SME lender Time Finance FY revenue and pretax profit rise

Time Finance

Today 07:10

Overview
UK specialist finance provider's FY 2025/26 revenue rose 4% to record level
Pretax profit for the year increased 6% to £8.4 mln
Lending book grew 15% to £250.9 mln; credit quality remained stable

Outlook
Company did not provide specific financial guidance for the upcoming period in the press release

Result Drivers
SECURED LENDING FOCUS - Over 95% of new lending volume originated in Invoice Finance and Asset Finance, driving lending book growth
OPERATIONAL EFFICIENCY - Increased operational efficiencies drove margin improvement, according to management
CREDIT QUALITY - Stable arrears and write-offs supported profitability

Company press release: ID:nRSY6182Ja

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
 
GBP 38.50 mln
 
FY Pretax Profit
 
GBP 8.40 mln
 

Analyst Coverage
The one available analyst rating on the shares is "strong buy"
The average consensus recommendation for the corporate financial services peer group is "buy."
Wall Street's median 12-month price target for Time Finance PLC is GBp112.00, about 124% above its June 24 closing price of GBp50.00
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)