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Track real-time Director Deals activity on the London Stock Exchange (LSE)
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Time Finance Plc | LSE:TIME | London | Ordinary Share | GB00BCDBXK43 | ORD 10P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.50 | 0.87% | 58.00 | 82,608 | 11:40:02 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 57.00 | 59.00 | 58.00 | 57.50 | 57.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Electrical Machy, Equip, Nec | 33.18M | 4.44M | 0.0480 | 12.08 | 53.19M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 13:49:08 | O | 6,930 | 57.28 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 04/6/2025 | 07:00 | UK RNS | Time Finance PLC Launch of New Investor Hub |
| 06/5/2025 | 12:47 | ALNC |  EARNINGS AND TRADING: Facilities by ADF swings to loss; ITM wins deal |
| 06/5/2025 | 07:00 | UK RNS | Time Finance PLC Notice of Q4 Trading Update and of Final Results |
| 25/3/2025 | 07:00 | UK RNS | Time Finance PLC Q3 Trading Update |
| 12/3/2025 | 07:00 | UK RNS | Time Finance PLC Notice of Investor Presentation |
| 03/3/2025 | 07:00 | UK RNS | Time Finance PLC Director/PDMR Shareholding |
| 28/2/2025 | 07:00 | UK RNS | Time Finance PLC Director/PDMR Shareholding |
| 27/2/2025 | 12:00 | UK RNS | Time Finance PLC Notice of Trading Update |
| 11/2/2025 | 15:23 | ALNC | Time Finance reaches all-time high for Hard Asset lending portfolio |
| 11/2/2025 | 07:00 | UK RNS | Time Finance PLC Lending Portfolio Update |
Time Finance (TIME) Share Charts1 Year Time Finance Chart |
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1 Month Time Finance Chart |
Intraday Time Finance Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 18/6/2025 | 09:38 | Time Finance PLC | 1,093 |
| 26/4/2022 | 18:16 | TIME to get on board.... | 3,291 |
| 23/1/2018 | 13:40 | Clock! | 4 |
| 17/1/2011 | 07:55 | Time Travel - Does it exist ? | 1 |
| 06/8/2009 | 23:17 | It's the moment of a lifetime: 12:34:56 on the 7/8/9? | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 22/6/2025 09:20 by Time Finance Daily Update Time Finance Plc is listed in the Electrical Machy, Equip, Nec sector of the London Stock Exchange with ticker TIME. The last closing price for Time Finance was 57.50p.Time Finance currently has 92,512,704 shares in issue. The market capitalisation of Time Finance is £53,657,368. Time Finance has a price to earnings ratio (PE ratio) of 12.08. This morning TIME shares opened at 57.50p |
Posted at 27/5/2025 11:29 by smithie6 Well done TIME...Once upon a time I ran a little competition, just for fun, for the share price growth of TIME shares versus those of another small cap. lender MFX. Both shares have gone up & down since that competition started ...but the clear winner is TIME. I can't recall the starting prices for the competition but I think that MFX was at a similar price to where it is now whereas TIME shares have clearly risen, is it perhaps +50% ? TIME clearly won the competition. ===== And if there was a competition for communication to shareholders from the bod, imo TIME would score 9.5 or 10/10, while MFX would sadly score just 1/10. ---- As an extra little note, ppl interested in investing in small cap companies that do lending such as TIME (& perhaps even MFX) might want to take a gander at lse:orch. (Davidosh for example has shares in all 3, & I hold MFX & ORCH. ...I have held TIME shares on & off since ~28p, selling last ones at ~54p I think. There are different ways to play the game, just holding is one method, buying & selling is another). |
Posted at 25/4/2025 08:45 by rivaldo Good to see the share price showing continued strength and rising back towards the January highs.The broker price target is 112p, so still plenty to go for. At the current price the P/E remains only 8.3 for the year about to start - and current forecasts are highly likely to be upgraded/beaten given both the Q3 numbers and TIME's long track record. |
Posted at 26/3/2025 10:00 by rivaldo Cavendish's latest update reads as follows FYI - as previously stated they have a 112p target price, and forecast 6.3p EPS to this May followed by 6.8p EPS:"3Q25 Trading update Time Finance has delivered another strong performance for the nine-month period to 28 February 2025, with 3Q25 representing the 15th consecutive quarter of loan book growth. Own-book lending origination grew by 5% to £69.3m (nine months to Feb 2024: £66m) with c.90% of new lending being either Invoice or Hard Asset finance. This helped the gross lending book reach a new all-time high of £210m (at 3Q24: £190m), of which c.80% is now Invoice or Hard Asset finance, up from 50% at the start of the four-year plan in May 2021. As a result, arrears reduced by 1pp YoY to 5% and bad debt write-offs remained stable at 1%, reflecting the high-quality nature of the lending book. Revenue for the nine-month period rose 14% YoY to £27.3m (nine months to Feb 2024: £24m), reflecting sustained demand for the Group’s multi-product funding solutions. The importance of scale was demonstrated by PBT increasing by 40% to £5.9m (nine months to Feb 2024: £4.2m), already matching last year’s full-year total, while PBT margins improved by 2pp points to 21%. We firmly believe that the progress seen in the previous growth plan will be sustained over the next three-year plan. This will see the lending book growing by a further c.50%, arrears remaining stable, PBT margins increasing to the mid-twenties and RoE increasing to c.15%. The share price remains c.20% off its recent highs, despite the upgraded guidance last month. The valuation looks highly compelling in our view, trading on a FY26E basic P/E of just 8.2x, PEG ratio of 0.5x and FY26E P/TNAV of 1.0x." |
Posted at 28/2/2025 15:36 by red ninja Update from Investors Champion tip site behind paywall :-Trading ahead again (27/02/25) The Group has continued to enjoy positive trading momentum throughout the first nine months of the 2024/25 financial year including record revenues, fifteen consecutive quarters of lending book growth, and arrears remaining well controlled. As a result, the Board is confident that Group performance for the year to May 2025 will be ahead of current market expectations, which were previously raised in November 2024. Revenue and Profit Before Tax for FY25 are now expected to not be less than £36.0m and £7.5m respectively - see below for previous forecasts. Broker forecasts For the year ending May 2025 forecasts were for revenue of £35.1m, pre-tax profit to £7.2m and earnings per share of 5.9 pence (growth +23%). For the year ending May 2026, forecasts are for revenue of £37.0m, pre-tax profit of £8.1m and earnings per share of 6.5 pence (growth 10%), resulting in a PE ratio of 9.2x (share price 60 pence). With the significant government support packages no longer in place post-Covid, and with the ever-increasing economic challenges facing small businesses, access to finance will be a key priority for SMEs over the coming months and years. Bonkers Bargain appeal At the current share price of 55p (17p when we first started covering them) the market capitalisation is still a lowly c£51m, a c23% premum to net tangible net assets at 30 November 2024 of £41.5m, which has also been subjected to meaningful provisions. Despite the strong share price performance over the past 12 months the PE multiple is a lowly 8.5x forecast earnings for the year to May 2025, with the PEG ratio only 0.36 - PEG is the PE multiple relative to growth in earnings. |
Posted at 28/2/2025 07:45 by someuwin Cavendish update:Time Finance (TIME): CORP Upgrading like clockwork Time Finance has announced that it has continued to see strong trading in FY25E and now expects trading to be ahead of our expectations. In line with the guidance, we have upgraded FY25E revenue by 3% to £36m and PBT by 4% to £7.5m. The Board highlights that the book has seen 15 quarters of consecutive growth whilst arrears remain well controlled, leading to record revenues. We firmly believe that the progress seen in the previous growth plan will be sustained over the next three-year plan. This will see the lending book growing by a further c.50%, arrears remaining stable, PBT margins increasing to the mid-twenties and RoE increasing to c.15%. The share price remains c.20% off its recent highs despite the upgraded guidance announced yesterday. Further confidence signals have been provided today by Director share purchases: James Roberts, CFO, has bought c.9.4k shares at 53p and Tracy Watkinson, NED, has bought c.18.2k shares at 54.85p. The valuation looks compelling, trading on a FY26E Basic P/E of just 8.4x, PEG ratio of 0.5x and FY26E P/TNAV of 1.0x. |
Posted at 27/2/2025 12:16 by shanklin On Stockopedia, Graham's commentary re TIME highlights that companies such as TIME are normally valued in relation to their TBV rather than their EPS. On TBV, TIME is overvalued; on an EPS basis it seems fairly cheap.P.S. Not currently holding and surprised by the size of the share price drop |
Posted at 06/11/2024 13:10 by someuwin Time Finance eyes North West growth with new Birchwood officeLeading independent business finance provider, Time Finance, has launched new office premises at The Square at Birchwood Boulevard as the business looks to expand its asset finance services for SMEs across the UK. Taking a five-year lease, Time Finance now occupies 4,593 sq ft of new office space in Birchwood where its 40-strong northern Asset Finance team will be based, relocating from its former premises in Warrington. The move forms part of Time Finance’s long-term growth plan and closely follows the business’ financial results, which saw a 20% increase in turnover to £33.2m and a 41% rise in pre-tax profit to £5.9m for the year ending May 2024. From its new offices, Time Finance will grow its Asset Finance services, helping businesses in sectors such as manufacturing, engineering, construction, recycling, transport, logistics plus bus and coach as well as the traditional soft asset sectors they have always supported. The office will also support the expanded delivery of Time Finance’s growing Asset Based Lending (ABL) service, through which businesses can access finance by using existing assets as capital. Ed Rimmer, Chief Executive Officer at Time Finance, commented: “We are on a really exciting growth path as we reach more businesses, particularly SMEs, with our creative and flexible finance solutions. Being able to serve our growing portfolio of deals is reliant on investing in our teams across the UK, giving them strategically located offices from which they can provide an exceptional service for our network of broker partners. We’re very excited for the future in our new Birchwood premises; it is an important part of our own growth and that of our clients across the North West and beyond.” Steve Nichols, Managing Director of Asset Finance at Time Finance, added: “Our relocation to Birchwood represents growth for our Asset Finance team as we seek to reach more UK SMEs, while also improving our connectivity and giving our team a reinvigorated space to deliver our services. “Asset Finance is a valuable tool for businesses looking to access the equipment they need to grow, but when used alongside Time Finance’s other services as part of a multi-product solution, it allows businesses to access capital tied up in their existing equipment. We look forward to reaching even more businesses with our creative funding solutions as we grow in our new office.” Time Finance specialises in the provision of funding solutions to over 10,000 UK businesses seeking to access the finance they need to realise their growth plans. As well as Invoice Finance, UK Businesses can take advantage of Time Finance’s extensive portfolio comprising: Asset Finance, Business Loans and Asset Based Lending. |
Posted at 30/6/2024 13:41 by hedgehog 100 Smithie6 - 21 Jan 2024 - 11:37:15 - 478 of 662 Time Finance PLC - TIME"I posted X days ago that I reckoned that the SME lending competitor to TIME, MFX, was a better investment & I gave numbers to support my claim. Just for fun let's have a little competition, MFX versus TIME over the coming months, to the end of June '24. Using mid prices. MFX 19p TIME 33.2p" Smithie6 - 27 Jun 2024 - 13:51:20 - 644 of 662 Time Finance PLC - TIME share price competition MFX vs TIME "X months ago I posted this idea/proposal, with the end of June as the end date. Let us see which share is winning. (end of June is at mkt close tomorrow Friday, not today) ...let us use the 20 day moving average price to get share price values, *1, noting that the share price for TIME has been moving about a bit. using mid prices was it the end of Dec. '23 as the starting point ? MFX. start 16.5p : end (1 day early) 19p 2.5p increase on 16.5p % increase = 15% TIME start 36.0p : end (1 day early) 41.5p increase of 5.5p on 36.0p % increase= 15% *1. except, will use current TIME share price since bounced from a dip, the 20 day MA would give an overly pessimistic/depresse CONCLUSION. A draw !!!! both +15% ! that is a big surprise. (I'm an MFX fan but its share price is currently well down on its maximum during the last 6 months, in part due to a complete lack of news flow. TIME is much better than MFX in producing info/newsflow to the mkt. MFX is controlled by a few big shareholders so imo the bod is not interested in devoting time to providing newsflow to the non-controlling shareholders & are instead hopefully busy trying to develop the co.)" Well I'm always up for a bit of fun, so please let me join in! The final s.p.s concerned, as at close of trading on Friday 28th. June 2024, were as follows:- MFX 19p = 0 change TIME 43.25p = +30.27% So well done to TIME on a cracking rise & win. Despite Smithie6 having the considerable advantage of being able to cherry pick the most favourable start and end dates for this contest. And a zero for a zero ... how very appropriate! But perhaps more concerning is Smithie's attempt to rewrite history with his made up b.s. in post 644 above. Look through Smithie's posting history, on both TIME & MFX, and you will see that he never said any such thing as he is now claiming. Goebbels himself would be proud. |
Posted at 29/6/2024 08:47 by red ninja Investors Champion (pay for tipsite) update on Time Finance dated 27/6/24Trading update for the year ended 31 May 2024 (27/06/24) TIME delivered significant increases across its key performance indicators, with revenue and profitability ahead of market expectations. Supported by Own-Book deal origination up 25% to £91.5m and 18% growth in the Gross Lending Book to £200m, revenue rose 20% to £33.0m and pre-tax profit was 38% higher at £5.8m. In a challenging environment this is impressive growth, ahead of expectations. The increase in revenue has been primarily driven by the growth in both the Invoice Finance division and the 'Hard Asset' subset of the wider Asset division. They are both areas which operate in the larger-ticket, more secured lending space, and they now comprise over 75% of the Group's entire lending book. There is strong future visibility of earnings with Unearned Income up 19% to £25.2m at 31 May 2024. Despite the big growth in the lending book, net deals in arrears reduced to 5% of the gross lending book while net bad debt write-offs halved to just 1% of the average lending book (FY 2022/23: 2%). Net tangible assets at the May year end were 13% higher at £38.5m, marginally greater than the current market capitalisation of £37m (share price 40 pence). Extended and enhanced funding facilities means they still had headroom in excess of £60m at 31 May 2024. Broker forecasts Following the trading update covering the 12 months to the end of May 2024 (see above), the house broker upgraded forecasts again. For the year ending May 2024 these are for revenue of £33m, pre-tax profit of £5.8m and earnings per share of 4.7 pence (growth 34%). For May 2025 forecasts were also lifted to revenue of £34.5m, pre-tax profit to £6.9m and earnings per share of 5.6 pence (growth +19%). With the significant government support packages no longer in place post-Covid, and with the ever-increasing economic challenges facing small businesses, access to finance will be a key priority for SMEs over the coming months and years. Bonkers Bargain appeal At the current share price of 40p (initially 17p) the market capitalisation is still a lowly c£37m, a c4% discount to net tangible assets at 31 May 2024 of £38.5m, which has also been subjected to meaningful provisions. Despite the strong share price performance over the past 12 months the PE multiple is a lowly 7x forecast earnings for the year to May 2025. Prior to the pandemic impacting returns, which pulled down earnings per share to 2.6p for the year ending May 2020, this business consistently delivered earnings of more than 6p and 6.8p in 2019 - net income of £6.35m. This equates to a normalised price earnings multiple of approx 6.6x. While the shares have had a good run over recent months, they remain well down on previous highs and this business continues to look ridiculously cheap on many levels. The Group's multi-product tailored offering to UK SMEs, its own-book lending strategy and its quality of service have become ever more appreciated by introducers and we struggle to believe the shares can remain at these lowly levels for much longer. If they continue to languish, an acquirer will surely pounce. |
Posted at 27/6/2024 13:51 by smithie6 share price competition MFX vs TIMEX months ago I posted this idea/proposal, with the end of June as the end date. Let us see which share is winning. (end of June is at mkt close tomorrow Friday, not today) ...let us use the 20 day moving average price to get share price values, *1, noting that the share price for TIME has been moving about a bit. using mid prices was it the end of Dec. '23 as the starting point ? MFX. start 16.5p : end (1 day early) 19p 2.5p increase on 16.5p % increase = 15% TIME start 36.0p : end (1 day early) 41.5p increase of 5.5p on 36.0p % increase= 15% *1. except, will use current TIME share price since bounced from a dip, the 20 day MA would give an overly pessimistic/depresse CONCLUSION. A draw !!!! both +15% ! that is a big surprise. (I'm an MFX fan but its share price is currently well down on its maximum during the last 6 months, in part due to a complete lack of news flow. TIME is much better than MFX in producing info/newsflow to the mkt. MFX is controlled by a few big shareholders so imo the bod is not interested in devoting time to providing newsflow to the non-controlling shareholders & are instead hopefully busy trying to develop the co.) |
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