Ondo Insur Tech Plc · LSE:ONDO
Ondo Insur Tech — FY2026 Earnings Presentation
20 slides from Ondo Insur Tech's earnings presentation, July 2026
Slide 1: Ondo InsurTech Full Year Results
ONDO INSURTECH PLC - FY26 RESULTS - YEAR ENDED 31 MARCH 2026 Ondo InsurTech Full Year Results Ondo's LeakBot - The leading Predict and Prevent Solution for Water Damage in Home Insurance. ONDO INSURTECH EAR ENDING MARCH 31, 2026 a
Slide 2: Disclaimer
Disclaimer ‘THIS PRESENTATION AND ITS CONTENTS ARE ONLY FOR RELEASE IN THE UNITED KINGDOM. THIS PRESENTATION IS NOT AN, OFFER OR INVITATION TO BUY OR SELL SECURITIES. This presentation, and any ancillary documents relating to it, any oral presentation and the "Presentation") has been prepared and is
Slide 3: Management, company overview and today's agenda
Mark Wood CBE EXECUTIVE CHAIRMAN ‘Three decades leading Uk financial services — of Axa Equity & Law and Uk & European C Prudential ple. Founded Paternoster, the Dou! Bank-backed pe surer, and chairs listed savings platform PensionBee PLC and serves as SID for RAC Motoring Services. CBE for his chair
Slide 4: Water damage is one of the largest perils in home insurance
Water damage is one of the largest perils in home insurance LeakBot is the leading Predict and © Prevent solution for water damage claims Leshothes detected a aria Water leaks in homes cost insurers billions of dollars annually. US claims / year annual cost of all home underwriting find and fi 300n
Slide 5: How LeakBot detects
TECHNOLOGY How LeakBot detects 5 Thermi-Q measures two signals: ambient air temperature and pipe water temperature. No leak detectag, @ Background leak detected A background leak draws cold water continuously, creating a sustained drop in pipe temperature. The device identifies this characteristic p
Slide 6: LeakBot's business model and operating model
LeakBot's di Funds the programme ing monthly fee per home protected — in return for verified, measurable claim prevention. Re Receives device, self- installs Free LeakBot, paid for by the insurer. Clip in 5 minui no tools, no plumber, 65-year expected average lifetime. LeakBot has a well tested and
Slide 7: FY Results highlights
FY Results - Group revenue up 20% to £4.6m (FY25: £3.9m) Recurring revenue up 51% to £3.8m — now 83% of total revenue (FY25: 66%) ARR at period end £4.6m, up 41% (FY25: £3.3m) C-ARR at year end £6.8m (FY25: £5.9m), up 15.3% US revenue up 117% to £2.3m — now 49% of Group revenue (FY25: 27%) Operating
Slide 8: Business snapshot today
BUSINESS SNAPSHOT TODAY Results snapshot. 144,507 Active LeakBots - 31 March 2026 C-ARR— contr: £6.8m acted annualise recurring revenue from i units - #15.3% year-on-year growth 10% ay £4.6m £3.9m 200% £2.7m £2.1m £0.7m £0.2m — MAR 22 MAR23 MAR24 MAR25 MAR 26 MaR 22 £0.7m > £4.6m - Mar 22 Mar 26 Rev
Slide 9: Partner momentum - FY26
PARTNER MOMENTUM - FY26 Contract wins: 2025/26. (J Nationwi a85 BAR RIV) [| Nationwide @ SELECTIVE Bee ER eae INSURANCE “= MUTUAL Expanded roll-out from 16 to 26 US states (Nov 2025). OO sequent vet further 35000 one a he Sune 2836 Newparetormont and New Hampshire, National rollout, 1 state fotprint
Slide 10: World-class levels of customer satisfaction
World-class levels of HOMEOWNERS "'m incredibly surprised and impressed that this service is provided for free — it seems too good to be true! My plumber found the leak ina weird place | never would have found myself, fixed it super quickly. 1 couldn't be happier." L.M.- Ohio (itiberty Mutual lomeow
Slide 11: FY26 Results - Consolidated Group Financials
FY26 RESULTS - CONSOLIDATED GROUP FINANCIALS Summary Consolidated Group results, year ended 31 Mai P&L SUMMARY FY26 FY25 Revenue Cost of sales Gross profit Gross margin Administrative expenses Operating loss Net finance expense Loss before tax Tax credit Loss for the year £4,645k £(4,426)k £219k 4.7
Slide 12: Financials - Unit Economics
FINANCIALS - UNIT ECONOMICS. FY results . Plumber efficiency drives underlying gross margin (ex device activ Revenue £4.6m aE UK + 0K SA Group Device activation costs in USA £2.4m Jobs / day 2.2 2.1 1.6 1.9 Plumbing costs £2.0m . Underlying gross margin Gross margin 4.7% Underlying Gross Margin (exc
Slide 13: Simplifying how we report
SIMPLIFYING HOW WE REPORT Simplified KPls for transparency. oi Active LeakBots o2 ARR at period end derived: Revenue Per Device / month 03 Underlying gross margin os Contracted ARR Group 144,507 £4.6m £2.64/mo 58% £6.8m usA 57,408 £2.6m £3.74 45% £4.3m UK 31,071 £1.3m £3.52 61% £1.6m DENMARK 27,229
Slide 14: Balance sheet - post year-end
BALANCE SHEET - POST YEAR-END. Refinancing complete. HOMESERVE LOAN NOTES RESTRUCTURED = Interest rate cut from 12% to 5% per annum = Redemption date extended to 31 May 2030 = Delivers an immediate £1.1 million benefit from the write-down = £7.2 million reduction in future cash debt service to Decem
Slide 15: Current trading
Current trading +15% Qtr-on-Qtr Total active LeakBots, up from 144,507 at 31 March 2026 MARKET a UK <> Denmark 39,000 @ Sweden 31,000 © USA 66,000 YoY ONDO Nationwide has confirmed its intention to order a further 35,000 LeakBots in H2 2026. Admiral signed a new two-year agreement for a further 10,0
Slide 16: How we will report contract wins
How we will b Partner contracts vary widely in scale. Future RNS announcements on new contract wins will state which of these four bands the deal falls into, giving a consistent read on size across partners. BAND 1 BAND 2 BAND 3 BAND 4 5,000-10,000 10,000-20,000 20,000-40,000 40,000+ At standard pri
Slide 17: Why now - the investment case
WHY NOW - THE OPPORTUNITY IN SUMMARY The investment case. o1 02 03 04 05 06 Proven business model and demonstrable RO! for insurers. Patent-protected technology with no direct competitors. Accelerating growth across established markets. Visibility to sustainable recurring revenue from contracted cli
Slide 18: Appendix - Definitions
APPENDIX DEFINITIONS Key terms used in this presentation. CARR Active LeakBots Monthly Churn Rate Gross Profit / Margin [ARR from active devices, plus annualised revenue from committed and contracted but not-yet-activated devices (at an assumed activation rate by country within 18 months). Committed
Slide 19: Appendix - Shareholder register
APPENDIX - SHAREHOLDER REGISTER Shareholders. Shares in issue @ 16 July 2026 — close: 246,524,760 MAJOR SHAREHOLDERS ( NAME James van den Bergh Jeremy Attard-Manche HomeServe Assistance Limited NUMBER 17,238,136 16,666,666 13,628,275 % 6.99% 6.67% 5.53% DIRECTOR HOLDINGS NAME Mark Wood EXECUTIVE CHA
Slide 20: Ondo InsurTech Plc
ONDO INSURTECH PLC Croup, investor information &financiat ONAOplc.com 7 reporting LEAKBOT Product, partners & customer experience leakbot.io © LSE: ONDO | LONDON STOCK EXCHANGE - MAIN MARKET ONDO INSURTECH - FY26 RESULTS - YEAR ENDING MARCH 31, 2026 21