Added to YB: 2025-12-13
Pitch date: 2025-12-12
ONDO.L [bullish]
Ondo InsurTech Plc
-4.65%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. 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 0.21
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 I see dollar signs?
ONDO.L: UK InsurTech at £31.5m mkt cap, 48k US customers paying $5/mo ($60 annually). Insurers seeing 135%-302% ROI on leak prevention. Hit cash break-even 2H26 despite -£3m 1H26 burn. 4x production to 40k devices/mo, targeting 1m+ activated subscribers. Edge product for hot climates/multi-family expanding TAM to 19m+.
Read full article (7 min)