Intermex Q3 net income +17% to $17.3M; initiates strategic review including potential sale

International Money Express, Inc.

2024-Q3 EPS reported $1.30 revenue$493,890,000

Revenue $171.9M (-0.3% YoY); net income $17.3M (+16.9%); diluted EPS $0.53 (+29.3%).
Adjusted diluted EPS $0.61 (+19.6%); adjusted EBITDA $33.9M (+6.9%).
Digital revenue +76% YoY; unique active customers +5% to 4.2M; transactions -0.9% to 15.2M.
Board launches strategic alternatives review, including potential sale; retains FTP Securities as advisor.
Repurchased 1.09M shares for $20.3M in Q3; Net Free Cash Generated $16.9M.

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