Time Finance (TIME)

Sector:

Financials

Index:

FTSE AIM All-Share

 58.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 63.00p
  • 52 Week Low: 32.20p
  • Currency: UK Pounds
  • Shares Issued: 92.51m
  • Volume: 128,123
  • Market Cap: £53.66m
  • RiskGrade: 204
  • Beta: 0.23

Time Finance reports continued positive trading progress

By Josh White

Date: Tuesday 12 Nov 2024

LONDON (ShareCast) - (Sharecast News) - Time Finance announced continued positive trading momentum in the first five months of its 2025 financial year on Tuesday, driven by record revenues and a growing lending book.
The AIM-traded finance provider said it now expected its full-year results to exceed market expectations, forecasting revenues of at least £35.1m and profit before tax of no less than £7.2m, up from the previously-anticipated £34.5m in revenue and £6.9m in profit before tax.

It said the optimism was supported by controlled arrears levels, which remained low amidst the company's growth.

Time Finance said it would release a detailed trading update for the first half of the financial year on 29 December.

Its board said it was confident in the group's performance trajectory, and its ability to sustain the strong financial momentum seen so far this financial year.

At 1606 GMT, shares in Time Finance were up 12.4% at 59.01p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Time Finance Market Data

Currency UK Pounds
Share Price 58.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 63.00p
52 Week Low 32.20p
Volume 128,123
Shares Issued 92.51m
Market Cap £53.66m
Beta 0.23
RiskGrade 204

Time Finance Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
6.44% below the market average6.44% below the market average6.44% below the market average6.44% below the market average6.44% below the market average
29.63% below the sector average29.63% below the sector average29.63% below the sector average29.63% below the sector average29.63% below the sector average
Price Trend
94.81% above the market average94.81% above the market average94.81% above the market average94.81% above the market average94.81% above the market average
94.64% above the sector average94.64% above the sector average94.64% above the sector average94.64% above the sector average94.64% above the sector average
Income Not Available
Growth
86.47% above the market average86.47% above the market average86.47% above the market average86.47% above the market average86.47% above the market average
88.24% above the sector average88.24% above the sector average88.24% above the sector average88.24% above the sector average88.24% above the sector average

Time Finance Dividends

  Latest Previous
  Final Interim
Ex-Div 31-Oct-19 04-Apr-19
Paid 12-Dec-19 01-May-19
Amount 0.56p 0.28p

Trades for 06-Dec-2024

Time Volume / Share Price
11:53 100,000 @ 59.00p
15:53 1,712 @ 58.40p
15:38 5,000 @ 57.30p
15:33 2,500 @ 57.30p
15:31 5,000 @ 57.50p

Time Finance Key Personnel

CFO James Roberts
CEO Edward Rimmer

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