IBEX: A Boring Business That Keeps Beating Expectations

Core Insights - IBEX Limited (NASDAQ: IBEX) is perceived as a conventional player in the CX and BPO sector, primarily due to its offshore operations, which may lead to a perception of limited growth potential and multiple expansion [1] Company Overview - The company operates in the customer experience (CX) and business process outsourcing (BPO) sectors, which are often viewed as less exciting compared to other industries [1] - Despite its classification, IBEX Limited has the potential for durable growth, although this may not be immediately apparent to investors [1] Analyst Background - The analysis is conducted by a financial analyst with a background in petroleum and gas engineering, who has transitioned into finance due to a strong interest in business growth and market reactions [1] - The analyst holds FMVA® and BIDA® certifications and focuses on sectors such as technology, infrastructure, and internet services, emphasizing companies with strong fundamentals and growth potential [1]