Bonkers Bargains | Festive Fears | Contract wins
Results and updates covered here include positive news from one of our Bonkers Bargain opportunities, but underwhelming results from another. There was worrying news from another AIM company, whose shares tumbled in response. It’s certainly going to be a tricky festive season for some.
TPXimpact – it can only get better, we hope! TPXimpact Holdings (AIM: TPX), the technology-enabled services company focused on digital transformation, which was formerly known as Panoply Holdings, announced disappointing interim results, much as flagged at the end of September. While revenue for the six months to 30 September rose 7.7% to £40.4m, growth was all down to acquisitions, with revenue down 6.5% on a like-for-like basis. Gross profit of £10.5m was also down 11.2% from £11.8m on a reported basis and 20.5% lower on a like-for-like basis, with the gross margin only 26% compared to 31.5% in the comparable…