TPXimpact raises EBITDA guidance as public sector contract wins exceed £110m

TPXimpact Holdings (LSE:TPX) has increased its adjusted EBITDA outlook for the financial year ending 31 March 2026, now expecting earnings of at least £7 million compared with previous guidance of £6 million to £7 million. The upgrade follows strong trading during the third quarter and sustained momentum heading into the final quarter, marking the culmination of a three-year turnaround strategy centred on profitability improvement and debt reduction. Net debt is forecast to remain below £6 million, equivalent to leverage of roughly 0.85 times EBITDA.

The company reported year-to-date contract wins exceeding £110 million, supported by significant engagements across the UK public sector, including projects with DEFRA, NHS England and HM Land Registry. These awards reinforce TPXimpact’s position as a provider of digital transformation services to government organisations. To support further expansion, the group has appointed Emma Broom as Chief Growth Officer, strengthening commercial leadership as management prepares to launch a new three-year strategic plan beginning in FY27.

Despite improved operational momentum, the outlook remains constrained by weaker financial fundamentals, including declining revenue trends, ongoing losses and limited cash flow generation. Technical indicators point to a sustained upward share price trend, though overbought conditions suggest potential short-term volatility. Valuation remains challenged by negative earnings and the absence of dividend support.

More about TPXimpact Holdings PLC

TPXimpact Holdings PLC is a technology-enabled services company focused on delivering people-led digital transformation solutions. The group primarily serves the UK public services sector, where more than 90% of its clients are government or public service organisations. TPXimpact has built a growing reputation as an alternative provider of digital transformation services, combining consultancy, technology and operational expertise to help organisations modernise services and improve outcomes.