International Money Express, Inc. · NASDAQ:IMXI
International Money Express — Q3 2019 Earnings Presentation
15 slides from International Money Express's earnings presentation, Nov 12, 2019
Slide 1: Third Quarter 2019 Earnings Presentation
Third Quarter 2019Earnings Presentation November 2019 Exhibit 99.2
Slide 2: Forward-looking statements
This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect our current view with respect to certain events that could have an effect on our futu
Slide 3: 2019 Strategic Priorities and Business Updates
Priority #1 remains driving core growth initiativesLong runway ahead in brick & mortar Core expansion in both growth and stronghold statesContinued growth opportunity in secondary and tertiary Latin American marketsExpanding our breadth and depth of service Africa and Canada businesses performing wi
Slide 4: Review of Key Performance Indicators
Revenue growth of 17.7% year-over-year Adjusted EBITDA(1) growth of 22.4% year-over-year Intermex continues to aggregate share in Mexico / Guatemala Growth initiatives across new products and markets Revenue Adj. EBITDA Market Share Expansion Net income of $4.0 million versus ($13.4) million loss in
Slide 5: Intermex Growth Story
Intermex Growth Story Money Transfer Transactions Volume (# In millions) ($ in millions) Adjusted EBITDA reflects add-backs for one-time, non-recurring items. Please see page 15 for detail on adjustments to EBITDA and a reconciliation of Net Income to Adjusted EBITDA Revenue Adjusted EBITDA(1) ($ in
Slide 6: LAC Market Landscape
2014 2018 3Q19 14.0% 24.0%(3) 25.7%(3) All Others 86.0% 76.0% 74.3% 2014 2018 3Q19 7.9% 17.4%(3) 18.2%(3) All Others 92.1% 82.6% 81.8% LAC Market Landscape Intermex enjoys a strong and growing position across key target markets Intermex Share of Key Target Markets (2) Total Market Size:~$90 Billion
Slide 7: Market Share and Percent of Industry Growth: Tier I Countries
Mexico Remittance Volume(1) ($MM) Guatemala Remittance Volume(1) ($MM) Intermex Volume Growth All Others Volume Growth Intermex Market Share Intermex outperforms market growth in its core markets of Mexico and Guatemala.A consistent and large portion of the growth in the Mexico market is captured by
Slide 8: Market Share and Percent of Industry Growth: Tier II Countries
El Salvador Remittance Volume(1) ($MM) Honduras Remittance Volume(1) ($MM) Intermex Volume Growth All Others Volume Growth Source: Banco Central de El Salvador and Banco Central de Honduras – US originating Volume Intermex Market Share 93%7% 86%14% 67%33% 73%27% 55%45% 75%25% 62% 77%23% 55%45% 89%11
Slide 9: Third quarter key metrics growth
Generated impressive year-over-year growth of key metrics:17.7% revenue growth22.4% Adjusted EBITDA growth(1)20.6% growth in remittance volumeAdjusted net income of $9.5 million or $0.25 adjusted earnings per share(1)Net income of $4.0 million vs. ($13.4) million loss in Q3 2018Adjusted EBITDA margi
Slide 10: Updating 2019 Financial Guidance
A quantitative reconciliation of projected 2019 Adjusted EBITDA to the most comparable GAAP measure is not available without unreasonable efforts because of the inherent difficulty in forecasting and qualifying the amounts necessary under GAAP guidance for one-time, non-recurring items including, wi
Slide 11: Appendix
y intermex, INTERNATIONAL MONEY EXPRESS V Appendix
Slide 12: Consolidated Balance Sheets
Consolidated Balance Sheets
Slide 13: Consolidated Statements of Operations
Consolidated Statements of Operations
Slide 14: Net Income (Loss) to Adj. Net Income Reconciliation
Net Income (Loss) to Adj. Net Income Reconciliation
Slide 15: Net Income (Loss) to Adj. EBITDA Reconciliation
Net Income (Loss) to Adj. EBITDA Reconciliation
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