Time Finance PLC on Tuesday said it now expects full-year results to be ahead of market expectations.

Time Finance shares were up 11% at 58.40 pence in London on Tuesday afternoon.

The Bath, England-based asset, loan and invoice finance provider for small and medium enterprises said it expects revenue and pretax profit for the current financial year ending on May 31 to be over £35.1 million and £7.2 million respectively.

Market expectations for the company currently stand at £34.5 million in revenue and £6.9 million in pretax profit. Following ‘positive trading in the first five months’ of financial 2025, Time Finance’s expectations are ahead by 1.7% for revenue and 4.4% for pretax profit, respectively.

For financial 2024 Time Finance reported revenue of £33.2 million and pretax profit of £5.9 million, marking increases of 20% and 40% from £27.6 million and £4.2 million, respectively, in the prior year.

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