Professional
Added to YB: 2024-11-15
Pitch date: 2024-11-14
IMXI [neutral]
International Money Express, Inc.
-27.58%
current return
Author Info
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Company Info
International Money Express, Inc., together with its subsidiaries, operates as an omnichannel money remittance services company in the United States, Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia.
Market Cap
$448.8M
Pitch Price
$21.32
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.59
P/E
11.71
EV/Sales
0.77
Sector
Financial Services
Category
special_situation
International Money Express: Strong Financials and Activist Support Drive Buyout Prospects
IMXI (special sit): Announced strategic review, likely going private. Steady growth, high profitability & returns. ~9x FY24e P/E with 10%+ earnings growth potential. Activist Voss Capital owns ~6%. Share price recovered after August correction, but still attractive for potential buyout.
Read full article (1 min)