6 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 7.8% per year over the past 5 years.
Net income has grown faster than revenue (28.8% vs 7.8% per year).
Operating margin has expanded, at 8.5% in the latest year.
Financial health
Operating income covered interest expense 59× in the latest year.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2026
$644M
$46M
0.0%
8.5%
27.2%
15.0%
$31M
—
$33M
2025
$558M
$37M
0.0%
8.3%
27.4%
13.5%
$27M
—
$15M
2024
$509M
$34M
0.0%
7.8%
20.3%
11.5%
$27M
—
$63M
2023
$523M
$32M
0.0%
7.7%
21.1%
10.8%
$23M
—
$57M
2022
$493M
$21M
0.0%
4.2%
18.9%
7.3%
$14M
—
$49M
2021
$443M
$13M
0.0%
3.8%
13.8%
—
-$5M
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$164M
$9M
0.0%
6.0%
5.1%
2.8%
$22M
—
$33M
Mar '26
$164M
$13M
0.0%
9.8%
8.3%
4.5%
$7M
—
$15M
Dec '25
$164M
$12M
0.0%
9.3%
7.9%
4.1%
-$5M
—
$15M
Sep '25
$151M
$12M
0.0%
9.1%
8.4%
4.2%
$8M
—
$23M
Jun '25
$147M
$10M
0.0%
8.3%
7.1%
3.5%
$23M
—
$15M
Mar '25
$141M
$10M
0.0%
9.5%
8.4%
3.8%
$4M
—
$13M
Dec '24
$141M
$9M
0.0%
8.5%
8.5%
3.4%
-$3M
—
$20M
Sep '24
$130M
$8M
0.0%
7.0%
4.4%
2.5%
$4M
—
$62M
Jun '24
$125M
$10M
0.0%
10.3%
5.9%
3.3%
$15M
—
$63M
Mar '24
$127M
$10M
0.0%
8.9%
6.5%
3.6%
$10M
—
$51M
Dec '23
$133M
$6M
0.0%
5.2%
3.9%
2.0%
-$5M
—
$49M
Sep '23
$125M
$7M
0.0%
6.7%
4.8%
2.5%
$7M
—
$62M
Jun '23
$124M
$5M
0.0%
6.7%
3.0%
1.5%
$14M
—
$57M
Mar '23
$132M
$11M
0.0%
9.9%
7.8%
—
$10M
—
—
Dec '22
$139M
$9M
0.0%
8.2%
7.0%
—
-$3M
—
—
Sep '22
$128M
$7M
0.0%
6.0%
5.5%
—
$2M
—
—
Valuation over time
How the market has priced IBEX against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 16.8× (Mar '23) to 12.6× (Sep '26).
The price-to-sales ratio has risen from 0.7× (Mar '23) to 0.9× (Sep '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is IBEX growing its revenue and profit?
Over the past 5 years, IBEX Ltd's revenue has grown 7.8% per year, and net income grown 28.8% per year. These are computed facts, not advice.
How much debt does IBEX have?
As of FY2026, IBEX Ltd reported — of total debt against $33M of cash; operating income covered interest expense 59×.
What is IBEX's profit margin?
In FY2026, gross margin was —, operating margin 8.5%, and net margin 7.2%.
What is IBEX's P/E ratio?
As of Sep '26, IBEX Ltd traded at a price-to-earnings ratio of about 12.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.