Filing Flows › Ibex (IBEX) › Q3 FY25
Ibex (IBEX) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 8, 2025
Ibex (IBEX) reported revenue of $141M for the third quarter fiscal 2025 (Q3 FY25), +11% from a year earlier and 0% from the quarter before. Operating margin was 9.5%, net earnings $10.5M (7.4% of revenue).
Ibex, Q3 FY25: revenue $141M (+11% year over year), operating margin 9.5%, net earnings $10.5M, operating cash flow $8.8M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $141M | 0% | +11% |
| Operating profit | $13.3M | +12% | +18% |
| Net earnings | $10.5M | +13% | +2% |
| Operating cash flow | $8.8M | +674% | -23% |
| Free cash flow | $3.6M | — | -63% |
What changed
Revenue was $140.7M in Q3 FY25, up 11% year over year and roughly flat from the previous quarter.
Operating profit was $13.3M, a 9.5% margin (up 0.6 points year over year). Of the extra revenue versus a year earlier, 15% reached operating profit, above the 9% margin then. Total costs grew 10% against revenue growth of 11%. The fastest-growing cost line was SG&A (+15%). Net earnings were $10.5M, up 2% year over year. The effective tax rate was 19.2%.
Operating cash flow was $8.8M (down 23% year over year), 84% of net earnings. Non-cash charges added back $4.3M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items used $7.6M. Capital expenditures of $5.3M left free cash flow of $3.6M.
Questions
What was Ibex's revenue in the third quarter fiscal 2025?
Ibex (IBEX) reported revenue of $141M for the third quarter fiscal 2025 (Q3 FY25), +11% from a year earlier and 0% from the quarter before.
Was Ibex profitable in the third quarter fiscal 2025?
Operating profit was $13.3M (9.5% of revenue) and net earnings $10.5M.
Source: Ibex 10-Q on SEC EDGAR.