IBEX Limited: A Hidden Growth Engine In Healthtech

IBEX Limited is pivoting from traditional BPO to HealthTech, leveraging AI and offshore labor to drive higher margins and growth. HealthTech segment grew 35% YoY, now 17.4% of revenue, with management targeting $100M by year-end, signaling a strategic shift to high-profit sectors. Q2 2026 revenues rose 16.7% YoY to $164.2M, with adjusted EBITDA margin improving to 12.6% due to cost efficiencies and segment mix.