Ondo InsurTech Plc

ONDO

GB00BNVVGD77

Multiline Insurance & Brokers

Market Closed - London S.E. Other stock markets 11:35:25 2024-05-16 am EDT			5-day change	1st Jan Change
15.25 ^GBX	+3.39%		-3.17%	-34.83%

May. 15	Future Metals celebrates state government grant	AN
May. 13	Ondo InsurTech plans to raise GBP4.2 million	AN

Ondo InsurTech to present "important" water reduction study results

June 06, 2023 at 04:03 am EDT

(via NewsDirect)

Ondo InsurTech PLC (LSE:ONDO) CEO Craig Foster speaks to Thomas Warner from Proactive ahead of his appearance at the water industry Spring Innovation Knowledge Showcase event alongside Portsmouth Water and a representative of UK water industry regulator OFWAT.

OFWAT wants water companies to help drive down household consumption by 35 litres per day. Ondo InsurTech will present the "important" results of a study conducted with Portsmouth Water that looked at using the company's LeakBot device to reduce water leaks in the homes of Portsmouth Water's customers.

Contact Details

Proactive UK Ltd

+44 20 7989 0813

uk@proactiveinvestors.com

Latest news about Ondo InsurTech Plc

Future Metals celebrates state government grant	May. 15	AN
Ondo InsurTech plans to raise GBP4.2 million	May. 13	AN
RentGuarantor revenue up; Aura progresses Tiris	Apr. 29	AN
System1 revenue jumps; Pathfinder amends deal	Apr. 16	AN
Ondo InsurTech to Provide Leak Detection Technology to Pennon Group Unit	Feb. 26	MT
Ondo InsurTech shares up on agreement with South West Water	Feb. 26	AN
Ondo InsurTech inks Leakbot deal with Selective Agreement	Feb. 21	AN
Ondo InsurTech to Offer LeakBot in the US	Feb. 21	MT
Ondo Insurtech plc Signs Agreement with Selective Insurance Group	Feb. 21	CI
Ondo InsurTech Gets Further LeakBot Order From LB Forsikring; Shares Rise	Jan. 03	MT
Ondo InsurTech expands distribution deal with Danish insurer	Jan. 03	AN
Lb Forsikring Inks Strategic Deal to Accelerate Leakbot Distribution	Jan. 03	CI
EARNINGS AND TRADING: Dispensa and SkinBioTherapeutics losses widen	Nov. 30	AN
Ondo InsurTech interim loss narrows as revenue growth outpaces costs	Nov. 20	AN
Ondo InsurTech surges on Nationwide partnership	Nov. 14	AN
Ondo InsurTech's LeakBot Device to be Sold in US; Stock Surges	Nov. 14	MT
Ondo InsurTech plc Announces New Partnership with Nationwide to Offer the Leakbot Device to U.S. Home Insurance Customers as Part of the Insurance's Smart Home Program	Nov. 14	CI
Ondo InsurTech Non-Exec Morrison sells GBP180,000 in shares	23-08-15	AN
Ondo InsurTech agrees deal with Southern Water to introduce LeakBot	23-08-09	AN
Ondo InsurTech Books Order for LeakBot from Southern Water	23-08-09	MT
Ondo Insurtech plc Announces Agreement with Southern Water	23-08-09	CI
Ondo InsurTech signs distribution deal with PURE Insurance	23-08-08	AN
Ondo InsurTech Signs New Partnership With US-based PURE Insurance	23-08-08	MT
Ondo Insurtech Announces New Partnership with Pure Insurance	23-08-08	CI
Certain Ordinary Shares of Spinnaker Acquisitions Plc are subject to a Lock-Up Agreement Ending on 29-JUL-2023.	23-07-28	CI

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Company Profile

Ondo InsurTech Plc is a United Kingdom-based insurance technology company. The Company delivers sustainable risk education for home insurers. The Company offers LeakBot, which is a patented InsurTech system that solves the problem for home insurers. LeakBot is an end-to-end, Internet of Things (IoT) escape of water claims mitigation solution. LeakBot works 24/7, monitoring the home for hidden leaks and bursts, and instant alerts are sent to customers smartphones if there is a problem. Its patented Thermi-Q technology accurately measures both the air and water temperatures in the home. The Company also provides LeakBotâs application, which allows customers to receive instant alerts and makes it easy to check on their homes from anywhere in the world.

Sector

Multiline Insurance & Brokers

Calendar

2024-05-20 - Investor Meeting

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Mean consensus

BUY

Number of Analysts

Last Close Price

0.1525 GBP

Average target price

0.5 GBP

Spread / Average Target

+227.87%

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Ondo InsurTech Plc

Equities

ONDO

GB00BNVVGD77

Multiline Insurance & Brokers

Ondo InsurTech to present "important" water reduction study results

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Chart Ondo InsurTech Plc

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Income Statement Evolution

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