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.
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