Annual Income Statements for International Money Express
This table shows International Money Express' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for International Money Express
This table shows International Money Express' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Income / (Loss) Attributable to Common Shareholders |
|
17 |
13 |
12 |
15 |
15 |
17 |
12 |
14 |
17 |
15 |
Consolidated Net Income / (Loss) |
|
17 |
13 |
12 |
15 |
15 |
17 |
12 |
14 |
17 |
15 |
Net Income / (Loss) Continuing Operations |
|
17 |
13 |
12 |
15 |
15 |
17 |
12 |
14 |
17 |
15 |
Total Pre-Tax Income |
|
19 |
20 |
17 |
22 |
21 |
25 |
17 |
20 |
25 |
22 |
Total Revenue |
|
-1.47 |
299 |
-2.19 |
-2.65 |
172 |
-178 |
148 |
-3.10 |
-3.20 |
-153 |
Net Interest Income / (Expense) |
|
-1.47 |
3.53 |
-2.19 |
-2.65 |
0.00 |
-5.58 |
-2.70 |
-3.10 |
-3.20 |
-2.75 |
Total Interest Expense |
|
1.47 |
-3.53 |
2.19 |
2.65 |
0.00 |
5.58 |
2.70 |
3.10 |
3.20 |
2.75 |
Long-Term Debt Interest Expense |
|
1.47 |
- |
2.19 |
2.65 |
- |
- |
2.70 |
3.10 |
3.20 |
2.75 |
Total Non-Interest Income |
|
0.00 |
295 |
0.00 |
0.00 |
172 |
-172 |
150 |
0.00 |
0.00 |
-150 |
Total Non-Interest Expense |
|
-21 |
279 |
-19 |
-25 |
151 |
-203 |
131 |
-23 |
-28 |
-175 |
Salaries and Employee Benefits |
|
14 |
15 |
16 |
18 |
18 |
19 |
18 |
17 |
17 |
16 |
Other Operating Expenses |
|
104 |
112 |
107 |
124 |
126 |
122 |
109 |
126 |
123 |
118 |
Depreciation Expense |
|
2.28 |
2.76 |
2.90 |
3.14 |
3.47 |
3.36 |
3.23 |
3.37 |
3.38 |
3.66 |
Income Tax Expense |
|
2.65 |
6.68 |
4.89 |
6.67 |
6.62 |
7.38 |
4.78 |
5.78 |
7.33 |
6.57 |
Basic Earnings per Share |
|
$0.44 |
$0.36 |
$0.32 |
$0.43 |
$0.42 |
$0.50 |
$0.36 |
$0.43 |
$0.53 |
$0.49 |
Weighted Average Basic Shares Outstanding |
|
37.39M |
37.73M |
36.48M |
36.00M |
35.32M |
35.60M |
33.68M |
32.70M |
32.37M |
32.43M |
Diluted Earnings per Share |
|
$0.43 |
$0.34 |
$0.31 |
$0.42 |
$0.41 |
$0.49 |
$0.35 |
$0.42 |
$0.53 |
$0.49 |
Weighted Average Diluted Shares Outstanding |
|
38.43M |
38.63M |
37.36M |
36.87M |
36.08M |
36.43M |
34.19M |
33.09M |
32.73M |
32.85M |
Weighted Average Basic & Diluted Shares Outstanding |
|
37.06M |
36.44M |
36.42M |
35.42M |
34.87M |
33.73M |
32.64M |
32.61M |
31.10M |
30.65M |
Annual Cash Flow Statements for International Money Express
This table details how cash moves in and out of International Money Express' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
17 |
90 |
-109 |
Net Cash From Operating Activities |
15 |
144 |
53 |
Net Cash From Continuing Operating Activities |
15 |
144 |
53 |
Net Income / (Loss) Continuing Operations |
57 |
60 |
59 |
Consolidated Net Income / (Loss) |
57 |
60 |
59 |
Provision For Loan Losses |
2.57 |
5.00 |
6.41 |
Depreciation Expense |
9.47 |
13 |
14 |
Amortization Expense |
1.00 |
1.13 |
1.42 |
Non-Cash Adjustments to Reconcile Net Income |
11 |
14 |
15 |
Changes in Operating Assets and Liabilities, net |
-66 |
51 |
-42 |
Net Cash From Investing Activities |
-13 |
-18 |
-44 |
Net Cash From Continuing Investing Activities |
-13 |
-18 |
-44 |
Purchase of Property, Leasehold Improvements and Equipment |
-12 |
-13 |
-30 |
Acquisitions |
0.00 |
0.00 |
-12 |
Purchase of Investment Securities |
-0.13 |
-5.48 |
-1.25 |
Other Investing Activities, net |
-0.23 |
0.00 |
-0.70 |
Net Cash From Financing Activities |
14 |
-37 |
-114 |
Net Cash From Continuing Financing Activities |
14 |
-37 |
-114 |
Issuance of Debt |
76 |
38 |
3,019 |
Repayment of Debt |
-4.43 |
-6.22 |
-3,055 |
Repurchase of Common Equity |
-54 |
-66 |
-75 |
Other Financing Activities, Net |
-3.78 |
-2.64 |
-3.14 |
Effect of Exchange Rate Changes |
0.32 |
1.59 |
-3.64 |
Cash Interest Paid |
4.63 |
9.18 |
10 |
Cash Income Taxes Paid |
24 |
22 |
25 |
Quarterly Cash Flow Statements for International Money Express
This table details how cash moves in and out of International Money Express' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Change in Cash & Equivalents |
|
-9.55 |
44 |
-64 |
62 |
75 |
17 |
-20 |
14 |
-77 |
-26 |
Net Cash From Operating Activities |
|
-14 |
25 |
1.16 |
-1.15 |
82 |
61 |
48 |
-20 |
29 |
-4.88 |
Net Cash From Continuing Operating Activities |
|
-14 |
25 |
1.16 |
-1.15 |
82 |
61 |
48 |
-20 |
29 |
-4.88 |
Net Income / (Loss) Continuing Operations |
|
17 |
13 |
12 |
15 |
15 |
17 |
12 |
14 |
17 |
15 |
Consolidated Net Income / (Loss) |
|
17 |
13 |
12 |
15 |
15 |
17 |
12 |
14 |
17 |
15 |
Provision For Loan Losses |
|
0.52 |
0.55 |
0.79 |
1.16 |
1.83 |
1.23 |
1.60 |
1.78 |
1.67 |
1.38 |
Depreciation Expense |
|
2.28 |
2.76 |
2.90 |
3.14 |
3.47 |
3.36 |
3.23 |
3.37 |
3.38 |
3.66 |
Amortization Expense |
|
0.25 |
0.25 |
0.25 |
0.28 |
0.30 |
0.30 |
0.30 |
0.30 |
0.29 |
0.53 |
Non-Cash Adjustments to Reconcile Net Income |
|
2.41 |
4.06 |
3.54 |
-15 |
24 |
1.78 |
3.85 |
3.90 |
4.85 |
2.62 |
Changes in Operating Assets and Liabilities, net |
|
-36 |
4.34 |
-18 |
-6.47 |
38 |
37 |
27 |
-43 |
1.82 |
-28 |
Net Cash From Investing Activities |
|
-2.51 |
-3.15 |
-2.12 |
-7.91 |
-3.16 |
-5.09 |
-13 |
-6.67 |
-7.71 |
-16 |
Net Cash From Continuing Investing Activities |
|
-2.51 |
-3.15 |
-2.12 |
-7.91 |
-3.16 |
-5.09 |
-13 |
-6.67 |
-7.71 |
-16 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-2.51 |
-3.02 |
-2.12 |
-2.43 |
-3.16 |
-5.09 |
-13 |
-6.67 |
-5.91 |
-3.94 |
Other Investing Activities, net |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
-0.15 |
Net Cash From Financing Activities |
|
7.62 |
22 |
-64 |
70 |
-3.72 |
-40 |
-55 |
41 |
-97 |
-2.97 |
Net Cash From Continuing Financing Activities |
|
7.62 |
22 |
-64 |
70 |
-3.72 |
-40 |
-55 |
41 |
-97 |
-2.97 |
Issuance of Debt |
|
43 |
33 |
-55 |
95 |
8.00 |
-10 |
-29 |
55 |
910 |
2,083 |
Repayment of Debt |
|
-1.09 |
-1.14 |
-1.09 |
-1.80 |
-1.64 |
-1.69 |
-1.64 |
-1.64 |
-988 |
-2,064 |
Repurchase of Common Equity |
|
-30 |
-10 |
-7.58 |
-23 |
-10 |
-26 |
-23 |
-11 |
-20 |
-20 |
Other Financing Activities, Net |
|
-4.18 |
0.19 |
-0.11 |
0.06 |
0.03 |
-2.61 |
-1.50 |
-0.66 |
0.20 |
-1.18 |
Effect of Exchange Rate Changes |
|
-0.25 |
0.52 |
0.71 |
0.64 |
-0.48 |
0.71 |
-0.10 |
-0.34 |
-1.02 |
-2.17 |
Cash Interest Paid |
|
1.31 |
1.85 |
2.00 |
2.28 |
2.45 |
2.44 |
2.41 |
2.78 |
2.76 |
2.49 |
Cash Income Taxes Paid |
|
11 |
4.57 |
0.15 |
13 |
5.72 |
2.52 |
4.12 |
14 |
5.78 |
0.29 |
Annual Balance Sheets for International Money Express
This table presents International Money Express' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Total Assets |
512 |
577 |
462 |
Cash and Due from Banks |
149 |
239 |
131 |
Loans and Leases, Net of Allowance |
0.00 |
0.00 |
0.00 |
Premises and Equipment, Net |
28 |
32 |
50 |
Goodwill |
50 |
54 |
55 |
Intangible Assets |
20 |
18 |
27 |
Other Assets |
265 |
234 |
199 |
Total Liabilities & Shareholders' Equity |
512 |
577 |
462 |
Total Liabilities |
362 |
428 |
327 |
Short-Term Debt |
143 |
169 |
105 |
Other Short-Term Payables |
42 |
55 |
47 |
Long-Term Debt |
150 |
181 |
157 |
Other Long-Term Liabilities |
27 |
23 |
19 |
Commitments & Contingencies |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
150 |
149 |
135 |
Total Preferred & Common Equity |
150 |
149 |
135 |
Preferred Stock |
- |
0.00 |
0.00 |
Total Common Equity |
150 |
149 |
135 |
Common Stock |
70 |
76 |
80 |
Retained Earnings |
139 |
199 |
257 |
Treasury Stock |
-59 |
-126 |
-201 |
Accumulated Other Comprehensive Income / (Loss) |
-0.14 |
0.26 |
-1.45 |
Quarterly Balance Sheets for International Money Express
This table presents International Money Express' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Total Assets |
|
399 |
431 |
540 |
620 |
549 |
612 |
481 |
Cash and Due from Banks |
|
105 |
85 |
147 |
222 |
219 |
233 |
157 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Premises and Equipment, Net |
|
23 |
28 |
29 |
29 |
43 |
46 |
49 |
Goodwill |
|
36 |
49 |
53 |
54 |
54 |
54 |
55 |
Intangible Assets |
|
13 |
19 |
21 |
19 |
17 |
16 |
16 |
Other Assets |
|
222 |
250 |
290 |
295 |
216 |
263 |
204 |
Total Liabilities & Shareholders' Equity |
|
399 |
431 |
540 |
620 |
549 |
612 |
481 |
Total Liabilities |
|
254 |
275 |
389 |
462 |
410 |
470 |
339 |
Short-Term Debt |
|
101 |
119 |
134 |
200 |
185 |
199 |
135 |
Other Short-Term Payables |
|
32 |
38 |
42 |
44 |
53 |
48 |
46 |
Long-Term Debt |
|
119 |
94 |
187 |
193 |
151 |
203 |
138 |
Other Long-Term Liabilities |
|
1.58 |
25 |
26 |
25 |
21 |
21 |
20 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
145 |
156 |
151 |
158 |
138 |
142 |
142 |
Total Preferred & Common Equity |
|
145 |
156 |
151 |
158 |
138 |
142 |
142 |
Total Common Equity |
|
145 |
156 |
151 |
158 |
138 |
142 |
142 |
Common Stock |
|
68 |
72 |
74 |
76 |
76 |
78 |
81 |
Retained Earnings |
|
126 |
151 |
166 |
181 |
211 |
225 |
242 |
Treasury Stock |
|
-49 |
-67 |
-90 |
-100 |
-149 |
-160 |
-181 |
Accumulated Other Comprehensive Income / (Loss) |
|
-0.22 |
0.04 |
0.22 |
0.00 |
0.12 |
-0.26 |
-0.32 |
Annual Metrics And Ratios for International Money Express
This table displays calculated financial ratios and metrics derived from International Money Express' official financial filings.
Metric |
2022 |
2023 |
2024 |
Growth Metrics |
- |
- |
- |
Revenue Growth |
20.26% |
-101.91% |
-12.65% |
EBITDA Growth |
19.09% |
12.89% |
-0.73% |
EBIT Growth |
22.05% |
10.07% |
-2.11% |
NOPAT Growth |
22.39% |
3.81% |
-1.17% |
Net Income Growth |
22.39% |
3.81% |
-1.17% |
EPS Growth |
23.33% |
10.14% |
9.82% |
Operating Cash Flow Growth |
-80.57% |
845.86% |
-63.01% |
Free Cash Flow Firm Growth |
-263.58% |
104.66% |
4,212.12% |
Invested Capital Growth |
45.10% |
12.59% |
-20.59% |
Revenue Q/Q Growth |
46.10% |
-102.26% |
-101.89% |
EBITDA Q/Q Growth |
2.39% |
6.20% |
-2.37% |
EBIT Q/Q Growth |
2.31% |
6.42% |
-3.39% |
NOPAT Q/Q Growth |
-0.11% |
8.05% |
-3.47% |
Net Income Q/Q Growth |
-0.11% |
8.05% |
-3.47% |
EPS Q/Q Growth |
0.00% |
10.14% |
0.00% |
Operating Cash Flow Q/Q Growth |
101.11% |
33.56% |
-55.41% |
Free Cash Flow Firm Q/Q Growth |
-344.68% |
102.87% |
-17.61% |
Invested Capital Q/Q Growth |
21.35% |
-9.39% |
-4.65% |
Profitability Metrics |
- |
- |
- |
EBITDA Margin |
16.05% |
0.00% |
0.00% |
EBIT Margin |
14.13% |
0.00% |
0.00% |
Profit (Net Income) Margin |
10.48% |
0.00% |
0.00% |
Tax Burden Percent |
74.19% |
69.97% |
70.64% |
Interest Burden Percent |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
25.81% |
30.04% |
29.36% |
Return on Invested Capital (ROIC) |
15.32% |
0.00% |
0.00% |
ROIC Less NNEP Spread (ROIC-NNEP) |
15.32% |
0.00% |
0.00% |
Return on Net Nonoperating Assets (RNNOA) |
23.82% |
0.00% |
0.00% |
Return on Equity (ROE) |
39.14% |
39.82% |
41.43% |
Cash Return on Invested Capital (CROIC) |
-21.48% |
0.80% |
36.10% |
Operating Return on Assets (OROA) |
18.13% |
0.00% |
0.00% |
Return on Assets (ROA) |
13.45% |
0.00% |
0.00% |
Return on Common Equity (ROCE) |
39.14% |
39.82% |
41.43% |
Return on Equity Simple (ROE_SIMPLE) |
38.24% |
39.93% |
43.60% |
Net Operating Profit after Tax (NOPAT) |
57 |
60 |
59 |
NOPAT Margin |
10.48% |
0.00% |
0.00% |
Net Nonoperating Expense Percent (NNEP) |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
9.55% |
0.00% |
0.00% |
Operating Expenses to Revenue |
85.87% |
0.00% |
0.00% |
Earnings before Interest and Taxes (EBIT) |
77 |
85 |
83 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
88 |
99 |
98 |
Valuation Ratios |
- |
- |
- |
Price to Book Value (P/BV) |
6.03 |
5.17 |
4.80 |
Price to Tangible Book Value (P/TBV) |
11.25 |
10.01 |
12.25 |
Price to Revenue (P/Rev) |
1.65 |
0.00 |
0.00 |
Price to Earnings (P/E) |
15.75 |
12.94 |
11.01 |
Dividend Yield |
0.00% |
0.00% |
0.00% |
Earnings Yield |
6.35% |
7.73% |
9.08% |
Enterprise Value to Invested Capital (EV/IC) |
2.36 |
1.77 |
1.97 |
Enterprise Value to Revenue (EV/Rev) |
1.91 |
0.00 |
0.00 |
Enterprise Value to EBITDA (EV/EBITDA) |
11.93 |
8.89 |
7.92 |
Enterprise Value to EBIT (EV/EBIT) |
13.55 |
10.35 |
9.35 |
Enterprise Value to NOPAT (EV/NOPAT) |
18.26 |
14.80 |
13.23 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
68.99 |
6.14 |
14.66 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
0.00 |
235.13 |
4.82 |
Leverage & Solvency |
- |
- |
- |
Debt to Equity |
1.96 |
2.35 |
1.94 |
Long-Term Debt to Equity |
1.00 |
1.22 |
1.16 |
Financial Leverage |
1.55 |
2.15 |
2.15 |
Leverage Ratio |
2.91 |
3.64 |
3.66 |
Compound Leverage Factor |
2.91 |
3.64 |
3.66 |
Debt to Total Capital |
66.17% |
70.12% |
65.94% |
Short-Term Debt to Total Capital |
32.26% |
33.82% |
26.40% |
Long-Term Debt to Total Capital |
33.91% |
36.30% |
39.54% |
Preferred Equity to Total Capital |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
33.83% |
29.88% |
34.06% |
Debt to EBITDA |
3.34 |
3.53 |
2.66 |
Net Debt to EBITDA |
1.64 |
1.12 |
1.33 |
Long-Term Debt to EBITDA |
1.71 |
1.83 |
1.59 |
Debt to NOPAT |
5.11 |
5.88 |
4.44 |
Net Debt to NOPAT |
2.51 |
1.86 |
2.22 |
Long-Term Debt to NOPAT |
2.62 |
3.04 |
2.66 |
Noncontrolling Interest Sharing Ratio |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
- |
- |
- |
Cash Flow Metrics |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
-80 |
3.75 |
162 |
Operating Cash Flow to CapEx |
124.65% |
1,121.03% |
176.97% |
Free Cash Flow to Firm to Interest Expense |
0.00 |
0.36 |
13.75 |
Operating Cash Flow to Interest Expense |
0.00 |
13.77 |
4.52 |
Operating Cash Flow Less CapEx to Interest Expense |
0.00 |
12.54 |
1.97 |
Efficiency Ratios |
- |
- |
- |
Asset Turnover |
1.28 |
0.00 |
0.00 |
Fixed Asset Turnover |
23.74 |
0.00 |
0.00 |
Capital & Investment Metrics |
- |
- |
- |
Invested Capital |
443 |
499 |
396 |
Invested Capital Turnover |
1.46 |
0.00 |
0.00 |
Increase / (Decrease) in Invested Capital |
138 |
56 |
-103 |
Enterprise Value (EV) |
1,047 |
881 |
778 |
Market Capitalization |
903 |
770 |
648 |
Book Value per Share |
$4.04 |
$4.27 |
$4.34 |
Tangible Book Value per Share |
$2.17 |
$2.21 |
$1.70 |
Total Capital |
443 |
499 |
396 |
Total Debt |
293 |
350 |
261 |
Total Long-Term Debt |
150 |
181 |
157 |
Net Debt |
144 |
111 |
131 |
Capital Expenditures (CapEx) |
12 |
13 |
30 |
Net Nonoperating Expense (NNE) |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
293 |
350 |
261 |
Total Depreciation and Amortization (D&A) |
10 |
14 |
15 |
Earnings Adjustments |
- |
- |
- |
Adjusted Basic Earnings per Share |
$1.52 |
$1.67 |
$1.81 |
Adjusted Weighted Average Basic Shares Outstanding |
37.73M |
35.60M |
32.43M |
Adjusted Diluted Earnings per Share |
$1.48 |
$1.63 |
$1.79 |
Adjusted Weighted Average Diluted Shares Outstanding |
38.63M |
36.43M |
32.85M |
Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
36.44M |
33.73M |
30.65M |
Normalized Net Operating Profit after Tax (NOPAT) |
64 |
-400 |
-403 |
Normalized NOPAT Margin |
11.66% |
0.00% |
0.00% |
Pre Tax Income Margin |
14.13% |
0.00% |
0.00% |
Debt Service Ratios |
- |
- |
- |
EBIT to Interest Expense |
0.00 |
8.16 |
7.09 |
NOPAT to Interest Expense |
0.00 |
5.71 |
5.01 |
EBIT Less CapEx to Interest Expense |
0.00 |
6.93 |
4.54 |
NOPAT Less CapEx to Interest Expense |
0.00 |
4.48 |
2.45 |
Payout Ratios |
- |
- |
- |
Dividend Payout Ratio |
0.00% |
0.00% |
0.00% |
Augmented Payout Ratio |
93.73% |
111.34% |
127.73% |
Quarterly Metrics And Ratios for International Money Express
This table displays calculated financial ratios and metrics derived from International Money Express' official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
-101.22% |
136.72% |
-101.93% |
-101.95% |
11,862.41% |
-159.59% |
6,838.59% |
-16.75% |
-101.86% |
13.96% |
EBITDA Growth |
|
22.91% |
9.91% |
6.46% |
3.69% |
15.70% |
25.42% |
3.12% |
-7.95% |
12.16% |
-8.36% |
EBIT Growth |
|
27.38% |
9.71% |
3.02% |
-0.02% |
11.26% |
25.98% |
1.42% |
-10.33% |
14.80% |
-11.75% |
NOPAT Growth |
|
44.49% |
-0.50% |
0.93% |
-3.52% |
-10.79% |
33.92% |
2.92% |
-9.01% |
16.62% |
-12.08% |
Net Income Growth |
|
44.49% |
-0.50% |
0.93% |
-3.52% |
-10.79% |
33.92% |
2.92% |
-9.01% |
16.62% |
-12.08% |
EPS Growth |
|
48.28% |
0.00% |
3.33% |
2.44% |
-4.65% |
44.12% |
12.90% |
0.00% |
29.27% |
0.00% |
Operating Cash Flow Growth |
|
-50.32% |
43.86% |
-96.52% |
96.00% |
672.13% |
144.13% |
4,065.46% |
-1,601.74% |
-64.45% |
-107.99% |
Free Cash Flow Firm Growth |
|
-21.18% |
-123.29% |
-10.42% |
-403.32% |
-189.91% |
69.29% |
-108.81% |
57.95% |
189.34% |
408.59% |
Invested Capital Growth |
|
26.06% |
45.10% |
18.13% |
48.15% |
50.79% |
12.59% |
28.67% |
15.27% |
-24.54% |
-20.59% |
Revenue Q/Q Growth |
|
-101.08% |
20,477.49% |
-100.75% |
-20.94% |
6,604.60% |
-203.24% |
-77.48% |
-102.10% |
-3.39% |
-4,686.25% |
EBITDA Q/Q Growth |
|
-11.37% |
4.34% |
-12.98% |
28.85% |
-1.11% |
13.11% |
-28.45% |
15.03% |
20.49% |
-7.59% |
EBIT Q/Q Growth |
|
-12.74% |
2.41% |
-15.69% |
32.70% |
-2.90% |
15.96% |
-32.12% |
17.32% |
24.31% |
-10.85% |
NOPAT Q/Q Growth |
|
4.02% |
-21.41% |
-9.99% |
31.12% |
-3.83% |
17.98% |
-30.82% |
15.92% |
23.26% |
-11.05% |
Net Income Q/Q Growth |
|
4.02% |
-21.41% |
-9.99% |
31.12% |
-3.83% |
17.98% |
-30.82% |
15.92% |
23.26% |
-11.05% |
EPS Q/Q Growth |
|
4.88% |
-20.93% |
-8.82% |
35.48% |
-2.38% |
19.51% |
-28.57% |
20.00% |
26.19% |
-7.55% |
Operating Cash Flow Q/Q Growth |
|
49.84% |
273.67% |
-95.37% |
-199.31% |
7,268.00% |
-25.90% |
-21.03% |
-140.57% |
249.73% |
-116.66% |
Free Cash Flow Firm Q/Q Growth |
|
-114.62% |
-111.81% |
64.08% |
-208.27% |
-23.62% |
77.57% |
-144.25% |
37.92% |
362.67% |
-22.52% |
Invested Capital Q/Q Growth |
|
14.60% |
21.35% |
-16.87% |
28.16% |
16.63% |
-9.39% |
-5.00% |
14.82% |
-23.65% |
-4.65% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
0.00% |
7.62% |
0.00% |
0.00% |
14.63% |
0.00% |
13.82% |
0.00% |
0.00% |
0.00% |
EBIT Margin |
|
0.00% |
6.61% |
0.00% |
0.00% |
12.44% |
0.00% |
11.43% |
0.00% |
0.00% |
0.00% |
Profit (Net Income) Margin |
|
0.00% |
4.37% |
0.00% |
0.00% |
8.60% |
0.00% |
8.20% |
0.00% |
0.00% |
0.00% |
Tax Burden Percent |
|
86.23% |
66.18% |
70.66% |
69.81% |
69.14% |
70.35% |
71.70% |
70.84% |
70.24% |
70.08% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
13.77% |
33.82% |
29.34% |
30.19% |
30.86% |
29.65% |
28.30% |
29.16% |
29.76% |
29.92% |
Return on Invested Capital (ROIC) |
|
0.00% |
6.39% |
0.00% |
0.00% |
8.66% |
0.00% |
15.54% |
0.00% |
0.00% |
0.00% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
0.00% |
6.39% |
0.00% |
0.00% |
8.66% |
0.00% |
15.54% |
0.00% |
0.00% |
0.00% |
Return on Net Nonoperating Assets (RNNOA) |
|
0.00% |
9.94% |
0.00% |
0.00% |
17.53% |
0.00% |
28.96% |
0.00% |
0.00% |
0.00% |
Return on Equity (ROE) |
|
0.00% |
16.33% |
0.00% |
0.00% |
26.19% |
39.82% |
44.49% |
0.00% |
0.00% |
41.43% |
Cash Return on Invested Capital (CROIC) |
|
-5.52% |
-21.48% |
0.27% |
-24.42% |
-28.47% |
0.80% |
-10.86% |
-2.67% |
40.59% |
36.10% |
Operating Return on Assets (OROA) |
|
0.00% |
8.48% |
0.00% |
0.00% |
11.25% |
0.00% |
18.63% |
0.00% |
0.00% |
0.00% |
Return on Assets (ROA) |
|
0.00% |
5.61% |
0.00% |
0.00% |
7.78% |
0.00% |
13.36% |
0.00% |
0.00% |
0.00% |
Return on Common Equity (ROCE) |
|
0.00% |
16.33% |
0.00% |
0.00% |
26.19% |
39.82% |
44.49% |
0.00% |
0.00% |
41.43% |
Return on Equity Simple (ROE_SIMPLE) |
|
39.58% |
0.00% |
36.85% |
37.71% |
34.94% |
0.00% |
43.30% |
41.06% |
42.96% |
0.00% |
Net Operating Profit after Tax (NOPAT) |
|
17 |
13 |
12 |
15 |
15 |
17 |
12 |
14 |
17 |
15 |
NOPAT Margin |
|
0.00% |
4.37% |
0.00% |
0.00% |
8.60% |
0.00% |
8.20% |
0.00% |
0.00% |
0.00% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
0.00% |
5.13% |
0.00% |
0.00% |
10.32% |
0.00% |
12.26% |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
|
0.00% |
93.39% |
0.00% |
0.00% |
87.56% |
0.00% |
88.57% |
0.00% |
0.00% |
0.00% |
Earnings before Interest and Taxes (EBIT) |
|
19 |
20 |
17 |
22 |
21 |
25 |
17 |
20 |
25 |
22 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
22 |
23 |
20 |
26 |
25 |
29 |
20 |
23 |
28 |
26 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
5.95 |
6.03 |
6.03 |
5.92 |
3.80 |
5.17 |
5.57 |
4.78 |
4.25 |
4.80 |
Price to Tangible Book Value (P/TBV) |
|
8.98 |
11.25 |
10.61 |
11.64 |
7.10 |
10.01 |
11.48 |
9.41 |
8.50 |
12.25 |
Price to Revenue (P/Rev) |
|
2.31 |
1.65 |
2.21 |
3.11 |
1.30 |
0.00 |
0.96 |
0.85 |
0.97 |
0.00 |
Price to Earnings (P/E) |
|
15.04 |
15.75 |
16.36 |
15.71 |
10.89 |
12.94 |
12.87 |
11.63 |
9.89 |
11.01 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Earnings Yield |
|
6.65% |
6.35% |
6.11% |
6.37% |
9.19% |
7.73% |
7.77% |
8.60% |
10.11% |
9.08% |
Enterprise Value to Invested Capital (EV/IC) |
|
2.68 |
2.36 |
2.90 |
2.26 |
1.40 |
1.77 |
1.87 |
1.56 |
1.73 |
1.97 |
Enterprise Value to Revenue (EV/Rev) |
|
2.61 |
1.91 |
2.51 |
3.72 |
1.67 |
0.00 |
1.11 |
1.06 |
1.16 |
0.00 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
11.42 |
11.93 |
11.99 |
11.88 |
8.26 |
8.89 |
8.90 |
8.69 |
7.15 |
7.92 |
Enterprise Value to EBIT (EV/EBIT) |
|
12.95 |
13.55 |
13.71 |
13.72 |
9.63 |
10.35 |
10.40 |
10.22 |
8.35 |
9.35 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
17.04 |
18.26 |
18.57 |
18.76 |
13.98 |
14.80 |
14.82 |
14.51 |
11.81 |
13.23 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
129.65 |
68.99 |
0.00 |
100.47 |
7.17 |
6.14 |
4.65 |
4.93 |
6.05 |
14.66 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
1,170.71 |
0.00 |
0.00 |
235.13 |
0.00 |
0.00 |
3.67 |
4.82 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
1.52 |
1.96 |
1.36 |
2.13 |
2.49 |
2.35 |
2.43 |
2.82 |
1.93 |
1.94 |
Long-Term Debt to Equity |
|
0.82 |
1.00 |
0.60 |
1.24 |
1.23 |
1.22 |
1.09 |
1.43 |
0.97 |
1.16 |
Financial Leverage |
|
1.36 |
1.55 |
1.20 |
1.54 |
2.03 |
2.15 |
1.86 |
2.47 |
2.23 |
2.15 |
Leverage Ratio |
|
2.59 |
2.91 |
2.53 |
2.89 |
3.37 |
3.64 |
3.33 |
3.93 |
3.67 |
3.66 |
Compound Leverage Factor |
|
2.59 |
2.91 |
2.53 |
2.89 |
3.37 |
3.64 |
3.33 |
3.93 |
3.67 |
3.66 |
Debt to Total Capital |
|
60.28% |
66.17% |
57.68% |
68.05% |
71.37% |
70.12% |
70.83% |
73.82% |
65.85% |
65.94% |
Short-Term Debt to Total Capital |
|
27.76% |
32.26% |
32.24% |
28.39% |
36.28% |
33.82% |
39.07% |
36.52% |
32.58% |
26.40% |
Long-Term Debt to Total Capital |
|
32.53% |
33.91% |
25.45% |
39.66% |
35.08% |
36.30% |
31.76% |
37.30% |
33.28% |
39.54% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
39.72% |
33.83% |
42.32% |
31.95% |
28.63% |
29.88% |
29.17% |
26.18% |
34.15% |
34.06% |
Debt to EBITDA |
|
2.57 |
3.34 |
2.39 |
3.57 |
4.21 |
3.53 |
3.37 |
4.11 |
2.72 |
2.66 |
Net Debt to EBITDA |
|
1.34 |
1.64 |
1.43 |
1.93 |
1.83 |
1.12 |
1.17 |
1.73 |
1.16 |
1.33 |
Long-Term Debt to EBITDA |
|
1.39 |
1.71 |
1.05 |
2.08 |
2.07 |
1.83 |
1.51 |
2.08 |
1.37 |
1.59 |
Debt to NOPAT |
|
3.83 |
5.11 |
3.70 |
5.65 |
7.13 |
5.88 |
5.61 |
6.87 |
4.49 |
4.44 |
Net Debt to NOPAT |
|
2.00 |
2.51 |
2.21 |
3.06 |
3.09 |
1.86 |
1.95 |
2.88 |
1.92 |
2.22 |
Long-Term Debt to NOPAT |
|
2.07 |
2.62 |
1.63 |
3.29 |
3.51 |
3.04 |
2.51 |
3.47 |
2.27 |
2.66 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-59 |
-125 |
-45 |
-138 |
-171 |
-38 |
-93 |
-58 |
152 |
118 |
Operating Cash Flow to CapEx |
|
-573.34% |
829.09% |
54.65% |
-47.29% |
2,608.61% |
1,199.63% |
357.83% |
-293.40% |
495.80% |
-124.03% |
Free Cash Flow to Firm to Interest Expense |
|
-40.14 |
0.00 |
-20.42 |
-52.06 |
0.00 |
-6.85 |
-34.59 |
-18.75 |
47.63 |
42.98 |
Operating Cash Flow to Interest Expense |
|
-9.83 |
0.00 |
0.53 |
-0.43 |
0.00 |
10.94 |
17.85 |
-6.32 |
9.16 |
-1.78 |
Operating Cash Flow Less CapEx to Interest Expense |
|
-11.54 |
0.00 |
-0.44 |
-1.35 |
0.00 |
10.03 |
12.86 |
-8.48 |
7.31 |
-3.21 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
1.04 |
1.28 |
1.09 |
0.64 |
0.90 |
0.00 |
1.63 |
1.38 |
1.13 |
0.00 |
Fixed Asset Turnover |
|
20.42 |
23.74 |
17.33 |
11.39 |
17.86 |
0.00 |
22.58 |
21.32 |
15.86 |
0.00 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
365 |
443 |
368 |
472 |
551 |
499 |
474 |
544 |
415 |
396 |
Invested Capital Turnover |
|
1.14 |
1.46 |
1.25 |
0.73 |
1.01 |
0.00 |
1.90 |
1.57 |
1.29 |
0.00 |
Increase / (Decrease) in Invested Capital |
|
75 |
138 |
57 |
153 |
185 |
56 |
106 |
72 |
-135 |
-103 |
Enterprise Value (EV) |
|
978 |
1,047 |
1,067 |
1,067 |
770 |
881 |
887 |
849 |
720 |
778 |
Market Capitalization |
|
863 |
903 |
940 |
893 |
600 |
770 |
770 |
680 |
603 |
648 |
Book Value per Share |
|
$3.83 |
$4.04 |
$4.28 |
$4.14 |
$4.45 |
$4.27 |
$4.10 |
$4.36 |
$4.35 |
$4.34 |
Tangible Book Value per Share |
|
$2.54 |
$2.17 |
$2.43 |
$2.11 |
$2.38 |
$2.21 |
$1.99 |
$2.21 |
$2.18 |
$1.70 |
Total Capital |
|
365 |
443 |
368 |
472 |
551 |
499 |
474 |
544 |
415 |
396 |
Total Debt |
|
220 |
293 |
212 |
321 |
393 |
350 |
336 |
402 |
274 |
261 |
Total Long-Term Debt |
|
119 |
150 |
94 |
187 |
193 |
181 |
151 |
203 |
138 |
157 |
Net Debt |
|
115 |
144 |
127 |
174 |
170 |
111 |
117 |
168 |
117 |
131 |
Capital Expenditures (CapEx) |
|
2.51 |
3.02 |
2.12 |
2.43 |
3.16 |
5.09 |
13 |
6.67 |
5.91 |
3.94 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
220 |
293 |
212 |
321 |
393 |
350 |
336 |
402 |
274 |
261 |
Total Depreciation and Amortization (D&A) |
|
2.52 |
3.00 |
3.15 |
3.42 |
3.77 |
3.66 |
3.53 |
3.67 |
3.67 |
4.19 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.44 |
$0.36 |
$0.32 |
$0.43 |
$0.42 |
$0.50 |
$0.36 |
$0.43 |
$0.53 |
$0.49 |
Adjusted Weighted Average Basic Shares Outstanding |
|
37.39M |
37.73M |
36.48M |
36.00M |
35.32M |
35.60M |
33.68M |
32.70M |
32.37M |
32.43M |
Adjusted Diluted Earnings per Share |
|
$0.43 |
$0.34 |
$0.31 |
$0.42 |
$0.41 |
$0.49 |
$0.35 |
$0.42 |
$0.53 |
$0.49 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
38.43M |
38.63M |
37.36M |
36.87M |
36.08M |
36.43M |
34.19M |
33.09M |
32.73M |
32.85M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
37.06M |
36.44M |
36.42M |
35.42M |
34.87M |
33.73M |
32.64M |
32.61M |
31.10M |
30.65M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
-105 |
13 |
-91 |
-103 |
18 |
-227 |
12 |
-106 |
-103 |
15 |
Normalized NOPAT Margin |
|
0.00% |
4.37% |
0.00% |
0.00% |
10.18% |
0.00% |
8.20% |
0.00% |
0.00% |
0.00% |
Pre Tax Income Margin |
|
0.00% |
6.61% |
0.00% |
0.00% |
12.44% |
0.00% |
11.43% |
0.00% |
0.00% |
0.00% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
13.15 |
0.00 |
7.59 |
8.33 |
0.00 |
4.46 |
6.25 |
6.40 |
7.70 |
7.99 |
NOPAT to Interest Expense |
|
11.34 |
0.00 |
5.37 |
5.82 |
0.00 |
3.13 |
4.48 |
4.53 |
5.41 |
5.60 |
EBIT Less CapEx to Interest Expense |
|
11.44 |
0.00 |
6.63 |
7.42 |
0.00 |
3.54 |
1.26 |
4.25 |
5.85 |
6.56 |
NOPAT Less CapEx to Interest Expense |
|
9.63 |
0.00 |
4.40 |
4.90 |
0.00 |
2.22 |
-0.51 |
2.38 |
3.56 |
4.17 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Augmented Payout Ratio |
|
83.80% |
93.73% |
100.44% |
124.16% |
91.90% |
111.34% |
137.16% |
120.35% |
132.24% |
127.73% |
Key Financial Trends
International Money Express (IMXI) has shown consistent profitability over the past two years, with quarterly net income from continuing operations remaining positive in every quarter analyzed. In Q4 2024, IMXI reported net income of approximately $15.4 million, down slightly from $17.3 million in Q3 2024 but broadly maintaining profitability.
Positive trends observed:
- IMXI has maintained positive net income each quarter for the last two years, indicating stable profitability.
- Earnings per share (diluted) increased from $0.31 in Q1 2023 to $0.49 in Q4 2024, showing growth in shareholder value.
- Total common equity steadily increased from about $156 million in Q1 2023 to approximately $142 million in Q3 2024, demonstrating a solid equity base.
- IMXI’s pre-tax income remains positive and consistent, with quarterly total pre-tax income around $15-25 million in recent quarters.
- Operating cash flow is generally strong, with positive net cash from operating activities in several quarters, including $61.1 million in Q4 2023 and $29.3 million in Q3 2024.
Neutral observations:
- Interest expense related to long-term debt increased slightly over the past two years, from roughly $2.2 million in Q1 2023 to about $2.7 million in Q4 2024, but remains manageable relative to earnings.
- Total revenues fluctuate due to varying non-interest income, with significant swings reflecting different accounting for special charges or income components.
- Depreciation expense remains fairly steady around $3.0 to $3.6 million quarterly, indicating consistent asset base use.
- IMXI has sizable goodwill and intangible assets on the balance sheet (~$70 million combined in Q3 2024), which require ongoing monitoring for impairment risk.
- Cash and equivalents increased from around $85 million in Q1 2023 to $156 million in Q3 2024, demonstrating improved liquidity.
Potential risks or negative factors:
- The company experienced large negative "Other Special Charges" in several periods (eg. -$171 million in Q4 2024 and Q2 2023), which significantly impact net revenue and may reflect one-time or restructuring costs.
- Significant fluctuations in net cash from financing activities, including large debt issuances and repayments each quarter, suggest volatility in capital structure management.
- Negative net cash from operating activities in some quarters (e.g., Q4 2024, Q2 2024) driven by unfavorable changes in operating assets and liabilities indicate working capital volatility.
- Short-term debt levels remain high (over $130 million in Q3 2024), which could pressure liquidity if not managed prudently.
Overall, International Money Express shows stable profitability with increasing EPS, a solid equity base, and reasonable liquidity. However, investors should watch the impact of periodic large special charges, working capital fluctuations causing cash flow volatility, and elevated short-term debt levels. The company’s consistent net income and cash generation capacity are positive, yet debt and expense management will be critical for sustained growth.
09/01/25 01:11 PM ETAI Generated. May Contain Errors.