IBEX Limited (IBEX) AI Stock Analysis

IBEX Limited specializes in delivering technology-enabled solutions for the customer lifecycle experience across domestic and international markets. The company provides customer service, technical support, and back-office solutions through ibex Connect, integrating communication channels including voice, email, chat, SMS, and social media. Its ibex Digital unit delivers customer acquisition services, including digital marketing strategies and e-commerce platforms. Additionally, ibex CX offers proprietary software tools for managing customer interactions. As of June 2022, the company operated 34 customer engagement centers and four customer acquisition delivery centers, serving industries such as banking, financial services, logistics, health tech, retail, streaming, travel, hospitality, and utilities.

Revenue rose from $492.9M in FY2022 to $644.1M in FY2026, generating a 5-year compound annual growth rate of 7.8%. Following a period where revenue fell 2.8% in FY2024 to $508.6M, top-line performance recovered with 9.8% growth in FY2025 and 15.4% in FY2026. Gross margin expanded from 24.1% in FY2022 to 29.2% in FY2026, while operating margin increased from 4.2% to 8.5%. Net income advanced from $21.5M in FY2022 to $46.3M in FY2026, with diluted earnings per share expanding from $1.31 to $3.35. For the latest quarter ended June 30, 2026, quarterly revenue increased 11.6% year-over-year, while quarterly earnings declined 10.8%.

As of June 30, 2026, IBEX held $32.6M in cash and short-term investments against total debt of $62.4M, resulting in net debt of $29.9M. The balance sheet showed a current ratio of 2.10 and a debt-to-equity ratio of 0.37 on $170.2M in shareholders' equity. Operating cash flow reached $59.0M in FY2026, funding free cash flow of $31.2M. Cash deployment during FY2026 included $27.8M in capital expenditures and $14.4M directed to share repurchases, contributing to a 5-year share count change of -20.9%.

IBEX trades at a trailing price-to-earnings multiple of 14.6x and a forward multiple of 11.6x, compared to the median of its US-listed Technology peers of 28.1x trailing and 18.8x forward. Its enterprise value to EBITDA ratio stands at 7.9x versus the peer median of 16.6x, and its price-to-sales multiple is 0.9x compared to 2.8x for peers. With a market capitalization of $606.1M, the stock delivered a 1-year return of 25.0%, outperforming the 16.8% return for SPY, while its 5-year return of 168.5% exceeded SPY's 83.0%.

Wall Street coverage includes 2 Hold ratings, with 0 Strong Buy, 0 Buy, 0 Sell, and 0 Strong Sell ratings. The mean price target is $42.00, representing an 8.0% discount to the last close of $45.65. For the current fiscal year ending June 30, 2027, consensus estimates forecast revenue of $712.3M and earnings per share of $3.70, representing 5.1% EPS growth. IBEX beat earnings per share estimates in 3 of the last 4 quarters, with the next earnings release scheduled for November 5, 2026.

This page is an AI-written research summary of IBEX Limited (IBEX). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: IBEX income statement, IBEX balance sheet, IBEX key metrics, IBEX analyst forecast, IBEX chart. See the IBEX stock overview for the latest quote and news.