TPXimpact Holdings PLC - London-based technology-enabled services company - Appoints Henry Turcan as non-executive director with immediate effect. Turcan is a fund manager at Lombard Odier Asset Management (Europe) Ltd, which manages funds holding around a 19% stake in TPXimpact. Brings nearly 30 years of experience advising and investing in UK smaller companies. Chair Mark Smith says his "background and experience will strengthen the board in its provision of strategic direction and oversight for the company as its businesses and prospects continue to develop". Read More
TPXimpact Holdings PLC - London-based technology-enabled services company - Pretax loss from continuing operations narrows to GBP10.0 million in the financial year to March 31 from GBP24.8 million a year prior. Revenue falls to GBP77.3 million from GBP84.3 million but bottom line benefits from drop in administrative expenses to GBP31.3 million from GBP44.4 million. Reports GBP19 million of new business won in the first two months of financial 2026, including two contracts with the UK government announced in May. In addition, flags a strong pipeline of opportunities despite the comprehensive spending review not concluding until June 11. "While our financial results reflect the impact of contract delays and spending reviews, we have taken decisive steps to protect profitability and create a more efficient, sustainable business," says Chief Executive Bjorn Conway. TPXimpact says financial 2026 outlook is unchanged, management is focused on protecting and growing profits and targets an adjusted earnings before interest, tax, depreciation and amortisation range of GBP6 to GBP7 million. In financial 2025, adjusted Ebitda reaches GBP5.6 million, up from GBP4.6 million a year prior. Management also expects net debt to reduce, targeting a year-end range of GBP7 to GBP8 million, down from GBP8.5 million at March 31. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in Europe pushed higher on Thursday, as a lack of tariff tit-for-tat news supported equities, while the Bank of England announced a rate cut which turbocharged the FTSE 100. Read More
(Alliance News) - TPXimpact Holdings PLC on Thursday said quarterly trading was in line with expectations, but that it expects decreased revenue for financial 2025 and growth at the lower end of forecasts for the year after. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes, announced on Monday and late last week and not separately reported by Alliance News: Read More
(Alliance News) - TPXimpact Holdings PLC on Thursday said its loss narrowed in the first half of its current financial year despite a decline in revenue, as a result of reduced expenses. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - TPXimpact Holdings PLC on Tuesday said it is well positioned for the future although the firm expects to report flat revenue in the current financial year 2025 that ends on March 31. Read More
TPXimpact Holdings PLC - London-based digital transformation provider to UK public services - Non-Executive Director Neal Gandhi sells 1.2 million shares at 42 pence each, worth GBP504,000, in London on Thursday. Gandhi is now interested in 4.8 million shares, a 5.3% stake. Adds that Gandhi will use the proceeds from the share sale "to fund further expansion of his renewables business." Read More
(Alliance News) - TPXimpact Holdings PLC on Tuesday reported that its annual results were in line with expectations, but its loss widened. Read More
TPXimpact Holdings PLC - London-based provider of "digital transformation" services to the UK public sector - Agrees to extend the maturity of the revolving credit facility by one year to July 2026 and to reduce the amount to GBP25 million from GBP30 million effective from June 21. This better reflects the ongoing needs of the business, company says. Follows an improvement in the debt position which at the end of March was at a three-year low. TPXimpact says the accordion of GBP15 million will continue to be available, if required. In addition, says the borrowing conditions of the RCF have been eased, one quarter ahead of schedule. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and Friday this week and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Stocks in Europe were stable at midday on Thursday, but stocks in New York were called to open higher, as investors eye US data. Read More