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IBEX (IBEX) Gross Profit : $150.0 Mil (TTM As of Mar. 2024)


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What is IBEX Gross Profit?

IBEX's gross profit for the three months ended in Mar. 2024 was $39.7 Mil. IBEX's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $150.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. IBEX's gross profit for the three months ended in Mar. 2024 was $39.7 Mil. IBEX's Revenue for the three months ended in Mar. 2024 was $126.8 Mil. Therefore, IBEX's Gross Margin % for the quarter that ended in Mar. 2024 was 31.32%.

IBEX had a gross margin of 31.32% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of IBEX was 29.49%. The lowest was 24.12%. And the median was 24.39%.


IBEX Gross Profit Historical Data

The historical data trend for IBEX's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

IBEX Gross Profit Chart

IBEX Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 368.38 405.14 108.14 118.88 148.13

IBEX Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.86 37.08 36.41 36.75 39.71

Competitive Comparison of IBEX's Gross Profit

For the Information Technology Services subindustry, IBEX's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IBEX's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, IBEX's Gross Profit distribution charts can be found below:

* The bar in red indicates where IBEX's Gross Profit falls into.



IBEX Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

IBEX's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=523.118 - 374.992
=148.1

IBEX's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=126.795 - 87.083
=39.7

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $150.0 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

IBEX's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=39.7 / 126.795
=31.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


IBEX  (NAS:IBEX) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

IBEX had a gross margin of 31.32% for the quarter that ended in Mar. 2024 => Competition eroding margins


IBEX Gross Profit Related Terms

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IBEX (IBEX) Business Description

Traded in Other Exchanges
Address
Crawford House, 50 Cedar Avenue, Hamilton, BMU, HM 11
IBEX Ltd is an end-to-end provider of technology-enabled customer lifecycle experience (CLX) solutions to optimize customer acquisition, engagement, expansion, and experience for its clients. IBEX operates through the Business process outsourcing segment. Its services cover three areas: Digital and omni-channel Customer Experience (ibex Connect), Digital Marketing and E-Commerce (ibex Digital) and Digital CX surveys and analytics (ibex CX). It caters to a broad range of industries, such as telecommunications, cable, financial services, and healthcare.
Executives
Taylor C Greenwald officer: Chief Financial Officer C/O SYNCHRONOSS TECHNOLOGIES, INC., 200 CROSSING BOULEVARD, 3RD FLOOR, BRIDGEWATER NJ 08807
Michael Joseph Darwal officer: Interim CFO and EVP, IR 1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006
Resource Group International Ltd director, 10 percent owner CRAWFORD HOUSE,, 50 CEDAR AVENUE, HAMILTON D0 HM 11
Pinebridge Global Emerging Markets Partners Ii, L.p. director, 10 percent owner 65 EAST 55TH STREET, NEW YORK NY 10022
Robert Thomas Dechant director, officer: Chief Executive Officer 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Kevin Clowe 10 percent owner C/O PINEBRIDGE GEM II G.P., L.P., 65 EAST 55TH STREET, NEW YORK NY 10022
Pierre Mellinger 10 percent owner C/O PINEBRIDGE GEM II G.P., L.P., 65 EAST 55TH STREET, NEW YORK NY 10022
Mohammedulla Khaishgi director 1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006
John Leone director, 10 percent owner 1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006
James Dominic Ferrato officer: Chief Information Officer 1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006
Paul Joseph Inson officer: Chief People Officer 1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006
David Martin Afdahl officer: Chief Operating Officer 1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006
Julie K Casteel officer: Chief Sales/Marketing Officer 1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006
Jeffrey Hays Cox officer: President of IBEX Digital 1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006
Bruce Neil Dawson officer: Chief Sales and CS Officer 1717 PENNSYLVANIA AVENUE NW, SUITE 825, WASHINGTON DC 20006