Added to YB: 2025-08-13
Pitch date: 2025-08-10
ONDO.L [neutral]
Ondo InsurTech Plc
-24.32%
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 0.28
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
Radar #14 - Ondo InsurTech Plc
ONDO.L (quick overview): InsurTech w/ leak detection solution targeting US home insurance. Rev £3.87M (+44% YoY), recurring rev £5.9M (+80%). 151k customers (+59%), expanding US presence (25 states, 9 insurers). 188% ROI for insurers. Margins down to 3.1% from 27.5% but expected to hit 60-80% in Year 2. Positive EBITDA targeted end-FY2026.
Read full article (2 min)