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LendInvest Expected to Raise £300 Million in Initial Public Offering
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Investegate |LendInvest Secd Inc Announcements | LendInvest Secd Inc: Annual Financial Statements (Consolidated)
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Interim financial statements for its parent, LendInvest Limited, for the period to 30 September 2020 LendInvest Secured Income plc (the Company ), a wholly owned subsidiary of LendInvest Limited ( LendInvest ), the platform for property finance, has published the interim financial statements of LendInvest for the six month period to 30 September 2020. Highlights include: - £56.4 million Gross revenue (+11% vs six month period to 30 September 2019) - £17.6 million Gross profit (+22% vs six month period to 30 September 2019) - £6.2 million EBITDA (+244% vs six month period to 30 September 2019) Rod Lockhart, CEO of LendInvest, commented: It s been a uniquely challenging year, one which the industry could never have foreseen nor planned for.