Added to YB: 2025-08-06
Pitch date: 2025-08-04
ONDO.L [bullish]
Ondo InsurTech Plc
-24.32%
current return
Author Info
Miroslav Stepanek is investing in small cap companies. Sign up for the newsletter.
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 0.28
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 - a small technology company with huge potential
ONDO.L: IoT leak detection device trading at EV £40M with £3.8M revenue, £4M loss. US expansion with unique £5/mo subscription model vs upfront payment elsewhere. £5.9M annualized sales locked in. Path to breakeven by March 2026. EV/Sales 6.6x with massive growth potential in insurance partnerships.
Read full article (3 min)