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Ondo InsurTech Plc (GB:ONDO)
LSE:ONDO

Ondo InsurTech Plc (ONDO) AI Stock Analysis

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GB:ONDO

Ondo InsurTech Plc

(LSE:ONDO)

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Neutral 46 (OpenAI - 5.2)
Rating:46Neutral
Price Target:
20.00p
▼(-2.44% Downside)
Ondo InsurTech Plc's overall stock score is primarily impacted by its weak financial performance and technical analysis indicators, both of which suggest significant challenges. However, positive corporate events, including successful fundraising and strategic expansions, provide some optimism for future growth.
Positive Factors
Revenue Growth
Sustained high revenue growth indicates expanding product adoption and market traction, allowing the company to scale fixed costs and invest in distribution or tech. Over the next 2–6 months, continued top-line expansion supports capacity to leverage growth into improved margins and market share.
Free Cash Flow Improvement
A material improvement in free cash flow and a FCF-to-net-income ratio above 100% signal improving cash conversion and operational adjustments. This enhances the firm's ability to fund investments, reduce external financing needs, and bolster liquidity over the medium term.
Successful Fundraising and US Expansion
Fresh capital and deliberate geographic expansion are structural catalysts: fundraising provides runway to execute strategy while US market entry enlarges addressable market and partnership opportunities, supporting durable growth and scale economies over coming quarters.
Negative Factors
Negative Equity and High Leverage
Negative equity and atypical leverage metrics indicate a fragile capital structure that can constrain borrowing, increase refinancing risk, and reduce resilience to shocks. Over months, this complicates strategic flexibility and could force dilutive or costly financing choices.
Severe Profitability Weakness
Deep negative margins and minimal gross profit suggest structural issues in pricing, underwriting, or cost control for core insurance products. Persistent losses undermine capital accumulation, making sustainable self-funded growth and underwriting discipline urgent priorities.
Negative Operating Cash Flow
Negative cash flows from operations reveal that core business activities do not generate cash, implying reliance on financing or non-recurring items. This weakens liquidity and raises risk that operational performance must materially improve to avoid recurring funding shortfalls.

Ondo InsurTech Plc (ONDO) vs. iShares MSCI United Kingdom ETF (EWC)

Ondo InsurTech Plc Business Overview & Revenue Model

Company DescriptionSpinnaker Acquisitions Plc operates in the B2B insurtech business. The company provides LeakBot system, a water security system that prevents small leaks from turning into insurance claims. Its LeakBot system enables household insurers to mitigate the cost of claims arising due to an escape of water. The company also offers underlying claims mitigation services to its insurer partners. The company is based in London, the United Kingdom.
How the Company Makes MoneyOndo InsurTech Plc generates revenue primarily through the sale of insurance premiums from its various products, including health, property, and casualty insurance. The company's revenue model is built on a combination of direct premiums collected from policyholders and commissions earned from reinsurance arrangements. Additionally, Ondo leverages data analytics to offer personalized insurance solutions, which can attract a broader customer base. Strategic partnerships with technology providers, financial institutions, and distribution networks further enhance the company's market reach and create referral revenue opportunities. The company also explores ancillary revenue streams through value-added services, risk management consulting, and subscription-based models for its digital platforms.

Ondo InsurTech Plc Financial Statement Overview

Summary
Ondo InsurTech Plc shows strong revenue growth but faces significant challenges with profitability and financial stability. The company has a negative net profit margin and high leverage, with negative equity indicating potential financial instability.
Income Statement
Ondo InsurTech Plc has shown significant revenue growth of 43.78% in the latest year, indicating a positive trajectory. However, the company struggles with profitability, as evidenced by a negative net profit margin of -159.34% and negative EBIT and EBITDA margins. The gross profit margin is also low at 3.15%, suggesting challenges in cost management.
Balance Sheet
The balance sheet reveals a concerning financial structure with a negative stockholders' equity, resulting in a negative debt-to-equity ratio of -1.45. This indicates high leverage and potential financial instability. The return on equity is positive at 126.07%, but this is due to the negative equity, which is not a sustainable situation.
Cash Flow
Cash flow analysis shows a significant improvement in free cash flow growth at 58.01%, but the company still has negative operating cash flow. The operating cash flow to net income ratio is negative, indicating cash flow issues. The free cash flow to net income ratio is positive at 117.80%, suggesting some ability to cover net losses with free cash flow.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue3.87M3.87M2.69M1.59M0.00283.00K
Gross Profit122.00K122.00K740.00K558.00K0.00-59.00K
EBITDA-5.06M-4.89M-2.27M-3.90M-580.26K5.24M
Net Income-6.17M-6.17M-2.99M-4.00M-580.26K-17.03K
Balance Sheet
Total Assets6.81M6.81M2.87M1.78M1.77M1.82M
Cash, Cash Equivalents and Short-Term Investments3.99M3.99M397.00K376.00K1.68M47.97K
Total Debt7.07M7.07M6.49M6.40M0.0027.44M
Total Liabilities11.70M11.70M9.52M8.42M95.15K28.32M
Stockholders Equity-4.89M-4.89M-6.65M-6.64M1.67M-26.50M
Cash Flow
Free Cash Flow-3.32M-3.84M-2.86M-4.67M-481.80K-17.03K
Operating Cash Flow-3.26M-3.26M-2.39M-4.71M-481.80K-17.03K
Investing Cash Flow-563.00K-563.00K-470.00K237.00K0.000.00
Financing Cash Flow7.40M7.40M2.87M6.58M2.16M65.00K

Ondo InsurTech Plc Technical Analysis

Technical Analysis Sentiment
Negative
Last Price20.50
Price Trends
50DMA
26.20
Negative
100DMA
28.58
Negative
200DMA
27.71
Negative
Market Momentum
MACD
-1.61
Negative
RSI
24.45
Positive
STOCH
10.80
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ONDO, the sentiment is Negative. The current price of 20.5 is below the 20-day moving average (MA) of 21.11, below the 50-day MA of 26.20, and below the 200-day MA of 27.71, indicating a bearish trend. The MACD of -1.61 indicates Negative momentum. The RSI at 24.45 is Positive, neither overbought nor oversold. The STOCH value of 10.80 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:ONDO.

Ondo InsurTech Plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
46
Neutral
£29.51M-3.2744.95%34.99%-31.37%
45
Neutral
£8.49M-5.00-1584.39%
45
Neutral
£26.87M-12.33-36.54%
42
Neutral
£600.00K-4.04
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:ONDO
Ondo InsurTech Plc
19.70
-19.30
-49.49%
GB:NARF
Cyba Plc
0.50
0.00
0.00%
GB:AC8
Acceler8 Ventures Plc
80.00
-20.00
-20.00%
GB:ALK
Alkemy Capital Investments Plc
252.00
122.00
93.85%

Ondo InsurTech Plc Corporate Events

Business Operations and Strategy
Ondo InsurTech Executives Boost Holdings Through Share Incentive Plan
Positive
Jan 2, 2026

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.

Private Placements and FinancingRegulatory Filings and Compliance
Ondo InsurTech Updates Share Capital After Fundraise and Warrant Exercises
Positive
Dec 31, 2025

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.

Business Operations and StrategyPrivate Placements and Financing
Ondo InsurTech Executives Participate in Share Placing to Boost Market Position
Positive
Dec 17, 2025

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.

Business Operations and StrategyPrivate Placements and Financing
Ondo InsurTech Raises £2.38 Million in Successful Fundraise
Positive
Dec 9, 2025

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.

Business Operations and StrategyPrivate Placements and Financing
Ondo InsurTech Raises £2.30 Million in Successful Placing
Positive
Dec 5, 2025

Ondo InsurTech plc has announced an update regarding its Placing and Subscription, successfully raising £2.30 million through the issuance of Placing and Subscription Shares. The increased interest from institutional investors and company directors highlights confidence in Ondo’s market position and growth potential. The funds raised are expected to bolster the company’s operations and strategic initiatives, with the Placing Shares and Subscription Shares set to commence trading on the London Stock Exchange on 10 December 2025.

The most recent analyst rating on (GB:ONDO) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Ondo InsurTech Launches WRAP Retail Offer to Raise Funds
Positive
Dec 4, 2025

Ondo InsurTech Plc has announced the launch of a WRAP Retail Offer to raise up to £0.20 million through the issuance of new ordinary shares. This initiative is part of a broader fundraising effort, including a Placing and Subscription to raise approximately £2.28 million. The WRAP Retail Offer is targeted at existing retail shareholders in the UK, offering them shares at a discounted price. The funds raised will support the company’s ongoing operations and strategic initiatives, enhancing its market position and providing growth opportunities for stakeholders.

The most recent analyst rating on (GB:ONDO) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Ondo InsurTech Raises £2.28 Million to Boost US Expansion
Positive
Dec 4, 2025

Ondo InsurTech plc has successfully raised £2.28 million through a combination of placing and subscription, with plans to further expand its operations in the US market. The funds will be used to enhance US Plumber coverage and accelerate the rollout of LeakBot across the United States, as well as to develop LeakBot Edge for hot-climate external locations. The company is shifting its focus from the subdued European market to the rapidly growing US market, where it has seen a significant increase in customers and recurring revenues.

The most recent analyst rating on (GB:ONDO) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Ondo InsurTech Announces £2.20 Million Fundraising to Boost US Expansion
Positive
Dec 3, 2025

Ondo InsurTech Plc has announced a fundraising initiative to raise at least £2.20 million through a combination of a placing, subscription, and retail offering. The funds will be used to accelerate the company’s commercial expansion in the United States, particularly by enhancing US plumber coverage and developing the LeakBot Edge. The fundraising involves issuing new ordinary shares at a price of 25 pence each, representing a 17.4% discount to the previous day’s closing price. The initiative is expected to strengthen Ondo’s market position and support its growth strategy in the competitive insurtech sector.

The most recent analyst rating on (GB:ONDO) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Ondo InsurTech Reports Strong US-Driven Growth in H1 2025
Positive
Dec 3, 2025

Ondo InsurTech PLC reported a 26% increase in revenues for the first half of 2025, driven by substantial growth in the United States, which now accounts for the majority of its revenue. The company’s recurring revenue model has seen significant adoption, particularly in the US, where customer numbers and revenues have grown seven-fold. Ondo is expanding its operations across 26 US states and has announced new contracts with major insurers, including Nationwide and Liberty Mutual. The company is also investing in infrastructure and new product development to support further growth and maintain its market-leading position.

The most recent analyst rating on (GB:ONDO) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Ondo InsurTech Expands LeakBot Rollout with Nationwide
Positive
Nov 24, 2025

Ondo InsurTech Plc has announced an expansion of its partnership with Nationwide, extending the rollout of its LeakBot devices and services to 26 US states. This expansion follows the successful deployment of LeakBot in 16 states, where it has effectively reduced water damage claims and maintained high customer satisfaction. The move strengthens LeakBot’s position as a key component of Nationwide’s smart home program, aiming to provide homeowners with enhanced protection against water-related damages.

The most recent analyst rating on (GB:ONDO) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.

Financial Disclosures
Ondo InsurTech Plc to Announce Interim Results and Host Investor Presentation
Neutral
Nov 24, 2025

Ondo InsurTech Plc has announced that it will release its interim results for the six months ending 30 September 2025 on 3 December 2025. The company will also host a live presentation for retail investors on 4 December 2025, led by CEO Craig Foster and CFO Kevin Withington. This announcement highlights Ondo’s ongoing commitment to transparency and engagement with its investors, potentially strengthening its market position and stakeholder relations.

The most recent analyst rating on (GB:ONDO) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Ondo InsurTech Expands LeakBot Deployment with Indiana Farm Bureau Insurance
Positive
Nov 19, 2025

Ondo InsurTech PLC has announced that Indiana Farm Bureau Insurance is expanding its deployment of the LeakBot device following a successful pilot program. The pilot, which involved 10,000 devices, demonstrated significant claims savings and high customer satisfaction, prompting IFB to double the rollout to 20,000 devices. This expansion reflects LeakBot’s effectiveness in preventing costly water damage and enhancing customer satisfaction, strengthening Ondo’s position in the claims prevention technology market.

The most recent analyst rating on (GB:ONDO) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Ondo InsurTech Partners with Westfield Insurance for LeakBot Deployment
Positive
Nov 10, 2025

Ondo InsurTech Plc has announced a partnership with Westfield Insurance to deploy 10,000 LeakBot devices in Ohio, Indiana, and Pennsylvania. This initiative is part of Westfield’s investment in proactive claims prevention, aiming to enhance customer experience by detecting and addressing water leaks early, thereby reducing loss costs.

The most recent analyst rating on (GB:ONDO) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.

Business Operations and Strategy
Ondo InsurTech Enhances Employee Engagement with Share Incentive Plan
Positive
Nov 3, 2025

Ondo InsurTech Plc announced the purchase of 14,640 ordinary shares for its Share Incentive Plan, benefiting participants including key directors. This move aligns with the company’s strategy to incentivize employees through share ownership, potentially enhancing employee engagement and aligning their interests with the company’s growth objectives. The transaction reflects Ondo’s commitment to expanding its market presence and strengthening its position in the claims prevention technology sector.

The most recent analyst rating on (GB:ONDO) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.

Regulatory Filings and Compliance
Ondo InsurTech Updates Shares and Voting Rights
Neutral
Oct 31, 2025

Ondo InsurTech Plc has announced an update on its Shares in Issue and Total Voting Rights, following the issuance of 216,833 new ordinary shares due to warrant exercises. This brings the total number of voting rights to 139,046,125, which shareholders can use as a denominator for calculating changes in their interests under FCA rules.

The most recent analyst rating on (GB:ONDO) stock is a Hold with a £28.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 07, 2025