IBEX Ltd
For the period ended Sep 8, 2026. Filed Sep 10, 2026.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Sep 8, 2026 · Filed Sep 10, 2026
Contents
EX-99.1 · EXHIBIT 2: EBITDA, adjusted EBITDA, and adjusted EBITDA margin
EXHIBIT 2: EBITDA, adjusted EBITDA, and adjusted EBITDA margin
EBITDA is a non-GAAP profitability measure that represents net income before the effect of the following items: interest expense, income tax expense, and depreciation and amortization. Adjusted EBITDA is a non-GAAP profitability measure that represents EBITDA before the effect of the following items: interest income, severance costs, impairment losses, gains or losses on asset disposals, gains or losses on lease terminations, foreign currency gains and losses, andstock-based compensation expense. Adjusted EBITDA margin is a non-GAAP profitability measure that represents adjusted EBITDA divided by revenue.
The following table provides a reconciliation of net income to EBITDA and adjusted EBITDA and net income margin to adjusted EBITDA margin for the periods presented:
| Three months ended June 30, | Twelve months ended June 30, | |||
|---|---|---|---|---|
| ($000s) | 2026 | 2025 | 2026 | 2025 |
| Net income | $8,747 | $9,596 | $46,331 | $36,864 |
| Net income margin | 5.3% | 6.5% | 7.2% | 6.6% |
| Interest expense | 222 | 448 | 936 | 1,634 |
| Income tax expense | 968 | 2,247 | 7,963 | 9,068 |
| Depreciation and amortization | 5,624 | 4,248 | 19,922 | 17,232 |
| EBITDA | $15,561 | $16,539 | $75,152 | $64,798 |
| Interest income | (115) | (29) | (266) | (955) |
| Severance costs | 267 | 558 | 1,240 | 558 |
| Impairment losses | 1,092 | 1,429 | 1,092 | 1,429 |
| Gain on asset disposals | (150) | — | (150) | — |
| Loss on lease terminations | 744 | — | 744 | — |
| Foreign currency (gains) / losses | (499) | 27 | (3,177) | 693 |
| Stock-based compensation expense | 3,285 | 1,926 | 7,737 | 5,432 |
| Adjusted EBITDA | $20,185 | $20,450 | $82,372 | $71,955 |
| Adjusted EBITDA margin | 12.3% | 13.9% | 12.8% | 12.9% |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.