Added to YB: 2025-04-28
Pitch date: 2025-04-24
ONDO.L [neutral]
Ondo InsurTech Plc
-36.84%
current return
Author Info
Company Info
Ondo InsurTech Plc provides domestic leak detection services and technology in the United Kingdom, Nordics, and the United States.
Market Cap
GBP 30.2M
Pitch Price
GBP 0.33
Price Target
N/A
Dividend
N/A
EV/EBITDA
-5.58
P/E
-3.64
EV/Sales
8.35
Sector
Electronic Equipment, Instruments and Components
Category
growth
Ondo InsurTech Plc - $ONDO.L
ONDO.L (overview): InsurTech's LeakBot detects water leaks, reducing home insurance claims by 70%. B2B2C model generates $5/device/month from insurers. £4M cash, on track for EBITDA positive by Mar 2026. US expansion key (23% customers, 40K monthly capacity). Risks: insurer adoption rates, competition, pre-profit stage. £45M market cap.
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