Intermex Q1 revenue up 26.8% to $145.4M; reiterates FY2023 guidance

International Money Express, Inc.

2023-Q1 EPS reported $0.31 revenue$145,364,000

Revenue $145.4M (+26.8% YoY); net income $11.8M (+0.9%); diluted EPS $0.31 (+3.3%).
Adjusted EBITDA $24.1M (+16.4%); adjusted EPS $0.38 (+11.8%); digital transactions up 67.7%.
Unique active customers 3.6M (+37.4%); principal transferred $5.3B (+22.4%); 21.2% market share in top 5 corridors.
Reiterates FY2023 guidance: revenue $667-688.5M, net income $66.5-69M, adjusted EBITDA $120-124.5M.
Repurchased ~316k shares for $7.6M in Q1; ended with $85.5M cash; Q2 guidance: revenue $168.6-174.1M.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

International Money Express, Inc. reported the fiscal quarter ended March 31, 2023 results: revenue Revenues of $145.4 million, net income Net Income of $11.8 million, EPS Diluted EPS of $0.31 per share. Guidance reaffirmed.

Period: the fiscal quarter ended March 31, 2023
Revenue: Revenues of $145.4 million
Net income: Net Income of $11.8 million
EPS: Diluted EPS of $0.31 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

strong growth during the first quarter of 2023. Financial performance highlights for the first quarter of 2023 compared with the same period last year are: ● Revenues of $145.4 million, up 26.8%. ● Net Income of $11.8 million, up 0.9%. ● Diluted EPS of $0.31 per share, up 3.3%. ● Adjusted EBITDA of $24.1 million, up 16.4%. “Intermex continued its sustained

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Source: SEC EDGAR

accession 0001140361-23-022821

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