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IBEX Reports Strongest Quarterly Growth Rate in Nearly 3 Years, Record Fiscal Year 2025 Financial Results, Introduces Fiscal Year 2026 Guidance
Globenewswire· 2025-09-11 20:05
Core Insights - IBEX Limited reported strong financial results for the fourth quarter and fiscal year 2025, achieving record revenue and earnings per share, driven by operational excellence and market share gains [4][7][15]. Financial Performance - Fourth quarter revenue reached $147.1 million, an increase of 18.2% from $124.5 million in the prior year quarter, marking the highest growth rate in eleven quarters [5][7]. - Full-year revenue was $558.3 million, up 9.8% from $508.6 million in the previous year, with significant contributions from key verticals: HealthTech (+23.2%), Travel, Transportation and Logistics (+13.7%), and Retail & E-commerce (+12.6%) [9][13]. - Net income for the fourth quarter was $9.6 million, slightly down from $9.8 million in the prior year quarter, while full-year net income increased to $36.9 million from $33.7 million [8][13]. - Diluted earnings per share (EPS) for the fourth quarter rose to $0.66 from $0.56, and full-year EPS increased to $2.36 from $1.84, reflecting a 27.8% growth [7][13]. Adjusted Metrics - Adjusted net income for the fourth quarter was $12.6 million, up 23.3% from $10.2 million in the prior year quarter, with an adjusted net income margin of 8.5% [12][33]. - Adjusted EBITDA for the fourth quarter was $20.5 million, a 14.0% increase from $17.9 million in the prior year quarter, with an adjusted EBITDA margin of 13.9% [12][36]. - Full-year adjusted net income was $43.0 million, up from $38.4 million, and adjusted EBITDA was $72.0 million, compared to $65.2 million in the previous year [13][36]. Cash Flow and Capital Expenditures - The company generated record free cash flow of $22.8 million in the fourth quarter, contributing to an annual free cash flow of $27.3 million, slightly up from $27.0 million in the prior year [7][39]. - Capital expenditures for the year were $18.4 million, significantly higher than $8.9 million in the previous year, aimed at capacity expansion [13][14]. Market Position and Strategic Outlook - IBEX continues to outperform the BPO market, with a strategic focus on expanding AI capabilities and entering new markets, including a successful entry into India [4][15]. - The company anticipates revenue for fiscal year 2026 to be in the range of $590 to $610 million, with adjusted EBITDA expected between $75 to $79 million [20].
Eshallgo Inc. Announced Receipt of Notice from Nasdaq regarding Listing Rule 5550(a)(2).
Globenewswire· 2025-07-25 21:00
Core Viewpoint - Eshallgo, Inc. has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement for its class A ordinary shares, which has been below US$1.00 for the last 30 consecutive business days [1][2]. Compliance Period - The company has a compliance period of 180 calendar days, until January 19, 2026, to regain compliance with Nasdaq Listing Rules [2]. - If the closing bid price reaches US$1.00 or higher for at least ten consecutive business days during this period, Nasdaq will confirm compliance [2]. - Should the company fail to regain compliance by the deadline, it may be eligible for an additional 180-day compliance period if it meets other listing requirements [2]. Business Operations - The Nasdaq notification does not impact the company's business operations, and Eshallgo intends to take reasonable measures to regain compliance within the grace period [3]. Company Overview - Eshallgo, Inc. is a digital-first office solution provider based in Shenzhen, China, offering enterprise-grade hardware, printing services, software subscriptions, and technical support to small and medium-sized businesses [4][6]. - The company utilizes data analytics and automation to provide cost-efficient and scalable solutions that help businesses digitize and streamline their back-office operations [4][6].