Ibex Ltd key statistics and ratios

In fiscal 2026, Ibex Ltd had return on equity of 30.4%, an operating margin of 8.5%, debt equal to 1.0% of equity and a current ratio of 2.10. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Ibex Ltd: financial ratios, annual
Fiscal year	2021Jun 2021	2022Jun 2022	2023Jun 2023	2024Jun 2024	2025Jun 2025	2026Jun 2026
Operating margin	3.8%	4.2%	7.7%	7.8%	8.3%	8.5%
Net margin	3.0%	4.4%	6.0%	6.6%	6.6%	7.2%
Free-cash-flow margin	−1.1%	2.9%	4.4%	5.3%	4.9%	4.8%
Return on equity	13.8%	20.6%	24.0%	21.3%	24.6%	30.4%
Return on assets	—	7.3%	10.8%	11.5%	13.0%	15.9%
Asset turnover	—	1.68	1.78	1.73	1.97	2.21
Current ratio	—	1.46	2.17	2.53	1.82	2.10
Debt to equity	0.0%	13.9%	0.7%	0.9%	1.2%	1.0%
Interest cover (operating income ÷ interest)	9.0x	16.0x	51.1x	76.7x	28.5x	58.7x
Effective tax rate	13.6%	−10.7%	21.7%	17.9%	19.7%	14.7%
SG&A as % of revenue	17.4%	16.3%	16.9%	18.3%	19.5%	17.5%
Capital spending as % of revenue	4.7%	5.3%	3.6%	1.7%	3.3%	4.3%
Free cash flow ÷ net income	−36.3%	65.7%	72.5%	80.4%	74.0%	67.3%
Dividends ÷ net income	30.6%	0.0%	0.0%	—	—	—
Dividends and buybacks ÷ free cash flow	—	24.2%	1.2%	79.7%	285.8%	46.1%

US$ thousands unless shown otherwise. Fiscal quarters.

Ibex Ltd: financial ratios, quarterly
Quarter	2025 Q1Sept 2024	2025 Q2Dec 2024	2025 Q3Mar 2025	2025 Q4Jun 2025	2026 Q1Sept 2025	2026 Q2Dec 2025	2026 Q3Mar 2026	2026 Q4Jun 2026
Operating margin	7.0%	8.5%	9.5%	8.3%	9.1%	9.3%	9.8%	6.0%
Net margin	5.8%	6.6%	7.4%	6.5%	8.0%	7.4%	8.1%	5.3%
Free-cash-flow margin	3.2%	−2.3%	2.5%	15.5%	5.3%	−3.1%	4.0%	13.2%
Current ratio	2.42	1.44	1.67	1.82	1.82	1.83	1.95	2.10
Debt to equity	0.5%	0.6%	16.6%	1.2%	1.1%	0.9%	0.9%	1.0%
SG&A as % of revenue	20.2%	18.3%	19.2%	20.2%	17.5%	16.8%	16.7%	19.2%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

6 of 6 checks passed · June 30, 2026

What it owns · $309m

Short-term assets $180mLonger-term assets $129m

What it owes, and who funded it · $309m

Short-term liabilities $86mLonger-term liabilities $53mShareholders' equity $170m

Short-term assets cover short-term liabilities $180m of assets due within a year against $86m of liabilities due within a year.
Short-term assets cover long-term liabilities $180m short-term assets against $53m of longer-dated liabilities.
More cash than debt $33m of cash against $2m of debt.
Debt below 40% of shareholders' equity Debt is 1% of equity.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt $59m of operating cash flow against $2m of debt.
Operating profit covers interest at least five times over Operating income of $55m against $936,000 of interest.

From Ibex Ltd's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: High.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Ibex Ltd's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ibex Ltd.