LendInvest
LINV · AIM · Financial Services · mcap £40m · 28.5p
LendInvest makes short-term bridging and buy-to-let mortgage loans to UK property investors and developers. It funds these through its own balance sheet, bank lines, securitisations and third-party investor money, earning interest and fees.
The case for
- Full-year profit of £3.2m and adjusted EBITDA of £8.7m in FY26 versus a loss and £2.8m the year before. 15 Jul 2026
- Record lending of £1.44bn and rising assets under management of £3.82bn. 23 Apr 2026 15 Jul 2026
- Diverse funding: JPMorgan, three-bank warehouse, Lloyds, Castlelake and AAA-rated securitisations. 10 Sep 2024 21 Oct 2024 27 Jan 2025 26 Jan 2026 28 Oct 2025
- Debt was cut by 56% in FY24 and net assets rose to £72.7m by September 2025. 24 Jul 2024 9 Dec 2025
The case against
- Profits remain small relative to lending, and past profit guidance slipped, with the £12.1m gain withdrawn. 17 Jun 2024 15 Jul 2026
- FY25 loss of £1.2m means the early 'return to profit in FY25' goal was only met in the second half. 21 Jul 2025
- Insiders sold shares in December 2025; the share price fell about 30% in the first half of 2026. 17 Dec 2025 18 Dec 2025
- Refinancing of 2026–27 notes was only partly taken up and the new bond carries a high 8.25% coupon. 12 Nov 2025
- FY26 results were delayed pending auditor quality control checks. 14 Jul 2026
Both sides use only facts from the company's announcements · not investment advice
Company filings. Not investment advice.