Business
Interim Results
Time Finance plc reported strong interim results for the six months ended 30 November 2025, with own-book new business origination up 48% to £62.6 million and a record gross lending book of £235.3 million. Revenue increased by 4% to £18.8 million, and profit before tax rose 10% to £4.3 million, with a PBT margin of 23%. Earnings per share grew 7% to 3.47 pence, and net assets increased by 9% to £75.0 million. The company also saw a reduction in net deals in arrears to 4.5% and net bad debt write-offs to 1.0%, indicating improved portfolio quality. The outlook remains positive, with the board confident that full-year trading will be at least in line with market expectations. Disclaimer*
About this update from Time Finance Plc
[{"type":"text","content":"\n\n\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 \n27 January 2026\nTime Finance plc\n(the \"Group\" or the \"Company\")\n \nINTERIM RESULTS FOR THE SIX MONTHS ENDED 30 NOVEMBER 2025\n \nRecord high Lending Book, Record H1 Revenues and Profits\nEighteen consecutive quarters of lending book growth\n \nTime Finance plc, the AIM listed independent specialist finance provider, today announces its unaudited interim results for the six-months ended 30 November 2025 (\"Results\", \"Interims\" or \"H1 2025/26\"). The Results reflect the continued strong demand for the multi-product range of finance solutions offered by the Group and the strength of the lending book.\n \nFinancial Highlights:\n· Own-Book New Business Origination up 48% to £62.6m (H1 2024/25: £42.2m)\n· Gross lending book up 12% to a record £235.3m at 30 November 2025 (30 November 2024: £209.4m)\n· Revenue up 4% to £18.8m (H1 2024/25: £18.1m)\n· Profit before Tax (\"PBT\") up 10% to £4.3m (H1 2024/25: £3.9m)\n· PBT margin improved by 1% to 23% (H1 2024/25: 22%)\n· Earnings Per Share (\"EPS\") up 7% to 3.47 pence per share (H1 2024/25: 3.24 pence per share)\n· Net Assets up 9% to £75.0m at 30 November 2025 (30 November 2024: £69.0m)\n· Net Tangible Assets up 14% to £47.2m at 30 November 2025 (30 November 2024: £41.5m)\n· Net deals in arrears fell to 4.5% of the gross lending book at 30 November 2025 (30 November 2024: 5.3%)\n· Net Bad Debt Write-Offs fell to 1.0% of the average gross lending book at 30 November 2025 (30 November 2024: 1.2%)\n· Unearned income up 13% to £29.6m at 30 No...