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Sep 30, 2024
Intermex Q1 2025 Earnings Report
Intermex reported solid volume growth and continued execution of its omnichannel strategy in the first quarter of 2025.
Key Takeaways
Intermex reported first-quarter 2025 revenues of $144.3 million, with net income of $7.8 million and diluted EPS of $0.25. Adjusted diluted EPS was $0.35, and adjusted EBITDA was $21.6 million. Despite a challenging economic and political backdrop, the company saw year-over-year volume growth of 3.7%, reflecting the resilience of its consumer base and effective omnichannel strategy.
Revenues for Q1 2025 were $144.3 million, a decrease of 4.1% year-over-year.
Net income for Q1 2025 was $7.8 million, a decrease of 35.5% year-over-year.
Diluted EPS for Q1 2025 was $0.25, a decrease of 28.6% year-over-year.
Adjusted EBITDA for Q1 2025 was $21.6 million, a decrease of 15.0% year-over-year.
Intermex
Intermex
Intermex Revenue by Segment
Revenue by Segment
Wire Transfer & Money Order Fees Revenue
CapyFin.comForeign Exchange Net Revenue
CapyFin.comOther Income Revenue
CapyFin.com Forward Guidance
Intermex is revising its full-year 2025 guidance due to current levels of uncertainty and volatility in market conditions and consumer behavior, and is discontinuing quarterly guidance. The company is executing a long-term strategy of investing in its digital business offerings to increase their contribution to revenue and profitability.
Positive Outlook
- Investing in digital business offerings to increase revenue contribution.
- Investing in digital business offerings to increase profitability.
- Focus on long-term strategic growth.
- Resilient consumer base supporting volume growth.
- Effective omnichannel strategy.
Challenges Ahead
- Uncertainty and volatility affecting market conditions.
- Uncertainty and volatility affecting consumer behavior.
- Difficulty in reliably forecasting short-term results.
- Discontinuation of quarterly guidance due to market dynamics.
- Economic and political backdrop difficult to anticipate.