IBEX Ltd Reports Net Income of $31.6 Million for Fiscal Year 2023
Annual Revenue Reaches $523.1 Million
By USInMinutes
Published - Sep 13, 2023, 07:09 PM ET
Last Updated - Sep 13, 2023, 07:09 PM EDT
IBEX Ltd [IBEX], a leading global business process outsourcing company, has released its financial results for the fiscal year ended June 30, 2023. The company reported a net income of $31.6 million and annual revenue of $523.1 million, marking a significant increase compared to the previous year.
Financial Performance
IBEX Ltd's financial performance for the year demonstrated strong growth and profitability. The company's net income of $31.6 million represents a substantial improvement from the previous year's figure of $21.5 million. This increase can be attributed to higher revenue and effective cost management strategies.
