Record Fiscal Year Revenue
IBEX delivered record fiscal year revenue of $558.3 million, up 10% from the previous year. Q4 revenues increased by 18% from the prior year.
Strong Adjusted EBITDA and Net Income
Record adjusted EBITDA of $72 million for the fiscal year, up more than 10% from the previous year. Adjusted EPS reached $2.75, up 31% from the previous year, with adjusted net income of $43 million, up 12%.
Impressive Growth in Key Verticals
Revenue growth driven by verticals such as Retail & E-commerce (25% growth), HealthTech (19% growth), and Travel, Transportation, and Logistics (10% growth).
Strong Free Cash Flow
Record free cash flow of $27 million for the year, with $23 million generated in Q4, marking the strongest quarter ever.
Successful AI Integration
Deployment of AI solutions leading to competitive advantage. Transition from proof of concept to full-scale AI deployments in Q4, positioning the company for future growth.
Expansion into New Markets
Significant expansion into new markets like India, with strong growth in offshore revenue increasing by 17% year-over-year.
Healthy Balance Sheet
IBEX has a healthy balance sheet with $0 net debt and strong free cash flow generation.