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International Money Express, Inc.'s (NASDAQ:IMXI) CEO Compensation Is Looking A Bit Stretched At The Moment

Simply Wall St ·  Jun 16 20:16

Key Insights

  • International Money Express will host its Annual General Meeting on 21st of June
  • Salary of US$1.00m is part of CEO Bob Lisy's total remuneration
  • The overall pay is 93% above the industry average
  • Over the past three years, International Money Express' EPS grew by 24% and over the past three years, the total shareholder return was 34%

CEO Bob Lisy has done a decent job of delivering relatively good performance at International Money Express, Inc. (NASDAQ:IMXI) recently. In light of this performance, CEO compensation will probably not be the main focus for shareholders as they go into the AGM on 21st of June. However, some shareholders may still be hesitant of being overly generous with CEO compensation.

Comparing International Money Express, Inc.'s CEO Compensation With The Industry

Our data indicates that International Money Express, Inc. has a market capitalization of US$682m, and total annual CEO compensation was reported as US$6.1m for the year to December 2023. That's a modest increase of 4.9% on the prior year. While we always look at total compensation first, our analysis shows that the salary component is less, at US$1.0m.

On examining similar-sized companies in the American Diversified Financial industry with market capitalizations between US$400m and US$1.6b, we discovered that the median CEO total compensation of that group was US$3.2m. This suggests that Bob Lisy is paid more than the median for the industry. Moreover, Bob Lisy also holds US$21m worth of International Money Express stock directly under their own name, which reveals to us that they have a significant personal stake in the company.

Component20232022Proportion (2023)
Salary US$1.0m US$1.0m 16%
Other US$5.1m US$4.8m 84%
Total CompensationUS$6.1m US$5.8m100%

On an industry level, roughly 16% of total compensation represents salary and 84% is other remuneration. Our data reveals that International Money Express allocates salary more or less in line with the wider market. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.

ceo-compensation
NasdaqCM:IMXI CEO Compensation June 16th 2024

A Look at International Money Express, Inc.'s Growth Numbers

International Money Express, Inc. has seen its earnings per share (EPS) increase by 24% a year over the past three years. Its revenue is up 15% over the last year.

Overall this is a positive result for shareholders, showing that the company has improved in recent years. This sort of respectable year-on-year revenue growth is often seen at a healthy, growing business. Historical performance can sometimes be a good indicator on what's coming up next but if you want to peer into the company's future you might be interested in this free visualization of analyst forecasts.

Has International Money Express, Inc. Been A Good Investment?

Boasting a total shareholder return of 34% over three years, International Money Express, Inc. has done well by shareholders. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.

To Conclude...

Seeing that the company has put up a decent performance, only a few shareholders, if any at all, might have questions about the CEO pay in the upcoming AGM. Still, not all shareholders might be in favor of a pay raise to the CEO, seeing that they are already being paid higher than the industry.

Shareholders may want to check for free if International Money Express insiders are buying or selling shares.

Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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