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TPXimpact – argues Q3 trading in line with achieving financial targets, but how ‘pleasing’ is the performance really?…

By Steve Moore | Monday 12 February 2024

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Arguing it “is being increasingly recognised as a leading alternative digital transformation provider to the UK public services sector”, TPXimpact Holdings (TPX) has issued a “Q3 Trading Update” (to 31st December 2023) including that it “is pleased to confirm that trading in Q3 was in line with achieving the company's financial targets for the current financial year” and “the outlook remains positive”. So what of a current 40.5p share price comparing to above 100p in autumn 2022?
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