Time Finance Share Discussion Threads

[someuwin] 10/1/2025 16:12

"...Moreover, the competitive environment remains highly favourable for Time Finance to continue cherry picking new business from SMEs. Indeed, the British Business Bank’s survey of the funding landscape for SMEs pointed to the flow of bank lending declining by 9 per cent in 2023 to a level last seen in 2016 in real terms. It remained at that level last year.

So, offering 82 per cent upside to analysts’ fair value estimates (112p), and with the earnings risk skewed to the upside, I remain a buyer."

[someuwin] 10/1/2025 11:48

Time Finance @time_finance -Jan 7

Another Invoice Finance deal completed! ✅

We provided a £325,000 invoice finance facility to support this business, which specialises in the delivery and installation of luxury home appliances on behalf of its customers.

Our facility will help cover their ongoing operational costs and give them the peace of mind to continue fulfilling orders and seeking new contracts.

🔒Our team also provided the business with Selective Bad Debt Protection. This optional service will protect their cashflow in the event their customers fail to pay.

[someuwin] 10/1/2025 09:27

Time Finance
@time_finance
We have been shortlisted! ⭐🏆

What a perfect way to end the week to be shortlisted in the Business Money Facts Awards 2025.

We have been shortlisted for the following awards:

🏆 Best Service From an Asset Based Finance Provider
🏆 Best Factoring & Invoice Discounting Provider

Congratulations to all those shortlisted. We look forward to celebrating with you at the ceremony in April 🥂

[harrywilliam] 08/1/2025 15:37

I've took the opportunity to buy more

[edmate] 08/1/2025 14:25

Disappointing drop

[hastings] 06/1/2025 13:19

Nice start to the New Year.

[buckinghamshirelad] 06/1/2025 11:50

What's that about? A whole load of buys around 11am?!!?!?

[harrywilliam] 06/1/2025 10:59

TIME to hit new highs

[welsheagle] 02/1/2025 17:41

Positive article on Time finance in 'Investor's Chronicle' this week

[someuwin] 30/12/2024 13:13

Cant get a buy quote for just £2k.

[someuwin] 23/12/2024 19:20

Time Finance @time_finance
2024 has been a rewarding year for our team! 🚀🎉

📆 Our Time Finance Wrapped video is here and we are excited to showcase what we have achieved as a business this past year.

2024 was a fantastic year for us. From opening a brand-new office to launching our Graduate Recruitment Programme, look at our highlights in our Year in Review video below.

Here's to another successful year in 2025! 🥂

[harrywilliam] 23/12/2024 13:32

Just added, this is easily worth a quid a share in h1 2025

[doobz] 23/12/2024 13:29

Having a go at new year high, favourite holding by a long shot and easily my largest. Well done this year everyone

[gswredland] 19/12/2024 09:44

Interesting to see!
As already said they are a bit cautious which I like.
Good to see that Cavendish target

[rivaldo] 19/12/2024 09:35

This is from the H1 trading update a year ago on 19th December '23:

"Continuing positive trading momentum, leading to expectation of Group trading for the full year to be at least in line with recently upgraded market guidance"

i.e almost exactly the same word for word! Subsequently there were at least two further profit upgrades.....

[buckinghamshirelad] 19/12/2024 08:56

I am no expert but I think it was this:
"Continuing positive trading momentum; leading to expectation of Group financial performance for the full year to be at least in line with recently upgraded market guidance"
But the management team is cautious (a good thing!) so I think it was a short term profit take for people who have seen very good results but not miles better than anticipated. There was nothing here that was unexpected.
Hoping that we see a gentle reset into the 60s then build from there. I'm in at mid 40s overall so happy!
Wishing you lovely people a somewhat premature wonderful Christmas and profitable New Year.
:-)

[sundance13] 19/12/2024 08:46

Bought in on the initial weird dip

[boonkoh] 19/12/2024 08:37

Ah I see the usual pattern has resumed here.A spike up before results/TU. Then a fall on the day. And then in the days ahead, it motors up strongly.It's now happened for the last few times this year. Such odd behaviour. But looks like history is repeating itself today!(I hold in the Boon Fund)

[someuwin] 19/12/2024 08:35

Cavendish

"Time Finance (TIME): CORP Time for a Christmas update Time Finance has released its 1H25E trading update pointing to a continuation of strong performance. The gross book grew 11% to £209m (1H24A: £189m) meaning the Group remains on track to hit its 4-year plan to approximately double the book by May 2025. The quality of the growth has remained high with Invoice Finance and the ‘Hard’ subset of Asset Finance representing c.85% of new deals originated in the period, leading to net bad debt write-offs remaining stable at just 1% of the average lending book. Revenue increased 16% to £18.2m (1H24A: £15.7m) whilst PBT increased an impressive 44% to £3.9m (1H24A: £2.7m) giving the company a good chance of outperforming our recently upgraded FY25E PBT of £7.2m given the compounding nature of the growing loan book. Overall, due to operational gearing and Invoice Finance growth driving higher margin revenue mix, there was a significant increase in PBT margin by 4pp to 21% (1H24A: 17%), something we expect to continue to trend higher as the business further expands. Time’s valuation looks compelling trading on a FY26E basic P/E of 9.2x and FY26E P/TNAV of 1.1x. We reiterate our 1-year price target of 112p, representing nearly 100% upside."

[owenski] 19/12/2024 08:18

On those metrics, TIME valuation seems rather cheap.

[rivaldo] 19/12/2024 08:14

Yep, outstanding H1 results.

The £3.9m PBT in H1 means TIME are in a position to thrash even the recently increased forecast of £7.2m PBT for the year.

Write-offs are small and stable, arrears are actually falling and margins are rising.

The group is transforming to a higher quality loan book against invoices and "Hard" assets.

Most importantly the outlook is rosy and suggestive of further upgrades:

"Continuing positive trading momentum; leading to expectation of Group financial performance for the full year to be at least in line with recently upgraded market guidance"

[hastings] 19/12/2024 07:16

Great performance as previously outlined and momentum continues.

[buckinghamshirelad] 18/12/2024 13:16

Ahhhh.... that explains the rise
:-)

[rimau1] 18/12/2024 12:55

Trading update tomorrow

[someuwin] 20/11/2024 09:17

Time Finance @time_finance
New Invoice Finance Deal Alert! 🚨

🥜 We provided this nut and dried fruits wholesaler with a £300,000 invoice finance facility.

The company needed funding to stabilise cash flow after transitioning from their previous funder. Our flexible funding solution will empower them to take on larger orders without financial limitations, which is crucial for their continued growth.

💷 This facility offers the working capital needed to expand their range of nuts, dried fruits, and granola. It also helps bridge cash flow gaps caused by long payment terms from their debtors, ensuring a steady financial footing moving forward.