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Ondo InsurTech Plc
(LSE:ONDO)
Ondo InsurTech Plc (ONDO) vs. iShares MSCI United Kingdom ETF (EWC)
Ondo InsurTech Plc Business Overview & Revenue Model
Ondo InsurTech Plc Financial Statement Overview
| Breakdown | Mar 2024 | Mar 2024 | Mar 2023 | Feb 2022 | Sep 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.87M | 2.69M | 1.59M | 0.00 | 283.00K |
| Gross Profit | 122.00K | 740.00K | 558.00K | 0.00 | -59.00K |
| EBITDA | -4.89M | -2.27M | -3.90M | -580.26K | 5.24M |
| Net Income | -6.17M | -2.99M | -4.00M | -580.26K | -17.03K |
Balance Sheet | |||||
| Total Assets | 6.81M | 2.87M | 1.78M | 1.77M | 1.82M |
| Cash, Cash Equivalents and Short-Term Investments | 3.99M | 397.00K | 376.00K | 1.68M | 47.97K |
| Total Debt | 7.07M | 6.49M | 6.40M | 0.00 | 27.44M |
| Total Liabilities | 11.70M | 9.52M | 8.42M | 95.15K | 28.32M |
| Stockholders Equity | -4.89M | -6.65M | -6.64M | 1.67M | -26.50M |
Cash Flow | |||||
| Free Cash Flow | -3.84M | -2.86M | -4.67M | -481.80K | -17.03K |
| Operating Cash Flow | -3.26M | -2.39M | -4.71M | -481.80K | -17.03K |
| Investing Cash Flow | -563.00K | -470.00K | 237.00K | 0.00 | 0.00 |
| Financing Cash Flow | 7.40M | 2.87M | 6.58M | 2.16M | 65.00K |
Ondo InsurTech Plc Technical Analysis
Ondo InsurTech Plc Peers Comparison
Ondo InsurTech Plc Corporate Events
Ondo InsurTech has reported the purchase of 25,488 ordinary shares under its HMRC-approved Share Incentive Plan, an all-employee scheme that lets staff buy shares from pre-tax salary and receive a matching share award. As part of the March allocation at 16.95 pence per share, CEO Craig Foster and CFO Kevin Withington each acquired 885 Partnership Shares plus 885 Matching Shares, modestly increasing their beneficial holdings and reinforcing management’s alignment with shareholders through ongoing equity participation.
Following the latest SIP transaction, Foster’s total beneficial interest, including shares held by his wife, rose to 2,503,034 shares, or about 1.67% of Ondo’s issued capital, while Withington now holds 351,106 shares, representing 0.23%. The move underlines Ondo’s continued use of equity-based incentives to retain and motivate employees across the business, while providing the market with transparent disclosure of director dealings in accordance with UK Market Abuse Regulations.
The most recent analyst rating on (GB:ONDO) stock is a Sell with a £15.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.
Ondo InsurTech Plc, which partners with 26 insurance carriers across Europe and the U.S. and holds the London Stock Exchange’s Green Economy Mark, specialises in water damage prevention through its LeakBot technology. The company targets the sizable home insurance market, where water damage generates an estimated $17bn in annual claims in the U.S. and UK combined.
Ondo has expanded its contract with Selective Insurance to roll out LeakBot across Selective’s 15-state personal lines footprint, making the device available to all eligible homeowners policyholders. The nationwide expansion, following a successful pilot and multi-state rollout begun in 2024, underscores Selective’s role as an early adopter of Ondo’s customer engagement strategy and signals growing traction for LeakBot as a loss-prevention tool for insurers and their customers.
The most recent analyst rating on (GB:ONDO) stock is a Sell with a £15.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.
Ondo InsurTech Plc, a specialist in home insurance claims prevention technology, is expanding the reach of its LeakBot water damage prevention device, which targets the $17bn annual water damage claims market in the U.S. and UK. The company, which already works with 26 insurers and holds the LSE Green Economy Mark, partners with major carriers to deploy LeakBot as a self-install solution that detects leaks and coordinates repairs via a mobile app and engineer network.
The company has secured its first U.S. insurance customer through its strategic partnership with vipHomeLink, signing The Co-operative Insurance Companies to roll out the LeakBot program to homeowners in Vermont and New Hampshire. This initial contract is described as a key milestone in Ondo’s U.S. go-to-market strategy, using vipHomeLink’s local platform and co-branded marketing to access regional and specialist insurers, build market density, and complement Ondo’s direct relationships with larger national carriers, with further launches expected via this channel.
The most recent analyst rating on (GB:ONDO) stock is a Sell with a £17.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.
Ondo InsurTech has secured a full rollout of its LeakBot water-leak detection technology with Denmark’s Alm. Brand Group, following a successful trial that demonstrated benefits in claims prevention, customer satisfaction and loyalty. Alm. Brand will distribute at least 15,000 LeakBot devices over the next 18 months across its brands, strengthening Ondo’s foothold in Denmark as local insurers increasingly adopt LeakBot in long-term water damage prevention strategies.
The agreement deepens Ondo’s role as a specialist in pre-emptive claims management and reinforces Denmark as a strategically important growth market for the company. By scaling deployment with a major Nordic insurer, Ondo is positioned to drive meaningful reductions in water-damage claims at scale, supporting its broader expansion plans with global insurance partners seeking cost savings and improved customer retention.
The most recent analyst rating on (GB:ONDO) stock is a Sell with a £17.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.
Ondo InsurTech Plc has provided an update on its block listing facility for ordinary shares established in July 2023 to cover the potential issue of shares arising from the exercise of various warrant instruments. Out of a total 33,037,918 ordinary shares originally block listed, warrants relating to 30,626,255 shares have either been exercised or lapsed, leaving the company with a single remaining warrant programme linked to 5,191,669 fund-raising warrants issued in May 2023, of which 2,411,663 warrants remain unexercised and available for exercise on or before 22 May 2026. The update clarifies the current level of potential dilution under the existing warrant scheme and provides investors with greater visibility over Ondo’s outstanding equity-linked obligations.
The most recent analyst rating on (GB:ONDO) stock is a Sell with a £16.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.
Ondo InsurTech Plc has provided an update on its block listing in relation to the Ondo InsurTech Plc Share Option Plan, covering the period from 30 June 2025 to 30 January 2026. During this period, no additional securities were added to the scheme and no options were exercised or shares allotted, leaving the balance of unallotted securities under the plan unchanged at 10,441,618, indicating that the company still has substantial capacity available for future equity-based incentives.
The most recent analyst rating on (GB:ONDO) stock is a Sell with a £16.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.
Ondo InsurTech has expanded its all-employee Share Incentive Plan (SIP), with Fiduchi Trustees purchasing 23,760 ordinary shares on behalf of participating staff, including chief executive Craig Foster and chief financial officer Kevin Withington. Under the HMRC-approved scheme, employees buy partnership shares out of pre-tax salary and receive matching shares at no cost, with Foster and Withington each acquiring 825 partnership shares at 18.2p and being awarded an equal number of matching shares, modestly increasing their beneficial holdings and reinforcing alignment between management, employees and shareholders.
The most recent analyst rating on (GB:ONDO) stock is a Sell with a £16.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.
Ondo InsurTech plc, a specialist in home insurance claims prevention technology, has appointed Singer Capital Markets as joint corporate broker, working alongside existing broker Dowgate Capital with immediate effect. The addition of Singer Capital Markets is expected to strengthen Ondo’s capital markets support and investor engagement as it pursues its growth strategy in the insurtech space.
The most recent analyst rating on (GB:ONDO) stock is a Sell with a £18.50 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.
Ondo InsurTech Plc has reported the purchase of 14,919 ordinary shares for its HMRC-approved all-employee Share Incentive Plan, under which staff buy shares from pre-tax salary and receive matching shares on a one-for-one basis. As part of this transaction, CEO Craig Foster and CFO Kevin Withington each acquired 681 partnership shares at 22p and received a further 681 matching shares, taking their beneficial holdings to approximately 1.67% and 0.23% of the company respectively, signalling continued executive participation in the equity of the business and aligning management interests with those of shareholders.
The most recent analyst rating on (GB:ONDO) stock is a Hold with a £23.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.
Ondo InsurTech Plc has updated the market on changes to its share capital and voting rights following warrant exercises and a recent equity fundraising. During December 2025, the company issued 1,251,507 new ordinary shares from warrant exercises and raised approximately £2.38 million in gross proceeds through a placing, subscription and WRAP retail offer, resulting in the issue of a total of 9,517,128 new ordinary shares. As of 31 December 2025, Ondo’s issued share capital stands at 149,814,760 ordinary shares, all carrying one vote each and with no shares held in treasury, a figure that will serve as the reference point for shareholders’ disclosure obligations under UK transparency rules.
The most recent analyst rating on (GB:ONDO) stock is a Hold with a £23.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.
Ondo InsurTech Plc announced the participation of its key executives in a recent share placing, acquiring a total of 440,000 Placing Shares. Additionally, the company reported the purchase of 13,992 Ordinary Shares by the SIP Trustee for the Ondo Share Incentive Plan, benefiting employees including the CEO and CFO. These transactions are part of Ondo’s broader strategy to enhance stakeholder engagement and strengthen its market position.
The most recent analyst rating on (GB:ONDO) stock is a Hold with a £23.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.
Ondo InsurTech Plc has successfully raised approximately £2.38 million through its recent Placing, Subscription, and WRAP Retail Offer, issuing a total of 9,517,128 new Ordinary Shares. This fundraising effort is a significant step for the company, as it enhances its financial position and supports its strategic initiatives in the claims prevention technology sector. The new shares will be admitted to trading on the London Stock Exchange, increasing the company’s visibility and potentially attracting more investors.
The most recent analyst rating on (GB:ONDO) stock is a Hold with a £23.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.