secwatch.observer — SEC 8-K summary
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Issuer:     IBEX Ltd (IBEX)
CIK:        0001720420
Form:       8-K
Filed at:   2023-09-13T23:59:59+00:00
Accession:  0001720420-23-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720420/000172042023000009/0001720420-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720420/000172042023000009/ibex-20230913.htm
  HTML page:      https://secwatch.observer/filing/0001720420-23-000009

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