Ibex expects fiscal 2027 revenue of $700 mln to $715 mln, up 9-11%
Company sees fiscal 2027 adjusted EBITDA of $90 mln to $94 mln, up 9-14%
Ibex forecasts Q1 fiscal 2027 revenue of $168 mln to $170 mln, up 11-12%
Q4 results
Outsourced business services firm's Q4 revenue rose 12% yr/yr
Adjusted EPS for Q4 was nearly flat yr/yr
Adjusted EBITDA for Q4 declined slightly from prior year
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$164.30 mln
$160 mln (2 Analysts)
Q4 Adjusted EPS
Meet
$0.85
$0.85 (2 Analysts)
Q4 EPS
$0.59
Q4 Adjusted EBITDA
Miss
$20.20 mln
$21.40 mln (2 Analysts)
Q4 Adjusted EBITDA Margin
12.30%
Result drivers
VERTICAL GROWTH - Q4 revenue growth driven by strong performance in HealthTech, Technology, Travel, Transportation & Logistics, and Retail & E-Commerce, with accelerating growth in Wave iX solutions
AI AGENT MOMENTUM - Company cited continued momentum in AI Agent solutions and new client wins as supporting results
MARGIN PRESSURE - Net income margin declined due to training costs for new clients and temporary impact from shifting work offshore
Analyst coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Ibex Ltd is $37.50, about 1.2% above its September 9 closing price of $37.04
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago
IBEX•
