Top Page
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 | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.87M | 3.87M | 2.69M | 1.59M | 0.00 | 283.00K |
| Gross Profit | 122.00K | 122.00K | 740.00K | 558.00K | 0.00 | -59.00K |
| EBITDA | -5.06M | -4.89M | -2.27M | -3.90M | -580.26K | 5.24M |
| Net Income | -6.17M | -6.17M | -2.99M | -4.00M | -580.26K | -17.03K |
Balance Sheet | ||||||
| Total Assets | 6.81M | 6.81M | 2.87M | 1.78M | 1.77M | 1.82M |
| Cash, Cash Equivalents and Short-Term Investments | 3.99M | 3.99M | 397.00K | 376.00K | 1.68M | 47.97K |
| Total Debt | 7.07M | 7.07M | 6.49M | 6.40M | 0.00 | 27.44M |
| Total Liabilities | 11.70M | 11.70M | 9.52M | 8.42M | 95.15K | 28.32M |
| Stockholders Equity | -4.89M | -4.89M | -6.65M | -6.64M | 1.67M | -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 | -470.00K | 237.00K | 0.00 | 0.00 |
| Financing Cash Flow | 7.40M | 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 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.
Ondo InsurTech Plc announced that its Chairman, Mark Wood, has exercised warrants to acquire 133,500 ordinary shares, increasing his total holding to approximately 1.7% of the company’s issued share capital. This transaction signifies a notable vote of confidence in Ondo’s strategic direction and market positioning, potentially impacting stakeholder perceptions and investor confidence positively.
The most recent analyst rating on (GB:ONDO) stock is a Hold with a £30.00 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 purchase of 13,684 ordinary shares for its Share Incentive Plan, benefiting employees including key directors Craig Foster and Kevin Withington. This move underlines Ondo’s commitment to employee engagement and aligns with its strategic focus on expanding its claims prevention technology, LeakBot, which significantly reduces water damage claims.
The most recent analyst rating on (GB:ONDO) stock is a Hold with a £30.00 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 announced an update regarding its shares in issue and total voting rights, following the exercise of warrants that resulted in the issuance of 450,000 new ordinary shares. This update brings the company’s total issued share capital to 138,829,292 ordinary shares, each carrying one vote, which is crucial for shareholders to calculate their interests under the FCA’s rules.
The most recent analyst rating on (GB:ONDO) stock is a Hold with a £30.00 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 that all resolutions were passed at their recent Annual General Meeting, reflecting strong shareholder support. The resolutions included re-electing directors, appointing auditors, and authorizing share allotments, which are expected to strengthen the company’s governance and operational capabilities.
The most recent analyst rating on (GB:ONDO) stock is a Hold with a £27.00 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 significant progress in its operations, particularly in the United States, where it has launched a new partnership with Bear River Mutual and expanded existing partnerships, leading to substantial growth in device shipments. The company has also renewed its partnership with Admiral in the UK and expanded its reach in Denmark through If P&C Insurance. Customer satisfaction remains high, and recent board appointments are expected to enhance governance and strategic expertise. Ondo aims to scale its LeakBot technology globally, with a focus on strengthening relationships with leading insurers, especially in the US, to accelerate growth and reinforce its market position.
The most recent analyst rating on (GB:ONDO) stock is a Hold with a £27.00 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 purchase of 15,468 ordinary shares for its Share Incentive Plan (SIP), benefiting employees including CEO Craig Foster and CFO Kevin Withington. This initiative, approved by HM Revenue and Customs, allows employees to acquire shares using pre-tax salary contributions, promoting employee ownership and aligning interests with shareholders.
The most recent analyst rating on (GB:ONDO) stock is a Hold with a £27.00 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 announced a new two-year agreement with Admiral, a top UK home insurance provider, to deploy an additional 10,000 LeakBot devices in 2025. This deployment aims to help Admiral mitigate water damage risks and improve service for its policyholders, reinforcing Ondo’s position in the industry as a key player in claims prevention technology.
The most recent analyst rating on (GB:ONDO) stock is a Hold with a £27.00 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 its agreement with If P&C Insurance to expand the distribution of its LeakBot technology in Denmark, following If’s acquisition and integration of Topdanmark. This strategic move allows If, now Denmark’s second-largest insurance provider, to offer LeakBot to a broader Danish customer base, enhancing proactive leak prevention services and potentially reducing water damage claims costs significantly.
The most recent analyst rating on (GB:ONDO) stock is a Hold with a £27.00 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 announced the posting of its annual general meeting notice to shareholders following the release of its audited results for the year ended 31 March 2025. The AGM is scheduled for 22 September 2025 in London, with shareholders encouraged to vote by proxy. This meeting is a key event for stakeholders to discuss company resolutions and future directions, reflecting Ondo’s ongoing commitment to transparency and engagement with its investors.
Ondo InsurTech Plc has announced significant changes to its Board of Directors, appointing James Quin as Senior Independent Director and Chair of the Audit and Risk Committee, and Greig Paterson as Non-Executive Director. These appointments, effective from August 1, 2025, bring extensive experience in financial management, strategy, and capital markets to the company, reinforcing its commitment to strong governance and long-term shareholder value. The company also announced the resignation of Andy Morrison, a key figure in Ondo’s growth since its reverse takeover of LeakBot Limited in 2021.