Business
Half-Year Trading Update & Notice of Results
Time Finance plc reported a strong first half for the six months ended 30 November 2025, with own-book new business origination up 48% to £62 million and the gross lending book growing 12% to £235 million, marking eighteen consecutive quarters of growth. Revenue increased 3% to £18.8 million, and profit before tax rose 10% to £4.3 million, with a profit before tax margin of 22%. Net tangible assets grew 14% to £47.2 million, while net arrears decreased to 4.5% and net bad debt write-offs fell to 1.0% of the average gross lending book, indicating improved asset quality. The company expects full-year financial performance to be at least in line with market guidance. Disclaimer*
About this update from Time Finance Plc
[{"type":"text","content":"\n\nThe information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.\n \n16 December 2025\n\n \nTime Finance plc\n(\"Time Finance\", the \"Group\" or the \"Company\")\n \n \nHalf Year Trading Statement\nNotice of full Interim Results and Investor Presentation\n \nRecord H1 Revenues, Profits and Lending Book, following eighteen consecutive quarters lending book growth\n \nTime Finance plc, the AIM listed independent specialist finance provider, is pleased to provide the following update in respect of the Group's trading performance for the six-months ended 30 November 2025 (\"H1 2025/26\"). The results reflect the consistently strong demand for the Group's multi-product funding offering throughout H1 2025/26 which continues to result in growth across all key financial metrics. This includes the lending book which has now seen eighteen consecutive quarters of growth, while, at the same time, strict lending discipline has delivered reducing levels of arrears and write-offs.\n \nThis update is provided in advance of the scheduled publication of the Group's full H1 2025/26 unaudited Interim Results on 27 January 2026.\n \nUnaudited H1 2025/26 financial highlights:\n \n· Own-Book New Business Origination up 48% to £62m (H1 2024/25: £42)\n· Gross Lending Book up 12% to £235m at 30 November 2025 (30 November 2024: £209m)\n· Revenue up 3% to £18.8m (H1 2024/25: £18.2m)\n· Profit before Tax up 10% to £4.3m (H1 2024/25: £3.9m)\n· Profit Before Tax margin up 100bps to 22% (H1 2024/25: 21%)\n· Net Tangible Assets up 14% to £47.2m at 30 November 2025...