Time Finance has announced that it expects its full-year results to surpass market expectations due to strong trading throughout the first nine months of the 2024/25 financial year (FY).
Time Finance is set to release its trading update for Q3 FY25 on 25th March 2025.
The company’s recent performance has seen record revenues and 15 consecutive quarters of growth in its lending book.
Arrears have stayed well within control.
Consequently, the board is confident that the group’s performance for FY25 will exceed the previously raised market expectations set in November 2024.
Revenues and profit before tax for FY25 are now expected to be at least £36.0m and £7.5m, respectively.