IBEX Limited

NasdaqGM:IBEX Stock Report

Market Cap: US$380.0m

IBEX Management

Management criteria checks 3/4

IBEX's CEO is Bob Dechant, appointed in Jul 2019, has a tenure of 6.83 years. total yearly compensation is $2.66M, comprised of 23.9% salary and 76.1% bonuses, including company stock and options. directly owns 1.93% of the company’s shares, worth $7.34M. The average tenure of the management team and the board of directors is 6.8 years and 3.5 years respectively.

Key information

Bob Dechant

Chief executive officer

US$2.7m

Total compensation

CEO salary percentage23.94%
CEO tenure6.8yrs
CEO ownership1.9%
Management average tenure6.8yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

Seeking Alpha • Jan 08

IBEX: A Boring Business That Keeps Beating Expectations

Summary IBEX Limited (IBEX) delivered a strong Q1 FY26, with 16.5% revenue growth and 24.9% EBITDA growth, supporting a reiterated Buy rating. IBEX’s digital and omnichannel mix now comprises 82% of revenue, driving higher margins and sticky, expanding client programs. AI initiatives are enhancing IBEX’s competitiveness and productivity, though direct P&L impact remains early-stage; management’s approach prioritizes human productivity over full automation. Valuation remains attractive, with durable margin expansion and raised FY26 guidance, while client concentration and AI monetization timing are key risks to monitor. Read the full article on Seeking Alpha
Analysis Article • Sep 13

Is There An Opportunity With IBEX Limited's (NASDAQ:IBEX) 26% Undervaluation?

Key Insights The projected fair value for IBEX is US$56.24 based on 2 Stage Free Cash Flow to Equity IBEX's US$41.58...
Analysis Article • Sep 13

The Market Lifts IBEX Limited (NASDAQ:IBEX) Shares 41% But It Can Do More

IBEX Limited ( NASDAQ:IBEX ) shareholders have had their patience rewarded with a 41% share price jump in the last...
Analysis Article • May 10

IBEX Limited (NASDAQ:IBEX) Soars 31% But It's A Story Of Risk Vs Reward

IBEX Limited ( NASDAQ:IBEX ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article • Apr 09

IBEX (NASDAQ:IBEX) Knows How To Allocate Capital Effectively

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Seeking Alpha • Mar 01

Undervalued And AI-Driven: Why IBEX Looks Like A Buy

Summary IBEX Limited specializes in AI-driven customer engagement and BPO, showing strong client retention and rapid expansion in sectors like HealthTech, Travel & Logistics, and Retail. Despite record-breaking Q2 performance and strategic stock buybacks boosting EPS, IBEX faces challenges with flat revenue growth and rising operating costs. The company's AI tools, like Wave iX AI Translate, enhance customer service but increasing expenses and cash flow concerns could impact future margins. Trading at a low P/E ratio, IBEX appears undervalued; however, stronger revenue growth and better cash flow control are needed for significant upside. Read the full article on Seeking Alpha
Seeking Alpha • Feb 13

Robust Potential From Higher Net Margins At IBEX Limited

Summary IBEX Limited receives a Strong Buy rating due to profitable growth, selective market choices, and productivity improvements, with a one-year price target of $30.66. The company offers end-to-end customer engagement solutions, leveraging AI technology and boasting high client retention rates and significant offshore revenue contributions. Q2-fiscal-2025 results show good revenue growth, increased adjusted EBITDA, and a significant reduction in shares outstanding, enhancing future net income and earnings. Despite heavy competition and potential risks, IBEX is expected to grow rapidly, driven by industry tailwinds, efficient management, and increasing net margins. Read the full article on Seeking Alpha
Seeking Alpha • Sep 24

Ibex: Strong Fundamentals, Improvement In Margins Make This Stock A Compelling Buy

Summary I believe the 20% share price increase since Q4 FY2024 earnings reflects investors' confidence in Ibex’s strong fundamentals and recent share buybacks, following a long-term decline since early 2023. Despite recent revenue declines in fintech and telecommunications, I favor the company's focus on higher margin offshore operations, which have improved significantly its profitability margins. Ibex’s high client concentration, with its top five clients contributing to 36% of revenue, represents a risk if any major contracts are not renewed. Strong fundamentals, share buybacks, and attractive valuation ratios support my Buy rating for Ibex. Read the full article on Seeking Alpha
Analysis Article • Aug 08

IBEX (NASDAQ:IBEX) Might Have The Makings Of A Multi-Bagger

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Analysis Article • Feb 11

IBEX Limited Just Missed EPS By 31%: Here's What Analysts Think Will Happen Next

There's been a notable change in appetite for IBEX Limited ( NASDAQ:IBEX ) shares in the week since its second-quarter...
Analysis Article • Jan 24

IBEX (NASDAQ:IBEX) Shareholders Will Want The ROCE Trajectory To Continue

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Analysis Article • Sep 15

It's Down 28% But IBEX Limited (NASDAQ:IBEX) Could Be Riskier Than It Looks

To the annoyance of some shareholders, IBEX Limited ( NASDAQ:IBEX ) shares are down a considerable 28% in the last...
Analysis Article • May 19

Earnings Beat: IBEX Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

It's been a good week for IBEX Limited ( NASDAQ:IBEX ) shareholders, because the company has just released its latest...
Analysis Article • Nov 11

We Ran A Stock Scan For Earnings Growth And IBEX (NASDAQ:IBEX) Passed With Ease

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Sep 29

The Return Trends At IBEX (NASDAQ:IBEX) Look Promising

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...

CEO Compensation Analysis

How has Bob Dechant's remuneration changed compared to IBEX's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

US$44m

Sep 30 2025n/an/a

US$41m

Jun 30 2025US$3mUS$638k

US$37m

Mar 31 2025n/an/a

US$37m

Dec 31 2024n/an/a

US$37m

Sep 30 2024n/an/a

US$34m

Jun 30 2024US$1mUS$600k

US$34m

Mar 31 2024n/an/a

US$28m

Dec 31 2023n/an/a

US$29m

Sep 30 2023n/an/a

US$32m

Jun 30 2023US$1mUS$600k

US$32m

Mar 31 2023n/an/a

US$30m

Dec 31 2022n/an/a

US$26m

Sep 30 2022n/an/a

US$25m

Jun 30 2022US$3mUS$563k

US$21m

Compensation vs Market: Bob's total compensation ($USD2.66M) is about average for companies of similar size in the US market ($USD2.59M).

Compensation vs Earnings: Bob's compensation has increased by more than 20% in the past year.

CEO

Bob Dechant (63 yo)

6.8yrs
Tenure
US$2,663,006
Compensation

Mr. Robert T. Dechant, also known as Bob, serves as Chief Executive Officer of IBEX Limited since July 2019 and serves as its Director since January 08, 2021. Mr. Dechant serves as Chief Executive Officer...

Leadership Team

NamePositionTenureCompensationOwnership
Robert Dechant
CEO & Director6.8yrsUS$2.66m1.93%
$ 7.3m
Taylor Greenwald
Chief Financial Officer2.8yrsUS$1.22m0.26%
$ 982.1k
David Afdahl
Chief Operating Officer8.3yrsUS$1.11m1.11%
$ 4.2m
Bruce Dawson
Chief Sales & Client Services Officer9.3yrsUS$991.55k0.55%
$ 2.1m
Julie Casteel
Chief Marketing & Strategic Accounts Officer14.3yrsUS$973.79k0.84%
$ 3.2m
Michael Ringman
Chief Technology Officerless than a yearno datano data
Christy O'Connor
Chief Legal Officer & Assistant Corporate Secretary8.2yrsno data0.21%
$ 785.4k
Paul Inson
Chief People Officer9.6yrsno data0.19%
$ 703.9k
Carl O'Neil
EVP & President of Augment3.1yrsno datano data
Greg Rajchel
Executive Vice President of Commercial & Client Operationsno datano datano data
Michael Darwal
Chief AI & Digital Officerless than a yearno data0.079%
$ 301.0k
Angel Alvarez
President of Ibex Philippines4.1yrsno datano data
6.8yrs
Average Tenure
56.5yo
Average Age

Experienced Management: IBEX's management team is seasoned and experienced (6.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Robert Dechant
CEO & Director5.3yrsUS$2.66m1.93%
$ 7.3m
Patrick McGinnis
Independent Director1.6yrsUS$187.91k0.017%
$ 64.6k
Karen Batungbacal
Independent Director1.3yrsUS$169.77k0.019%
$ 70.9k
Shuja Keen
Directorless than a yearUS$37.50k0.12%
$ 467.2k
Fiona Beck
Independent Director5.8yrsUS$75.00k0.086%
$ 326.0k
Mingzhe Zhuang
Lead Independent Director1.4yrsUS$179.24k0.019%
$ 70.9k
Daniella Ballou-Aares
Independent Director8.2yrsUS$75.00k0.11%
$ 426.9k
John Jones
Independent Chairman of the Board8.2yrsUS$75.00k0.097%
$ 368.4k
3.5yrs
Average Tenure
57.5yo
Average Age

Experienced Board: IBEX's board of directors are considered experienced (3.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/06 05:10
End of Day Share Price 2026/05/06 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

IBEX Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David KoningBaird
Ryan PotterCitigroup Inc
Arvind RamnaniPiper Sandler Companies