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TPXimpact Holdings PLC ( (GB:TPX) ) has provided an update.
TPXimpact Holdings PLC reported that its Q3 trading results met expectations, with profitability and margins in line with forecasts. However, the Digital Transformation business faces challenges due to delayed procurement and spending controls, impacting Q4 expectations. Despite a projected revenue decline of 8-10% for FY25, adjusted EBITDA margins are expected to improve. The company anticipates market conditions to normalize by FY26, with potential revenue growth and continued margin improvement. TPXimpact remains confident in its strategic direction, supported by a strong pipeline and government commitment to digital transformation.
More about TPXimpact Holdings PLC
TPXimpact Holdings PLC is a technology-enabled services company that specializes in people-powered digital transformation. The company collaborates with organizations to drive positive change through human-centered design, data, experience, and technology. It is recognized as a leading digital transformation provider for the UK public services sector, with over 90% of its clients in this area.
YTD Price Performance: -25.58%
Average Trading Volume: 78,453
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £29.49M
For an in-depth examination of TPX stock, go to TipRanks’ Stock Analysis page.