IN BRIEF: Time Finance expects results ahead of market consensus

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Time Finance PLC - Bath, England-based finance provider to small & medium businesses - Expects trading for the financial year ending May 31 to be ahead of the latest market expectations. Market currently expect Time Finance to report revenue of £26.0 million and pretax profit of £3.6 million. Says it is now confident that revenue and pretax profit will be at least £26.7 million and £4.0 million, respectively. In financial 2022, Time Finance reported revenue of £23.6 million and pretax profit of £1.1 million.

Current stock price: 25.75 pence, up 1.0% in London on Wednesday

12-month change: up 12%

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