Ibex Ltd ( (IBEX) ) has released its Q1 earnings. Here is a breakdown of the information Ibex Ltd presented to its investors.
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Ibex Ltd, a prominent player in the global business process outsourcing and customer engagement technology sector, has reported a robust start to its fiscal year 2026, showcasing significant growth across key financial metrics. The company, known for its comprehensive customer engagement solutions, continues to expand its market presence.
In its latest earnings report, Ibex Ltd announced record-breaking first-quarter results, with revenue climbing by 16.5% compared to the previous year. The company’s earnings per share (EPS) saw a remarkable increase of 91%, reaching $0.82, while adjusted EPS rose by 74% to $0.90. These results have prompted the company to raise its full-year guidance, reflecting confidence in its ongoing growth trajectory.
Key financial highlights include a revenue increase to $151.2 million, driven by strong performance in its top verticals such as Retail & E-commerce, HealthTech, and Travel, Transportation, and Logistics. The company’s net income surged to $12.0 million, up from $7.5 million the previous year, supported by favorable foreign currency impacts and reduced administrative expenses. Adjusted EBITDA also saw a significant rise, reaching $19.5 million, with a margin improvement to 12.9%.
Ibex Ltd’s strategic focus on expanding its AI capabilities and sales resources, along with its commitment to operational excellence, has positioned it well for continued growth. The company’s strong balance sheet and increased free cash flow of $8 million underscore its ability to invest in future opportunities and maintain its competitive edge in the customer experience market.
Looking ahead, Ibex Ltd’s management remains optimistic about the company’s prospects, with expectations of revenue between $605 and $620 million for fiscal year 2026. The company is poised to capitalize on its strategic investments and market expansion efforts, reinforcing its leadership position in the industry.