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Lendinvest (LINV) investor relations material
Lendinvest H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved strong lending growth of £663.6m, up 23% year-on-year, with platform AUM rising 17% to £3.45bn and funds under management up 14% to £5.31bn.
Net fee income increased 9% to £11.6m, net operating income rose 29% to £21.5m, and adjusted EBITDA improved to £3.7m from a loss last year.
Profit before tax reached £1.2m, marking the second consecutive profitable half and a 151% year-on-year increase.
Transformation to a lean, scalable, tech-driven platform is fully embedded, driving operating leverage and profitability.
Completed seventh RMBS securitisation and issued a £75m retail bond, enhancing funding flexibility.
Financial highlights
Net operating income up 29% year-on-year to £21.5m.
Net interest income surged 55% to £9.3m, with net interest margin up 5bps to 2.42%.
Adjusted EBITDA improved to £3.7m from a £0.3m loss last year.
Profit before tax at £1.2m, up 150% year-on-year.
Net assets increased 10% to £72.7m, supporting balance sheet resilience.
Outlook and guidance
Entering H2 with a strong lending pipeline and scalable platform, with full-year performance expected to meet market expectations.
Earnings trajectory and funding capacity continue to improve, with positive momentum into the second half.
Recent bond exchange to lower-cost, longer-term debt strengthens balance sheet and future earnings capacity.
Underlying costs expected to trend down, supporting positive operating jaws.
Medium-term ambition is to scale lending and AUM without proportionally increasing costs, broaden institutional capital, and focus on automation and AI.
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