Tpximpact Share Discussion Threads

[sunshine today] 22/2/2024 12:33

The new procurement Bill

TPX may suffer going forward

TPX is not an SME


Streamlining Bidding Processes

At a high level, the goals propose to simplifying processes, removing barriers for SMEs, and driving better value for money. One primary aim is streamlining procedures to boost SME participation in government contracts. Measures include requiring procurement entities to proactively evaluate and mitigate SME-specific challenges throughout the procurement lifecycle.

For example, the Act allows SMEs to show proof of required insurance only upon contract award rather than during bidding. This spares SMEs from carrying unnecessary costs pre-award when outcomes are uncertain.

Additionally, the Act mandates smaller, more tailored contract lots and enables direct price negotiations between procurers and suppliers. In principle, this flexibility caters better to SME capabilities versus rigid tendering processes

[sunshine today] 12/2/2024 12:25

Agreed any company that puts out its numbers in EBITDA format is an Avoid ..

[marktime1231] 12/2/2024 11:57

An encouraging trading report, everything moving in the right direction. But enthusiasm held back because it is from such a poor starting position, too much debt and inexplicably weak gross margins for a high tech business providing much in demand services.

Simplifying the business is all well and good, but if the order books are chokka and growing so strongly there is something wrong with the business model delivering only around 6% gross margin. Too many expensive people, poor process and underselling. The turnaround is evolutionary when it needs a revolution.

If as it seems there are sound fundamentals someone who does know how to run such a business needs to step in and take Panoply over. That prospect rather than the performance is worth hanging around for.

[ukaliptus] 12/2/2024 07:59

Excellent RNS.

(⌒0⌒)5295;~~

[texaschaser] 29/12/2023 15:40

Peak Indicators and Swirrl must be kicking themselves. Shares (owch)+ Cash LOL.

Maybe more acquisitions are required but with less shares and much more cash!

[tomps2] 07/12/2023 12:43

TPXimpact (TPX) Half Year results presentation - December 23

TPXimpact CEO, Björn Conway and CFO, Steve Winters present interim results for the six months ended 30 September 2023, followed by Q&A.

Watch the video here:

Or listen to the podcast here:

[boozey] 07/12/2023 10:56

Finally a bit of life!

[tomps2] 21/11/2023 10:59

TPXimpact Holdings (TPX) H124 results webinar

Tuesday, 5 December, 12:30pm

Bjorn Conway, CEO & Steve Winters, CFO will present interim results followed by Q&A.

Register here: bit.ly/TPX_HY24_webinar

[kalai1] 16/10/2023 14:59

TPXimpact Holdings plc issued a HY trading update for the period ended 30th September and confirmed the disposal of TPXimpact Norway this morning. Strong trading performance in H124 has been encouraging and in line with management expectations, the Board expects to report first-half revenues of £41-42 million which would equate to like-for-like revenue growth of around 20% for H124. Adjusted EBITDA margins are expected to increase to 4-5% in H124 from less than 3% in H123. The balance sheet has strengthened with net debt (excl. lease liabilities) down to c. £13 million at 30 September 2023. Valuation looks attractive with forward PE ratio at 12.2x top third for the Software & IT services sector. Share price lacks momentum for the time being, but the move into statutory profit in coming years could be the catalyst to generate some appreciation. Monitor for now....

...from WealthOracle

[sunshine today] 16/10/2023 14:41

FYI

The RNS was at 7.00AM

Your article just repeats the headlines later in the day.

[tanners] 05/9/2023 14:55

Very unusual for TPX to issue a trading update at this time of day.....and of course Gamma posted their interims this morning, but I'm probably adding 2+2 and getting a lot more than 4.

Odd all the same!

[alhambra1] 25/8/2023 13:13

RNS.....o/.....

[toffeeman] 12/7/2023 10:37

Post solely to dispace sh1te

[tomps2] 11/7/2023 16:39

TPXimpact (TPX) Full Year results presentation - July 23

TPXimpact CEO, Björn Conway and CFO, Steve Winters present results for the year ended 31 March 2023, followed by Q&A.

Watch the video here:

Or listen to the podcast here:

[kemche] 06/7/2023 08:10

Awful headline numbers.

[tomps2] 03/7/2023 15:50

TPXimpact Holdings (TPX) Full Year 2023 Webinar

Thursday, 6 July, 1:00pm

TPXimpact Holdings PLC (AIM: TPX), the technology-enabled services company focused on people-powered transformation, ;will announce its Unaudited Preliminary Results for the year ended 31 March 2023 on Thursday 6 July 2023

Bjorn Conway, CEO & Steve Winters, CFO will host an online presentation of the company’s results on Thursday 6th July at 1pm including a Q&A session.

Register here: bit.ly/TPX_FY23_webinar

[christo21] 03/7/2023 10:52

Fun to read the old comments on here. TPX now have their biggest ever contracts and covenant waivers in place. Who's still holding this gem of a turnaround play?

[tanners] 02/5/2023 13:56

Boozey.....that exact thought about the timing of the Friday RNS went through my mind too; but having said that there is plenty of headroom in the credit facility, though I guess the covenant issue may be restricting that.

F911 - a fairly baseless assertion that it's a dud contract, and the banks most realistic chance of getting the loans repaid is by the Company staying in business, so will be supportive imo.

[firestorm911] 02/5/2023 11:30

Looks like it's another dud contract with a slim margin hence the profit-taking. They need funding; what will be the terms for breaching covenants?

I doubt they will be put in administration, but creditors will want their pound of flesh.

My bet placing around 20p-25p.

Regards,
F911
RMC

[boozey] 28/4/2023 23:00

For me the most intriguing thing about today's events at TPX as a long-time follower of the company is why were these contracts announced on a Friday before a Bank Holiday around 10:15AM? You would have expected them to be announced at 7am or waited for next week. My suspicious mind makes me wonder if there is a placing to follow next week. We will see.

Remember the debt occurred because Gandhi expanded too fast and the acquisitions took longer to digest and integrate than expected. He has now been removed by activists and sits as a NED. The new faces are sorting out the mess and the financing requirements are centre-stage. Given the fresh look and experience on the Board the banks are happy to to be supportive for now.

A number of these new directors bought into the company in the low twenties which was a sign of confidence for the future.

A fund raising would be a logical move as a final step in the company's reset process. The contract wins announced today are impressive but as has been noted TPX has no assets as such and operate on very thing margins with high costs resources who specialise in digital transformation.

[billthebank] 28/4/2023 21:23

So far this year and we are only one third of the way through the company has won business contracts to the tune of circa £110M I am sure the lender will be more than happy with the debt being repaid.

In fact in light of the calibre of the contract I.e. DofE and HMLR they could factor those contracts end of problem

Remember this Co is valued at £40M only

[bones] 28/4/2023 21:04

Agreed tanners. These contract wins must help with the bank negotiations but it’s also tough running debt in today’s restricted credit environment.