StockBox

    ONDO InsurTech Extend USA Presence with New Partnership with Selective #insurance #stocks #ondo

    11/26/2024
    443 views
    13:33

    ➡️ New Partnership Expansion: Selective Insurance will roll out Ondo's #LeakBot to homeowners in Virginia, Pennsylvania, Indiana, and Ohio, following success in New Jersey. ➡️ Innovative Funding Model: Upfront payments from insurance partners fund growth, reducing shareholder dilution and supporting a scalable recurring revenue model. ➡️ Positive Growth Outlook: Restructured debt terms and strong U.S. results position Ondo to achieve cash flow positivity by late 2025, with ambitions to become the industry standard for water damage prevention. By Mark Fairbairn Recorded 26/11/24 https://twitter.com/OndoPlc https://www.linkedin.com/company/ondoplc/ #StockBox #ONDO

    Stay Updated with StockBox

    Receive our weekly newsletter featuring key market moves, company updates, and fresh analysis.

    We respect your privacy. Unsubscribe at any time.