IBEX Limited — Earnings Quality Grade F
IBEX · Technology
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 77 days, change +6 days YoY
AR outpaced revenue for 2 consecutive years
Revenue 9.8%, CFFO 27.2%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 107.5% is >2x revenue growth 9.8%
SG&A/Gross Profit = 63.0%. Normal
Gross margin 30.9%, change +1.0pp. Stable
Cash Flow Quality
CFFO/NI = 1.24. Profits backed by cash
FCF $0.0B, FCF/NI = 0.74
Accruals ratio = -3.2%. Low accruals
Cash $0.0B covers only 22% of debt $0.1B
Balance Sheet Health
Goodwill+Intangibles $0.0B = 9% of equity. Manageable
Debt/EBITDA = 1.1x. Healthy
Other assets grew 56.0% vs revenue 9.8%
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 0% YoY. Normal
Manipulation Score
M-Score = -2.37 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25