NASDAQ$IMXI
International Money Express Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Intermex experienced revenue and customer growth in Q1 2023.
Intermex reported a strong first quarter in 2023, marked by a 26.8% increase in revenue to $145.4 million and a 0.9% increase in net income to $11.8 million. The company's growth was driven by the inclusion of La Nacional and solid core growth, resulting in a 37.4% increase in unique active customers and a 28.6% increase in money transfer transactions.
- Revenue increased by 26.8% to $145.4 million.
- Net income increased by 0.9% to $11.8 million.
- Diluted EPS increased by 3.3% to $0.31 per share.
- Adjusted EBITDA increased by 16.4% to $24.1 million.
Headline financials
Revenue & EPS history
Intermex · Revenue · Quarterly
$145M
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
The Company is reiterating its previously issued full-year guidance and providing second-quarter guidance:
Tailwinds
- Full-year 2023 Revenue of $667.0 million to $688.5 million, an increase of 22% to 26%.
- Full-year 2023 Net Income of $66.5 million to $69.0 million, an increase of 16% to 20%.
- Full-year 2023 Adjusted EBITDA of $120.0 million to $124.5 million, an increase of 14% to 18%.
- Second-quarter 2023 Revenue of $168.6 million to $174.1 million, an increase of 23% to 27%.
- Second-quarter 2023 Net Income of $16.8 million to $17.1 million, an increase of 5% to 7%.
Headwinds
- Second-quarter 2023 Adjusted EBITDA of $30.7 million to $31.4 million, an increase of 11% to 14%.
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 2023
+2.1%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+2.8%
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% | — | |
| 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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