Formerly youDevise Ltd and First Coverage Inc., TIM Group develops technology for the finance sector. Our core products are software applications that enable institutional brokers to gain rewards for generating alpha via trade ideas whilst helping investment managers to achieve market-beating returns.
TIM Group has offices in London, North America and Hong Kong. Our global team is expert in the art of unlocking alpha for brokers and investors. We understand the needs of our clients, and we pride ourselves on being ultra-responsive in supporting them.
Since launching our core product, TIM Ideas Equities, in 2005 we have also developed a range of other products. TIM Investor is our new investment decision support platform, providing investment managers with key signals and analytics to facilitate their pursuit of alpha. It is not only the optimal interface for receiving trade ideas, but also the only research tool offering the Indicator: a demonstrably predictive signal of short to medium-term price changes.
Company Growth (employees)
TIM Group was founded in 2002 and is headquartered in London, GB
Key People at TIM Group
Richard Koppel
Chief Executive Officer
Colin Berthoud
Founding Partner
Rob Bernstein
Chief Financial Officer
Jeffrey Fredrick
Chief Technology Officer
Jeremy Harris
General Manager, Asia
TIM Group Office Locations
TIM Group has offices in London, Hong Kong, Boston and New York
London, GB (HQ)
One Aldgate
New York, US
888 7th Avenue
Boston, US
745 Atlantic Ave
Hong Kong, HK
The Workst@Tion 43 Lyndhurst Terrace
TIM Group Data and Metrics
Summary Metrics
Founding Date | 2002 |
Total Funding | $2.4 m |
Investors | Wellington Financial |
TIM Group Financial Metrics
TIM Group's revenue was reported to be £12.6 m in FY, 2016 which is a 12% increase from the previous period.
GBP
Revenue (FY, 2016) | 12.6 m |
Revenue growth (FY, 2015 - FY, 2016), % | 12% |
Gross profit (FY, 2016) | 8.8 m |
Gross profit margin (FY, 2016), % | 70% |
Net income (FY, 2016) | 683.9 k |
Cash (31-Dec-2016) | 680.4 k |
| GBP | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Revenue | 10.6 m | 11.3 m | 12.6 m |
Revenue growth, % | 6% | 12% | |
Cost of goods sold | 3.7 m | 3.8 m | 3.8 m |
Gross profit | 6.9 m | 7.5 m | 8.8 m |
Gross profit Margin, % | 65% | 66% | 70% |
Operating expense total | 9 m | 7.9 m | 8.5 m |
Pre tax profit | (2.3 m) | (553.8 k) | 246.4 k |
Net Income | (1.8 m) | (132.8 k) | 683.9 k |
| GBP | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 1.9 m | 1.2 m | 680.4 k |
Accounts Receivable | 2 m | 3.5 m | 4.5 m |
Current Assets | 5 m | 5.8 m | 6.3 m |
PP&E | 106.2 k | 366.7 k | 403.7 k |
Goodwill | 5.6 m | 5.2 m | 5.3 m |
Total Assets | 10.7 m | 11.4 m | 12 m |
Accounts Payable | 728.5 k | 323.6 k | 398.6 k |
Current Liabilities | 8.9 m | 9.9 m | 10.5 m |
Total Liabilities | 9.7 m | 10.5 m | 10.5 m |
Retained Earnings | (1.8 m) | (132.8 k) | 683.9 k |
Total Equity | 930.3 k | 912.6 k | 1.6 m |
Financial Leverage | 11.5 x | 12.5 x | 7.6 x |
| GBP | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash From Operating Activities | 2.7 m | 1.6 m | 2.5 m |
Cash From Financing Activities | 46.4 k | (221.5 k) | (578.3 k) |
Income Taxes Paid | 476.3 k | 421 k | 437.5 k |
| GBP | Y, 2016 |
|---|---|
Revenue/Employee | 144.7 k |
Financial Leverage | 7.6 x |
