Time Finance (LON:TIME) Issues Quarterly Earnings Results

Time Finance (LON:TIME) announced its quarterly earnings data on Thursday. The company reported GBX 6.76 EPS for the quarter, Digital Look Earnings reports. Time Finance had a net margin of 16.11% and a return on equity of 8.28%. The business had revenue of GBX 3,849 million during the quarter.

Time Finance Stock Performance

TIME opened at GBX 58 on Friday. The company has a market cap of £53.17 million, a P/E ratio of 8.83 and a beta of 0.89. The company has a current ratio of 327.47, a quick ratio of 2.26 and a debt-to-equity ratio of 1.76. The company’s 50 day moving average is GBX 57.95 and its 200-day moving average is GBX 50.59. Time Finance has a 1-year low of GBX 40.11 and a 1-year high of GBX 60.

Time Finance Company Profile

Time Finance’s purpose is to help UK businesses thrive and survive through the provision of flexible funding facilities.

Time offers a multi-product range for SMEs concentrating on Asset, Loan and Invoice Finance. While focused on being an ‘own-book’ lender, Time does retain the ability to broke-on deals where appropriate, enabling it to optimize business levels through market and economic cycles.

Operating from four locations across the UK – Bath, Birchwood, Manchester and Reading – Time has a lending book of over £200m and helps thousands of UK businesses.

More investor specific information is available on the Company’s investor hub – investors.timefinance.com – with more general information to be found on the Company’s main website: www.timefinance.com.