Time Finance Full Year results to be ahead of market expectations

Time Finance
[shareaholic app="share_buttons" id_name="post_below_content"]

Time Finance plc (LON:TIME), the AIM listed independent specialist finance provider, has announced that the Group will provide a detailed trading update in respect of the financial year to 31 May 2024 on 26 March. The FY24 trading update will fully incorporate nine months of Group trading to 29 February 2024.

With continued strong demand from businesses across the UK for the range of alternative finance products that the Time Finance offers, and with positive trading momentum continuing throughout December, January and February, the Board has confidence that FY24 Revenue and Profit Before Tax will now be not less than £31.5m and £5.7m respectively, each ahead of latest market expectations(1).

(1)   Current market expectations at the date of this announcement are of FY24 revenue of £30.8m and FY24 PBT of £5.4m.

We’ll keep you in the loop!

Join 1,000's of investors who read our articles first

We don’t spam! Read our privacy policy for more info.

Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:
Time Finance plc (LON:TIME) reports strong trading momentum in early FY25, forecasting revenues of at least £35.1m and profit before tax of £7.2m.
Discover top-performing stocks across health, energy, finance, and telecom with insights from leading analysts to make informed investment decisions.
Join Ed Rimmer, CEO of Time Finance PLC, as he presents the company's Q1 2024 financial achievements, growth strategy, and SME funding focus.
Time Finance plc exhibits strong growth with a 40% profit increase in FY24, driven by strategic shifts in secured asset lending and invoice financing.
Time Finance plc boosts its invoice finance funding facility with NatWest to £65M, fueling UK SME growth and reinforcing strong financial performance.
Time Finance plc (LON:TIME) renews and increases its invoice finance funding facility with NatWest to £65m to support UK SME lending and growth.

Search

Search