Tpximpact Share Discussion Threads

[ridingthewaves1] 28/4/2023 11:04

150% the twitter gangs just catching on now

[tomboyb] 28/4/2023 11:01

Top riser today -

[jameshendrix2023] 28/4/2023 10:38

£77m contracts should be 100p

[ridingthewaves1] 28/4/2023 10:38

Why is not much buying

[tomboyb] 28/4/2023 10:36

( "TPX", "T PXimpact ", or the "Company")

Contract wins

Two significant contract wins with critical central government departments

Two-year digital transformation contract with Department for Education worth up to £27.4 million and four-year digital transformation contract with His Majesty's Land Registry worth up to £49 million



TPXimpact Holdings PLC (AIM: TPX), a technology-enabled services company focused on digital transformation, announces two significant contract wins with two UK central government departments. Combined, the contracts will deliver a cumulative value of up to £77 million over a four year period and demonstrates TPXimpact's position as a leading provider of digital transformation services to the public sector.


The first is a two-year contract with the Department for Education (DfE) worth up to £27.4 million, commencing in May 2023. TPX has been appointed to lead a consortium of suppliers with specialist expertise across all of the Digital, Data and Technology (DDaT) Profession Capability Framework job families, to design, develop and iterate digital services for Teachers and related users.



The second contract win is with His Majesty's Land Registry (HMLR) and is TPX's largest to date, worth up to £49 million over a four-year period, commencing in May 2023. TPX has been appointed HMLR's Digital, Data, and Technology (DDaT) Delivery Partner and will provide a range of digital and technical transformation programmes to support HMLR's ambitions to deliver a more efficient and effective service to its users.



This includes providing secure and efficient land registration, enabling digital property buying and selling, providing near real-time property information, offering accessible digital register data, and collaborating with property market partners to conduct research and accelerate change. This partnership builds on TPX's long-standing relationship with HMLR and proven track record of success as both a user-centred design and product management partner.





Bjorn Conway, Chief Executive Officer of TPXimpact Holdings PLC, commented:



"Our projects with the DfE and HMLR underscore the strength of our offering across digital transformation services, which will prove essential in driving the automation of critical government systems and services. Winning these contracts following a competitive tender process highlights the quality of our offering and consolidates our position as a leading provider of digital transformation services to the public sector.



With the Group optimised for efficiency under one brand, these contracts also represent the scale and value of the projects TPXimpact can deliver. As an agile organisation with end-to-end digital transformation capabilities, we continue to target larger and longer-term contracts across both the public and private sectors. We are excited to embark on these partnerships and look forward to the opportunities they unlock for further growth and innovation."



- Ends -

[tomboyb] 28/4/2023 10:32

Brilliant -

[ukaliptus] 28/4/2023 10:26

Anyone see today's RSN?


🌝

[ny boy] 18/4/2023 09:24

Anyone noticed a trivial matter net debt rose 70% last year between March to December?

[johneee] 14/4/2023 13:23

Going UP.....whatever happened for this to spring into life?

[boozey] 01/4/2023 07:44

Mark fundamentally it is a services business without any high margin (software etc) assets. So very labour intensive and often low margin as you say. The company expanded through acquisition too fast and couldn’t fully integrate the acquired companies fast enough into their business model. Gandhi was forced out and a new management with better governance was brought in to steady the ship. TPX now seem to be heading in the right direction but the City will need a year or so to be convinced that it has turned the corner. So one to buy as a recovery play and put in the bottom drawer.

[marktime1231] 31/3/2023 12:22

Quietly the Panoply confirms trading remains strong. FY23 revenues will be similar to last year, but surely the order book / backlog will be higher after announcing around £85M of wins in the last two quarters alone. So why can't TPX turn a decent profit from its highly valuable and valued services? Too much of its business in the low-margin public sector maybe. Or weak financial management. The point is that since TPX is selling what people want to buy the problems around its financial performance should be fixable with a bit of grown up management. Let's hope the new executive is doing that and setting a course to improve margins, in which case we are due a re-rating. The banks seem a bit happier at least.

[babbler] 31/3/2023 08:07

Great news. Let the rerate continue

[tomboyb] 03/3/2023 16:05

baby is climbing -

[bones] 17/2/2023 10:36

What a disgrace this company is.



Having decimated its shareholder value and run the company into breaking its banking covenants, it now sets up a scheme to give (yes, nil cost) over 1M shares to its executives if they manage to get a tiny bit of improvement out of a share that’s flat on its face. Apparently this is in the interests of existing shareholders of which thankfully I have never been one although I have commented about the risks here when the share price was much higher (posts 85, 89, 120, 137).

I don’t know how the board has the nerve. Are their enormous salaries not enough incentive?

[sahina123] 03/2/2023 13:59

Another director buy

[sahina123] 02/2/2023 16:21

Hopefully 30p by end of week

[tomboyb] 02/2/2023 09:23

Indeed -

a Good Dir purchase -

[sandy12345] 02/2/2023 08:07

Nice director buy. They need to buy more to restore confidence in the business.

[tomboyb] 01/2/2023 15:56

Looking to break upwards -

[tomboyb] 01/2/2023 15:50

NT at 21p -