LendInvest PLC has today announced its Full Year 2026 Half Year Interim Results.
To watch the presentation, please follow this link. Additionally, the RNS announcement on the results can be found here.
The lender has made strong progress over the last six months. The strategy set out last year is now fully embedded into the day-to-day operations, and is delivering.
A few highlights:
- £664 million of new lending, up 23% year on year, with Platform Assets Under Management (AUM) up 17% to £3.45 billion.
- A continuing funding base that continues to strengthen, with Funds Under Management (FUM) up 14% to £5.3 billion, and 75% of platform AUM now backed by third-party capital.
Profitability continues to improve:
- Net Operating Income up 29% to £21.5 million
- Adjusted EBITDA of £3.7 million
- £1.2 million profit before tax, the firm’s second consecutive profitable half
- Real operating leverage with underlying costs down while lending volumes continue to grow
- Retention is now considered a growth engine, particularly in the lender’s Buy-to-Let (BTL) offering, driven by improvements to their broker and product transfer journeys.
- Two major funding transactions post period-end, further strengthening the balance sheet and extending the fintech’s funding runway.
Despite a rather choppy macro-economic backdrop and brief slowdown around the most recent Budget, the pipelines remain strong. The company is entering the sercond half of the financial year with good momentum and remains on track with full-year market expectations.
Rod Lockart, CEO of LendInvest said: “As we look ahead, our focus remains on disciplined execution – scaling lending, protecting margins and compounding profitability.
While we experienced some temporary slowdown in property purchase activity ahead of the November Budget, performance for the full year is expected to remain in line with market expectations.
With a proven model and growing momentum, LendInvest is well-positioned to capture the next phase of growth as market conditions improve.”
