Yahoo Finance Ondo InsurTech Reports First Half 2024 Earnings
Ondo InsurTech (LON:ONDO) First Half 2024 Results
Key Financial Results
Net loss: UK£1.02m (flat on 1H 2023).
UK£0.014 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ondo InsurTech Earnings Insights
Looking ahead, revenue is forecast to grow 70% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom.
Performance of the British Electronic industry.
The company's shares are down 23% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 6 warning signs with Ondo InsurTech (at least 3 which don't sit too well with us), and understanding these should be part of your investment process.
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