International Money Express

Q2 FY2026 EarningsQ2 FY26 missed consensus estimates across all key financial metrics, with revenue of $131.2M falling 8.66% short of expectations. The performance was primarily impacted by a 12.0% YoY contraction in retail remittance volumes within the LAC corridor, which was only partially offset by a 187% increase in Remittance-as-a-Service (RaaS) principal. Adjusted EPS of $0.23 missed the $0.30 mean estimate by 23.3%, while the pending merger with Western Union remains the primary anchor for valuation despite the underlying operational weakness.