With a record revenue and EBITDA performance announced for Q1, The Panoply has clearly enjoyed a strong start to FY 21E. Operational momentum remains strong, with the group securing £14m of new business during the quarter. Noting that the group entered the current financial year with a £15m order backlog, we believe that visibility on our FY 21E revenue forecast is good. The group’s financial position saw a material improvement during the quarter, the net cash balance improv
21 Jul 2020
A strong start to FY 21E
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A strong start to FY 21E
TPXimpact Holdings PLC (TPX:LON) | 36.5 0 0.0% | Mkt Cap: 33.6m
- Published:
21 Jul 2020 -
Author:
Blaine Tatum -
Pages:
7
With a record revenue and EBITDA performance announced for Q1, The Panoply has clearly enjoyed a strong start to FY 21E. Operational momentum remains strong, with the group securing £14m of new business during the quarter. Noting that the group entered the current financial year with a £15m order backlog, we believe that visibility on our FY 21E revenue forecast is good. The group’s financial position saw a material improvement during the quarter, the net cash balance improv