20 Jan 2017
One great growth story
1pm has announced positive interim results reporting strong organic growth in H1/17 with revenues increasing 52% to £8.0m leading to PBT growth of 23% to £2.0m. Growth has been more widespread this year, with Academy and Bradgate doubling their combined revenues as they increasingly self-fund leases. Going forward, we expect the current high levels of demand from SMEs to translate into an even stronger second half, with further progress on strategic objectives expected.
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
One great growth story
Time Finance plc (TIME:LON) | 41.0 0 0.0% | Mkt Cap: 37.9m
- Published:
20 Jan 2017 -
Author:
Cavendish Research -
Pages:
36
1pm has announced positive interim results reporting strong organic growth in H1/17 with revenues increasing 52% to £8.0m leading to PBT growth of 23% to £2.0m. Growth has been more widespread this year, with Academy and Bradgate doubling their combined revenues as they increasingly self-fund leases. Going forward, we expect the current high levels of demand from SMEs to translate into an even stronger second half, with further progress on strategic objectives expected.