20 Jan 2022
Cenkos: Time Finance plc -- Post-pandemic recovery firmly afoot
In today's interim results, Time Finance has continued to generate growth despite the persisting challenges of the pandemic. FY22E is a year of investment and transition to allow the company to ratchet up growth in FY23E to move towards their goal of doubling the gross loan book over 5 years. To achieve this, investment has been made across the sales resource of Asset, Invoice Finance and Commercial Loans divisions. The size of their own lending book has increased again and the quality has impro ....
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Cenkos: Time Finance plc -- Post-pandemic recovery firmly afoot
Time Finance plc (TIME:LON) | 41.0 0 0.0% | Mkt Cap: 37.9m
- Published:
20 Jan 2022 -
Author:
Andrew Renton -
Pages:
6
In today's interim results, Time Finance has continued to generate growth despite the persisting challenges of the pandemic. FY22E is a year of investment and transition to allow the company to ratchet up growth in FY23E to move towards their goal of doubling the gross loan book over 5 years. To achieve this, investment has been made across the sales resource of Asset, Invoice Finance and Commercial Loans divisions. The size of their own lending book has increased again and the quality has impro ....