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Added to YB: 2024-12-18

Pitch date: 2024-11-30

ONDO.L [bullish]

Ondo InsurTech Plc

+20%

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 39.6M

Pitch Price

GBP 0.30

Price Target

N/A

Dividend

N/A

Sector

Electronic Equipment, Instruments and Components

Category

growth

Show full summary:
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)