Added to YB: 2026-05-12
Pitch date: 2026-05-08
ONDO.L [neutral]
Ondo InsurTech Plc
-10.62%
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 5.4M
Pitch Price
GBP 0.04
Price Target
N/A
Dividend
N/A
EV/EBITDA
-1.72
P/E
-0.61
EV/Sales
2.58
Sector
Electronic Equipment, Instruments and Components
Category
turnaround
Radar - Ondo InsurTech Plc
ONDO.L (update): Q1 2026 revealed liquidity crisis - cash plummeted £4M to £1.1M as key customer orders delayed/uncertain. Renegotiated HomeServe debt terms but acknowledged insufficient; now evaluating debt restructuring. Stock down 80%+ as market punished gap between CEO's narrative & execution. Good product/TAM couldn't sustain story without results.
Read full article (1 min)