Time Finance (LON:TIME) Releases Quarterly Earnings Results

Key Points

• Time Finance reported quarterly earnings of GBX 6.34 per share, with a return on equity of 6.84% and a net margin of 13.43%.
• The company's stock opened at GBX 56.07, showing a 50-day moving average of GBX 55.38 and a 200-day moving average of GBX 55.53.
• Time Finance focuses on providing flexible funding facilities for UK SMEs, specializing in Asset, Loan, and Invoice Finance.

Time Finance (LON:TIME - ) posted its quarterly earnings results on Wednesday. The company reported GBX 6.34 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Time Finance had a return on equity of 6.84% and a net margin of 13.43%.

Time Finance Price Performance

TIME opened at GBX 56.07 on Wednesday. The stock has a 50-day moving average price of GBX 55.38 and a 200-day moving average price of GBX 55.53. The company has a debt-to-equity ratio of 2.82, a current ratio of 1.38 and a quick ratio of 2.26. The firm has a market cap of £51.27 million, a PE ratio of 981.96 and a beta of 1.69. Time Finance has a 1 year low of GBX 43.25 and a 1 year high of GBX 66.89.

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.

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