ShareSoc is hosting a webinar with Time Finance (LON:TIME) on 26/3/24, which may be of interest to current shareholders or potential investors. Ed Rimmer (CEO) and James Roberts (CFO) will be presenting. You can register here: https://www.sharesoc.org/events/sharesoc-webinar-with-time-finance-plc-time26-mar-2024/
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Time Finance plc TIME, the AIM listed independent specialist finance provider, announces that the Group will provide a detailed trading update in respect of the financial year to 31 May 2024 ("FY24") on 26 March. The FY24 trading update will fully incorporate nine months of Group trading to 29 February 2024.
With continued strong demand from businesses across the UK for the range of alternative finance products that the Group offers, and with positive trading momentum continuing throughout December, January and February, the Board has confidence that FY24 Revenue and Profit Before Tax ("PBT") will now be not less than £31.5m and £5.7m respectively, each ahead of latest market expectations(1).
(1) Current market expectations at the date of this announcement are of FY24 revenue of £30.8m and FY24 PBT of £5.4m.
That is about the 4th upgrade to expectations within that nine months
