IBEX reports record FY2023: revenue up 6.1% to $523.1M, adjusted EBITDA up 48.8%

IBEX Ltd

FY2023 revenue $523.1M (+6.1% YoY); GAAP EPS $1.67 vs $1.15; adjusted EPS $1.96 vs $1.39.
FY2023 adjusted EBITDA $66.6M (margin 12.7%), up 48.8% YoY; capacity utilization 77% vs 69%.
Q4 revenue $124.4M (+0.7%); GAAP EPS $0.24 (down from $0.35 on tax benefit); adjusted EBITDA $15.4M (+21%).
FY2024 revenue guidance $525-535M (low single-digit growth); adjusted EBITDA margin ~13%.
Converted to US GAAP effective July 1, 2023; debt reduced by $77.9M vs IFRS accounting.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

IBEX Ltd reported financial results for its fourth quarter and fiscal year ended June 30, 2023.

Period: its fourth quarter and fiscal year ended June 30, 2023
Result: reported results

Exact text from the filing

On September 13, 2023, IBEX Limited issued a press release announcing its financial results for its fourth quarter and fiscal year ended June 30, 2023.

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Source: SEC EDGAR

accession 0001720420-23-000009

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