NASDAQ : IBEX
IBEX Limited — Financial statements
Technology · Information Technology Services · United States
Last price 45.35 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 602.19M
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Financial statements
IBEX Limited (IBEX) reported revenue of 644.08M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 644.08M | 644.08M | 558.27M | 508.57M | 523.12M | 492.85M |
| Cost of Revenue | 455.27M | 455.27M | 385.69M | 356.34M | 374.99M | 373.97M |
| Gross Profit | 188.81M | 188.81M | 172.58M | 152.23M | 148.13M | 118.88M |
| Selling, General & Admin | 111.62M | 111.62M | 106.74M | 90.14M | 88.66M | 80.15M |
| Operating Expenses | 131.54M | 131.54M | 123.97M | 109.60M | 107.65M | 98.25M |
| Operating Income | 57.26M | 57.26M | 48.61M | 42.63M | 40.48M | 20.62M |
| Interest Expense | -936.00K | -936.00K | -1.63M | -514.00K | -792.00K | -1.29M |
| Interest & Investment Income | 266.00K | 266.00K | 955.00K | 2.07M | 640.00K | 43.00K |
| EBT Excluding Unusual Items | 56.59M | 56.59M | 47.93M | 44.19M | 40.33M | 19.38M |
| Merger & Restructuring Charges | -1.20M | -1.20M | -600.00K | -1.60M | ||
| Asset Writedown | -1.10M | -1.10M | -1.40M | -1.60M | ||
| Pretax Income | 54.29M | 54.29M | 45.93M | 40.99M | 40.33M | 19.38M |
| Income Tax Expense | 7.96M | 7.96M | 9.07M | 7.33M | 8.74M | -2.08M |
| Earnings From Continuing Operations | 46.33M | 46.33M | 36.86M | 33.66M | 31.58M | 21.46M |
| Net Income to Company | 46.33M | 46.33M | 36.86M | 33.66M | 31.58M | 21.46M |
| Net Income | 46.33M | 46.33M | 36.86M | 33.66M | 31.58M | 21.46M |
| Net Income to Common | 46.33M | 46.33M | 36.86M | 33.66M | 31.58M | 21.46M |
| Shares Outstanding (Basic) | 13.41M | 13.41M | 14.68M | 17.70M | 18.20M | 18.23M |
| Shares Outstanding (Diluted) | 14.81M | 14.81M | 15.72M | 18.25M | 18.89M | 18.72M |
| EPS (Basic) | 3.45 | 3.45 | 2.51 | 1.90 | 1.74 | 1.18 |
| EPS (Diluted) | 3.13 | 3.13 | 2.36 | 1.84 | 1.67 | 1.15 |
| Free Cash Flow | 31.19M | 31.19M | 27.29M | 27.05M | 22.91M | 14.09M |
| Free Cash Flow Per Share | 2.11 | 2.11 | 1.74 | 1.48 | 1.21 | 0.75 |
| Gross Margin | 29.31% | 29.31% | 30.91% | 29.93% | 28.32% | 24.12% |
| Operating Margin | 8.89% | 8.89% | 8.71% | 8.38% | 7.74% | 4.18% |
| Profit Margin | 7.19% | 7.19% | 6.60% | 6.62% | 6.04% | 4.35% |
| Free Cash Flow Margin | 4.84% | 4.84% | 4.89% | 5.32% | 4.38% | 2.86% |
| EBITDA | 77.19M | 77.19M | 65.84M | 62.09M | 59.46M | 38.73M |
| EBITDA Margin | 11.98% | 11.98% | 11.79% | 12.21% | 11.37% | 7.86% |
| D&A For EBITDA | 19.92M | 19.92M | 17.23M | 19.46M | 18.98M | 18.10M |
| EBIT | 57.26M | 57.26M | 48.61M | 42.63M | 40.48M | 20.62M |
| EBIT Margin | 8.89% | 8.89% | 8.71% | 8.38% | 7.74% | 4.18% |
| Effective Tax Rate | 14.67% | 14.67% | 19.74% | 17.89% | 21.68% |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 32.57M | 32.57M | 15.35M | 62.72M | 57.43M | 48.83M |
| Cash & Short-Term Investments | 32.57M | 32.57M | 15.35M | 62.72M | 57.43M | 48.83M |
| Accounts Receivable | 125.29M | 125.29M | 117.18M | 98.56M | 86.41M | 75.42M |
| Other Receivables | 13.00K | |||||
| Receivables | 125.29M | 125.29M | 117.18M | 98.56M | 86.41M | 75.43M |
| Prepaid Expenses | 15.21M | 15.21M | 9.44M | 7.71M | 6.62M | 7.13M |
| Other Current Assets | 6.57M | 6.57M | 3.65M | 10.97M | 8.15M | 10.95M |
| Total Current Assets | 179.64M | 179.64M | 145.62M | 179.96M | 158.61M | 142.35M |
| Property, Plant & Equipment | 96.22M | 96.22M | 94.84M | 89.01M | 112.07M | 125.03M |
| Long-Term Investments | 413.00K | 413.00K | 438.00K | 415.00K | 372.00K | |
| Goodwill | 11.83M | 11.83M | 11.83M | 11.83M | 11.83M | 11.83M |
| Other Intangible Assets | 400.00K | 400.00K | 400.00K | 700.00K | ||
| Long-Term Deferred Tax Assets | 7.17M | 7.17M | 7.16M | 4.29M | 4.58M | 9.28M |
| Other Long-Term Assets | 13.46M | 13.46M | 12.92M | 7.71M | 5.86M | 5.69M |
| Total Assets | 309.13M | 309.13M | 273.21M | 293.90M | 293.32M | 294.18M |
| Accounts Payable | 23.00M | 23.00M | 18.69M | 16.38M | 18.61M | 20.30M |
| Accrued Expenses | 40.91M | 40.91M | 38.59M | 30.67M | 29.36M | 33.45M |
| Current Portion of Long-Term Debt | 52.00K | 14.69M | ||||
| Current Portion of Leases | 14.82M | 14.82M | 15.15M | 12.71M | 13.40M | 14.20M |
| Current Income Taxes Payable | 427.00K | 427.00K | 1.99M | 6.08M | 3.02M | 2.96M |
| Current Unearned Revenue | 6.38M | 6.38M | 5.50M | 4.75M | 6.41M | 8.60M |
| Other Current Liabilities | 22.00K | 395.00K | 2.41M | 3.56M | ||
| Total Current Liabilities | 85.54M | 85.54M | 79.94M | 71.00M | 73.26M | 97.77M |
| Long-Term Debt | 339.00K | |||||
| Long-Term Leases | 47.63M | 47.63M | 54.60M | 54.31M | 65.45M | 76.32M |
| Long-Term Unearned Revenue | 2.08M | 2.08M | 1.13M | 1.13M | 1.38M | 3.99M |
| Pension & Post-Retirement Benefits | 1.80M | 1.80M | 2.00M | 1.30M | 1.20M | 800.00K |
| Other Long-Term Liabilities | 1.86M | 1.86M | 1.24M | 373.00K | 2.06M | 1.50M |
| Total Liabilities | 138.91M | 138.91M | 138.91M | 128.10M | 143.36M | 180.72M |
| Common Stock | 2.00K | 2.00K | 1.00K | 2.00K | 2.00K | 2.00K |
| Additional Paid-In Capital | 227.35M | 227.35M | 218.24M | 210.20M | 204.73M | 197.78M |
| Retained Earnings | 72.07M | 72.07M | 25.74M | -11.12M | -44.78M | -76.36M |
| Treasury Stock | -117.70M | -117.70M | -103.34M | -25.37M | -3.68M | -3.41M |
| Comprehensive Income & Other | -11.49M | -11.49M | -6.34M | -7.91M | -6.31M | -4.56M |
| Total Common Equity | 170.23M | 170.23M | 134.31M | 165.80M | 149.96M | 113.46M |
| Shareholders' Equity | 170.23M | 170.23M | 134.31M | 165.80M | 149.96M | 113.46M |
| Total Liabilities & Equity | 309.13M | 309.13M | 273.21M | 293.90M | 293.32M | 294.18M |
| Total Debt | 62.44M | 62.44M | 69.75M | 67.02M | 78.90M | 105.54M |
| Net Cash (Debt) | -29.88M | -29.88M | -54.41M | -4.30M | -21.47M | -56.71M |
| Net Cash Per Share | -2.02 | -2.02 | -3.46 | -0.24 | -1.14 | -3.03 |
| Filing Date Shares Outstanding | 13.28M | 13.28M | 13.32M | 16.80M | 18.30M | 18.25M |
| Total Common Shares Outstanding | 13.31M | 13.31M | 13.36M | 17.02M | 18.28M | 18.25M |
| Working Capital | 94.10M | 94.10M | 65.68M | 108.96M | 85.35M | 44.58M |
| Book Value Per Share | 12.79 | 12.79 | 10.05 | 9.74 | 8.20 | 6.22 |
| Tangible Book Value | 158.00M | 158.00M | 122.08M | 153.27M | 138.13M | 101.63M |
| Tangible Book Value Per Share | 11.87 | 11.87 | 9.14 | 9.01 | 7.56 | 5.57 |
| Machinery | 121.30M | 121.30M | 124.51M | 107.95M | 106.83M | 98.73M |
| Construction In Progress | 581.00K | 581.00K | 1.82M | 1.71M | 435.00K | 1.36M |
| Leasehold Improvements | 32.63M | 32.63M | 37.72M | 34.42M | 37.36M | 33.28M |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 46.33M | 46.33M | 36.86M | 33.66M | 31.58M | 21.46M |
| Depreciation & Amortization | 19.92M | 19.92M | 17.23M | 19.46M | 18.98M | 18.10M |
| Loss (Gain) From Sale of Assets | -246.00K | |||||
| Asset Writedown & Restructuring Costs | 1.09M | 1.09M | 1.43M | 1.53M | ||
| Stock-Based Compensation | 7.74M | 7.74M | 5.43M | 3.77M | 4.61M | 1.85M |
| Provision & Write-off of Bad Debts | 427.00K | 427.00K | 514.00K | 33.00K | 295.00K | |
| Other Operating Activities | 13.82M | 13.82M | 10.50M | 14.73M | 20.33M | 9.87M |
| Change in Accounts Receivable | -8.66M | -8.66M | -19.26M | -12.07M | -12.30M | -9.71M |
| Change in Accounts Payable | 2.51M | 2.51M | 6.25M | -2.25M | -3.75M | 2.31M |
| Change in Unearned Revenue | 1.83M | 1.83M | 752.00K | -1.92M | -4.80M | 5.51M |
| Change in Other Net Operating Assets | -26.00M | -26.00M | -14.04M | -21.05M | -12.84M | -9.38M |
| Operating Cash Flow | 59.00M | 59.00M | 45.67M | 35.90M | 41.86M | 40.01M |
| Capital Expenditures | -27.81M | -27.81M | -18.38M | -8.86M | -18.95M | -25.92M |
| Divestitures | -85.00K | |||||
| Investing Cash Flow | -27.81M | -27.81M | -18.38M | -8.86M | -19.04M | -25.92M |
| Long-Term Debt Issued | 38.60M | 38.60M | 82.71M | 238.00K | 43.45M | 88.12M |
| Total Debt Issued | 38.60M | 38.60M | 82.71M | 238.00K | 43.45M | 88.12M |
| Long-Term Debt Repaid | -39.82M | -39.82M | -83.66M | -781.00K | -58.84M | -106.88M |
| Total Debt Repaid | -39.82M | -39.82M | -83.66M | -781.00K | -58.84M | -106.88M |
| Net Debt Issued (Repaid) | -1.22M | -1.22M | -953.00K | -543.00K | -15.39M | -18.76M |
| Issuance of Common Stock | 4.01M | 4.01M | 4.31M | 366.00K | 2.05M | 35.00K |
| Repurchase of Common Stock | -16.72M | -16.72M | -78.01M | -21.56M | -276.00K | -3.41M |
| Financing Cash Flow | -13.93M | -13.93M | -74.66M | -21.73M | -13.61M | -22.13M |
| Foreign Exchange Rate Adjustments | -51.00K | -51.00K | -3.00K | -21.00K | -610.00K | -965.00K |
| Net Cash Flow | 17.22M | 17.22M | -47.37M | 5.29M | 8.60M | -9.01M |
| Free Cash Flow | 31.19M | 31.19M | 27.29M | 27.05M | 22.91M | 14.09M |
| Free Cash Flow Margin | 4.84% | 4.84% | 4.89% | 5.32% | 4.38% | 2.86% |
| Free Cash Flow Per Share | 2.11 | 2.11 | 1.74 | 1.48 | 1.21 | 0.75 |
| Levered Free Cash Flow | 24.19M | 24.19M | 27.12M | 23.11M | 12.71M | -2.28M |
| Unlevered Free Cash Flow | 24.77M | 24.77M | 28.14M | 23.43M | 13.20M | -1.47M |
| Free Cash Flow After Leases | 31.19M | 31.19M | 27.29M | 27.05M | 22.91M | 14.09M |
| Cash Interest Paid | 936.00K | 936.00K | 1.63M | 514.00K | 152.00K | 1.25M |
| Cash Income Tax Paid | 11.59M | 11.59M | 11.95M | 7.69M | 4.28M | 2.16M |
| Change in Working Capital | -30.33M | -30.33M | -26.30M | -37.28M | -33.69M | -11.27M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 596.21M | 406.63M | 389.14M | 278.53M | 387.41M | 310.39M |
| Enterprise Value | 626.09M | 452.24M | 467.93M | 298.00M | 428.02M | 386.89M |
| Last Close Price | 44.73 | 30.37 | 29.10 | 16.18 | 21.23 | 16.87 |
| PE Ratio | 14.35 | 8.78 | 10.56 | 8.28 | 12.27 | 14.47 |
| Forward PE | 12.14 | 8.55 | 9.81 | 7.72 | 9.77 | 10.57 |
| PS Ratio | 0.92 | 0.63 | 0.70 | 0.55 | 0.74 | 0.63 |
| PB Ratio | 3.50 | 2.39 | 2.90 | 1.68 | 2.58 | 2.74 |
| P/TBV Ratio | 3.76 | 2.57 | 3.19 | 1.82 | 2.81 | 3.05 |
| P/FCF Ratio | 19.04 | 13.04 | 14.26 | 10.30 | 16.91 | 22.03 |
| P/OCF Ratio | 10.07 | 6.89 | 8.52 | 7.76 | 9.26 | 7.76 |
| EV/Sales Ratio | 0.97 | 0.70 | 0.84 | 0.59 | 0.82 | 0.79 |
| EV/EBITDA Ratio | 8.08 | 5.86 | 7.11 | 4.80 | 7.20 | 9.99 |
| EV/EBIT Ratio | 10.89 | 7.90 | 9.63 | 6.99 | 10.57 | 18.76 |
| EV/FCF Ratio | 20.00 | 14.50 | 17.14 | 11.02 | 18.68 | 27.46 |
| Debt / Equity Ratio | 0.37 | 0.37 | 0.52 | 0.40 | 0.53 | 0.93 |
| Debt / EBITDA Ratio | 0.62 | 0.62 | 0.78 | 0.79 | 0.93 | 1.64 |
| Debt / FCF Ratio | 2.00 | 2.00 | 2.56 | 2.48 | 3.44 | 7.49 |
| Net Debt / Equity Ratio | 0.18 | 0.18 | 0.41 | 0.03 | 0.14 | 0.50 |
| Net Debt / EBITDA Ratio | 0.39 | 0.39 | 0.83 | 0.07 | 0.36 | 1.46 |
| Net Debt / FCF Ratio | 0.96 | 0.96 | 1.99 | 0.16 | 0.94 | 4.03 |
| Asset Turnover | 2.21 | 2.21 | 1.97 | 1.73 | 1.78 | 1.73 |
| Quick Ratio | 1.84 | 1.84 | 1.66 | 2.27 | 1.96 | 1.27 |
| Current Ratio | 2.10 | 2.10 | 1.82 | 2.54 | 2.17 | 1.46 |
| Return on Equity (ROE) | 30.43% | 30.43% | 24.57% | 21.32% | 23.98% | 22.11% |
| Return on Assets (ROA) | 12.29% | 12.29% | 10.71% | 9.07% | 8.61% | 4.54% |
| Return on Invested Capital (ROIC) | 24.04% | 25.14% | 21.75% | 20.50% | 18.56% | 13.52% |
| Return on Capital Employed (ROCE) | 25.60% | 25.60% | 25.20% | 19.10% | 18.40% | 10.50% |
| Earnings Yield | 6.97% | 11.39% | 9.47% | 12.08% | 8.15% | 6.91% |
| FCF Yield | 5.25% | 7.67% | 7.01% | 9.71% | 5.91% | 4.54% |
| Buyback Yield / Dilution | 5.83% | 5.83% | 13.86% | 3.38% | -0.90% | -1.99% |