Added to YB: 2025-03-28
Pitch date: 2025-03-21
ONDO.L [bullish]
Ondo InsurTech Plc
-77.61%
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 19.5M
Pitch Price
GBP 0.34
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
ONDO Insurtech : Solving water leaks one drop at a time
ONDO.L: InsurTech leader in water leak prevention. 70% YoY ARR growth to £7.5M in FY25. U.S. expansion w/ Nationwide & Liberty Mutual. 13M homes addressable. Strong ROI for insurers. 80% GM, negative WC. £45M mkt cap at 6x 2025e ARR. Bull case: 65% CAGR 2025-27, £2.8B potential valuation.
Read full article (27 min)