IN BRIEF: TPXimpact backs outlook as loss narrows but sales drop

TPXimpact Holdings PLC - London-based technology-enabled services company - Pretax loss from continuing operations narrows to £10.0 million in the financial year to March 31 from £24.8 million a year prior. Revenue falls to £77.3 million from £84.3 million but bottom line benefits from drop in administrative expenses to £31.3 million from £44.4 million. Reports £19 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 £6 to £7 million. In financial 2025, adjusted Ebitda reaches £5.6 million, up from £4.6 million a year prior. Management also expects net debt to reduce, targeting a year-end range of £7 to £8 million, down from £8.5 million at March 31.

Current stock price: 20.00 pence, up 2.6% in London on Tuesday

12-month changed: down 53%

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