How many subsidiaries does IBEX Ltd file with the SEC?

10, listed in its most recent exhibit 21. They are incorporated across 5 jurisdictions, led by Bermuda, Canada, England. 3 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is IBEX Ltd financially healthy?

IBEX Ltd scores 7 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the safe zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of IBEX Ltd?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), JPMORGAN CHASE & CO (trimming), WELLINGTON MANAGEMENT GROUP LLP (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

IBEX Ltd (IBEX)

Nasdaq · Common Stock · Services-Computer Processing & Data Preparation

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Corporate structure

10 entities across 5 jurisdictions, 3 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-09-10 — see the exhibit.

Which other public companies file entities in the same places:

Bermuda3 Pakistan3 Philippines2 Canada1 England1

Subsidiaries of IBEX Ltd as disclosed in its SEC filing
Entity	Jurisdiction	Note
IBEX GLOBAL LIMITED	Bermuda	offshore centre
Ibex Global Bermuda Ltd	Bermuda	offshore centre
TRG Customer Solutions (Canada) Inc.	Canada
TRG Marketing Solutions Limited	England
Ibex Philippines, Inc.	Philippines
Ibex Global Solutions Philippines, Inc.	Philippines
Virtual World (Private) Limited	Pakistan
Ibex Global Solutions (Private) Limited	Pakistan
DGS LIMITED	Bermuda	offshore centre
DGS (Private) Limited	Pakistan

Financial health

Two standard screens, computed from the XBRL in FY2026 against FY2025. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

7 / 7

PASSReturn on assets positiveROA 15.0%
PASSOperating cash flow positiveOCF 59M
PASSReturn on assets improving13.5% → 15.0%
PASSCash flow exceeds earningsOCF 59M vs NI 46M
FAILLong-term debt ratio fallingno debt reported
PASSCurrent ratio improving1.82 → 2.10
PASSNo share dilution16M → 15M shares
FAILGross margin improvingno gross profit reported
PASSAsset turnover improving2.04× → 2.08×

Altman Z-score

5.92safe

Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2021	$443.4M	$13.1M	−$4.7M	—	18,359,000
FY2022	$492.9M	$21.5M	$14.1M	—	18,724,000
FY2023	$523.1M	$31.6M	$22.9M	—	18,893,000
FY2024	$508.6M	$33.7M	$27.0M	—	18,255,000
FY2025	$558.3M	$36.9M	$27.3M	—	15,725,000
FY2026

Ownership flow

13 institutions tracked — 7 added, 6 reduced. Index money added 91,757 shares while active managers cut 159,058.

Institutional holders of IBEX Ltd and their share-count change
Manager	Kind	Shares	Change	Value
RENAISSANCE TECHNOLOGIES LLC	Hedge fund	14,703	−76,588	$446,530
BlackRock, Inc.	Index	1,035,490	+75,728	$31.4M
Point72 Asset Management, L.P.	Hedge fund	58,912	−47,411	$1.8M
JPMORGAN CHASE & CO	Active fund	299,223

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Shares repurchased

2025Q3: $2.8M
2024Q3: $4.8M
2023Q3: $1.8M
2022Q3: $276,000

Identity

CIK: 0001720420
LEI: 254900M7XNI1M06J1457
FIGI: BBG00W0LQ673
SIC: 7374 · Services-Computer Processing & Data Preparation
Incorporated: Bermuda
Headquarters: WASHINGTON, DC

Ownership

Institutional: 100.4%
Institutions: 220
Insiders: 6.4%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other services-computer processing & data preparation companies

IBEX Ltd files under SIC 7374 — all 21 services-computer processing & data preparation companies compared on assets and F-score.

AUTOMATIC DATA PROCESSING INCADP Workday, Inc.WDAY DXC Technology CoDXC CLARIVATE PLCCLVT FIRST ADVANTAGE CORPFA Reddit, Inc.RDDT

Questions about IBEX Ltd

How many subsidiaries does IBEX Ltd file with the SEC?: 10, listed in its most recent exhibit 21. They are incorporated across 5 jurisdictions, led by Bermuda, Canada, England. 3 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is IBEX Ltd financially healthy?: IBEX Ltd scores 7 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the safe zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of IBEX Ltd?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), JPMORGAN CHASE & CO (trimming), WELLINGTON MANAGEMENT GROUP LLP (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.