Business
Audited results for the year ended 31 March 2025
Time To ACT plc reported audited results for the year ended March 31, 2025, with turnover increasing by 21% to £2,281,394 from £1,891,065 in the prior year, representing a compound annual growth rate of 39% from 2022 to 2025. The gross profit margin improved to 47% from 43%. Cash at year-end decreased to £964,555 from £1,887,904. The company raised £274,000 in May 2025 through issuing 685,000 new ordinary shares at 40p per share, including £200,000 from Puma AIM VCT plc, and converted £60,619 of convertible loans into 151,546 new ordinary shares at 40p per share. The Group EBITDA, adjusted for IPO related exceptional costs, was a loss of £618,741 in 2025 and loss of £888,374 in 2024. Disclaimer*
About this update from Time To Act Plc
[{"type":"text","content":"\n\n \n25 September 2025\nTime To ACT plc\n(\"Time To ACT\", \"the Company\" or \"the Group\")\n \nAudited results for the year ended 31 March 2025\n \nTime To ACT plc (AQSE: TTA), an engineering-led group focused on technology for the energy transition supply chain, announces its audited results for the year ended 31 March 2025. \nFinancial highlights\n· Turnover of £2,281,394 (prior year £1,891,065). Growth of 21%. \n· Compound annual growth rate for underlying turnover, 2022 to 2025, of 39%.\n· Gross profit margin of 47% (43%).\n· Cash at year end £964,555 (£1,887,904).\n· IPO in May 2024 on Aquis Stock Exchange. Converted £553,858 of existing convertible loans into 1,384,645 new Ordinary Shares at 40p per share. Issued an additional 80,000 new Ordinary Shares at 50p per share.\n· In May 2025, raised £274,000 through the issue of 685,000 new Ordinary Shares at 40p per share. Including £200,000 from Puma AIM VCT plc. In addition, converted £60,619 of existing convertible loans at 40p per share into 151,546 new Ordinary Shares.\n· Unqualified (clean) audit opinion.\n \nChris Heminway, Executive Chairman of Time To ACT plc said:\n\"With these results, the Time To ACT group has continued to prove its resilience against a challenging world backdrop. Large project activity has been delayed globally and yet we have grown sales as promised at the time of the IPO in May 2024. At that time, we targeted revenue growth of 50% on an expected base-year sales of £1.6m - or sales of £4.0m in total over the two years. With some sales pulled forward into the first of the two years, we nevertheless exceeded the aggregate target with total sales of £4.2m. I am very pleased with this performance. For the currently ongoing financial year, we have found replacement revenues to offset certain Large Parts project delays and therefore currently see no reason to revise our target of £3.5m of sales.\" \n\n\n\n\nTime To ACT plc\nChris Heminway, Executive Chairman\nGary Wallace, Chief Financial Officer\nInvestor questions on this announcement:\n\n\nTel: +44 (0) 1642 967138\n \n \n \n \nhttps://investors.timetoactplc.com/link/eNmdky\n\n\n\n\nVSA ...