By Steve Moore | Tuesday 10 September 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.
Most recently writing on ‘digital transformation’ provider to largely the UK public sector TPXimpact (TPX), in May with the shares up to 43.5p I questioned it reiterating previously-announced targets. So what of now a “Trading Update” including “maintaining its FY25 Adjusted EBITDA target of £7-8m… FY26, the board is maintaining its targets of like-for-like revenue growth of 10-15% and an Adjusted EBITDA margin of 10-12%. The board remains confident that the company is strongly positioned in its key markets, with significant opportunities in digital transformation and responsible AI” – and the shares currently approaching 6% down towards 40p?
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