In the final quarter of 2024, International Money Express Inc. (NASDAQ: IMXI) reported a robust financial performance with a quarterly revenue of $164.8 million, contributing to an annual total of $658.6 million. The company demonstrated resilience in the face of economic headwinds, particularly in the digital sector. A significant highlight was the surge in digital transactions, which saw a remarkable 71.7% year-over-year increase. This growth underscores the effectiveness of Intermex's multi-channel strategy and its commitment to expanding its digital footprint.

The company's profitability also showed positive trends. In Q4, adjusted EBITDA reached $30.9 million, representing a margin of 18.8%, while full-year adjusted EBITDA amounted to $121.3 million. Additionally, the adjusted diluted earnings per share (EPS) for the fourth quarter climbed to $0.57, marking a 1.8% increase compared to the previous year. These figures reflect Intermex's strong operational efficiency and financial discipline. However, challenges persist in the retail segment, where increased competition has led to negative growth. Despite this, Intermex remains committed to leveraging its digital capabilities to drive overall business expansion.

Looking ahead, Intermex anticipates a challenging macroeconomic environment, especially in key Latin American markets. The company projects full-year revenue between $657.5 million and $677.5 million, with adjusted diluted EPS ranging from $2.09 to $2.26 and adjusted EBITDA expected to be between $113.8 million and $117.3 million. While external factors such as immigration policy changes introduce uncertainty, Intermex remains focused on strategic investments in both digital and retail sectors. By prioritizing shareholder value and optimizing operations, the company is well-positioned to navigate these challenges and continue delivering sustainable growth.

Intermex's acquisition of Amigo Paisano exemplifies its proactive approach to enhancing market position. This strategic move not only increases gross margins but also brings valuable expertise and cost efficiencies. Moreover, the company's emphasis on optimizing digital marketing strategies and reducing customer acquisition costs further strengthens its competitive edge. Through prudent financial management and a forward-looking vision, Intermex is poised to thrive in an evolving remittance landscape, ensuring long-term success and stability for all stakeholders.