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TPXimpact has released its first set of financial results since the co-founders, Neal Ghandi and Oliver Rigby, stepped down from their executive positions of CEO and CFO respectively. Both are now in non-executive director roles. In their places, from 1st October, are Bjorn Conway as CEO and Steve Winters as CFO (see All change at the top for TPXimpact).
As would be expected, they have set about undertaking a detailed operational review of the business. Readers of TechMarketView might remember from previous analysis (see TPXimpact turns a few corners and work back) that the ‘buy and build’ digital transformation services company has been undertaking a complex integration at the same time as pursuing ambitious growth plans.
Today’s H1 results, for the period to 30th September 2022, show the challenges that the period has brought. Read more.
TechMarketView subscribers can read our additional analysis in UKHotViewsExtra - TPXimpact H1: Challenged internally and externally | TechMarketView. If you are not yet a subscriber, or are unsure if your company has a corporate subscription, please contact Deb Seth who will investigate your options.
Posted by Georgina O'Toole at '10:13' - Tagged: results reorganisation digital integration digitaltransformation
