XP Power AGM Results: Key Resolutions Passed Amid Shareholder Concerns

XP Power ( (GB:XPP) ) has provided an update.

XP Power Limited held its Annual General Meeting on April 24, 2025, in Singapore, where most resolutions were approved by shareholders. However, the advisory vote on the Directors’ Remuneration Report was not passed, and notable dissent was recorded against the re-appointment of Jamie Pike and the authority to allot shares. The company plans to engage with shareholders to address these concerns and will provide an update within six months, adhering to the UK Corporate Governance Code.

Spark’s Take on GB:XPP Stock

According to Spark, TipRanks’ AI Analyst, GB:XPP is a Neutral.

XP Power’s overall score reflects a challenging financial performance with declining revenues and profitability issues. Despite robust cash flow and strategic fundraising efforts that strengthen the balance sheet, technical analysis indicates bearish market momentum. Valuation metrics also highlight risks, with a negative P/E ratio suggesting overvaluation. However, the successful equity fundraise adds some optimism for future growth and stability.

To see Spark’s full report on GB:XPP stock, click here.

More about XP Power

XP Power Limited operates in the power solutions industry, providing critical power control components to the electronics sector. The company focuses on delivering high-efficiency power solutions for a variety of applications, including industrial, healthcare, and technology markets.

YTD Price Performance: -52.30%

Average Trading Volume: 74,692

Technical Sentiment Signal: Buy

Current Market Cap: £173.3M

Find detailed analytics on XPP stock on TipRanks’ Stock Analysis page.