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Page: Company Financials

IBEX Limited

Ticker: IBEX | Industry: Information Technology Services | Sector: Technology
$38.62 +0.16 (0.42%)
As of: 2026-01-23

Master Data Export

Enterprise Value

Metric MRQ MRQ-1 2025 2024 2023 2022 2021 2020 2019 2017 2016
Stock Price 29.10 24.35 26.73 18.11 20.02 19.06 17.85 16.22 15.40 15.40 15.40
Market Capitalization 389.36M 322.98M 356.17M 299.59M 363.63M 346.24M 324.64M 282.33M 272.44M 272.44M 272.44M
(-) Cash & Equivalents 15.35M 12.98M 14.16M 48.97M 53.04M 42.80M 56.48M 46.93M -0.46M 11.81M -5.10M
(+) Total Debt 69.76M 91.77M 80.76M 74.57M 78.81M 100.54M 116.42M 115.88M 39.42M 56.72M 0.00M
Enterprise Value 443.76M 401.77M 422.77M 325.19M 389.41M 403.97M 384.58M 351.28M 312.31M 317.35M 277.54M

Income Statement

Metric TTM TTM-1 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 580M 514M 558M 509M 523M 493M 443M 405M 368M 342M 334M 323M
Cost of Revenue 402M 358M 386M 357M 375M 374M 335M 276M 255M 253M 276M 261M
Gross Profit 178M 155M 173M 152M 148M 119M 108M 129M 114M 89M 58M 62M
Gross Profit Margin 30.6% 30.2% 30.9% 29.9% 28.3% 24.1% 24.4% 31.8% 30.9% 26.1% 17.3% 19.3%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 109M 96M 109M 93M 89M 80M 0M 350M 322M 333M 306M 282M
Operating Expenses 126M 115M 126M 113M 108M 98M 91M 109M 361M 363M 335M 310M
Operating Income (EBIT) 51M 40M 47M 39M 40M 21M 17M 20M -248M -274M -277M -247M
Operating Income Margin 8.8% 7.8% 8.3% 7.8% 7.7% 4.2% 3.8% 4.8% -67.2% -80.1% -83.0% -76.5%
Interest Income 0M 2M 1M 2M 1M 0M 0M 0M 7M 0M 0M 0M
Interest Expense 2M 1M 2M 1M 1M 1M 9M 9M 7M 2M 5M 4M
Net Interest Income -1M 1M -1M 2M 0M -1M -9M -9M 0M -2M -5M -4M
Unusual Items 0M 0M 0M 0M 0M 0M 7M 0M 247M 255M 274M 254M
EBT Excluding Unusual Items 50M 42M 46M 41M 40M 19M 8M 10M -248M -276M -283M -251M
Pre-Tax Income 50M 42M 46M 41M 40M 19M 15M 10M -1M -21M -9M 3M
Pre-Tax Margin 8.6% 8.1% 8.2% 8.1% 7.7% 3.9% 3.4% 2.5% -0.2% -6.1% -2.6% 1.1%
Income Tax Expense 9M 8M 9M 7M 9M -2M 2M 2M 4M 0M 0M 2M
Net Income 41M 34M 37M 34M 32M 21M 13M 8M -5M -16M -9M 2M
Net Income Margin 7.1% 6.6% 6.6% 6.6% 6.0% 4.4% 3.0% 1.9% -1.2% -4.6% -2.7% 0.5%
Depreciation & Amortization 17M 19M 17M 19M 19M 18M 14M 24M 21M 12M 14M 13M
EBITDA 68M 59M 64M 59M 59M 39M 31M 44M -227M -262M -263M -234M
EBITDA Margin 11.8% 11.5% 11.4% 11.6% 11.4% 7.9% 7.0% 10.9% -61.5% -76.5% -78.9% -72.6%
NOPAT 42M 33M 37M 32M 32M 23M 15M 15M -196M -216M -219M -113M
NOPAT Margin 7.3% 6.3% 6.7% 6.4% 6.1% 4.6% 3.3% 3.7% -53.1% -63.3% -65.6% -35.0%
Owner's Earnings 36M 42M 36M 44M 32M 14M 6M 28M 10M -9M -5M 3M
Owner's Earnings Margin 6.2% 8.2% 6.4% 8.7% 6.0% 2.8% 1.4% 6.9% 2.8% -2.8% -1.5% 1.0%
EPS (Basic) 3.02 1.95 2.51 1.90 1.74 1.18 0.16 0.44 -0.26 -0.90 -0.51 0.09
EPS (Diluted) 2.76 1.89 2.34 1.84 1.67 1.15 0.71 0.44 -0.26 -0.90 -0.51 0.09
Shares (Basic) 14M 17M 15M 18M 18M 18M 18M 18M 18M 18M 18M 18M
Shares (Diluted) 15M 18M 16M 18M 19M 19M 18M 18M 18M 18M 18M 18M

Geographic Segments

Metric TTM TTM-1 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Non-US 20.39M 20.62M 20.49M 15.55M 13.95M 0.00M 0.00M 0.00M
Offshore 294.90M 309.26M 282.29M 244.83M 221.91M 0.00M 0.00M 0.00M
Other Countries 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 14.83M 20.17M
Others . 0.00M 0.00M 0.00M 0.00M 0.00M 16.76M 0.00M 0.00M
U 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 428.83M 0.00M
UNITED STATES 559.35M 617.66M 537.78M 493.02M 509.17M 0.00M 0.00M 396.16M
United States of America 0.00M 0.00M 0.00M 0.00M 0.00M 476.81M 0.00M 0.00M

Balance Sheet

Metric MRQ MRQ-1 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
Cash & Cash Equivalents 22.69M 15.35M 15.35M 62.72M 57.43M 48.83M 57.84M 21.87M 8.87M 13.52M 21.32M 9.45M 5.80M
Short-Term Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 22.69M 15.35M 15.35M 62.72M 57.43M 48.83M 57.84M 21.87M 8.87M 13.52M 21.32M 9.45M 5.80M
Net Receivables 116.03M 118.70M 118.70M 107.64M 92.37M 75.43M 72.61M 57.94M 64.12M 60.35M 63.85M 65.89M 48.86M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.51M 0.00M 0.42M
Other Current Assets 3.53M 2.13M 2.13M 1.89M 2.19M 10.95M 0.67M 0.00M 0.00M 2.62M 3.26M 5.41M 3.35M
Total Current Assets 142.26M 136.18M 136.18M 172.25M 151.99M 135.22M 131.13M 79.81M 72.99M 76.49M 88.94M 80.75M 58.44M
Property, Plant & Equipment 95.71M 94.84M 94.84M 89.01M 112.07M 125.03M 106.70M 84.59M 82.31M 18.90M 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 11.83M 11.89M 13.26M
Intangible Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.70M 3.21M 2.78M 2.93M 4.18M 5.97M 9.13M 11.35M
Long-Term Investments 0.45M 0.00M 0.00M 0.00M 0.00M 0.38M 0.26M 2.94M 0.23M 0.39M 0.29M 0.29M 3.60M
Tax Assets 0.00M 7.16M 7.16M 4.29M 4.59M 9.28M 4.25M 2.22M 2.52M 5.22M 4.39M 3.32M 2.43M
Other Non-Current Assets 23.12M 13.76M 13.76M 8.82M 6.23M 4.61M 6.66M 4.83M 6.71M 34.56M 18.35M 9.74M 0.93M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 131.11M 127.60M 127.60M 113.95M 134.72M 151.83M 132.91M 109.20M 106.53M 75.08M 63.65M 57.69M 49.53M
Total Assets 273.37M 263.77M 263.77M 286.19M 286.71M 287.04M 264.04M 189.01M 179.52M 151.57M 152.59M 138.44M 107.97M
Accounts Payable 25.39M 18.69M 18.69M 16.72M 18.71M 20.31M 5.98M 10.35M 9.93M 13.15M 13.69M 11.18M 8.39M
Short-Term Debt 0.00M 0.00M 0.00M 0.66M 0.41M 28.89M 26.72M 40.14M 41.84M 51.18M 43.30M 46.55M 23.77M
Tax Payables 0.00M 1.99M 1.99M 6.08M 3.02M 2.97M 3.66M 3.09M 1.47M 1.74M 0.00M 0.00M 0.00M
Deferred Revenue 0.00M 5.50M 5.50M 4.75M 6.41M 8.60M 4.08M 3.47M 4.39M 5.66M 4.92M 8.17M 5.37M
Other Current Liabilities 7.40M 0.00M 0.00M 0.00M 0.00M 3.56M 35.83M 18.59M 19.07M 21.90M 1.00M 0.00M 0.00M
Total Current Liabilities 32.79M 26.18M 26.18M 28.21M 28.55M 64.32M 76.26M 75.64M 76.69M 93.63M 62.91M 65.89M 37.53M
Long-Term Debt 0.00M 0.00M 0.00M 0.87M 0.60M 0.34M 1.80M 3.78M 7.18M 9.01M 14.65M 12.21M 11.41M
Capital Lease Obligations 66.54M 69.76M 69.76M 65.49M 77.89M 76.32M 84.00M 62.04M 69.23M 2.77M 2.72M 6.09M 0.00M
Deferred Tax Liabilities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.09M 0.12M 0.15M 61.29M 5.34M 4.62M 3.14M
Other Non-Current Liabilities 4.80M 3.24M 3.24M 1.67M 3.26M 2.30M 11.14M 7.06M 1.61M 2.31M 1.11M 1.10M 1.30M
Total Non-Current Liabilities 71.34M 72.99M 72.99M 68.03M 81.75M 78.95M 97.02M 73.00M 78.17M 75.38M 23.82M 24.01M 15.86M
Total Liabilities 104.13M 99.17M 99.17M 96.24M 110.30M 143.28M 173.29M 148.64M 154.86M 169.01M 86.73M 89.91M 53.39M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 20.00M 20.00M 0.00M 0.00M
Common Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.01M 0.01M 0.01M 0.00M 0.00M 0.00M
Retained Earnings 37.78M 25.74M 25.74M -11.12M -44.78M -76.36M -110.68M -109.53M -117.18M -126.06M -110.03M -70.44M -68.53M
Accumulated OCI -9.74M -6.34M -6.34M -7.91M -6.31M 5.79M 33.18M 29.46M 29.59M 37.80M 22.55M 22.34M 21.36M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 20.00M 20.00M 3.64M 6.71M
Total Shareholders’ Equity 28.05M 19.41M 19.41M -19.03M -51.09M -70.57M -77.50M -80.06M -87.58M -68.25M -67.48M -48.11M -47.17M
Total Equity 28.05M 19.41M 19.41M -19.03M -51.09M -70.57M -77.50M -80.06M -87.58M -48.25M -47.48M -44.46M -40.46M
Total Liabilities & Equity 132.18M 118.57M 118.57M 77.21M 59.22M 72.70M 95.79M 68.59M 67.28M 120.75M 39.25M 45.44M 12.93M
Tangible Assets 261.53M 251.94M 251.94M 274.36M 274.88M 274.51M 249.00M 174.39M 164.76M 135.56M 134.79M 117.43M 83.36M
Tangible Equity 16.22M 7.57M 7.57M -30.87M -62.92M -83.10M -92.54M -94.67M -102.34M -64.27M -65.28M -65.48M -65.06M
Tangible Book Value 16.22M 7.57M 7.57M -30.87M -62.92M -83.10M -92.54M -94.67M -102.34M -64.27M -65.28M -65.48M -65.06M
Total Investments 0.45M 0.00M 0.00M 0.00M 0.00M 0.38M 0.26M 2.94M 0.23M 0.39M 0.29M 0.29M 3.60M
Net Debt -22.69M -15.35M -15.35M -61.19M -56.42M -19.61M -29.33M 22.06M 40.15M 46.67M 36.63M 49.30M 29.37M

Capital Metrics

Metric MRQ MRQ-1 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
Working Capital 68.7M 65.7M 65.7M 109.0M 85.3M 44.6M 35.7M -19.6M -29.6M -34.2M -11.3M -18.6M -8.7M
Total Capital 210.2M 204.1M 204.1M 232.8M 228.9M 219.0M 193.2M 122.1M 126.9M 90.9M 86.7M 74.9M 52.2M
Capital Employed 199.8M 193.3M 193.3M 222.9M 220.1M 196.4M 168.6M 89.6M 76.9M 40.8M 52.3M 39.0M 40.8M
Invested Capital 187.5M 188.7M 188.7M 170.1M 171.4M 170.2M 135.3M 100.2M 118.0M 77.4M 65.4M 65.4M 46.4M

Cash Flow Statement

Metric TTM TTM-1 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
Net Income 68.64M 33.76M 36.86M 33.66M 31.58M 21.46M 13.09M 7.77M 19.41M -15.94M -8.72M 3.43M
Depreciation & Amortization 17.24M 18.79M 17.23M 19.46M 18.99M 18.10M 14.12M 24.47M 21.81M 12.42M 13.83M 12.66M
Deferred Income Tax -3.81M -0.03M -2.88M 0.34M 4.53M -5.17M -1.91M 0.00M -13.44M -6.24M -1.72M 1.84M
Stock-Based Compensation 1.88M 2.56M 5.43M 3.77M 4.61M 1.85M 5.36M 0.36M 5.26M 8.94M 0.32M 0.95M
Change in Working Capital -23.94M -36.97M -26.30M -37.28M -33.69M -11.27M -26.98M 7.61M -44.22M -10.26M -3.47M -20.96M
Accounts Receivable -10.60M -15.93M -19.26M 0.00M -12.30M -9.71M -13.33M 9.04M -18.02M 0.76M 4.01M -20.04M
Inventory 0.00M -0.34M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Accounts Payable 9.29M 5.00M 6.25M -2.25M -3.75M 2.31M -4.01M 0.00M 9.00M 4.41M 2.34M 7.49M
Other Working Capital -22.64M -25.71M -13.29M -35.03M -17.64M -3.87M -9.64M -1.44M -35.20M -15.42M -9.81M -8.41M
Other Non-Cash Items -6.44M 16.86M 15.32M 15.95M 15.85M 15.04M 12.41M 11.51M 13.38M 5.34M 6.39M 5.13M
Net Cash from Operating Activities 53.58M 34.98M 45.67M 35.90M 41.86M 40.01M 16.08M 51.72M 2.20M -5.75M 6.65M 3.04M
Capital Expenditures (PPE) -22.38M -10.43M -18.38M -8.86M -18.95M -25.92M -20.82M -4.28M -6.23M -5.77M -9.93M -10.88M
Acquisitions (Net) 0.00M 0.00M 0.00M 0.00M -0.09M 0.00M 0.00M 0.00M -3.04M 0.18M 0.18M 0.18M
Purchases of Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -0.72M -0.65M 0.00M -0.88M
Sales / Maturities of Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.10M 0.08M 0.00M 0.00M
Other Investing Activities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -0.55M 0.81M 0.72M 0.18M 0.18M
Net Cash from Investing Activities -22.38M -10.43M -18.38M -8.86M -19.04M -25.92M -20.82M -4.84M -9.08M -5.44M -9.75M -11.58M
Net Debt Issuance -1.07M -0.57M -0.95M -0.54M -15.39M -18.76M -17.16M -19.20M 10.12M 3.33M 15.76M 18.61M
Long-Term Debt Issuance -1.07M -0.57M -0.95M -0.49M -0.45M -0.82M -17.16M -19.20M 4.30M -3.16M 9.74M 18.61M
Short-Term Debt Issuance 0.00M 0.00M 0.00M -0.05M -14.94M -17.94M 0.00M 0.00M 5.82M 6.50M 6.03M 25.87M
Net Stock Issuance -75.97M -24.53M -78.01M -21.56M -0.28M -3.41M 63.11M 0.00M -5.97M 0.00M 0.03M -0.06M
Common Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 63.11M 0.00M 206.49M 0.00M 0.03M 0.06M
Common Stock Repurchased -75.97M -24.53M -78.01M -21.56M -0.28M -3.41M 0.00M 0.00M -5.97M 0.00M 0.00M -0.12M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -5.97M 0.00M 0.00M 0.00M
Net Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -4.00M 0.00M -1.60M -0.15M -1.00M -6.56M
Common Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -1.60M -0.15M -1.00M -6.56M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -4.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities 6.34M 0.74M 4.31M 0.37M 2.05M 0.04M -1.05M -14.67M 0.00M 0.00M 0.19M 0.20M
Net Cash from Financing Activities -70.71M -24.36M -74.66M -21.73M -13.61M -22.13M 40.90M -33.87M 2.55M 3.19M 14.98M 12.19M
Effect of FX on Cash -0.09M 0.09M 0.00M -0.02M -0.61M -0.97M -0.18M -0.02M -0.32M 0.20M 0.00M 0.00M
Net Change in Cash -39.61M 0.28M -47.37M 5.29M 8.60M -9.01M 35.97M 13.00M -4.65M -7.80M 11.87M 3.65M
Cash at Beginning of Period 110.84M 224.43M 62.72M 57.43M 48.83M 57.84M 21.87M 8.87M 13.52M 21.32M 9.45M 5.80M
Cash at End of Period 71.23M 224.71M 15.35M 62.72M 57.43M 48.83M 57.84M 21.87M 8.87M 13.52M 21.32M 9.45M
Operating Cash Flow 53.58M 34.98M 45.67M 35.90M 41.86M 40.01M 16.08M 51.72M 2.20M -5.75M 6.65M 3.04M
Capital Expenditure -22.38M -10.43M -18.38M -8.86M -18.95M -25.92M -20.82M -4.28M -6.23M -5.77M -9.93M -10.88M
Free Cash Flow 31.19M 24.55M 27.29M 27.05M 22.91M 14.09M -4.75M 47.44M -4.03M -11.51M -3.29M -7.84M

Free Cash Flow

Metric TTM TTM-1 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
EBITDA 85.70M 77.77M 81.08M 78.35M 78.45M 56.83M 122.26M -197.07M -187.04M -231.48M -234.44M -206.63M
(-) Tax Adjustment 14.69M 14.78M 16.01M 14.01M 17.01M 0.00M 16.65M -45.24M 0.00M -1.20M 0.00M -72.32M
(-) Change In Working Capital -23.94M -36.97M -26.30M -37.28M -33.69M -11.27M -26.98M 7.61M -44.22M -10.26M -3.47M -20.96M
(-) Capital Expenditure -22.38M -10.43M -18.38M -8.86M -18.95M -25.92M -20.82M -4.28M -6.23M -5.77M -9.93M -10.88M
Unlevered Free Cash Flow 72.57M 89.52M 73.00M 92.76M 76.17M 42.17M 111.76M -163.72M -149.06M -225.78M -240.91M -124.23M
(-) Net Interest Income After Taxes -1.07M 1.21M -0.54M 1.28M -0.12M -1.25M -7.80M -7.26M 0.00M -1.94M -5.28M -2.39M
Net Debt Issuance -1.07M -0.57M -0.95M -0.54M -15.39M -18.76M -17.16M -19.20M 10.12M 3.33M 15.76M 18.61M
Levered Free Cash Flow 72.57M 87.73M 72.59M 90.94M 60.90M 24.66M 102.41M -175.65M -138.93M -220.51M -219.87M -103.24M