IBEX Q4 rev $124.5M, net income up 118% YoY; FY2024 record EPS $1.84; guides FY2025 rev $510-525M

IBEX Ltd

Q4 revenue $124.5M (flat YoY); net income $9.8M (+118%); diluted EPS $0.56 (+133%).
FY2024 revenue $508.6M (-2.8% YoY); net income $33.7M (+6.6%); diluted EPS $1.84 (+10.2%).
Record adjusted EBITDA margin 12.8%; free cash flow $27.0M (up 18%); repurchased 1.3M shares for $21.7M.
FY2025 guidance: revenue $510-525M; adjusted EBITDA $67-69M; Q1 revenue $124-126M; capex $15-20M.
Won 18 new client relationships (vs 10 prior year); closed first significant customer-facing AI opportunity.

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