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By Lars Mucklejohn Property fintech Lendinvest has issued a profit warning for its 2024 financial year after an accounting error related to a £5m securitisation deal. The firm, which operates an online marketplace for property finance, said on Monday that the market should now “reduce expectations” for its 2024 net operating income and pretax profit by disregarding a previously expected net gain of £12.1m from the deal. As of April, Lendinvest’s company-compiled consensus forecast a net operating income of £36m and pretax loss of £15.9m for the financial year ending on 31 March 2024. The firm …

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