How much runway does Investengine have?

General
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I noticed from filing reports on Companies House that Investengine has raised £10.65M between March 2023 (the latest date for accounts) and November 2024.

It’s great that Investengine has been able to raise this amount of funding (presumably from mainstream investors) without resorting to crowdfunding!

I’m curious for views of others on how much runway Investengine might have before Investengine reaches a crunchpoint.

Operating losses were £4.2M in the year to March 2023, which were £1.2M higher in the year to March 2022, and which in turn were £0.9M higher than in the year to March 2021.

If operating losses continue to grow (e.g. to £5.7M in year to March 2024 and to £7.5M in year to March 2025) - it would mean Investengine would have burned through almost all of the money raised.

It would be great to know whether Investengine has managed to bring down operating losses or get any closer to profitability.

The lack of profitability and reliance on external fundraising to keep going is the biggest barrier for me to bring larger sums onto the platform. Any assurances on progress will be a huge help.

Even knowing that there are other bigger businesses interested in buying Investengine would be great to know…

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Hello there! As a relatively new investment company, funded in 2019, the majority of our operational costs would be higher than our profits, since we keep building our services and pushing to be at the top of our sphere.

With that said, InvestEngine holds all client cash in pooled client bank accounts at NatWest Bank Plc and your investments in a pooled client account at CREST (operated by Euroclear UK and Ireland). These are segregated from the firm’s money and investments.

InvestEngine and its third party partners have no legal right to your money and investments and we cannot use them to cover any of InvestEngine’s obligations.

This means that in the unlikely event that either InvestEngine or Euroclear UK and Ireland go bankrupt, your investments will still be protected. We are also authorised and regulated by the Financial Conduct Authority.

Your investment of up to £85,000 may be eligible for the Financial Services Compensation Scheme (FSCS). Please follow this link for more information..

I hope this, answer some of your questions and makes a clear image of how InvestEngine figures in Companies House.