Tpximpact Holdings Plc · LSE:TPX
Tpximpact — H1 FY2026 Earnings Presentation
27 slides from Tpximpact's earnings presentation, Dec 2, 2025
Slide 1: Half Year Results
6 months ended 30 September 2025 HALF YEAR RESULTS 2 December 2025
Slide 2: Disclaimer
DISCLAIMER This presentation relating to TPXimpact Holdings Limited (the “Company”) is not an advertisement or an offering of securities of the Company in any jurisdiction or an inducement to enter into investment activity and has not been approved by the UK Listing Authority, the Financial Conduct
Slide 3: Contents
Introduction Client Impact CONTENTS H1 Financial Results Outlook 3
Slide 4: Introduction
INTRODUCTION Björn Conway CEO
Slide 5: Achieving Key Objectives of Three Year Plan
ACHIEVING KEY OBJECTIVES OF THREE YEAR PLAN Improved financial Operational Delivering impactful work performance streamlining Deepened relationships with public Adjusted EBITDA up over 39% Building on last year's sector clients, modernizing UK property to £3.2m, gross margin integrations, this period
Slide 6: Foundations for Growth
FOUNDATIONS FOR GROWTH Operational Utilisation Enhanced Debt Driving Streamlining improvements Profitability Reduction Future Growth ● Cost base aligned to ● Utilisation rates up on ● Improved margins ● Strong cash ● Investing in business market demand prior year through despite revenue generation de
Slide 7: Client-Centered Businesses
CLIENT-CENTERED BUSINESSES end-to-end digital transformation programme recovery and managed digital experience and engagement partner for the public sector services for the public sector for not for profit, visits and attractions 7
Slide 8: Client Impact
CLIENT IMPACT
Slide 9: Our Clients
OUR CLIENTS Transforming organisations that underpin society 9
Slide 10: Policy by Design: Fixing Home Buying
POLICY BY DESIGN: FIXING HOME BUYING Challenge “The TPXimpact team enabled us to TPXimpact partnered with MHCLG to define what immediate policy identify precisely which elements of the interventions could improve the experience of buying and selling homes, and home buying and selling process, if redu
Slide 11: Turning Service Users into Engaged Donors
TURNING SERVICE USERS INTO ENGAGED Challenge DONORS manifesto partnered with RNIB to transform their customer journey, turning “manifesto have really set us up for the service users into engaged donors. future by helping us gain and maintain a sharp focus on customer experience. They Approach were w
Slide 12: H1 Financial Results
H1 FINANCIAL RESULTS Noel Douglas CFO
Slide 13: Strong EBITDA Performance
STRONG EBITDA PERFORMANCE Revenue Gross Margin Adjusted EBITDA Adjusted EBITDA Adjusted diluted Net debt1 margin EPS £36.2m 31.0% £3.2m 8.8% 1.7p £7.0m Leverage 1.1x (H125: £37.8m) (H125: 28.3%) (H125: £2.3m) (H125: 6.1%) (H125: 1.2p) (FY25: £8.5m) SECTORS CENTRAL Client tenure GOVERNMENT 4/5ths of
Slide 14: Revenue and Adjusted EBITDA
REVENUE AND ADJUSTED EBITDA 14
Slide 15: Debt
DEBT * Includes £1.1m overdrafts 15
Slide 16: ESG Results
ESG RESULTS Total Permanent Female Ethnic minority headcount FTE representation representation 552 405 50% 20% (FY25: 608) (FY25: 431) (FY25: 51%) (FY25: 20%) Total Carbon intensity Employee tC02e per £1m (tCO2e) retention rate 699.0 19.3 91% (H125: 678.9*) (H125: 18.0*) (FY25: 86%) *PY restated due
Slide 17: Outlook
OUTLOOK Björn Conway CEO
Slide 18: Market Outlook
MARKET OUTLOOK ● Public sector market for digital transformation normalising post-budgets and spending reviews ● Autumn Budget 2024 and Spending Review 2025 announced substantial new digital investments ○ £1.2bn for cross-cutting digital priorities ○ £2bn for AI Opportunities Action Plan ○ £10bn for
Slide 19: The Balance of FY26
THE BALANCE OF FY26 ● Client delivery remains robust ● Pipeline quality is improving, deal size increasing ● Existing engagements give clear revenue and EBITDA visibility for the balance of the year ● Board reaffirms FY26 adjusted EBITDA outlook of £6-7m ● Board updates FY26 year end net debt guidanc
Slide 20: Thank You
THANK You" © impact fag
Slide 21: Appendix
certifi re APPENDIX
Slide 22: Statutory Income Statement
£'000 H126 H125 FY25 STATUTORY INCOME Revenue 36,161 37,776 77,340 STATEMENT Gross profit 11,196 10,705 22,127 GM % 31.0% 28.3% 28.6% Staff costs (6,251) (6,064) (12,723) Goodwill & intangibles impairment - - (4,477) Depreciation & amortisation (2,827) (3,234) (6,362) Restructuring & transformation c
Slide 23: Statement of Financial Position
£’000 H126 FY25 H125 STATEMENT OF Goodwill 35,713 35,713 40,190 FINANCIAL POSITION Intangible assets 6,425 8,790 11,430 Tangible assets 928 1,271 1,648 Cash - 4,647 4,167 Other investments 2,188 2,188 2,188 Receivables 10,907 14,277 13,066 Total assets 56,161 66,886 72,689 Borrowings (7,008) (13,145
Slide 24: Cash Flow / Net Debt
£’000 H126 H125 FY25 CASH FLOW / NET Net operating cash flows before NWC 2,501 1,214 3,977 DEBT Net working capital 19 (275) (2,545) Net cash from operating activities 2,520 939 1,432 Net cash from investing activities 16 - 89 Net borrowings repaid (7,200) (4,000) (3,000) Share related activities (69
Slide 25: Adj EBITDA Reconciliation
ADJ EBITDA RECONCILIATION £’000 H126 H125 FY25 Operating loss (1,148) (3,398) (8,720) Amortisation & depreciation 2,827 3,234 6,362 Goodwill & intangibles impairment - - 4,477 Share based payments 813 941 1,421 Restructuring & transformation costs 706 1,522 2,074 Adjusted EBITDA 3,198 2,299 5,614
Slide 26: Adj Profit After Tax Reconciliation
ADJ PROFIT AFTER TAX RECONCILIATION £’000 H126 H125 FY25 Loss before tax (1,679) (4,085) (10,039) Amortisation of intangible assets 2,365 2,746 5,383 Goodwill & intangibles impairment - - 4,477 Share based payments 813 941 1,421 Restructuring & transformation costs 706 1,522 2,074 Adjusted profit bef
Slide 27: Share Count & EPS
SHARE COUNT & EPS H126 H125 FY25 Number of shares '000 Period-end 92,972 92,160 92,160 Weighted average 92,395 92,160 92,160 Own shares - SIP/EBT (1,985) (1,532) (1,710) Average basic 90,410 90,628 90,450 Dilutive shares outstanding 6,444 4,036 5,498 Average diluted 96,854 94,664 95,948 Loss after t