International Money Express reported Q1 FY2026 revenue of $121.95 million, down 15.5% year-over-year. Net income fell 93.4% to $0.51 million, with diluted EPS of $0.02 (down 92%). Operating income decreased 73.9% to $3.67 million. The company held $170.32 million in cash, $240.81 million in long-term debt, and $162.69 million in equity.
•Revenue declined 15.5% YoY to $121.95 million.
•Net income dropped 93.4% to $0.51 million; diluted EPS fell 92% to $0.02.
•Operating income decreased 73.9% to $3.67 million.
•Cash and equivalents stood at $170.32 million, with long-term debt of $240.81 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
International Money Express is an omnichannel money remittance services company in the United States, Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia.
The company offers remittance services, which include a suite of ancillary financial processing solutions and payment services online payment options, pre-paid debit cards, and direct deposit payroll cards.
It provides services through sending and paying agents and company-operated stores, as well as through online and internet-enabled mobile devices. Founded in 1994, the company is headquartered in Miami, Florida.
International Money Express, Inc. is an omnichannel money remittance services company. It provides remittance services that allow individuals to send money internationally, primarily from the United States to Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia. The company offers a suite of ancillary financial processing solutions and payment services, including online payment options, pre-paid debit cards, and direct deposit payroll cards. Services are accessible through sending and paying agents, company-operated stores, as well as online and internet-enabled mobile devices. Founded in 1994 and headquartered in Miami, Florida, the company focuses on facilitating cross-border money transfers with convenience and reliability.
Where is International Money Express (IMXI) listed and in which currency?
International Money Express, Inc. is listed on the NasdaqCM exchange under the ticker symbol IMXI. The company's financials are reported in US Dollars (USD). As a US-based company operating in the money remittance sector, its stock trades in the US market, providing investors with exposure to the cross-border payment industry. The listing on NasdaqCM indicates it meets the exchange's listing standards for small to mid-cap companies.
What sector and industry does International Money Express (IMXI) belong to?
International Money Express, Inc. operates in the Technology sector, specifically within the Software - Infrastructure industry. This classification reflects the company's focus on providing digital and technology-driven financial services, including its online remittance platform and mobile payment solutions. The Software - Infrastructure industry encompasses companies that develop software platforms and infrastructure for financial transactions, data processing, and payment systems. IMXI's omnichannel approach combines physical agent locations with digital channels, positioning it at the intersection of financial technology and traditional remittance services.
Where is International Money Express (IMXI) headquartered and what markets does it serve?
International Money Express, Inc. is headquartered in Miami, Florida, United States. The company serves a broad geographic footprint, offering money remittance services from the United States to Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia. Its network includes sending and paying agents, company-operated stores, and digital channels, enabling customers to send money to numerous countries. The strategic location in Miami, a hub for Latin American and Caribbean business, supports its focus on cross-border transfers to these regions. Founded in 1994, the company has built extensive infrastructure to facilitate reliable and efficient money transfers across multiple continents.
How does International Money Express (IMXI) generate revenue?
International Money Express generates revenue primarily through fees and exchange rate margins on money remittance transactions. The company offers a suite of ancillary financial processing solutions and payment services, including online payment options, pre-paid debit cards, and direct deposit payroll cards, which likely contribute additional fee income. Its omnichannel model allows customers to initiate transfers via agents, company-operated stores, online platforms, and mobile devices, with revenue earned on each transaction. By serving corridors from the US to Latin America, Mexico, the Caribbean, Africa, and Asia, the company capitalizes on the demand for cross-border money transfers, particularly from immigrant communities sending remittances to their home countries.