International Money Express, Inc. — fact timeline

International Money Express, Inc. reported first quarter of 2024 results: revenue $150.4 million, net income $12.1 million, EPS $0.35 per share. Guidance reaffirmed.

“strong operating results for the first quarter of 2024. Financial performance highlights for the first quarter of 2024 compared with the same period last year are: • Revenues of $150.4 million, an increase of 3.5%; • Net income of $12.1 million, an increase of 2.9%; • Diluted EPS of $0.35 per share, an increase of 12.9%; • Adjusted Diluted EPS of $0.43 per share, an”

Justin B. Wender resigned as Director at International Money Express, Inc..

“On April 18, 2024, Justin B. Wender, a member of the board of directors (the “Board”) of International Money Express, Inc. (the “Company”), informed the Company of his intention to resign from the Board, effective June 21, 2024.”

International Money Express, Inc. entered into Share Repurchase Agreement valued at approximately $3.3 million (effective 2024-03-11).

“On March 11, 2024, International Money Express, Inc. (the “ Company ”) entered into a share repurchase agreement (the “ Share Repurchase Agreement ”) with Robert W. Lisy (the “ Stockholder ”), the Company’s Chief Executive Officer, President and Chairman of the Board of Directors (the “Board”), for the purchase of 175,000 shares of the Company’s common stock”

International Money Express, Inc. reported the fiscal quarter and year ended December 31, 2023 results: revenue $658.7 million, net income $59.5 million, EPS $1.63. Guidance raised.

“and • Net Free Cash Generated of $17.2 million, an increase of 25.9%. Financial performance highlights for the full-year 2023 compared with the prior-year are: • Revenues of $658.7 million, an increase of 20.5%; • Diluted EPS of $1.63, an increase of 10.1%; • Adjusted Diluted EPS of $1.95, an increase of 7.7%; • Adjusted EBITDA of $120.0 million, an increase of”

Ernesto Luciano resigned as General Counsel and Chief Legal Officer at International Money Express, Inc..

“On February 8, 2024, the Board of Directors of International Money Express, Inc. (the “Company”) approved an agreement with Ernesto Luciano, the General Counsel and Chief Legal Officer, under which he will resign from his positions with the Company, effective immediately.”

Karen Higgins-Carter was appointed as Director at International Money Express, Inc..

“On December 15, 2023, the Board appointed Karen Higgins-Carter to serve as a director of International Money Express, Inc. (the “Company”), effective as of December 15, 2023.”

International Money Express, Inc. entered into Share Repurchase Agreement with SPC Intermex, LP valued at approximately $13.3 million (effective 2023-12-12).

“On December 12, 2023, International Money Express, Inc. (the “ Company ”) entered into a share repurchase agreement (the “ Share Repurchase Agreement ”) with SPC Intermex, LP, a Delaware limited partnership (the “ Stockholder ”), for the purchase of 670,403 shares (the “ Shares ”) of the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”), in a privately-negotiated transaction (the “ Share Repurchase ”).”

International Money Express, Inc. entered into Share Repurchase Agreement with Latin-American Investment Holdings, Inc. valued at approximately $2 million (effective 2023-12-04).

“On December 4, 2023, International Money Express, Inc. (the “ Company ”) entered into a share repurchase agreement (the “ Share Repurchase Agreement ”) with Latin-American Investment Holdings, Inc., a Florida Profit Corporation (the “ Stockholder ”), for the purchase of 100,000 shares (the “ Shares ”) of the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”), in a privately-negotiated transaction (the “ Share Repurchase ”).”

International Money Express, Inc. reported first nine months of 2023 results: revenue $487.0 million, net income $42.0 million, EPS $1.14.

“benefited from the Company's stock repurchases. Year-to-Date Financial Results for 2023 (all comparisons are to the first nine months of 2022) Revenues increased by 24.1% to $487.0 million. Driving that growth was a 26.9% increase in net money transfer transactions. A 55.3% increase in digital transactions initiated also contributed to this growth. Principal amount”

International Money Express, Inc. reported fiscal quarter ended September 30, 2023 results: revenue $172.4 million, net income $14.8 million, EPS $0.41. Guidance initiated.

“growth areas - especially Digital, Europe, and others." Third Quarter 2023 Financial Results (all comparisons are to the Third Quarter 2022) Total revenues for the Company were $172.4 million, up 22.5%. Contributing to the revenue growth is solid core growth in the underlying business and the inclusion of La Nacional in the U.S. and i-Transfer in Europe. Contributing”

International Money Express, Inc. shareholders approved Advisory vote on the frequency of future stockholder advisory votes on executive compensation at the 2023-06-23 meeting.

“at the Company’s 2023 Annual Meeting of Stockholders held on June 23, 2023, the Company’s stockholders voted on, among other matters, a non-binding advisory proposal regarding the frequency of future stockholder advisory votes on the compensation of the Company’s named executive officers (the “Say-When-On-Pay Proposal”), and the option of “1 year” received the highest number of votes cast by stockholders with respect to such proposal.”

Randall Nilsen resigned as Executive Vice President of Intermex Retail Sales, U.S and Canada at International Money Express, Inc..

“Randall Nilsen, the Chief Revenue Officer (“CRO”) of International Money Express, Inc. (the “Company”), informed the Company of his intention to resign from his position, effective September 30, 2023.”

International Money Express, Inc. reported the fiscal quarter ended June 30, 2023 results: revenue $169.2 million, net income $15.4 million, EPS $0.42 per share. Guidance lowered.

“solid growth during the second quarter of 2023. Financial performance highlights for the second quarter of 2023 compared with the same period last year are: • Revenues of $169.2 million, up 23.5%. • Net Income of $15.4 million, down 3.5%. • Diluted EPS of $0.42 per share, up 2.4%. • Adjusted Net Income of $18.4 million, up 0.6%. • Adjusted Diluted EPS of $0.50,”

International Money Express, Inc. shareholders approved A non-binding advisory resolution regarding the frequency of the vote regarding the compensation of the Company’s named executive officers at the 2023-06-23 meeting.

“Proposal 4 – A non-binding advisory resolution regarding the frequency of the vote regarding the compensation of the Company’s named executive officers: 1 Year 2 Years 3 Years Abstained Broker Non-Votes 24,442,048 86,400 788,474 5,488 2,440,739”

International Money Express, Inc. shareholders approved Approval of a non-binding advisory resolution regarding the compensation of the Company’s named executive officers at the 2023-06-23 meeting.

“Proposal 3 – Approval of a non-binding advisory resolution regarding the compensation of the Company’s named executive officers: Votes For Votes Against Abstained Broker Non-Votes 25,118,875 194,955 8,580 2,440,739”

International Money Express, Inc. shareholders approved Ratification of the Appointment of BDO USA, LLP as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2023 at the 2023-06-23 meeting.

“Proposal 2 - Ratification of the Appointment of BDO USA, LLP as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2023: Votes For Votes Against Abstained Broker Non-Votes 27,753,123 8,279 1,747 N/A”

International Money Express, Inc. shareholders approved Election of Class II Directors at the 2023-06-23 meeting.

“Proposal 1 - Election of the Following Class II Directors: Class II Directors: Votes For Votes Withheld Broker Non-Votes Debra Bradford 13,929,740 11,392,670 2,440,739 John Rincon 15,261,098 10,061,312 2,440,739”

International Money Express, Inc. entered into Share Repurchase Agreement with SPC Intermex, LP valued at approximately $12.6 million (effective 2023-05-05).

“On May 5, 2023, International Money Express, Inc. (the “ Company ”) entered into a share repurchase agreement (the “ Share Repurchase Agreement ”) with SPC Intermex, LP”

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.

“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”

International Money Express, Inc. amended Second Amendment Agreement with KeyBank National Association valued at $70,000,000 (effective 2023-04-18).

“Effective as of April 18, 2023, International Money Express, Inc. (the “Company”) amended its credit facilities and satisfied the conditions with respect to an increase in an aggregate amount of $70,000,000 (the “Revolving Increase”) to the revolving credit commitments available under its existing Amended and Restated Credit Agreement, dated as of June 24, 2021, as amended to date, by and among the Company, certain of its subsidiaries party thereto, KeyBank National Association, as administrative agent and L/C issuer, and a group of banking institutions as lenders party thereto (the “Credit Agreement”).”

Christopher D. Hunt was appointed as acting Chief Operating Officer at International Money Express, Inc..

“appointed Mr. Christopher D. Hunt as the acting Chief Operating Officer to succeed Mr. Aguilar”

Joseph Aguilar was appointed as President and General Manager - Latin America at International Money Express, Inc..

“the Board had appointed Mr. Joseph Aguilar to a new position within the Company as the President and General Manager - Latin America”

International Money Express, Inc. reported the fiscal quarter ended September 30, 2022 results: revenue $140.8 million, net income $16.6 million, EPS $0.43 per share.

“of exceptional earnings growth as a public company. Financial performance highlights for the third quarter of 2022 compared with the same period last year are: • Revenues of $140.8 million, up 16.6%. • Net Income of $16.6 million, up 44.5%. • Diluted EPS of $0.43 per share, up 48.3%. • Adjusted Net Income of $20.7 million, up 32.3%. • Adjusted Diluted EPS of $0.54”

Debra A. Bradford was appointed as Director at International Money Express, Inc..

“On January 6, 2022, the Board appointed Bernardo “Bernie” B. Fernandez, Jr. and Debra A. Bradford to serve as directors of the Company to fill vacancies on the Board, effective as of January 7, 2022.”

Bernardo B. Fernandez, Jr. was appointed as Director at International Money Express, Inc..

“On January 6, 2022, the Board appointed Bernardo “Bernie” B. Fernandez, Jr. and Debra A. Bradford to serve as directors of the Company to fill vacancies on the Board, effective as of January 7, 2022.”

Christopher Lofgren resigned as Director at International Money Express, Inc..

“On January 7, 2022, International Money Express, Inc. (the “Company”) announced that Messrs. Kurt Holstein and Christopher Lofgren resigned from the Company’s Board of Directors (the “Board”), effective as of January 6, 2022.”

Kurt Holstein resigned as Director at International Money Express, Inc..

“On January 7, 2022, International Money Express, Inc. (the “Company”) announced that Messrs. Kurt Holstein and Christopher Lofgren resigned from the Company’s Board of Directors (the “Board”), effective as of January 6, 2022.”