The earnings call presented a mixed picture with strong digital growth and profitability but facing macroeconomic challenges and competitive pressures, particularly in retail. The company is making strategic investments to bolster digital capabilities and market positioning.
Company Guidance
During the International Money Express Inc. Fourth Quarter 2024 Earnings Conference Call, the company provided guidance for 2025, projecting full-year revenue between $657.5 million and $677.5 million. The guidance also included estimates for fully diluted GAAP EPS ranging from $1.76 to $1.91, and adjusted diluted EPS between $2.09 and $2.26. Adjusted EBITDA was forecasted to be between $113.8 million and $117.3 million. For the first quarter specifically, the company projected revenue between $145.5 million and $149.9 million, with fully diluted GAAP EPS expected to be between $0.32 and $0.34, and adjusted diluted EPS ranging from $0.40 to $0.43. Adjusted EBITDA for the first quarter was anticipated to be between $23.3 million and $24 million. The guidance did not account for potential transaction costs related to a now-suspended strategic alternatives review process. The company's strategic focus includes driving accelerated digital growth while maintaining a strong and profitable retail presence to capitalize on the significant digital remittance market opportunity.
Strong Digital Revenue Growth
Digital transactions surged 71.7% year-over-year, with digital revenue up 48.3% in Q4 and totaling $20.6 million for the full year.
Record Adjusted Diluted EPS
The company set a fourth quarter record for adjusted diluted EPS of $0.57, up 1.8% year-over-year.
Successful M&A Activity
The acquisition of La Nacional doubled its EBITDA, and the acquisition of Amigo Paisano is expected to enhance digital growth and unit economics.
Retail Business Resilience
Despite macroeconomic challenges, the retail segment remains profitable, contributing significantly to cash generation.
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International Money Express (IMXI) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IMXI Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 26, 2025
$18.32
$15.26
-16.70%
Nov 08, 2024
$18.50
$20.70
+11.89%
Aug 07, 2024
$21.92
$17.50
-20.16%
May 08, 2024
$19.59
$20.02
+2.19%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does International Money Express Inc (IMXI) report earnings?
International Money Express Inc (IMXI) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is International Money Express Inc (IMXI) earnings time?
International Money Express Inc (IMXI) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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