International Money Express, Inc. (IMXI) AI Stock Summary
Pending acquisition and shrinking revenue
Updated
Snapshot
International Money Express is a profitable remittance business that is currently shrinking. FY 2025 revenue fell 7.7% to $607.8M, but the business still generated $32.7M in net income and $15.8M in free cash flow. The balance sheet carries $168.7M in cash against $216.5M in debt.
What's Happening Right Now
- Wed 24th Jun '26 · Regulatory update: Western Union and Intermex announced they have secured approval from money transmission regulators in 51 U.S. states and territories and all international jurisdictions, with only New York remaining.
- Thu 14th May '26 · Opposition: New York City Mayor is pushing the state to block the $500M acquisition of Intermex by Western Union, citing concerns about financial pressure on immigrants.
Ownership
Institutions hold 85.1%, insiders hold 5.1%.
Bottom Line
This is a profitable company facing operational headwinds, evidenced by the 7.7% revenue drop and a recent earnings miss. The stock is effectively in a holding pattern pending the outcome of Western Union's acquisition offer, which has secured almost all necessary regulatory approvals except for New York.