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IBEX

IBEX LIMITED
CIK 0001720420 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
23.8
composite ยท 4 signals ยท CLEAN

Every card below shows the score and the exact filing data it was computed from โ€” no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded โ€” never a guess.

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Signals

P-01 ยท FY 2025-06-30 ยท CLEAN29.7

Earnings quality

Beneish M-Score -2.46 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-09-11) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.462,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.085,
    "GMI": 1,
    "AQI": 1.205,
    "SGI": 1.098,
    "DEPI": 1,
    "SGAI": 1.063,
    "LVGI": 1.209,
    "TATA": -0.032
  },
  "defaulted_to_neutral": [
    "GMI",
    "DEPI"
  ],
  "sloan_accruals": -0.031,
  "inputs": {
    "revenue_t": 558273000,
    "revenue_t1": 508569000,
    "total_assets_t": 273215000,
    "net_income_t": 36864000,
    "cfo_t": 45668000
  },
  "stale": false,
  "latest_filing_period": "2025-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1720420/000172042025000027/0001720420-25-000027-index.htm",
    "form": "10-K",
    "filed": "2025-09-11"
  }
}
P-05 ยท FY 2025-06-30 ยท CLEAN4.9

Tax arbitrage

ETR 19.7% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-09-11) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2025-06-30": 0.1974,
    "2024-06-30": 0.1789,
    "2023-06-30": 0.2168
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-06-30": 0.0126,
    "2024-06-30": 0.0311,
    "2023-06-30": -0.0068
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2025-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1720420/000172042025000027/0001720420-25-000027-index.htm",
    "form": "10-K",
    "filed": "2025-09-11"
  }
}
P-12 ยท FY 2025-06-30 ยท CLEAN24.8

Restatement predictor

F-Score 0.74 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-09-11) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.745,
  "probability": 0.00275,
  "components": {
    "rsst": -0.031,
    "drec": 0.0662,
    "dinv": null,
    "soft": 0.9438,
    "dcs": 0.0608,
    "droa": 0.0204,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1720420/000172042025000027/0001720420-25-000027-index.htm",
    "form": "10-K",
    "filed": "2025-09-11"
  }
}
P-13 ยท FY 2024-06-30 ยท CLEAN0.0

Zombie / distress

Interest coverage 76.71x โ€” servicing debt from operations
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-09-11) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-06-30": null,
    "2024-06-30": 76.71,
    "2023-06-30": 51.109,
    "2022-06-30": 16.001
  },
  "consecutive_years_below_1": 0,
  "altman_z_double_prime": 4.569,
  "definitions": {
    "zombie": "ICR<1 for 3+ consecutive FYs (BIS 2018)",
    "z_distress": "<1.1 distress, 1.1-2.6 gray, >2.6 safe"
  },
  "inputs": {
    "ebit_t": 39429000,
    "interest_expense_t": 514000
  },
  "stale": false,
  "latest_filing_period": "2025-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1720420/000172042025000027/0001720420-25-000027-index.htm",
    "form": "10-K",
    "filed": "2025-09-11"
  }
}