IBEX Ltd (IBEX)
IBEX Limited is a global enterprise that specializes in delivering comprehensive, technology-powered solutions designed to manage the entire customer lifecycle for businesses. Their service portfolio is built around three core solutions: ibex Connect: This customer engagement platform covers vital services such as customer care, technical assistance, revenue generation initiatives, and other outsourced back-office functions. It employs an integrated CX model, leveraging various communication channels including voice, email, chat, SMS, and social media. ibex Digital: Focused on client acquisition, this solution encompasses digital marketing strategies, e-commerce technology, and platform development. ibex CX: Dedicated to optimizing the customer experience, this offering provides proprietary software tools designed to effectively measure, monitor, and enhance client-side customer interactions. Operationally, as of October 1, 2021, the company maintained 33 delivery centers dedicated to customer engagement and an additional three for customer acquisition services. IBEX serves a diverse array of sectors, including banking and financial services, logistics and delivery, health tech and wellness, high technology, retail and e-commerce, streaming and entertainment, travel and hospitality, and utilities. Established in 2017 and headquartered in Washington, D.C., IBEX Limited was previously known as IBEX Holdings Limited before rebranding in September 2019. The company operates as a subsidiary of The Resource Group International Limited.
Sector: Services-Computer Processing & Data Preparation
Industry: Information Technology Services
IBEX Limited
NASDAQ:IBEXTechnology · Information Technology Services
-0.24%$49.40
Prev close$49.52+0.12%Open$49.58-0.36%Now$49.40
Mkt Cap$659.21M
Float10.68M
O/S13.34M
VOL5K sh
$ Vol$257K
RVOL0.05×
Inst Own78.1%
SI1.6%
Dilution
Financials Summary
Revenue$644.08M
Net Income$46.33M
Total Assets$309.13M
Free Cash Flow$31.19M
Debt & Equity
Debt 27%
Equity 73%
Total Debt$62.44M
Total Equity$170.23M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in IBEX's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$309.13M
Liabilities$138.91M
Accounts Receivable$129.52M
Accounts Payable$23M
Inventory$0
PP&E (Net)$96.22M
Goodwill$11.83M
Intangible Assets$0
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 |
| Revenue | $644.08M | $558.27M | $508.57M | $523.12M | $492.85M | $443.39M | $405.13M | $368.38M | $342.2M | $334.03M | $323.02M |
| YoY Growth | 15.4% | 9.8% | -2.8% | 6.1% | 11.2% | 9.4% | 10.0% | 7.7% | 2.4% | 3.4% | - |
| Cost of Revenue | $456.17M | $385.69M | $356.54M | $374.99M | $373.97M | $335.25M | $276.25M | $254.59M | $252.93M | $276.19M | $260.59M |
| Gross Profit | $187.91M | $172.58M | $152.03M | $148.13M | $118.88M | $108.14M | $128.88M | $113.79M | $89.28M | $57.84M | $62.43M |
| Gross Margin | 29.2% | 30.9% | 29.9% | 28.3% | 24.1% | 24.4% | 31.8% | 30.9% | 26.1% | 17.3% | 19.3% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $113.02M | $108.74M | $93.14M | $88.66M | $80.15M | $0 | $350.42M | $321.72M | $332.93M | $306.12M | $281.72M |
| Other | $19.92M | $17.23M | $19.46M | $18.98M | $18.1M | $91.09M | -$241.06M | $39.61M | $30.37M | $28.96M | $27.8M |
| Total Operating Expenses | $132.94M | $125.97M | $112.6M | $107.65M | $98.25M | $91.09M | $109.37M | $361.34M | $363.3M | $335.07M | $309.51M |
| Operating Income (EBIT) | $54.96M | $46.61M | $39.43M | $40.48M | $20.63M | $17.05M | $19.51M | $6.8M | -$17.78M | -$2.33M | $8.56M |
| Operating Margin | 8.5% | 8.3% | 7.8% | 7.7% | 4.2% | 3.8% | 4.8% | 1.8% | -5.2% | -0.7% | 2.7% |
| Interest Expense | -$936K | $1.63M | $514K | $792K | $1.29M | $9.03M | $9.43M | $7.25M | $1.96M | $5.28M | $3.67M |
| Interest Income | $266K | $955K | $2.07M | $640K | $43K | $0 | $0 | $7.25M | $0 | $0 | $0 |
| Other Income (Expense) | -$670K | -$679K | $1.56M | -$152K | -$1.25M | -$1.89M | -$9.43M | -$7.71M | -$3.09M | -$6.39M | -$5.13M |
| Income Before Tax (EBT) | $54.29M | $45.93M | $40.99M | $40.33M | $19.38M | $15.15M | $10.09M | -$904K | -$20.87M | -$8.72M | $3.43M |
| Income Tax Expense | -$7.96M | $9.07M | $7.33M | $8.74M | -$2.08M | $2.06M | $2.31M | $3.62M | -$108K | $295K | $1.86M |
| Net Income | $46.33M | $36.86M | $33.66M | $31.58M | $21.46M | $13.09M | $7.77M | -$4.52M | -$15.88M | -$9.01M | $1.57M |
| Net Income Margin | 7.2% | 6.6% | 6.6% | 6.0% | 4.4% | 3.0% | 1.9% | -1.2% | -4.6% | -2.7% | 0.5% |
| Supplementary Data | |||||||||||
| EPS | 3.45 | 2.51 | 1.90 | 1.74 | 1.18 | 0.16 | 0.44 | -0.26 | -0.90 | -0.51 | 0.09 |
| Diluted EPS | 3.13 | 2.36 | 1.84 | 1.67 | 1.15 | 0.15 | 0.44 | -0.26 | -0.90 | -0.51 | 0.09 |
| Weighted Average OS | 13.41M | 14.68M | 17.70M | 18.20M | 18.23M | 17.65M | 17.69M | 17.69M | 17.69M | 17.69M | 17.69M |
| EBITDA | $77.19M | $64.8M | $60.96M | $60.1M | $38.77M | $38.3M | $43.47M | $28.61M | -$6.5M | $11.51M | $21.22M |
| EBITDA Margin | 12.0% | 11.6% | 12.0% | 11.5% | 7.9% | 8.6% | 10.7% | 7.8% | -1.9% | 3.4% | 6.6% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 |
| Assets | ||||||||||||
| Current Assets | ||||||||||||
| Cash and Cash Equivalents | $32.57M | $15.35M | $62.72M | $57.43M | $48.83M | $57.84M | $21.87M | $8.87M | $13.52M | $21.32M | $9.45M | $5.8M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $32.57M | $15.35M | $62.72M | $57.43M | $48.83M | $57.84M | $21.87M | $8.87M | $13.52M | $21.32M | $9.45M | $5.8M |
| Accounts Receivable | $129.52M | $118.7M | $107.64M | $92.37M | $75.43M | $72.61M | $57.94M | $64.12M | $60.35M | $63.85M | $65.89M | $48.86M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $505K | $0 | $421K |
| Other Current Assets | $17.55M | $2.13M | $1.89M | $2.19M | $10.95M | $673K | $0 | $0 | $2.62M | $3.26M | $5.41M | $3.35M |
| Total Current Assets | $179.64M | $145.62M | $179.96M | $158.61M | $142.35M | $141.37M | $86.04M | $81.78M | $82M | $88.58M | $80.75M | $58.44M |
| Long-Term Assets | ||||||||||||
| Property, Plant & Equipment Net | $96.22M | $94.84M | $89.01M | $112.07M | $125.03M | $106.7M | $84.59M | $82.31M | $18.9M | $22.81M | $23.33M | $17.97M |
| Goodwill | $11.83M | $11.83M | $11.83M | $11.83M | $11.83M | $11.83M | $11.83M | $11.83M | $11.83M | $11.83M | $11.89M | $13.26M |
| Intangible Assets | $0 | $0 | $0 | $0 | $700K | $3.21M | $2.78M | $2.93M | $4.18M | $5.97M | $9.13M | $11.35M |
| Long-Term Investments | $413K | $0 | $0 | $0 | $382K | $258K | $2.94M | $227K | $392K | $294K | $288K | $3.6M |
| Deferred Tax Assets | $7.17M | $7.16M | $4.29M | $4.58M | $9.28M | $4.25M | $2.22M | $2.52M | $5.22M | $4.39M | $3.32M | $2.43M |
| Other Long-Term Assets | $13.86M | $13.76M | $8.82M | $6.23M | $4.61M | $6.66M | $4.83M | $6.71M | $34.56M | $18.35M | $9.74M | $933K |
| Total Long-Term Assets | $129.5M | $127.6M | $113.95M | $134.72M | $151.83M | $132.91M | $109.2M | $106.53M | $75.08M | $63.65M | $57.69M | $49.53M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $309.13M | $273.21M | $293.9M | $293.32M | $294.18M | $274.29M | $195.24M | $188.3M | $157.08M | $152.23M | $138.44M | $107.97M |
| Liabilities | ||||||||||||
| Current Liabilities | ||||||||||||
| Accounts Payable | $23M | $18.69M | $16.72M | $18.7M | $20.3M | $5.98M | $10.35M | $9.93M | $13.15M | $13.69M | $11.18M | $8.39M |
| Short-Term Debt | $0 | $0 | $660K | $413K | $28.89M | $26.72M | $40.14M | $41.84M | $51.18M | $43.3M | $46.55M | $23.77M |
| Current Income Tax Payable | $427K | $1.99M | $6.08M | $3.02M | $2.96M | $3.66M | $3.09M | $1.47M | $1.74M | $0 | $0 | $0 |
| Current Unearned Revenue | $6.38M | $5.5M | $4.75M | $6.41M | $8.6M | $4.08M | $3.47M | $4.39M | $5.66M | $4.92M | $8.17M | $5.37M |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $3.56M | $35.83M | $18.59M | $19.07M | $21.9M | $1M | $0 | $0 |
| Total Current Liabilities | $85.54M | $79.94M | $71M | $73.26M | $97.77M | $105.72M | $105.65M | $111.38M | $116.23M | $99.89M | $99.39M | $67.16M |
| Long-Term Liabilities | ||||||||||||
| Long-Term Debt | $0 | $0 | $867K | $600K | $339K | $1.8M | $3.78M | $7.18M | $9.01M | $14.65M | $12.21M | $11.41M |
| Long-Term Unearned Revenue | $2.08M | $1.13M | $1.13M | $1.38M | $3.99M | $3.01M | $434K | $753K | $708K | $2.5M | $1.38M | $1.2M |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $86K | $117K | $147K | $61.29M | $5.34M | $4.62M | $3.14M |
| Other Long-Term Liabilities | $3.67M | $3.23M | $1.67M | $3.26M | $2.3M | $11.14M | $7.06M | $1.61M | $2.31M | $1.11M | $1.09M | $1.3M |
| Total Long-Term Liabilities | $53.37M | $58.97M | $57.11M | $70.1M | $82.95M | $87.91M | $73.43M | $68.29M | $12.89M | $23.61M | $19.3M | $17.05M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $138.91M | $138.91M | $128.1M | $143.36M | $180.72M | $193.63M | $179.09M | $179.67M | $129.13M | $123.49M | $118.69M | $84.21M |
| Stockholders' Equity | ||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $20M | $20M | $0 | $0 |
| Common Stock | $2K | $1K | $2K | $2K | $2K | $2K | $12K | $12K | $12K | $1K | $1K | $1K |
| Retained Earnings | $72.07M | $25.74M | -$11.12M | -$44.78M | -$76.36M | -$110.68M | -$109.53M | -$117.18M | -$126.06M | -$110.03M | -$70.44M | -$68.53M |
| Comprehensive Income & Other | -$11.49M | -$6.34M | -$7.91M | -$6.31M | $5.79M | $33.18M | $29.46M | $29.59M | $37.8M | $22.55M | $22.34M | $21.36M |
| Other Stockholders' Equity | $98.16M | $108.57M | $176.92M | $194.74M | $189.82M | $191.34M | $125.66M | $125.79M | $154M | $138.77M | $86.55M | $85.57M |
| Total Equity | $170.23M | $134.31M | $165.8M | $149.96M | $113.46M | $80.66M | $16.15M | $8.63M | $27.95M | $28.74M | $16.1M | $17.05M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $20M | $20M | $3.64M | $6.71M |
| Total Liabilities and Equity | $309.13M | $273.21M | $293.9M | $293.32M | $294.18M | $274.29M | $195.24M | $188.3M | $157.08M | $152.23M | $134.8M | $101.26M |
| Supplementary Data | ||||||||||||
| Total Debt | $62.44M | $69.75M | $67.02M | $78.9M | $105.54M | $112.52M | $105.97M | $118.25M | $62.96M | $57.95M | $58.75M | $35.18M |
| Net Debt | $29.88M | $54.41M | $4.3M | $21.47M | $56.71M | $54.67M | $84.1M | $109.38M | $49.44M | $36.63M | $49.3M | $29.37M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 |
| Operating Activities | |||||||||||
| Net Income | $46.33M | $36.86M | $33.66M | $31.58M | $21.46M | $13.09M | $7.77M | $19.41M | -$15.94M | -$8.72M | $3.43M |
| Depreciation & Amortization | $19.92M | $17.23M | $19.46M | $18.98M | $18.1M | $14.12M | $24.47M | $21.8M | $12.42M | $13.83M | $12.65M |
| Deferred Income Tax | -$8K | -$2.88M | $344K | $4.53M | -$5.17M | -$1.91M | $0 | -$13.44M | -$6.24M | -$1.72M | $1.84M |
| Stock-Based Compensation | $7.74M | $5.43M | $3.77M | $4.61M | $1.85M | $5.36M | $359K | $5.26M | $8.94M | $323K | $945K |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | -$8.66M | -$19.26M | $0 | -$12.3M | -$9.71M | -$13.33M | $9.04M | -$18.02M | $758K | $4.01M | -$20.04M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $2.51M | $6.25M | -$2.25M | -$3.75M | $2.31M | -$4.01M | $0 | $9M | $4.41M | $2.34M | $7.49M |
| Other Working Capital | -$24.17M | -$13.29M | -$35.03M | -$17.64M | -$3.87M | -$9.64M | -$1.44M | -$35.2M | -$15.42M | -$9.81M | -$8.41M |
| Total Working Capital Change | -$30.33M | -$26.3M | -$37.28M | -$33.69M | -$11.27M | -$26.98M | $7.61M | -$44.22M | -$10.26M | -$3.46M | -$20.96M |
| Other Non-Cash Items | $15.35M | $15.32M | $15.95M | $15.85M | $15.04M | $12.41M | $11.51M | $13.38M | $5.33M | $6.39M | $5.13M |
| Net Cash from Operating | $59M | $45.67M | $35.9M | $41.86M | $40.01M | $16.08M | $51.72M | $2.2M | -$5.75M | $6.65M | $3.04M |
| Investing Activities | |||||||||||
| Capital Expenditures | -$27.81M | -$18.38M | -$8.86M | -$18.95M | -$25.92M | -$20.82M | -$4.28M | -$6.23M | -$5.76M | -$9.93M | -$10.88M |
| Acquisitions | $0 | $0 | $0 | -$85K | $0 | $0 | $0 | -$3.04M | $182K | $177K | $178K |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$718K | -$653K | $0 | -$880K |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $96K | $82K | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | -$552K | $810K | $715K | $177K | $178K |
| Net Cash from Investing | -$27.81M | -$18.38M | -$8.86M | -$19.04M | -$25.92M | -$20.82M | -$4.83M | -$9.08M | -$5.44M | -$9.75M | -$11.58M |
| Financing Activities | |||||||||||
| Debt Repaid | $1.22M | $953K | $490K | $447K | $818K | $17.16M | $19.2M | -$4.3M | $3.16M | -$9.74M | -$18.61M |
| Common Stock Issuance | $4.01M | $0 | $0 | $0 | $0 | $63.11M | $0 | $206.49M | $0 | $25K | $59K |
| Common Stock Repurchases | -$14.38M | -$78.01M | -$21.56M | -$276K | -$3.41M | $0 | $0 | -$5.97M | $0 | $0 | -$118K |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.6M | -$146K | -$1M | -$6.56M |
| Other Financing Activities | -$2.34M | $4.31M | $366K | $2.05M | $35K | -$1.05M | -$14.67M | $0 | $0 | $190K | $200K |
| Net Cash from Financing | -$13.93M | -$74.66M | -$21.73M | -$13.61M | -$22.13M | $40.9M | -$33.87M | $2.55M | $3.19M | $14.98M | $12.19M |
| Forex Effect | -$51K | -$3K | -$21K | -$610K | -$965K | -$181K | -$20K | -$316K | $197K | $2K | $1K |
| Net Change in Cash | $17.22M | -$47.37M | $5.29M | $8.6M | -$9.01M | $35.97M | $13M | -$4.65M | -$7.8M | $11.87M | $3.65M |
| Supplementary Data | |||||||||||
| Operating Cash Flow | $59M | $45.67M | $35.9M | $41.86M | $40.01M | $16.08M | $51.72M | $2.2M | -$5.75M | $6.65M | $3.04M |
| Capital Expenditure | -$27.81M | -$18.38M | -$8.86M | -$18.95M | -$25.92M | -$20.82M | -$4.28M | -$6.23M | -$5.76M | -$9.93M | -$10.88M |
| Free Cash Flow | $31.19M | $27.29M | $27.05M | $22.91M | $14.09M | -$4.75M | $47.44M | -$4.03M | -$11.51M | -$3.29M | -$7.84M |
| Cash at Beginning | $15.35M | $62.72M | $57.43M | $48.83M | $57.84M | $21.87M | $8.87M | $13.52M | $21.32M | $9.45M | $5.8M |
| Cash at End | $32.57M | $15.35M | $62.72M | $57.43M | $48.83M | $57.84M | $21.87M | $8.87M | $13.52M | $21.32M | $9.45M |