How did IMXI's revenue and expenses trend in Q4 2024?
5/8/2025 10:20pm
International Money Express (IMXI) demonstrated robust revenue generation and effective cost management in Q4 2024, underscoring its strong financial performance during the period.
1. **Revenue Trend**: IMXI's revenue for Q4 2024 was $554.8 million. This figure underscores the company's continued success in generating income, likely due to its focus on wire transfer and money order fees, which are core services that drive its revenue.
2. **Expense Management**: The company's net income for Q4 2024 was $15.39 million. This indicates that IMXI was able to manage its expenses effectively, as the net income reflects the revenue minus the operating, selling, general, and administrative expenses, which were $34.66 million during the quarter. The fact that the net income is positive and substantial relative to the revenue suggests that IMXI is managing its costs efficiently.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|IMXI|IMXI.O|International Money Express|20240101-2024|Other|1.4904E7|186|
|IMXI|IMXI.O|International Money Express|20240101-2024|Other|9432000|186|
|IMXI|IMXI.O|International Money Express|20240101-2024|Other|6039000|186|
|IMXI|IMXI.O|International Money Express|20240101-2024|Other|3145000|186|
|IMXI|IMXI.O|International Money Express|20240101-2024|Foreign exchange|2.0346E7|186|
|IMXI|IMXI.O|International Money Express|20240101-2024|Other|3145000|186|
|IMXI|IMXI.O|International Money Express|20240101-2024|Wire Transfer and Money Order Fees|1.26921E8|186|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|IMXI|IMXI.O|International Money Express|2024 Q1|2.9246726747151843|1.2106E7|186|
|IMXI|IMXI.O|International Money Express|2024 Q2|-9.006613928154584|1.4033E7|186|
|IMXI|IMXI.O|International Money Express|2024 Q3|16.61947141316073|1.7297E7|186|
|IMXI|IMXI.O|International Money Express|2024 Q4|-12.080690325161438|1.5385E7|186|
|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|Operating Expenses|market_code|
|---|---|---|---|---|---|---|
|IMXI|IMXI.O|International Money Express|2024 Q1|3.2892E7||186|
|IMXI|IMXI.O|International Money Express|2024 Q2|3.2547E7||186|
|IMXI|IMXI.O|International Money Express|2024 Q3|3.2747E7||186|
|IMXI|IMXI.O|International Money Express|2024 Q4|3.466E7||186|
In conclusion, IMXI's revenue and expenses trend in Q4 2024 reflect a strong financial performance, with the company generating substantial revenue and managing its expenses effectively to maintain a healthy net income. This bodes well for the company's financial health and its ability to invest in growth opportunities.