Aug 08, 2023 / 07:30PM GMT
Alex Markgraff - KeyBanc Capital Markets Inc. - Analyst
We'll do maybe 20 minutes of Q&A and then see if the audience has any questions towards the end. Why don't we just start with just kind of the 30-second intro to Intermex?
Questions and Answers:
Andras Bende - International Money Express, Inc. - CFOYes, 30-second intro: the company was founded in the 1990s, focused on remittances to Latin America. I think it underwent a significant change in the current leadership in 2009 with the real focus on efficiency as a company, generating very efficient agent relationships, which is built over time and also leaning in as a differentiated and value-added provider, which is unique in the industry. So putting itself in a position to premium price and provide a premium service for an industry that often is viewed, we think, incorrectly as a commodity.
Alex Markgraff - KeyBanc Capital Markets Inc. - Analyst
Perfect. Why don't we maybe just start with the macro environment? I think that's the top of mind for --