Added to YB: 2025-05-29
Pitch date: 2025-05-27
ONDO.L [bullish]
Ondo InsurTech Plc
-17.65%
current return
Author Info
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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 0.26
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
Que ONDO!
ONDO.L: LeakBot offers free leak detection & repair to homeowners, costs insurers 70% less than claims. US expansion: 435% customer growth, partnerships with Liberty, Nationwide, etc. ARR growing to £5.9m, US customers pay 3.2X more than EU. Production up 4X to 40k/month. Approaching cash break-even; projecting positive EBITDA by FY26. Risks: cash burn, high debt.
Read full article (9 min)