Time Finance PLC - Bath, England-based finance provider to small and medium businesses - Notes continued sound demand from businesses across the UK for the range of alternative finance products that the company offers. Says positive trading momentum continued throughout December, January and February. Expects revenue in the current financial year ending May 31 to rise by at least 14% to £31.5 million from £27.6 million in financial 2023. Further, anticipates pretax profit to jump at least 37% to £5.7 million from £4.2 million a year prior, which it says is ahead of the latest market expectations of £30.8 million for revenue and £5.4 million for pretax profit.

Current stock price: 39.80 pence per share, closed 4.2% higher on Tuesday in London

12-month change: up 78%

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