30 July 2024
Ondo InsurTech Plc
("Ondo" or the "Company")
Full Year Results for Year ended 31 March 2024
available on National Storage Mechanism
Ondo InsurTech Plc (LSE: ONDO), announces that the Company's audited accounts for the year ended 31 March 2024 have been submitted to the National Storage Mechanism and are available to for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The full set of audited accounts are also available on the Company's website https://wp-ondo-2021.s3.eu-west-2.amazonaws.com/media/2024/07/Ondo_InsurTech-Plc-_FY2024_26072024_Final-version-for-website.pdf.
For further information, please visit www.ondoplc.com or contact the following:
| Ondo InsurTech Plc | Craig Foster, CEO Kevin Withington, CFO | +44 (0) 800 783 9866 |
| Dowgate Capital Ltd (Broker & Financial Advisor) | Russell Cook Nick Chambers Charlie Hall | +44 (0) 20 3903 7715 |
| Cassiopeia Services Ltd (PR & Investor Relations) | Stefania Barbaglio | +44 (0) 7949 690338 |
About Ondo InsurTech PLC
Ondo is a world leading provider of claims prevention technology for home insurers. Ondo's focus is on the global scale-up of LeakBot - claims prevention technology that prevents water damage claims in houses. Water damage is the single biggest cause of home insurance claims, accounting for $17bn of claims every year in the USA and UK combined. LeakBot is a patented self-install solution that connects to the home wireless network and, if it detects a leak, notifies the customer via the LeakBot mobile app and provides access to a team of expert LeakBot engineers to 'find and fix' the problem. Independent research by Consumer Intelligence found LeakBot can reduce the cost of water damage claims by 70%.
LeakBot partners with 18 insurance carriers - including Nationwide, Admiral, Direct Line Group, Hiscox, Länsförsäkringar and TopDanmark - both in Europe and the USA.
Ondo holds the coveted London Stock Exchange Green Economy Mark awarded to companies who derive the majority of their income from Green activities.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.