Ondo InsurTech Plc (GB:ONDO)
LSE:ONDO
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Ondo InsurTech Plc
(LSE:ONDO)
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Rating:41Neutral
Price Target:
3.50 p
▼(-82.93% Downside)
Action:Reiterated
Date:04/25/26
The score is held down primarily by weak financial quality—widening losses, ongoing cash burn, and a fragile capital structure with negative equity and meaningful leverage. Technicals further pressure the score given the severe downtrend and very weak momentum versus key moving averages. Valuation metrics provided offer little offset (P/E not meaningful and no dividend yield).
Positive Factors
Revenue Growth
Consistent top-line expansion across 2023–2025 demonstrates product-market fit and growing customer adoption. Durable revenue growth expands the addressable market and creates potential operating leverage if cost control improves, supporting long-term viability.
Negative Factors
Gross Margin Compression
A steep fall in gross margin sharply weakens unit economics and indicates costs grew much faster than revenue. Persistently compressed margins make it hard to translate revenue growth into profitability and raise the risk that scaling revenue increases losses rather than delivers leverage.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Consistent top-line expansion across 2023–2025 demonstrates product-market fit and growing customer adoption. Durable revenue growth expands the addressable market and creates potential operating leverage if cost control improves, supporting long-term viability.
Read all positive factors
Ondo InsurTech Plc (ONDO) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£5.69M
Dividend YieldN/A
Average Volume (3M)627.79K
Price to Earnings (P/E)―
Beta (1Y)0.73
Revenue Growth34.99%
EPS Growth-31.37%
CountryUK
Employees30
SectorTechnology
Sector Strength88
IndustryShell Companies
Share Statistics
EPS (TTM)-0.06
Shares Outstanding149,814,760
10 Day Avg. Volume558,381
30 Day Avg. Volume627,790
Financial Highlights & Ratios
PEG Ratio-0.14
Price to Book (P/B)-7.82
Price to Sales (P/S)9.88
P/FCF Ratio-9.96
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.05
Revenue Forecast (FY)£10.00M
Ondo InsurTech Plc Business Overview & Revenue Model
Company Description
Spinnaker 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...
How the Company Makes Money
Ondo InsurTech Plc generates revenue by offering its technology solutions to insurance companies, enabling them to reduce claims costs. The company may charge fees for the deployment and licensing of its technologies, engage in revenue-sharing agr...
Ondo InsurTech Plc Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
16
Very Negative
| 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
Negative
20.50
Price Trends
10.05
Negative
14.02
Negative
21.62
Negative
Market Momentum
-1.82
Negative
26.78
Positive
68.97
Neutral
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 above the 20-day moving average (MA) of 3.76, above the 50-day MA of 10.05, and below the 200-day MA of 21.62, indicating a neutral trend. The MACD of -1.82 indicates Negative momentum. The RSI at 26.78 is Positive, neither overbought nor oversold. The STOCH value of 68.97 is Neutral, 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
51 Neutral | £35.07M | -5.12 | 138.95% | ― | ― | -36.54% | |
48 Neutral | £8.06M | -6.17 | 224.15% | ― | -4.91% | 33.33% | |
47 Neutral | £1.57M | -1.56 | ― | ― | ― | -4.11% | |
41 Neutral | £5.69M | ― | 86.91% | ― | 34.99% | -31.37% |
* Technology Sector Average
GB:ONDO
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Ondo InsurTech Plc Corporate Events
Business Operations and StrategyExecutive/Board Changes
Ondo InsurTech Elevates Mark Wood to Executive Chairman to Support Growth Push
Positive
Apr 23, 2026
Ondo InsurTech Plc has announced that its Non-Executive Chairman, Gregory Mark Wood CBE, has moved into the role of Executive Chairman with immediate effect. The board expects his prior leadership experience at major insurers Prudential UK and AXA...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Ondo InsurTech Posts Strong U.S. Growth but Seeks Fresh Funding Amid Cash Squeeze
Neutral
Apr 21, 2026
Ondo InsurTech reported a 19% rise in full-year revenue to £4.6 million, driven by 115% growth in the U.S., where the company is now largest by revenue, customers and contracted recurring income. Recurring revenue climbed 50% to £3.8 mil...
Executive/Board Changes
Ondo InsurTech Announces Resignation of Non-Executive Director Stefania Barbaglio
Neutral
Apr 13, 2026
Ondo InsurTech Plc has announced that Non-Executive Director Stefania Barbaglio has resigned from the board with effect from 13 April 2026, marking a change in the company’s governance structure. Barbaglio, who joined the board at the time o...
Business Operations and Strategy
Ondo’s LeakBot Wins Major Scale-Up With Denmark’s Alm. Brand Group
Positive
Apr 13, 2026
Ondo InsurTech Plc has secured a significant expansion of its LeakBot deployment with Denmark’s Alm. Brand Group, which will now offer the leak-detection device to up to 160,000 homeowners across its Alm. Brand, Codan and Privatsikring brand...
Business Operations and Strategy
Ondo InsurTech Directors Boost Stakes Through Share Incentive Plan
Positive
Apr 8, 2026
Ondo InsurTech has disclosed that its Share Incentive Plan trustee purchased 26,960 ordinary shares on behalf of employees, including chief executive Craig Foster and chief financial officer Kevin Withington. Under the HMRC-approved plan, staff bu...
Business Operations and StrategyRegulatory Filings and Compliance
Ondo InsurTech Directors Increase Stakes Through Share Incentive Plan
Positive
Mar 4, 2026
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 allocat...
Business Operations and Strategy
Ondo Expands LeakBot Rollout Nationwide with Selective Insurance
Positive
Mar 4, 2026
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...
Business Operations and StrategyProduct-Related Announcements
Ondo wins first U.S. LeakBot deal via vipHomeLink partnership
Positive
Feb 12, 2026
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...
Business Operations and Strategy
Ondo InsurTech Wins Major LeakBot Rollout Deal with Denmark’s Alm. Brand Group
Positive
Feb 9, 2026
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. B...
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.