NASDAQ$IMXI
International Money Express Inc · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Intermex's Q1 2020 results were announced, showcasing significant year-over-year growth in net income and revenue.
Intermex reported a strong first quarter in 2020, with an 80% increase in net income compared to the previous year. Revenues also grew by 13.0%, driven by volume growth in the LATAM and Caribbean corridor. Despite challenges from the COVID-19 pandemic, the company remained profitable and generated free cash flow.
- Revenues increased by 13.0% compared to the prior year period.
- Net income grew by 80.2% to $5.7 million, compared to $3.2 million in Q1 2019.
- Basic and diluted earnings per share were $0.15, up from $0.09 in the same quarter last year.
- Adjusted EBITDA rose by 22.8% to $13.2 million, driven by higher revenues from volume growth.
Headline financials
Revenue & EPS history
Intermex · Revenue · Quarterly
$77.3M
Revenue by segment
Intermex · $147M total across 2 segments · Q2 2023
- Transfer & Money Order$145M—98.5%
- Other Income$2.25M—1.5%
Forward guidance
Due to the uncertainty caused by the COVID-19 pandemic, Intermex has suspended its financial guidance for 2020. The company remains confident in its customer service and operational excellence.
Tailwinds
- The company continues to meet the critical needs of customers.
- The company is keeping employees safe and healthy.
- The company has only seen modest declines in year over year volume since the beginning of the crisis.
- Current volumes are well above breakeven on a cash flow basis
- 80% of the Company’s costs are variable with transaction volume.
Headwinds
- The COVID-19 crisis significantly increases uncertainty for the foreseeable future.
- The company is suspending its Financial Guidance for 2020.
- Temporarily closed all 33 Company-operated stores
- Implemented social-distancing practices at Mexico and Guatemala call centers
- Empowered all headquarter and certain other administrative employees to work efficiently from home
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2020
+2.1%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+2.5%
Avg return
30 days after
56%
20 / 36 earnings
Positive
+60.7%
Q2 2025
Best reaction
-26.1%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.4% | -3.3% | -7.7% | |
| Q4 2025 | +0.1% | +0.6% | +0.6% | |
| Q3 2025 | -0.5% | -0.5% | +1.8% | |
| Q2 2025 | +60.7% | +55.4% | +56.0% | |
| Q1 2025 | -15.8% | -10.3% | -6.1% | |
| Q4 2024 | -16.7% | -17.8% | -29.3% | |
| Q3 2024 | +16.8% | +16.7% | +14.1% | |
| Q1 2024 | +3.5% | +7.0% | +8.6% | |
| Q4 2023 | -9.3% | -10.4% | +6.2% | |
| Q3 2023 | +15.4% | +18.4% | +22.9% | |
| Q2 2023 | -26.1% | -24.3% | -25.7% | |
| Q1 2023 | +3.5% | -1.8% | -7.2% | |
| Q4 2022 | +1.8% | -5.8% | -3.2% | |
| Q3 2022 | -16.5% | -20.1% | -14.8% | |
| Q2 2022 | -2.2% | +4.5% | -11.0% | |
| Q1 2022 | +5.0% | +0.2% | +5.4% | |
| Q4 2021 | +16.9% | +14.2% | +36.0% | |
| Q3 2021 | +1.5% | +1.6% | -6.4% | |
| Q2 2021 | +4.5% | +7.5% | +14.1% | |
| Q1 2021 | -8.7% | -5.4% | -0.6% | |
| Q4 2020 | +12.0% | +12.9% | -2.2% | |
| Q3 2020 | -0.7% | -1.9% | +1.5% | |
| Q2 2020 | +18.3% | +25.8% | +16.0% | |
| Q1 2020 | +12.2% | +8.3% | +23.8% | |
| Q4 2019 | -5.0% | -8.8% | -17.5% | |
| Q3 2019 | -9.6% | -13.6% | -17.8% | |
| Q2 2019 | +7.8% | +8.3% | +5.8% | |
| Q1 2019 | +1.7% | +2.4% | +16.8% | |
| Q4 2018 | +6.3% | +2.3% | +8.0% | |
| Q3 2018 | +1.8% | -2.0% | -6.6% | |
| Q2 2018 | -1.9% | -2.0% | +6.4% | |
| Q1 2018 | +0.2% | +0.3% | +0.2% | |
| Q4 2017 | -0.1% | +0.0% | +0.5% | |
| Q3 2017 | +0.0% | +0.2% | -0.1% | |
| Q2 2017 | +0.6% | +0.4% | +0.2% | |
| Q1 2017 | +0.0% | +0.0% | +0.5% |
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