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International Money Express (International Money Express) Operating Margin % : 16.64% (As of Dec. 2023)


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What is International Money Express Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. International Money Express's Operating Income for the three months ended in Dec. 2023 was $28.1 Mil. International Money Express's Revenue for the three months ended in Dec. 2023 was $168.9 Mil. Therefore, International Money Express's Operating Margin % for the quarter that ended in Dec. 2023 was 16.64%.

Good Sign:

International Money Express Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for International Money Express's Operating Margin % or its related term are showing as below:

IMXI' s Operating Margin % Range Over the Past 10 Years
Min: 0.91   Med: 14.02   Max: 15.85
Current: 14.77


IMXI's Operating Margin % is ranked better than
81.94% of 2752 companies
in the Software industry
Industry Median: 3.19 vs IMXI: 14.77

International Money Express's 5-Year Average Operating Margin % Growth Rate was 20.80% per year.

International Money Express's Operating Income for the three months ended in Dec. 2023 was $28.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $95.9 Mil.


International Money Express Operating Margin % Historical Data

The historical data trend for International Money Express's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

International Money Express Operating Margin % Chart

International Money Express Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only 11.48 14.91 15.10 15.85 14.77

International Money Express Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.24 13.12 14.82 14.26 16.64

Competitive Comparison of International Money Express's Operating Margin %

For the Software - Infrastructure subindustry, International Money Express's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


International Money Express's Operating Margin % Distribution in the Software Industry

For the Software industry and Technology sector, International Money Express's Operating Margin % distribution charts can be found below:

* The bar in red indicates where International Money Express's Operating Margin % falls into.



International Money Express Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

International Money Express's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=95.935 / 649.448
=14.77 %

International Money Express's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=28.102 / 168.854
=16.64 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


International Money Express  (NAS:IMXI) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


International Money Express Operating Margin % Related Terms

Thank you for viewing the detailed overview of International Money Express's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


International Money Express (International Money Express) Business Description

Traded in Other Exchanges
N/A
Address
9480 South Dixie Highway, Miami, FL, USA, 33156
International Money Express Inc is a processor of money transfer services in the USA to the Latin America corridor (LAC). The company offers services in approximately 50 states and Latin American countries. Computer and telephone-based options are available for convenient wire transfers. The company offers wire transfer, money order, Foreign exchange, and cash checking services, while the majority of the revenue is derived from wire transfer and money order fees. The firm's business is organized around one reportable segment that provides money remittance services primarily between the U.S. and Canada to Mexico, Guatemala, and other countries in Latin America, Africa, and Asia.
Executives
Robert Lisy director, officer: CEO, President and Chairman INTERNATIONAL MONEY EXPRESS, INC., 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Christopher D. Hunt officer: Chief Operating Officer 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
John Rincon director INTERNATIONAL MONEY EXPRESS, INC., 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Adam P Godfrey director, 10 percent owner, other: Member of 10% Owner Group ATTN.: PAUL KARDISH, 3101 PACKERLAND DRIVE, GREEN BAY WI 54313
Justin B Wender director, 10 percent owner, other: Member of 10 % Onwer Group 150 EAST 58TH STREET, NEW YORK NY 10155
Joseph Aguilar officer: Chief Operating Officer 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Andras Quinn Bende officer: Chief Financial Officer 9481 S DIXIE HIGHWAY, MIAMI FL 33156
Ernesto Luciano officer: General Counsel, CLO & Sec 9480 S DIXIE HIGHWAY, MIAMI FL 33156
Fernandez Bernardo B. Jr. director 9480 S DIXIE HIGHWAY, MIAMI FL 33156
Debra A Bradford director
Michael J. Purcell director C/O PATRIOT NATIONAL, INC., 401 E. LAS OLAS BLVD., SUITE 1650, FORT LAUDERDALE FL 33301
Laura I Maydon director 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Jose Perez-villarreal officer: CAO & Chief Compliance Officer INTERNATIONAL MONEY EXPRESS, INC., 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Stella Point Capital Llc 10 percent owner, other: Member of 10% Owner Group 444 MADISON AVENUE, 25TH FLOOR, NEW YORK NY 10022
Spc Intermex Representative Llc 10 percent owner, other: Member of 10% Owner Group 444 MADISON AVENUE, 25TH FLOOR, NEW YORK NY 10022