
IBEX Limited Income Statement 2025-2011 | IBEX
Brief overview of revenue and earnings at IBEX Limited
The figures are compared over a five-year interval. IBEX Limited reported revenue of $405 million in 2020 and $558 million by 2025. The five-year change reached +37.8%, while CAGR stood at 6.6%. The company expanded at a measured pace.
Gross profit was 129 million dollars at the start and 173 million dollars at the end of the period (+33.9%). The gross margin was 31.8% at the start and 30.9% at the end. The gross margin stayed within a similar range.
Over the period, EBITDA shifted from 19.5 million dollars to 63.8 million dollars, a change of +227.2%. EBITDA expanded faster than the top line. The EBITDA share of revenue changed from 4.8% to 11.4%. The business generated more EBITDA from each unit of revenue.
Over the period, net income shifted from 7.8 million dollars to 36.9 million dollars (+374.4%). The period finished with its strongest net-income result.
Overall conclusion
Most key measures improved without a pronounced weak signal. The financial profile benefits from a larger revenue base, an improving EBITDA margin and improving net profitability. The key question is whether sales can be converted into sustainable profit.
Annual Income Statement IBEX Limited
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
418 M | 281 M | 382 M | 346 M | 256 M | - | - | - | - | - | - | - | - | - | - |
Shares |
14.7 M | 17.7 M | 18.2 M | 18.2 M | 17.6 M | - | - | - | - | - | - | - | - | - | - |
Historical Prices |
28.5 | 15.9 | 21 | 19 | 14.5 | 18.4 | - | - | - | - | - | - | - | - | - |
Net Income |
36.9 M | 33.7 M | 31.6 M | 21.5 M | 2.85 M | 7.77 M | 11 M | -15.9 M | -9.01 M | 1.57 M | - | - | - | - | - |
Revenue |
558 M | 509 M | 523 M | 494 M | 444 M | 405 M | 368 M | 342 M | 334 M | 323 M | - | - | - | - | - |
Cost of Revenue |
386 M | 357 M | 375 M | 374 M | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
- | - | - | - | - | 129 M | 114 M | 89.3 M | - | - | - | - | - | - | - |
Operating Income |
46.6 M | 39.4 M | 40.5 M | 20.6 M | 13.8 M | 19.5 M | 6.8 M | -17.8 M | - | - | - | - | - | - | - |
EBITDA |
63.8 M | 58.9 M | 59.5 M | 38.7 M | 13.8 M | 19.5 M | 6.8 M | -17.8 M | 12.8 M | 26.2 M | - | - | - | - | - |
Operating Expenses |
- | - | - | - | - | 106 M | 107 M | 110 M | 335 M | 310 M | - | - | - | - | - |
General and Administrative Expenses |
109 M | 93.1 M | 88.7 M | 80.2 M | - | 35.8 M | 39.3 M | 51.9 M | 271 M | 252 M | - | - | - | - | - |
All numbers in USD currency
Quarterly Income Statement IBEX Limited
| 2026-Q3 | 2026-Q2 | 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
13.5 M | 13.5 M | 13.4 M | 13.3 M | 15.1 M | 16.9 M | 17.5 M | 17.9 M | 18.3 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
13.3 M | 12.2 M | 12 M | 10.5 M | 9.27 M | 7.53 M | 10.3 M | 6.08 M | 7.42 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
164 M | 164 M | 151 M | 141 M | 141 M | 130 M | 127 M | 133 M | 125 M | - | - | - | - | - | - | - | - | - | - | 101 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
116 M | 117 M | 107 M | 96 M | 98.8 M | 90 M | 87.1 M | 95.9 M | 88.2 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
16.2 M | 15.3 M | 13.7 M | 13.3 M | 11.9 M | 9.09 M | 11.3 M | 6.95 M | 8.33 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
21.3 M | 20 M | 18.1 M | 17.7 M | 16.2 M | 13.5 M | 16.1 M | 11.9 M | 13.4 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
27.5 M | 27.6 M | 26.5 M | 27.1 M | 25.7 M | 26.2 M | 23.6 M | 24.9 M | 23 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company IBEX Limited (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.