Business
Unaudited preliminary results
Unaudited preliminary results.
About this update from Tpximpact Holdings Plc
[{"type":"text","content":"\n\nTPXimpact Holdings PLC\n(\"TPXimpact\", the \"Group\" or the \"Company\")\nUnaudited preliminary results for the year ended 31 March 2025\nStrong performance despite short-term UK public sector disruption\nTPXimpact Holdings PLC (AIM: TPX), the technology-enabled services company focused on people-powered digital transformation, announces its unaudited preliminary results for the year ended 31 March 2025 (\"FY25\") and a trading update for the year ending 31 March 2026 (\"FY26\").\nFY25 Financial Highlights:\n\n\n\n\n● \n\n\nStrong performance, improving adjusted EBITDA and adjusted EBITDA margin on a reduced revenue base\n\n\n\n\n● \n\n\n£70m new business won in the year\n\n\n\n\n● \n\n\nRevenue from continuing operations (like-for-like) down 8.2% to £77.3m (FY24: £84.3m)\n\n\n\n\n● \n\n\nAdjusted EBITDA1 up 21.3% to £5.6m (FY24: £4.6m)\n\n\n\n\n● \n\n\nAdjusted EBITDA margin improved by 1.8 margin points to 7.3% (FY24: 5.5%), towards the upper end of our 1-2% year-on-year margin growth range\n\n\n\n\n● \n\n\nGross margin improved by 350 basis points to 28.6% (FY24: 25.1%)\n\n\n\n\n● \n\n\nReported operating loss of £(8.7)m (FY24: £(22.8)m), after including £4.5m non-cash impairment charge on goodwill (FY24: £14.5m)\n\n\n\n\n● \n\n\nAdjusted profit before tax1 from continuing operations of £3.3m (FY24: £1.8m)\n\n\n\n\n● \n\n\nReported loss before tax from continuing operations of £(10.0)m (FY24: £(24.8)m)\n\n\n\n\n● \n\n\nAdjusted diluted earnings per share from continuing operations of 3.0p (FY24: 2.1p)\n\n\n\n\n● \n\n\nReported diluted loss per share from continuing operations of (10.1)p (FY24: (24.5)p)\n\n\n\n\n● \n\n\nNet debt at 31 March 2025 of £8.5m (FY24: £7.1m). Leverage ratio at 31 March 2025 of 1.51 (FY24: 1.54), which was at the lower end of our target leverage range of 1.5-2.0x\n\n\n\n\nOperational and Impact Highlights:\n\n\n\n\n● \n\n\nSuccessfully executed the second year of our three-year plan\n\n\n\n\n● \n\n\nSimplified the business into three core areas: Digital Transformation, manifesto a...