International Money Express, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 04, 2021 at 07:45 am EDT
Share
International Money Express, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 116.747 million compared to USD 85.062 million a year ago. Operating income was USD 19.284 million compared to USD 13.876 million a year ago. Net income was USD 13.227 million compared to USD 8.978 million a year ago. Basic earnings per share from continuing operations was USD 0.34 compared to USD 0.24 a year ago.
International Money Express, Inc. is an omnichannel money remittance services company. The Company provides the digital movement of money through a network of agent retailers in the United States, Canada, Spain, Italy and Germany; through Company-operated stores; its mobile application; and the Companyâs Websites. Its remittance services include a suite of ancillary financial processing solutions and payment services available in all 50 states in the United States, Washington D.C., Puerto Rico and 13 provinces in Canada. It offers money remittance services to LAC countries, mainly Mexico and Guatemala, and others. These services involve the movement of funds on behalf of an originating consumer for receipt by a designated beneficiary at a designated receiving location. The money remittance services enable consumers to send funds through its network of locations in the United States and Canada that are primarily operated by third-party businesses.
INTERNATIONAL MONEY EXPRESS, INC. 
