NASDAQ$IMXI

International Money Express Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported record transactions and revenues, driven by digital and emerging markets growth.

Intermex reported record fourth-quarter results, with revenues increasing by 28.1% to $127.2 million and net income increasing by 36.5% to $13.1 million. The company saw growth across all primary and emerging markets, as well as further advances in the digital sector.

  • Revenues increased by 28.1% to $127.2 million.
  • Net income increased by 36.5% to $13.1 million.
  • Diluted EPS increased by 32.0% to $0.33.
  • Adjusted EBITDA increased 27.1% to $23.8 million.

Headline financials

Total Revenue

$127M

Previous: $99.3M+28.1%
EPS (adj)

$0.40

Previous: $0.30+33.3%
Capital Expenditures

$5.07M

Previous: $1.29M+292.0%
Free Cash Flow

$12.3M

Previous: -$33.8M+136.5%
Net Income

$13.1M

Previous: $9.62M+36.5%
Operating Income

$19M

Previous: $14.8M+28.4%
Gross Profit

$42.4M

Previous: $33.1M+28.0%
Cash & Equivalents

$132M

Previous: $74.9M+76.9%
Total Assets

$341M

Previous: $259M+31.2%
Stock-Based Comp

$1.22M

Previous: $1.03M+18.6%

Revenue & EPS history

Intermex · Revenue · Quarterly

$127M

Q4 2021+28.1%vs Q4 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Intermex · $147M total across 2 segments · Q2 2023

  • Transfer & Money Order
    $145M
  • Other Income
    $2.25M

Forward guidance

Intermex expects to generate another year of double-digit revenue growth, increasing 17% - 19% to a range of $537 million - $546 million. As a result, the Company expects to generate 24% - 27% growth in net income to between $58 million - $59.5 million, to generate 15% - 18% growth in adjusted net income to between $66 million - $67.5 million, and expects adjusted EBITDA growth of 15% - 18% to between $100 million - $102 million.

Tailwinds

  • Double-digit revenue growth expected.
  • Net income growth of 24% - 27% expected.
  • Adjusted net income growth of 15% - 18% expected.
  • Adjusted EBITDA growth of 15% - 18% expected.
  • Fueled by continued strong growth in remittance transactions.

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 Q4 2021

Historical avgQ4 2021

+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

Earnings price reactions
QuarterReport dateReaction (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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