Added to YB: 2025-08-19
Pitch date: 2025-08-15
ONDO.L [bullish]
Ondo InsurTech Plc
-25%
current return
Author Info
No bio for this author
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
4.20 (+1900%)
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 (LON:ONDO): A Hardware-Enabled SaaS Company With Expanding ARR at a Strategic Inflection Point
ONDO.L: InsurTech tackling $20B water leak insurance problem with patented LeakBot device (188% ROI for insurers). 80% recurring revenue growth, 9 major US carriers onboard. Prepaid model funds growth with 75-80% gross margins in Year 2+. At 6.8x ARR, 5-15x upside potential with base case £150M value (5x current) by 2028. EBITDA breakeven expected FY2026.
Read full article (12 min)