granted approval on 2026-08-13, with an outside date of 2026-11-10) remains open as of this analysis. The decision is yours.
What the thesis turns on
Assessment: Opportunities & Risks
Intermex is financially solid (outstanding debt cut by roughly 42 percent within six months, cash exceeds it by roughly $36.8 million, positive equity) but under real operating pressure: revenue and adjusted earnings per share both fell by double digits in the second quarter of 2026, per the company's own filing driven by shrinking demand in the LAC corridor. The $16.00 merger agreement with Western Union is legally binding but not yet completed: New York has approved, California suspended an approval it had already granted, and the contractual outside date is November 10, 2026. Not investment advice.
Contractual deal price
A legally binding merger agreement locks in $16.00 per share in cash; antitrust clearance (2025-10-06) and shareholder approval (2025-12-09) have been in hand for months, and the asymmetric break fee ($27.3M vs. $19.8M) favors Intermex shareholders.
Regulatory status
New York resolved its concerns on 2026-08-13 in exchange for Western Union's own three-year commitments — the same day, California's DFPI suspended an approval extension it had already granted, with no reinstatement date given. That leaves the 2026-11-10 contractual outside date approaching without the final approval step settled.
Core operating business
Revenue fell 18.6 percent and transaction volume fell 12.0 percent in the second quarter of 2026 — per the filing, driven by contraction in the LAC corridor and U.S. immigration enforcement actions. First-half 2026 revenue was down 17.1 percent year over year.
Adjusted metrics
Even adjusted for share-based compensation, deal-advisory costs and amortization, earnings per share fell 52.9 percent to $0.24 in the second quarter of 2026 — actual one-time items of $0.7 million explain only a small part of that. The decline is mostly operational.
Balance sheet & liquidity
As of 2026-06-30, the company held $150.6 million in cash against $113.8 million in outstanding debt (cut from $194.8 million within six months) — a net cash surplus of roughly $36.8 million — with positive stockholders' equity of $169.6 million: no solvency or existential question.
Digital side business
Digital RaaS partnerships grew roughly 178 percent in transactions in the second quarter of 2026 — a fast-growing but still small counterweight to the shrinking retail network.
Worth Noting
Trigger for this analysis: the Form 10-Q for the quarter ended June 30, 2026, filed August 10, 2026, and Western Union's SEC filing of August 14, 2026 on the New York settlement and California suspension.
Data as of: annual and quarterly figures come from the fiscal 2025 Form 10-K (filed March 6, 2026) and the Form 10-Q for the period ended June 30, 2026. Price, market-cap and valuation figures are as of August 26-27, 2026.
Disclosed data gap: public earnings-call transcripts for Intermex were unavailable through the data source used for any of the last twelve quarters (0 of 12 candidates delivered) — they are therefore deliberately not part of this analysis.
Stock Watch
This analysis is as of August 27, 2026. Stock Watch will tell you what's changed at IMXI since then.
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Price history
Chart
Interactive price chart (TradingView).
52-week range: 11.40 $ to 15.90 $ · Last price: 12.60 $ (As of: September 17, 2026)
Key figures
Key figures at a glance
Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 09/18/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
This stock currently pays no dividend.
Quality & Screener
Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.
Comparison
Industry comparison
The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.
Industry: Software - Infrastructure
| Company | Market cap ($B) | P/E | EV/EBITDA | Gross Margin % | EBIT Margin % | Sales Growth (Year) % | Perf. 1Y % |
|---|---|---|---|---|---|---|---|
| International Money Express Inc IMXI | 0.4 | 15.0 | 7.3 | 34.3 | – | -7.7 | -12.9 |
| Microsoft Corporation MSFT | 3,632.6 | 30.8 | 17.6 | 67.9 | 46.3 | 14.9 | -1.6 |
| Oracle Corporation ORCL | 435.3 | 24.7 | 14.8 | 64.0 | 36.2 | 17.4 | -49.5 |
| Palantir Technologies Inc. PLTR | 432.5 | 199.0 | 147.5 | 84.8 | 46.2 | 56.2 | 4.7 |
| Palo Alto Networks Inc PANW | 305.7 | 302.6 | 194.0 | 70.4 | -2.5 | 14.9 | 84.7 |
| Crowdstrike Holdings Inc CRWD | 248.2 | – | 490.1 | 75.2 | -2.2 | 21.7 | 120.6 |
| Fortinet Inc FTNT | 124.2 | 61.8 | 39.6 | 80.2 | 31.3 | 14.2 | 115.0 |
| Cloudflare Inc NET | 115.1 | – | 2,805.8 | 72.6 | -9.7 | 29.9 | 56.1 |
| Synopsys Inc SNPS | 73.0 | 77.0 | 22.3 | 82.9 | 10.4 | 15.1 | -10.4 |
| Median of companies shown | 248.2 | 61.8 | 39.6 | 72.6 | 20.8 | 15.1 | 4.7 |
Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →
Fiscal years
Annual Figures
Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.
Revenue, operating income and net income per fiscal year $M
Revenue Operating income Net income
| Fiscal Year | Revenue ($M) | EBIT ($M) | Net Income ($M) | EPS ($) | Operating Cash Flow ($M) | Equity ($M) | Total Assets ($M) |
|---|---|---|---|---|---|---|---|
| 2016 | 165 | 23 | 9 | 0.26 | 22 | 3 | 119 |
| 2017 | 201 | 2 | -10 | -0.28 | 7 | 36 | 216 |
| 2018 | 274 | 13 | -7 | -0.28 | 20 | 44 | 226 |
| 2019 | 320 | 36 | 20 | 0.52 | 53 | 56 | 227 |
| 2020 | 357 | 53 | 34 | 0.88 | -1 | 94 | 259 |
| 2021 | 459 | 68 | 47 | 1.20 | 78 | 143 | 341 |
| 2022 | 547 | 83 | 57 | 1.48 | 15 | 150 | 512 |
| 2023 | 659 | 95 | 60 | 1.63 | 144 | 149 | 577 |
| 2024 | 659 | 95 | 59 | 1.79 | 53 | 135 | 462 |
| 2025 | 608 | 68 | 33 | 1.08 | 37 | 161 | 518 |
Quarters
Quarterly Figures
Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
Click the chart or tab into it, then use ← and → to step through the periods.
None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.
· Total · per year
These companies report in different currencies — switch on “Indexed” or pick a margin for a fair comparison.
The figures could not be loaded right now.
Source: fundamental data
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | 0.49 | -0.80 | 165 | -4.10 | 9.30 | -5 | -9 |
| 2025: Q1 | 0.25 | -28.80 | 144 | -4.10 | 5.40 | 41 | 36 |
| 2025: Q2 | 0.37 | -13.20 | 161 | -6.10 | 6.80 | 40 | 35 |
| 2025: Q3 | 0.17 | -68.50 | 155 | -9.90 | 3.20 | -29 | -36 |
| 2025: Q4 | 0.30 | -39.60 | 147 | -10.60 | 14.80 | -16 | -20 |
| 2026: Q1 | 0.02 | -93.30 | 122 | -15.50 | 0.40 | -37 | -43 |
| 2026: Q2 | 0.14 | -62.20 | 131 | -18.60 | 3.20 | 113 | 107 |
What Do These Terms Mean?
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Screening
Appears in These Scanners
This stock currently matches 5 of our scanner strategies — each hit links to the scanner.
Quality & Balance Sheet
Momentum & Trend
Research
Risk & Weakness
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. Scanners marked in red are red-flag signals (risk/short scanners) — appearing there is not a seal of approval. View all scanners
Outlook
Analysts & Price Target
Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.
Distribution of Recommendations
Estimates by Fiscal Year
| Fiscal Year | EPS Estimate ($) | EPS Range ($) | Revenue Estimate ($M) | Expected Growth | Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 0.83 | 0.78 – 0.89 | 513 | -50.2% | 3 |
| 12/31/2027 | 1.02 | 0.89 – 1.16 | 512 | 23.8% | 2 |
Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.
Valuation
What is priced in?
Instead of guessing what the stock is worth, we turn the question around: what free cash flow growth has to happen for today’s market value to add up? The assumptions behind it can be moved.
Today’s market value implies roughly 18.0% growth in free cash flow per year over ten years (assumptions: discount rate 10.0%, terminal growth 2.5%).
| Free cash flow (last twelve months) | $8.8M |
|---|---|
| Market cap | $377.0M |
| Free cash flow in year ten | $46.3M |
| Terminal value as a share of market value | 64.8% |
It shows which assumption is built into today’s price, not whether that assumption will hold. Every assumption can be changed with the sliders; the figures move with them.
A simplified model calculation — not a forecast and not a recommendation.
AI classification
AI Rating
Beide Geschäftsberichte (10-K 2024 und 2025) erwähnen künstliche Intelligenz nur einmal, generisch als Regulierungsthema im Datenschutz-Risikofaktor — keine eigene KI-Nutzung, kein KI-Produkt, keine belegte Bedrohung des Geschäftsmodells durch KI.
View the full file — quotes, sources, reviewed filings
Filings Reviewed: 10-K 2026-03-06 · 10-K 2025-02-27 · 10-Q 2026-08-10
Rated on August 27, 2026 · How the Rating Is Built
Growth
Growth Score
Ten checks against the annual reports — each one passed counts a point.
- Revenue grows by more than 15% a year over three years 3.6%
- More than 10% revenue growth is expected for the coming year 13.5%
- Share count grows by less than 3% a year -7.9%
- Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") -5.1%
- Gross margin at 40% or higher and without meaningful erosion 36.0%
- Goodwill from acquisitions does not grow faster than revenue 10.4%
- Net debt below twice EBITDA 0.6 x EBITDA
- Operating cash flow covers the profits of the last three years 82 m
- Return on capital at 15% or higher, or up versus two years ago 18.1%
- Insiders hold at least 10% or are net buyers 9.4%
A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail
Quality check
AAQS
6/10The AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).
- Sales growth 10Y > 5% 15.6%
- Exp. sales growth 3Y > 5% -8.3%
- EBIT growth 10Y > 5% 12.8%
- Exp. EBIT growth 3Y > 5% -2.8%
- Net debt < 4x EBIT 0.7x
- EBIT positive, 10Y straight 10
- Max. EBIT decline < 50% 92.1%
- Return on equity > 15% 40.0%
- ROCE > 15% 18.1%
- Expected return > 10% 1.3%
View stocks with the full AAQS score · Read the methodology at AlleAktien
Source: fundamental data
Insiders
Insider Transactions
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character.
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Jul 16, 2026 | Godfrey Adam P | Director | Other | 10,862 | 13.81 | 150,004 |
| Jul 16, 2026 | Higgins-Carter Karen | Director | Other | 10,862 | 13.81 | 150,004 |
| Jul 16, 2026 | Maydon Laura I | Director | Other | 10,862 | 13.81 | 150,004 |
| Jul 16, 2026 | Fernandez Bernardo B. Jr. | Director | Other | 10,862 | 13.81 | 150,004 |
| Jul 16, 2026 | Bradford Debra A | Director | Other | 10,862 | 13.81 | 150,004 |
| Jul 16, 2026 | Purcell Michael J. | Director | Other | 10,862 | 13.81 | 150,004 |
| Jul 16, 2026 | Rincon John | Director | Other | 10,862 | 13.81 | 150,004 |
The company
About the Company
International Money Express, Inc. ist zusammen mit seinen Tochtergesellschaften ein Omnichannel-Geldüberweisungsunternehmen in den USA, Lateinamerika, Mexiko, Mittel- und Südamerika, der Karibik, Afrika und Asien.
- Employees
- 1,096
- Headquarters
- Miami, FL
- Address
- 9100 South Dadeland Blvd, 33156 Miami, United States
- Phone
- 305 671 8000
- Website
- intermexonline.com
- IPO Date
- 03/27/2017
- ISIN
- US46005L1017
Management
| Name | Title | Birth Year |
|---|---|---|
| Robert Lisy | Chairman, President & CEO | 1958 |
| Andras Q. Bende | Chief Financial Officer | 1975 |
| Christopher Hunt | Chief Operating Officer & Corporate Secretary | 1976 |
| Joseph Aguilar | President & GM of Latin America | 1962 |
| Alex Sadowski | Investor Relations Officer | – |
| Chris Kawula | Executive VP & Head of Sales | – |
| Marcelo Theodoro | Chief Product, Marketing & Digital Officer | – |
| Andrew Kugbei | Chief Operating Officer of US Retail | – |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.