stockrowIBEX Limited
IBEX Technology Information Technology Services
IBEX Limited’s revenue for fiscal 2026 (year ended June 2026) was $644.1 million, up 15.4% from fiscal 2025.
- Revenue
- +15.9%
- EPS
- +23.3%
- Free cash flow
- +14.1%
- Total debt
- +5.15%
Quarter to September 2026, against a year earlier
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IBEX Limited (IBEX) Altman Z-score
IBEX Limited's Altman Z-score for fiscal 2026 is 5.12, in the safe zone (above 2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 5.12 | 0.25 |
| FY2025 | 4.87 | 0.97 |
| FY2024 | 3.91 | (0.08) |
| FY2023 | 3.99 | 1.25 |
| FY2022 | 2.75 | 0.30 |
| FY2021 | 2.44 | — |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.30 | — | 0.37 | |
| Retained earnings / total assets | 0.23 | — | 0.33 | |
| EBIT / total assets | 0.18 | — | 0.59 | |
| Market value of equity / total liabilities | 2.93 | — | 1.76 | |
| Sales / total assets | 2.08 | — | 2.08 | |
| Altman Z-score | Safe zone | 5.12 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 5.24 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| IBEX IBEX Limited | 5.1× |
| HCKT The Hackett Group, Inc. compare | 4.9× |
| TASK TaskUs, Inc. compare | 3.5× |
| VRRM VERRA MOBILITY CORP compare | 2.6× |
| SHAZ SharonAI Holdings Inc. compare | 2.6× |
| NABL N-able, Inc. compare | 1.9× |
| WYFI WhiteFiber, Inc. compare | 1.9× |
| KEEL Keel Infrastructure Corp compare | 0.9× |
| VNET VNET Group, Inc. - Unsponsored ADR compare | 0.2× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets