Time Finance plc (GB:TIME) has released an update.
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Time Finance plc reports a remarkable year, with a notable growth in its lending book to approximately £200m and a 20% increase in revenue to £33.0m, reflecting the success of their strategic focus on own-book lending to UK businesses. Profit Before Tax soared by 38% to £5.8m, with key areas such as Invoice Finance and ‘Hard Asset’ divisions driving the growth. The company anticipates continued robust performance and increasing shareholder value.
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