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Side-by-side financial comparison of Acadian Asset Management Inc. (AAMI) and IBEX Ltd (IBEX). Click either name above to swap in a different company.

Acadian Asset Management Inc. is the larger business by last-quarter revenue ($172.2M vs $164.2M, roughly 1.0× IBEX Ltd). Acadian Asset Management Inc. runs the higher net margin — 20.2% vs 7.4%, a 12.7% gap on every dollar of revenue. On growth, IBEX Ltd posted the faster year-over-year revenue change (16.7% vs 2.6%). Over the past eight quarters, Acadian Asset Management Inc.'s revenue compounded faster (27.6% CAGR vs 13.8%).

United Asset Management was an American holding company headquartered in Boston, Massachusetts.

The IBEX 35 is the benchmark stock market index of the Bolsa de Madrid, Spain's principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercados Españoles (BME), the company which runs Spain's securities markets. It is a market capitalization-weighted index comprising the 35 most liquid Spanish stocks traded in the Madrid Stock Exchange General Index and is reviewed twice annually. Trading on options and futures con...

AAMI vs IBEX — Head-to-Head

Bigger by revenue
AAMI
AAMI
1.0× larger
AAMI
$172.2M
$164.2M
IBEX
Growing faster (revenue YoY)
IBEX
IBEX
+14.1% gap
IBEX
16.7%
2.6%
AAMI
Higher net margin
AAMI
AAMI
12.7% more per $
AAMI
20.2%
7.4%
IBEX
Faster 2-yr revenue CAGR
AAMI
AAMI
Annualised
AAMI
27.6%
13.8%
IBEX

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
AAMI
AAMI
IBEX
IBEX
Revenue
$172.2M
$164.2M
Net Profit
$34.7M
$12.2M
Gross Margin
Operating Margin
33.3%
9.3%
Net Margin
20.2%
7.4%
Revenue YoY
2.6%
16.7%
Net Profit YoY
-18.4%
31.8%
EPS (diluted)
$0.97
$0.83

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAMI
AAMI
IBEX
IBEX
Q4 25
$172.2M
$164.2M
Q3 25
$144.2M
$151.2M
Q2 25
$127.4M
$147.1M
Q1 25
$119.9M
$140.7M
Q4 24
$167.8M
$140.7M
Q3 24
$123.1M
$129.7M
Q2 24
$109.0M
$124.5M
Q1 24
$105.7M
$126.8M
Net Profit
AAMI
AAMI
IBEX
IBEX
Q4 25
$34.7M
$12.2M
Q3 25
$15.1M
$12.0M
Q2 25
$10.1M
$9.6M
Q1 25
$20.1M
$10.5M
Q4 24
$42.5M
$9.3M
Q3 24
$16.9M
$7.5M
Q2 24
$11.0M
$9.8M
Q1 24
$14.6M
$10.3M
Operating Margin
AAMI
AAMI
IBEX
IBEX
Q4 25
33.3%
9.3%
Q3 25
18.4%
9.1%
Q2 25
12.7%
8.3%
Q1 25
26.6%
9.5%
Q4 24
38.7%
8.5%
Q3 24
21.9%
7.0%
Q2 24
18.9%
10.3%
Q1 24
21.7%
8.9%
Net Margin
AAMI
AAMI
IBEX
IBEX
Q4 25
20.2%
7.4%
Q3 25
10.5%
8.0%
Q2 25
7.9%
6.5%
Q1 25
16.8%
7.4%
Q4 24
25.3%
6.6%
Q3 24
13.7%
5.8%
Q2 24
10.1%
7.9%
Q1 24
13.8%
8.1%
EPS (diluted)
AAMI
AAMI
IBEX
IBEX
Q4 25
$0.97
$0.83
Q3 25
$0.42
$0.82
Q2 25
$0.28
$0.63
Q1 25
$0.54
$0.73
Q4 24
$1.11
$0.57
Q3 24
$0.45
$0.43
Q2 24
$0.29
$0.55
Q1 24
$0.37
$0.57

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAMI
AAMI
IBEX
IBEX
Cash + ST InvestmentsLiquidity on hand
$15.5M
Total DebtLower is stronger
$200.0M
$594.0K
Stockholders' EquityBook value
$154.5M
Total Assets
$677.0M
$295.8M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAMI
AAMI
IBEX
IBEX
Q4 25
$15.5M
Q3 25
$22.7M
Q2 25
$15.3M
Q1 25
$13.0M
Q4 24
$20.2M
Q3 24
$62.3M
Q2 24
$62.7M
Q1 24
$50.7M
Total Debt
AAMI
AAMI
IBEX
IBEX
Q4 25
$200.0M
$594.0K
Q3 25
$726.0K
Q2 25
$796.0K
Q1 25
$735.0K
Q4 24
$275.0M
$695.0K
Q3 24
$802.0K
Q2 24
$867.0K
Q1 24
$820.0K
Stockholders' Equity
AAMI
AAMI
IBEX
IBEX
Q4 25
$154.5M
Q3 25
$143.6M
Q2 25
$134.3M
Q1 25
$124.2M
Q4 24
$108.9M
Q3 24
$171.1M
Q2 24
$165.8M
Q1 24
$159.3M
Total Assets
AAMI
AAMI
IBEX
IBEX
Q4 25
$677.0M
$295.8M
Q3 25
$751.4M
$283.9M
Q2 25
$672.3M
$273.2M
Q1 25
$677.3M
$274.7M
Q4 24
$703.2M
$272.5M
Q3 24
$555.2M
$306.3M
Q2 24
$533.1M
$293.9M
Q1 24
$544.9M
$289.6M
Debt / Equity
AAMI
AAMI
IBEX
IBEX
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.01×
Q3 24
0.00×
Q2 24
0.01×
Q1 24
0.01×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAMI
AAMI
IBEX
IBEX
Operating Cash FlowLast quarter
$-2.4M
$6.6M
Free Cash FlowOCF − Capex
$-5.1M
FCF MarginFCF / Revenue
-3.1%
Capex IntensityCapex / Revenue
7.1%
Cash ConversionOCF / Net Profit
-0.07×
0.54×
TTM Free Cash FlowTrailing 4 quarters
$29.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAMI
AAMI
IBEX
IBEX
Q4 25
$-2.4M
$6.6M
Q3 25
$-23.9M
$15.7M
Q2 25
$61.6M
$27.9M
Q1 25
$-48.8M
$8.8M
Q4 24
$55.8M
$1.1M
Q3 24
$69.6M
$7.8M
Q2 24
$45.7M
$17.4M
Q1 24
$-40.4M
$11.4M
Free Cash Flow
AAMI
AAMI
IBEX
IBEX
Q4 25
$-5.1M
Q3 25
$8.0M
Q2 25
$22.8M
Q1 25
$3.6M
Q4 24
$-3.2M
Q3 24
$4.1M
Q2 24
$15.2M
Q1 24
$9.7M
FCF Margin
AAMI
AAMI
IBEX
IBEX
Q4 25
-3.1%
Q3 25
5.3%
Q2 25
15.5%
Q1 25
2.5%
Q4 24
-2.3%
Q3 24
3.2%
Q2 24
12.2%
Q1 24
7.7%
Capex Intensity
AAMI
AAMI
IBEX
IBEX
Q4 25
7.1%
Q3 25
5.1%
Q2 25
3.5%
Q1 25
3.7%
Q4 24
3.1%
Q3 24
2.8%
Q2 24
1.8%
Q1 24
1.3%
Cash Conversion
AAMI
AAMI
IBEX
IBEX
Q4 25
-0.07×
0.54×
Q3 25
-1.58×
1.30×
Q2 25
6.10×
2.91×
Q1 25
-2.43×
0.84×
Q4 24
1.31×
0.12×
Q3 24
4.12×
1.03×
Q2 24
4.15×
1.77×
Q1 24
-2.77×
1.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAMI
AAMI

Segment breakdown not available.

IBEX
IBEX

Transferred Over Time$147.1M90%
Transferred At Point In Time$17.1M10%

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