7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-09-30 
      
    		                            
      cash flows from operating activities:
    		                            
      net income
    		4,963,000 11,007,000 7,769,000 15,385,000 17,297,000 14,033,000 12,106,000 17,499,000 14,832,000 15,422,000 11,762,000 13,067,000 16,626,000 15,984,000 11,654,000 13,132,000 11,507,000 13,227,000 8,977,000 9,620,000 9,498,000 8,978,000 5,688,000 5,341,000 4,038,000 7,074,000 3,156,000 -12,028,727 
      adjustments to reconcile net income to net cash from operating activities:
    		                            
      depreciation and amortization
    		4,410,000 4,454,000 3,629,000 3,664,000 3,382,000 3,371,000 3,228,000 3,355,000 3,473,000 3,135,000 2,903,000 2,758,000 2,278,000 2,251,000 2,183,000 2,450,000 2,362,000 2,344,000 2,335,000 2,749,000 2,698,000 2,691,000 2,690,000 3,203,000 3,179,000 3,155,000 3,152,000  
      share-based compensation
    		2,759,000 2,133,000 2,112,000 186,000 2,312,000 2,392,000 2,153,000 1,894,000 2,274,000 2,245,000 1,698,000 1,560,000 2,625,000 1,665,000 1,268,000 1,219,000 1,112,000 1,374,000 896,000 1,028,000 801,000 686,000 722,000 715,000 634,000 634,000 626,000  
      benefit from credit losses
    		2,154,000 1,858,000 2,066,000 1,375,000 1,665,000 1,776,000 1,595,000 1,227,000 1,830,000 1,155,000 785,000 550,000 524,000 1,056,000 442,000 528,000 342,000 505,000 162,000          
      debt origination costs amortization
    		258,000 256,000 256,000 528,000 286,000 301,000 301,000 301,000 301,000 282,000 246,000 246,000 245,000 254,000 253,000 249,000 241,000 185,000 200,000 196,000 188,000 188,000 188,000 188,000 188,000 183,000 175,000  
      loss on debt extinguishment
    		                            
      deferred income tax benefit
    		1,745,000 -1,109,000 -268,000 662,000 275,000 -883,000 -502,000 -1,664,000 -214,000 -122,000 -623,000 873,000 -1,046,000 -381,000 51,000    -144,000    382,000      
      non-cash lease expense
    		1,727,000 1,748,000 1,745,000 1,763,000 1,741,000 1,722,000 1,802,000 1,883,000 1,891,000 2,010,000 2,064,000 1,474,000 632,000 531,000 468,000              
      loss on disposal of property and equipment
    		604,000 258,000 249,000 277,000 250,000 665,000 400,000 306,000 639,000 442,000 398,000 155,000 199,000 294,000 140,000 112,000 1,142,000 104,000 65,000 83,000 205,000 74,000 57,000 83,000 69,000 62,000 51,000  
      total adjustments
    		13,657,000 9,598,000 9,789,000 8,183,000 10,183,000 9,344,000 8,977,000 6,660,000 10,194,000 9,026,000 7,471,000 7,616,000 5,457,000 5,670,000 4,805,000 4,619,000 5,164,000 5,364,000 3,514,000 4,557,000 4,866,000 4,279,000 4,776,000 5,935,000 4,589,000 5,111,000 4,151,000  
      changes in operating assets and liabilities:
    		                            
      accounts receivable
    		20,326,000 -13,387,000 -25,911,000 17,679,000 71,698,000 -52,264,000 4,485,000 6,947,000 -41,504,000 -21,118,000 26,432,000 -13,764,000 -3,525,000 -11,793,000 -19,546,000 29,556,000 -27,228,000 -4,236,000 -11,938,000 4,614,000 -209,000 -22,229,000 744,000 13,569,000 38,637,000 -6,638,000 -51,223,000  
      prepaid wires
    		935,000 10,078,000 17,151,000 -18,796,000 -14,575,000 4,396,000 4,518,000 56,329,000 34,264,000 -6,794,000 -15,433,000 14,655,000 -47,312,000 -41,666,000 41,879,000 -42,448,000 -264,000 74,988,000 -36,163,000 -43,371,000 -3,862,000 2,364,000 9,271,000 -8,454,000 -695,000 -1,540,000 19,494,000  
      prepaid expenses and other assets
    		-4,983,000 -717,000 726,000 224,000 475,000 -353,000 5,347,000 -3,499,000 -2,580,000 -3,990,000 3,217,000 -3,091,000 -1,322,000 134,000 360,000 -145,000 -4,905,000 -1,246,000 -59,000 -1,570,000 -575,000 -232,000 1,240,000      
      wire transfers and money orders payable
    		-51,039,000 27,730,000 29,774,000 -19,048,000 -43,867,000 14,814,000 11,821,000 -35,753,000 54,705,000 6,628,000 -21,593,000 1,576,000 12,608,000 2,318,000 3,232,000 -3,410,000 4,908,000 12,680,000 548,000 -7,373,000 817,000        
      lease liabilities
    		-1,942,000 -2,126,000 -1,993,000 -1,816,000 -1,337,000 -1,344,000 -1,355,000 -811,000 -1,263,000 -1,688,000 -2,473,000 2,607,000 -976,000 -457,000 -580,000              
      accounts payable and accrued and other liabilities
    		-10,592,000 -2,281,000 3,977,000 -6,694,000 -10,572,000 -8,196,000 2,337,000 13,713,000 13,784,000 1,364,000 -8,225,000 2,356,000 4,036,000 1,086,000 -8,520,000 16,089,000 1,233,000 1,919,000 2,715,000 1,046,000     4,460,000 2,190,000 2,363,000  
      net cash from operating activities
    		-28,675,000 39,902,000 41,282,000 -4,883,000 29,302,000 -19,570,000 48,236,000 61,085,000 82,432,000 -1,150,000 1,158,000 25,022,000 -14,408,000 -28,724,000 33,284,000 17,393,000 -9,585,000 102,696,000 -32,406,000 -32,477,000 10,124,000 2,693,000 18,780,000 -4,613,000 25,061,000 2,871,000 29,215,000 31,875,040 
      capex
    		-6,868,000 -4,570,000 -5,275,000 -3,937,000 -5,910,000 -6,670,000 -13,480,000 -5,092,000 -3,160,000 -2,432,000 -2,119,000 -3,018,000 -2,513,000 -2,326,000 -4,316,000 -5,065,000 -2,342,000 -1,251,000 -1,930,000 -1,292,000 -1,179,000 -690,000 -901,000 -2,652,000 -1,404,000 -1,220,000 -1,193,000 0 
      free cash flows
    		-35,543,000 35,332,000 36,007,000 -8,820,000 23,392,000 -26,240,000 34,756,000 55,993,000 79,272,000 -3,582,000 -961,000 22,004,000 -16,921,000 -31,050,000 28,968,000 12,328,000 -11,927,000 101,445,000 -34,336,000 -33,769,000 8,945,000 2,003,000 17,879,000 -7,265,000 23,657,000 1,651,000 28,022,000 31,875,040 
      cash flows from investing activities:
    		                            
      purchases of property and equipment
    		-6,868,000 -4,570,000 -5,275,000 -3,937,000 -5,910,000 -6,670,000 -13,480,000 -5,092,000 -3,160,000 -2,432,000 -2,119,000 -3,018,000 -2,513,000 -2,326,000 -4,316,000 -5,065,000 -2,342,000 -1,251,000 -1,930,000 -1,292,000 -1,179,000 -690,000 -901,000 -2,652,000 -1,404,000 -1,220,000 -1,193,000  
      proceeds from sale of real estate property
    		                            
      cash from business acquisition, net of cash and cash equivalents acquired
    		       0 0                    
      acquisition of agent locations
    		-1,011,000 -150,000 -38,000 -150,000        0 0           0 0 0 -250,000  
      net cash from investing activities
    		-7,472,000 -4,720,000 -5,313,000 -16,087,000 -7,709,000 -6,670,000 -13,480,000 -5,092,000 -3,160,000 -7,909,000 -2,119,000 -3,149,000 -2,513,000 -2,551,000 -4,316,000 -5,250,000 -2,342,000 -1,251,000 -1,930,000 -1,292,000 -1,179,000 -690,000 -901,000 -2,652,000 -1,404,000 -1,220,000 -1,443,000  
      cash flows from financing activities:
    		                            
      repayments of term loan facility
    		   0 -72,188,000 -1,640,000 -1,641,000 -1,641,000 -1,640,000 -1,094,000 -1,094,000 -1,094,000 -1,093,000 -1,094,000 -1,094,000 -1,093,000 -1,094,000 -40,126,000 -1,915,000          
      borrowings under revolving credit facility
    		2,051,600,000 2,119,000,000 1,916,000,000 2,082,750,000 910,450,000 54,500,000 -28,500,000  8,000,000          15,000,000          
      repayments under revolving credit facility
    		-2,037,800,000 -2,122,251,000 -1,925,235,000 -2,064,350,000       -55,000,000                  
      debt origination costs
    		   0     0        0       0 0    
      payments from exercise of stock options
    		                            
      payments for stock-based awards
    		-117,000 -13,000 -929,000 -1,332,000 -96,000 558,000 -1,598,000         0             
      repurchases of common stock
    		0 -11,353,000 -4,981,000 -20,192,000 -20,318,000 -11,199,000 -23,423,000 -25,643,000 -10,106,000 -22,931,000 -7,584,000 -10,000,000 -30,106,000 -10,000,000 -3,628,000 -4,361,000             
      other financing activities
    		                            
      net cash from financing activities
    		13,629,000 -14,622,000 -15,145,000 -2,970,000 -97,168,000 40,998,000 -55,064,000 -39,947,000 -3,719,000 70,335,000 -63,789,000 22,048,000 7,622,000 -11,178,000 -4,434,000 -4,883,000 -2,385,000 -16,867,000 14,519,000 -434,000 -1,896,000 -1,915,000 -1,915,000 -994,000 -36,277,000 20,452,000 -16,125,000 -4,022,874 
      effect of exchange rate changes on cash and cash equivalents
    		-616,000 2,399,000 437,000 -2,168,000 -1,023,000 -344,000 -100,000 710,000 -478,000 643,000 710,000                  
      net increase in cash and cash equivalents
    		-23,134,000 22,959,000 21,261,000 -26,108,000    16,756,000   -64,040,000                  
      cash and cash equivalents, beginning of period
    		0 0 130,503,000  0 0 239,203,000  0 0 149,493,000                  
      cash and cash equivalents, end of period
    		-23,134,000 22,959,000 151,764,000  -76,598,000 14,414,000 218,795,000  75,075,000 61,919,000 85,453,000                  
      repayments of other debt
    		                            
      proceeds from exercise of stock options
    		      98,000  134,000    887,000 -74,000 561,000  763,000            
      fair value of contingent consideration
    		       -642,000 0                    
      cash from business acquisitions, net of cash and cash equivalents acquired
    		                            
      cash from asset acquisitions
    		                            
      (payments) proceeds from exercise of options
    		                            
      cash and cash equivalents, beginning of the year
    		                            
      cash and cash equivalents, end of the year
    		                            
      (payments) proceeds from exercise of stock options
    		    300,000                        
      net decrease in cash and cash equivalents
    		     14,414,000 -20,408,000                      
      borrowings under term loan facility
    		               0 0            
      borrowings under revolving loan
    		                            
      payment of debt origination costs
    		                            
      proceeds from exercises of options
    		                            
      payments for stock awards
    		        -107,000 -38,000 -834,000  -5,066,000 -10,000 -273,000              
      proceeds from exercises of stock options
    		          723,000                  
      effect of exchange rate changes on cash
    		            -249,000 -184,000 229,000 82,000 -272,000 51,000 -3,000 43,000 33,000 59,000 -243,000 187,000 -75,000 42,000 63,000  
      net increase in cash
    		            -9,548,000 -42,637,000 24,763,000 7,342,000 -14,584,000 84,629,000 -19,820,000 -34,160,000 7,082,000 147,000 15,721,000      
      cash, beginning of period
    		            0 0 132,474,000  0 0 74,907,000  0        
      cash, end of period
    		            -9,548,000 -42,637,000 157,237,000  -14,584,000 84,629,000 55,087,000  7,082,000        
      supplemental disclosure of cash flow information:
    		                            
      cash paid for interest
    		            1,305,000 770,000 698,000 726,000 771,000 1,031,000 1,138,000 1,337,000 1,342,000 1,448,000 1,685,000 2,988,000 1,997,000 888,000 2,895,000  
      cash paid for income taxes
    		            10,925,000 5,963,000 2,804,000 889,000 3,742,000 8,750,000 75,000 3,817,000 4,920,000 1,571,000 832,000 2,320,000 1,490,000    
      issuance of common stock for cashless exercise of options
    		            7,882,000       0 126,000 0 4,000 17,000     
      non-cash lease liabilities arising from obtaining right-of-use assets
    		            5,780,000 -5,360,000 5,613,000              
      right-of-use asset adjustments due to lease modifications
    		                            
      deferred income tax provision
    		               61,000 -35,000   121,000 654,000        
      repayments under revolving loan
    		                          -15,000,000  
      proceeds from exercise of options
    		                  1,434,000 1,481,000         
      cash paid in warrant exchange
    		                       0 0    
      cash, beginning of the year
    		                            
      cash, end of the year
    		                            
      supplemental disclosure of non-cash investing activity:
    		                            
      agent business acquired in exchange for receivables
    		                       0 0    
      supplemental disclosure of non-cash financing activity:
    		                            
      issuance of common stock for cashless exercise of stock options
    		                            
      benefit from bad debt
    		                   380,000 320,000     192,000 360,000  
      debt extinguishment costs
    		                            
      borrowings under term loan
    		                       0 0    
      repayments of term loan
    		                   -1,915,000 -1,916,000 -1,915,000 -1,915,000 -1,277,000     
      (repayments) borrowings under revolving loan
    		                            
      proceeds from reverse recapitalization
    		                            
      cash consideration to intermex shareholders
    		                          -101,659,000  
      supplemental disclosure of non-cash financing activities:
    		                            
      intermex transaction accruals settled by acquisition proceeds
    		                            
      net assets acquired in the merger
    		                            
      accounts payable and accrued other liabilities
    		                     1,643,000 -3,697,000      
      benefit from bad debts
    		                      737,000 455,000     
      wire transfers and money orders payables
    		                      758,000    50,505,000  
      cash, beginning of the period
    		                      86,117,000      
      cash, end of the period
    		                      101,838,000      
      net cash from business acquisition
    		                            
      common dividend distributions
    		                            
      net increase in cash and restricted cash
    		                       -8,072,000 -12,695,000 22,145,000 11,710,000  
      cash and restricted cash, beginning of the period
    		                       0 0 0 73,029,000  
      cash and restricted cash, end of the period
    		                       -8,072,000 -12,695,000 22,145,000 84,739,000  
      restricted cash at end of period
    		                            
      other prepaid expenses and assets
    		                        207,000 -43,000 769,000  
      deferred taxes
    		                         885,000 -213,000  
      borrowings (repayments) under revolving loan
    		                            
      repayment of term loan
    		                         -1,277,000 -1,125,000  
      cash balance available to intermex prior to the consummation of the merger
    		                          110,726,000  
      less:
    		                            
      intermex merger costs paid from acquisition proceeds at closing
    		                          -9,062,000  
      net cash proceeds from reverse recapitalization
    		                          5,000  
      other fintech assets acquired and liabilities assumed in the merger:
    		                            
      prepaid expenses
    		                          76,000  
      accrued liabilities
    		                          -136,000  
      deferred tax assets
    		                          982,000  
      net equity infusion from fintech
    		                          9,989,000  
      accounts payable and accrued other
    		                            
      net cash from acquisition
    		                            
      interest earned on held-to-maturity securities held in trust account
    		                            
      prepaid expenses and other current assets
    		                            
      accrued expenses
    		                            
      income taxes payable
    		                            
      investment of cash in trust account
    		                            
      cash deposited into trust account
    		                            
      cash withdrawn from trust account
    		                            
      net cash from (used) in investing activities
    		                            
      proceeds from sale of units, net of underwriting discounts paid
    		                            
      proceeds from sale of placement units
    		                            
      proceed from issuance of common stock to initial stockholders
    		                            
      advances from related party
    		                            
      proceeds from promissory note – related party
    		                            
      repayment of promissory note – related party
    		                            
      payment of offering costs
    		                            
      net change in cash
    		                            
      cash – beginning of period
    		                            
      cash – ending of period
    		                            
      non-cash investing and financing activities:
    		                            
      deferred underwriting fees charged to additional paid in capital
    		                            
      deferred legal fees charged to additional paid in capital
    		                            
      initial classification of common stock subject to possible redemption
    		                            
      change in value of common stock subject to possible redemption
    		                            
      ●
    		                            
      interest earned on marketable securities held in trust account
    		                            
      proceeds from sale of private placement units
    		                            
      proceeds from collection of notes receivable from stockholders
    		                            
      cash – beginning
    		                            
      cash – ending
    		                            
      deferred offering costs included in accrued expenses
    		                            
      issuance of stock for notes receivable from stockholders
    		                            
      f-7
    		                            
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.