International Money Express, Inc. (IMXI)

Over the past six months, IMXI's stock has been influenced by several events. Western Union announced its intent to acquire IMXI for $16.00 per share in August 2025, which was approved by IMXI shareholders in December 2025. The share price declined by 25.24% from January 3, 2025, to January 2, 2026, but showed a 79.02% increase over the past six months and year-to-date as of January 12, 2026. The Q3 2025 earnings report revealed a drop in net income, although digital transactions grew nearly 70% year-over-year in Q1 2025. IMXI launched International Top-Up Services across more than 130 countries and partnered with Banco Industrial to launch the Zigi App in Guatemala in December 2025. The company expanded into Canada through a partnership with Orbit Money Transfer in November 2025. In December 2024, IMXI acquired certain assets and operations of Amigo Paisano, S.A.

International Money Express, Inc. experiences demand seasonality, with Q1 margins typically being the softest. The market for remittances to Latin America remains resilient. Transaction volumes can impact margins, with larger individual send amounts sometimes leading to lower money transfer fees and affecting foreign exchange profit.

International Money Express, Inc. (IMXI) is an omnichannel money remittance services company facilitating cross-border transfers. It operates in the Financial Services sector, specifically Transaction & Payment Processing Services and Miscellaneous Commercial Services. IMXI's services include retail cash remittance via a vast agent network, digital money transfer through its online platform, ancillary financial processing solutions, foreign exchange (FX) margin generation, and B2B partnerships providing access to its technology and compliance framework.

International Money Express, Inc. primarily focuses on the remittance corridor from the U.S. and Canada to Latin America and the Caribbean, including Mexico and Guatemala. It also operates in Spain, Italy, the United Kingdom, and Germany, serving over 60 countries, including parts of Africa and Asia. The company is headquartered in Miami, Florida, with international offices in Puebla, Mexico, Guatemala City, Guatemala, London, England, and Madrid, Spain.

The Intermex brand is known for its speed, cost-effectiveness, and reliability in facilitating secure financial connections for immigrant communities. The company's market message consistently emphasizes these attributes. There were no specific negative events directly impacting the company's brand reputation with customers reported in the past year, although shareholder alerts regarding the proposed acquisition price by Western Union were noted.

International Money Express, Inc. has a mixed ownership structure. Institutional investors hold a significant portion, ranging from approximately 41.37% to 71.42% of the company's stock. Insiders hold approximately 6.18% to 6.81% of the stock. Retail investors hold around 21.76% of the stock. Major institutional owners include BlackRock, Inc., Alliancebernstein L.P., and Vanguard Group Inc. Key individual owners (insiders) include Justin B. Wender and Robert Lisy (CEO).