Intermex reported a challenging second quarter in 2025, with total revenues decreasing by 6.1% to $161.1 million, primarily due to a reduction in money transfer transactions. Despite this, the company saw an increase in foreign exchange gains and higher growth in digital products. Net income fell by 21.4% to $11.0 million, and diluted EPS decreased by 11.9% to $0.37. Adjusted EBITDA also declined by 7.4% to $28.8 million.
Total revenues for Q2 2025 were $161.1 million, a 6.1% decrease compared to Q2 2024, mainly driven by fewer money transfer transactions.
Net income for the quarter was $11.0 million, a 21.4% decrease, and diluted EPS was $0.37, down 11.9%, impacted by revenue declines, transaction costs, and higher amortization.
Adjusted EBITDA decreased by 7.4% to $28.8 million, reflecting the overall revenue and cost pressures.
The company ended Q2 2025 with $174.7 million in cash and cash equivalents, and Net Free Cash Generated increased by 10.5% to $14.7 million for the quarter.
Due to the pending acquisition by Western Union, Intermex is no longer providing financial guidance.