Added to YB: 2024-12-18
Pitch date: 2024-11-30
ONDO.L [bullish]
Ondo InsurTech Plc
-73.33%
current return
Author Info
No bio for this author
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 21.4M
Pitch Price
GBP 0.30
Price Target
N/A
Dividend
N/A
EV/EBITDA
-4.41
P/E
-1.71
EV/Sales
5.85
Sector
Electronic Equipment, Instruments and Components
Category
growth
LeakBot by Ondo InsurTech (ONDO.L): Unlocking Value in Water Damage Prevention
ONDO.L: IoT device cuts home water leak claims 70%. 70k users, 80%+ gross margin. Patented LeakBot saves insurers $146/policy/yr. $30M cap, 2M rev. Swedish pilot: 40% penetration, 50% new sales boost. Huge US potential (2.5M addressable). Risks: execution. Multibagger potential.
Read full article (4 min)