Added to YB: 2025-12-12
Pitch date: 2025-12-09
ONDO.L [neutral]
Ondo InsurTech Plc
-65.91%
current return
Author Info
Company Info
Ondo InsurTech Plc, together with its subsidiaries, provides domestic leak detection services and technology in the United Kingdom, Nordics, and the United States.
Market Cap
GBP 19.5M
Pitch Price
GBP 0.22
Price Target
N/A
Dividend
N/A
EV/EBITDA
-4.09
P/E
-1.55
EV/Sales
5.43
Sector
Electronic Equipment, Instruments and Components
Category
growth
Radar - Ondo InsurTech Plc
ONDO.L (watchlist): H1 2026 rev £2.1m (+26% YoY), 86% recurring vs 50% prior year. US now 51% of revenue, 7x YoY growth, LTV:CAC 2.7x. Cash fell to £0.6m from £4.0m. Guidance: FY26 rev £4.5-5.0m, EBITDA loss -£5.0-5.5m despite CEO promising breakeven. £2.5m equity raise needed. LeakBot Edge launch 2027.
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