LendInvest annual loss narrows sharply amid growth-focused outlook
LendInvest PLC on Monday said it is a more resilient and scalable business nowadays, as annual loss narrowed significantly.
The London-based non-bank mortgage lender said pretax loss narrowed to £1.2 million in the financial year ended March 31, from £31.1 million a year prior.
Further, it swung to adjusted earnings before interest, tax, depreciation and amortisation of £3.2 million in financial 2025, from an adjusted loss of £19.0 million in financial 2024.
LendInvest shares jumped 16% to 43.90 pence each around midday on Monday in London.
Funds under management jumped 24% to £5.13 billion as at March 31, from £4.13 billion a year ago. Platform assets under management were 16% higher on-year at £3.23 billion compared to £2.78 billion.
New lending was up 39% at £1.23 billion from £886.5 million.
Net interest income surged 99% to £15.7 million from £7.9 million.
Chair Stephan Wilcke said: ‘LendInvest today is a more resilient, more scalable business. The capital-light platform now generates the majority of its income from fees rather than its principal investments; operating leverage has improved markedly; and our investment in technology continues to pay dividends - both in efficiency gains and in delivering a better experience to our customers and capital providers.’
Looking ahead, Chief Executive Officer Rod Lockhart said: ‘Our focus in financial 2026 is on disciplined execution: driving lending growth, improving efficiency, and growing profitability in line with current market expectations for the year.
‘We start from a stronger, leaner base, with automation and operating leverage enabling growth without expanding fixed overheads. Continued investment in platform automation and product upgrades, like our Product Transfer tool for intermediaries, is improving retention and boosting originations without raising acquisition costs. We remain committed to cost discipline, margin improvement, and sustainable growth across our core products.’
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