LINV

Lendinvest PLC

Financial Services First-pass screen £37m

430/1000 Overall fit

AI beneficiary 35% 38

Operating leverage 25% 68

Valuation 25% 30

Downside protection 15% 36

First-pass take

UK alternative property lender with strong operational leverage (OpEx -22%, Adj EBITDA £3.2m). However, early-stage profitability (statutory loss £1.2m), net debt £657m (>200x Adj EBITDA), cyclical exposure, no AI beneficiary thesis.

Flags

no-valuation-dataearly-stage-profitabilitynet-debtcyclicalhigh-leverage