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Ondo InsurTech (LSE:ONDO) Construction In Progress : £0.00 Mil (As of Sep. 2024)


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What is Ondo InsurTech Construction In Progress?


Ondo InsurTech Construction In Progress Historical Data

The historical data trend for Ondo InsurTech's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ondo InsurTech Construction In Progress Chart

Ondo InsurTech Annual Data
Trend Feb22 Mar24
Construction In Progress
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Ondo InsurTech Semi-Annual Data
Aug21 Feb22 Aug22 Sep23 Mar24 Sep24
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Ondo InsurTech Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Ondo InsurTech Business Description

Traded in Other Exchanges
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
Ondo InsurTech PLC is into the Insuretech business in the home insurance Industry. The company's Leakbot system comprises a self-install sensor that clips to a pipe and detects a leak anywhere on a main water system. The company derives revenue from water leak detection devices, water leak detection services, Repair services, and consultancy services. The company has a geographical presence in the UK, USA, and Europe. The company derives the majority of its revenue from the UK.

Ondo InsurTech Headlines

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