International Money Express, Inc. (IMXI) Stock — Forensic Analysis, Red Flags & Rating | Stockonomy · Stockonomy
Forensic Analysis · Professional & Commercial Services · as of Aug 12, 2026
International Money Express, Inc. (IMXI)
A forensic read on International Money Express, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Safe
Financial health
6.3
Distress distance
Clean
Earnings quality
3
Forensic signals
14.4
P / E (ttm)
20.3%
ROE
$350M
Market cap
-7.7%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
International Money Express, Inc. earns a D (Weak — demands caution) forensic quality grade, and its balance-sheet distress test reads 6.3, placing it in the Safe zone. 3 forensic signals were flagged in its latest SEC filings, led by accruals ratio (% of noa).
What the filings flag
+15.0%
FY2024→FY2025
Accruals ratio (% of NOA).Net operating assets grew +15.0% relative to their own average in FY2025 — scaled by NOA itself, not total assets (see the Forensic Screens card's differently-scaled Sloan Accrual Ratio for that read). Accruals are building faster than is comfortable — part of profit is sitting in the balance sheet rather than turning to cash. The build is led by payables paid down 22% against -8% in revenue. The cash-flow cross-check is more mixed: reported earnings ran in line with operating cash by 2% of net operating assets, diverging from the balance-sheet accrual read.
103% of FCF
FY2025
Shareholder returns.Returned $16M to shareholders (buybacks + dividends) in FY2025 — 103% of free cash flow. Right at the limit of what free cash flow covers — little room before it's funded by debt or the balance sheet. That ratio has actually been EASING, not tightening further — down from ~1791% of free cash flow a few years back. Counting the $9M of stock-based comp paid out in shares on top of that, the combined claim on free cash flow is 162%.
$1M
FY2025–FY2025
Goodwill impairments.Took $1M of goodwill writedowns across 1 year (FY2025 ($1M)) — about 4% of net income over the span. Writedowns mean past acquisitions underperformed what was paid for them.
Key fundamentals
Latest Revenue$607.8M
Revenue Growth YoY-7.7%
Revenue CAGR (3yr)+3.6%
Net Margin5.4%
Free Cash Flow$15.8M
Return on Equity20.3%
Debt / Equity1.21x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from International Money Express, Inc.'s actual 10-K/10-Q/8-K filings?