IBEX 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. In the quarter to June 2026, revenue grew 11.6%, EPS fell 9.72%, free cash flow fell 4.91% and total debt rose 2.47%, each against the same quarter a year earlier.

45.65 0.26 −0.57%
Market cap
$609.6M
P/E
13.2×
Fwd P/E
7.8×
Dividend yield
—
F-score
8/9
Altman Z
5.12
Beneish M
−2.58
Dividend safety
n/a

Insider Decisions trades per month

Total sells 5.90
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — 5 — — 4 1 — — 10 —
Insider Ownership 20.31%

Capital & Financial Ratios $m

Market Cap 609.62
Revenue 644.08
Net Income 46.33
Free Cash Flow 31.19
Net Debt (30.91)
Current Ratio 2.10 (at or above 1.5: strong)
Debt/Equity 0.01 (at or below 0.5: strong)
P/E ratio 13.23
Fwd P/E 7.75
P/S ratio 0.95
P/B ratio 3.60
Past 5Y EPS Growth 83.61% (at or above 15%: strong)
This Y EPS Growth 5.11%
Next Y EPS Growth 10.41%
Next Y revenue growth 10.59% (at or above 10%: strong)
Next 5Y EPS Growth 14.24%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 70.80%
10-year low 10-year high
P/S against its own 10 years 96.66%
10-year low 10-year high
P/B against its own 10 years 72.11%
10-year low 10-year high
EV/Sales against its own 10 years 92.48%
10-year low 10-year high
EV/FCF against its own 10 years 73.25%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 57 63 15 33
Receivables 92 108 119 130
Inventory — — — —
Other 2 2 2 2
159 180 146 180
2023 2024 2025 2026
Payables 19 17 19 23
ST’ Debt 0 1 1 1
Other — — — —
73 71 80 86

Compound Annual Growth %

10y 5y 3y
Sales 7.12% 7.74% 7.18%
Cash Flow 34.51% 17.90% 12.12%
Earnings 35.24% 74.70% 13.63%
Book Value 26.59% 16.11% 4.32%

Revenue $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 151 164 164 164 644
’25 130 141 141 147 558
’24 125 133 127 125 509
’23 128 139 132 124 523
’22 109 132 129 123 493
’21 109 117 109 109 444
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 16 7 12 25 59
’25 8 1 9 28 46
’24 9 (2) 11 17 36
’23 6 5 14 17 42
’22 7 3 12 18 40
’21 6 4 14 2 26
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 8 (5) 7 22 31
’25 4 (3) 4 23 27
’24 7 (5) 10 15 27
’23 2 (3) 9 14 23
’22 2 (8) 6 14 13
’21 3 (2) 8 (3) 5
Fiscal quarters ending in the months shown.

EPS $

Sep Dec Mar Jun Year
’26 — — — — —
’26 0.82 0.83 0.89 0.59 3.13
’25 0.43 0.57 0.73 0.66 2.36
’24 0.39 0.33 0.57 0.56 1.84
’23 0.35 0.49 0.61 0.24 1.67
’22 0.16 0.45 0.35 0.18 1.23
’21 (0.21) 0.13 (0.01) 0.21 0.15
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to June

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low — — — 9.27 10.77 12.48 11.45 13.00 20.18 25.94

Analyst estimates 2027–2029

Powerpack
High — — — 22.79 25.50 27.77 31.40 21.96 42.99 47.32
People
People Employees — — 22,537 22,976 24,243 29,987 29,863 30,000 33,000 35,000
Revenue/emp, $m 0.00 0.00 0.00 0.02 0.02 0.02 0.02 0.02 0.02 0.02
Income, $m
Income, $m Revenue 335 342 368 405 444 493 523 509 558 644
Gross margin, % 17.44 11.88 100.00 100.00 100.00 24.12 28.32 29.89 30.91 29.17
EBT (9) (21) (1) 10 5 19 40 41 46 54
EBT margin, % (2.61) (6.10) (0.25) 2.49 1.07 3.93 7.71 8.06 8.23 8.43
Net income 0 (21) 0 10 5 21 32 34 37 46
Depreciation 14 12 22 24 28 18 19 19 17 20
Per share, $
Per share, $ Revenue 18.91 19.34 384.93 344.50 25.14 27.03 28.74 28.73 38.03 48.02
Earnings (0.44) (0.90) 11.46 6.61 0.16 1.26 1.74 1.90 2.51 3.45
Cash flow 0.38 (0.32) 2.30 43.98 1.47 2.19 2.30 2.03 3.11 4.40
Capex 0.00 0.00 (6.32) (4.48) (1.18) (1.49) (1.04) (0.50) (1.25) (2.07)
Free cash flow 0.38 (0.32) (4.02) 39.50 0.29 0.70 1.26 1.53 1.86 2.33
Book value 1.62 1.58 9.02 13.73 4.57 6.22 8.24 9.37 9.15 12.69
Shares, m 18 18 1 1 18 18 18 18 15 13
Valuation, ×
Valuation, × P/E 3.58 3.58 3.58 3.58 143.00 14.33 12.06 8.36 11.32 8.80
P/S 0.71 0.71 0.71 0.71 0.78 0.62 0.74 0.56 0.77 0.63
P/B 17.81 17.81 17.81 17.81 4.27 2.71 2.58 1.70 3.18 2.39
EV/Sales 0.73 0.73 0.73 0.73 0.71 0.56 0.63 0.44 0.74 0.58
EV/FCF 6.39 6.39 6.39 6.39 62.12 21.42 15.40 8.66 16.02 12.67
Cash, $m
Cash, $m Operating cash flow 7 (6) 2 52 26 40 42 36 46 59
Capex (10) (6) (6) (5) (21) (27) (19) (9) (18) (28)
Free cash flow 7 (6) (4) 46 5 13 23 27 27 31
Balance, $m
Balance, $m Working capital (14) (37) (30) (20) 36 45 85 109 66 94
Total debt 58 63 49 31 29 16 1 2 2 2
Net debt 37 49 40 9 (29) (33) (56) (61) (14) (31)
Shareholders’ equity 29 28 9 16 81 113 150 166 134 170
Returns, %
Returns, % ROA (11.22) (10.75) 0.00 4.05 1.21 7.55 10.75 11.46 13.00 15.91
ROIC 0.00 0.00 8.72 47.76 16.80 16.04 27.04 23.56 24.16 24.66
ROE (34.63) (56.03) 59.95 62.72 5.88 22.11 23.98 21.32 24.57 30.43
Negative figures in brackets.

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026

Charts ten years each

IBEX Limited vs peers in Information Technology Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CLVT Clarivate PLC $1.1B — (loss-making) — (loss-making) −5.49% (below 0%: shrinking) n/m −12.52% (below 0%: shrinking) 68.41% (34.09%) Compare
VYX NCR Voyix Corporation $1.0B 18.4× 346× −20.76% (below 0%: shrinking) n/m +91.55% (above 0%: growing) 29.83% 2.68% Compare
TDTH Trident Digital Tech Holdings Ltd $940.0M — — — — — — — Compare
NABL N-able, Inc. $869.0M — (loss-making) 34.4× +5.90% (above 0%: growing) n/m −19.43% (below 0%: shrinking) 76.83% 11.92% Compare
TASK TaskUs, Inc. $781.2M 6.9× 6.4× +5.02% (above 0%: growing) +9.09% (above 0%: growing) +85,705.26% (above 0%: growing) 34.69% 10.79% Compare
GDYN Grid Dynamics Holdings, Inc. $649.8M 284× 62.4× +6.99% (above 0%: growing) −50.00% (below 0%: shrinking) −75.27% (below 0%: shrinking) 36.63% 1.18% Compare
IBEX IBEX Limited $609.6M 13.2× 7.8× +11.64% (above 0%: growing) −9.72% (below 0%: shrinking) −4.91% (below 0%: shrinking) 28.56% 5.98%
WYFI WhiteFiber, Inc. $505.4M — (loss-making) — (loss-making) +54.53% (above 0%: growing) n/m −5.87% (below 0%: shrinking) 59.40% (32.09%) Compare
VRRM VERRA MOBILITY CORP $446.8M 10.6× 5.1× +11.68% (above 0%: growing) n/m −19.16% (below 0%: shrinking) 54.92% (12.44%) Compare
Median of peers $825.1M 14.5× 34.4× +5.90% — −12.52% 54.92% 1.18%

All 73 Information Technology Services stocks →

IBEX Limited (IBEX) key facts

  • Strength: IBEX Limited’s revenue for fiscal 2026 (year ended June 2026) was $644.1 million, up 15.4% from fiscal 2025.
  • IBEX Limited (IBEX) is an Information Technology Services company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, IBEX traded at $45.65, a market capitalization of $609.6 million.
  • Return on equity was 30.4% and debt-to-equity 0.01.
  • Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 5.12 (safe zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

IBEX Limited (IBEX) Latest News

stockrow.com/IBEX · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com