Time Finance PLC - Bath, England-based asset, loan and invoice finance provider for small and medium enterprises - Pretax profit rises 44% to £3.9 million in the six months to November 30 from £2.7 million a year prior. Revenue increases 16% to £18.2 million from £15.7 million. Pretax profit margin improves to 21% from 17%. Earnings per share jump 39% to 3.24 pence per share from 2.33p. ‘Continued positive trading momentum throughout December 2024 gives significant confidence that full year trading will be at least in line with market expectations,’ company says. Confident that the results for the full-year will be ‘at least’ in-line with current market expectations.
Current stock price: 61.18 pence, down 5.1% in London on Tuesday
12-month change: up 59%
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