Intermex Q2 2025 Earnings Report

Intermex reported its second quarter 2025 financial and operating results, with revenues decreasing due to fewer transactions, partially offset by increased foreign exchange gains and digital product growth. Net income and diluted EPS also saw declines, impacted by revenue changes, transaction costs, and higher amortization expenses.

Key Takeaways

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.

Previous year: 15.29M

-7.8%