Ondo InsurTech Plc (GB:ONDO)
LSE:ONDO
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Ondo InsurTech Plc
(LSE:ONDO)
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Rating:45Neutral
Price Target:
14.50 p
▼(-29.27% Downside)
Action:ReiteratedDate:03/24/26
The score is held down primarily by weak financial quality (widening losses, collapsing gross margin, cash burn, negative equity and leverage) and bearish technicals (below key moving averages with negative MACD). Positive commercial traction and management alignment from recent corporate events provide some offset, but valuation signals are not supportive based on the provided P/E and missing dividend yield.
Positive Factors
Sustained Revenue Growth
Consistent top-line growth across 2023–2025 shows clear commercial traction and market demand for Ondo's offerings. Durable revenue expansion increases the potential to absorb fixed costs, improve operating leverage, and create a path to scalable, repeatable sales if margin drivers are addressed.
Negative Factors
Margin Collapse
Sharp compression of gross margin undermines unit economics and indicates rising relative costs or pricing pressure as revenue scales. Persistently low gross margins make it harder to move to operating profitability, increasing the time and revenue required to reach sustainable earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Revenue Growth
Consistent top-line growth across 2023–2025 shows clear commercial traction and market demand for Ondo's offerings. Durable revenue expansion increases the potential to absorb fixed costs, improve operating leverage, and create a path to scalable, repeatable sales if margin drivers are addressed.
Read all positive factors
Ondo InsurTech Plc (ONDO) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£21.35M
Dividend YieldN/A
Average Volume (3M)627.79K
Price to Earnings (P/E)―
Beta (1Y)-0.16
Revenue Growth34.99%
EPS Growth-31.37%
CountryUK
Employees30
SectorTechnology
Sector Strength88
IndustryShell Companies
Share Statistics
EPS (TTM)-0.03
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...
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
16.18
Negative
19.48
Negative
24.17
Negative
Market Momentum
-0.59
Negative
32.49
Neutral
33.33
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 14.83, above the 50-day MA of 16.18, and below the 200-day MA of 24.17, indicating a bearish trend. The MACD of -0.59 indicates Negative momentum. The RSI at 32.49 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 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
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Sector (61)
GB:ONDO
Ondo InsurTech Plc
14.25
-18.25
-56.15%
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0.53
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GB:ALK
Alkemy Capital Investments Plc
332.50
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Ondo InsurTech Plc Corporate Events
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...
Business Operations and StrategyRegulatory Filings and Compliance
Ondo InsurTech Updates Market on Remaining Fund-Raising Warrants
Neutral
Jan 30, 2026
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 ordinar...
Regulatory Filings and Compliance
Ondo InsurTech Leaves 10.4m Share Options Unallotted in Latest Block Listing Update
Neutral
Jan 30, 2026
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...
Business Operations and Strategy
Ondo InsurTech Directors Increase Stakes Through Expanded Share Incentive Plan
Positive
Jan 30, 2026
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....
Business Operations and Strategy
Ondo InsurTech Appoints Singer Capital Markets as Joint Corporate Broker
Positive
Jan 14, 2026
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 Capita...
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 tr...
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 ...
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.