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Time Finance profit before tax surges 34% in FY24/25
Yahoo Finance· 2025-09-25 13:56
Time Finance has reported a profit before tax (PBT) of £7.9m ($10.6m) for the year ending 31 May 2025, a 34% increase from the £5.9m ($8m) recorded in the previous fiscal year. The company's lending book value reached £217.4m, showing an 8% growth, with deal origination also rising by 5% to £96.5m. Notably, the asset finance division, including the 'Hard' subset, and the invoice finance division, grew by 31% to £111m and 8% to £70m, respectively. Time Finance has also expanded its reach by introducing ...