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The latest announcement is out from Time Finance plc ( (GB:TIME) ).
Time Finance plc has reported a strong performance for the nine-month period ending February 2025, with record levels of revenue and profit before tax. The company’s gross lending book reached a new high of over £210 million, marking the fifteenth consecutive quarter of growth. The strategic focus on secured lending through Invoice Finance and Asset Finance has been successful, with these areas now comprising 81% of the total lending book. The company’s financial health is further demonstrated by improved profit margins and stable credit quality. As Time Finance concludes its four-year strategy and embarks on a new growth phase, the board remains confident in its ability to deliver long-term value to shareholders.
More about Time Finance plc
Time Finance plc is an independent specialist finance provider that helps UK businesses thrive by offering flexible funding facilities. The company primarily focuses on Asset Finance and Invoice Finance, catering to small and medium-sized enterprises (SMEs). While it mainly operates as an ‘own-book’ lender, Time Finance also has the capability to broker deals when necessary, allowing it to adapt to market and economic changes.
YTD Price Performance: -13.71%
Average Trading Volume: 379,554
Technical Sentiment Signal: Sell
Current Market Cap: £46.72M
Learn more about TIME stock on TipRanks’ Stock Analysis page.