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Time Finance plc ( (GB:TIME) ) just unveiled an announcement.
Time Finance plc has reported a record-breaking performance for the first half of the 2024/25 fiscal year, with significant increases in revenue and profit, driven by strategic growth in its lending book. The company attributes this success to its focus on Invoice and Asset Finance, maintaining credit quality while expanding, and expects continued positive momentum to align with upgraded market guidance.
More about Time Finance plc
Time Finance plc is a specialist finance provider in the UK, focusing on assisting businesses through flexible funding solutions. It offers a diverse range of products for SMEs, including Asset Finance, Loan Finance, and Invoice Finance, and operates primarily as an ‘own-book’ lender while also having the capacity to broker deals when necessary.
YTD Price Performance: 56.16%
Average Trading Volume: 291,387
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £52.73M
Learn more about TIME stock on TipRanks’ Stock Analysis page.
