Unith Ltd
(ASX: UNT) Share Price and News
Introduction to Unith (ASX:UNT)
Unith is an ASX-listed technology company that is responsible for the Talking Heads platform. Talking Heads are digital avatars that can have one-on-one Facetime-like conversations with customers through human-like digital avatars in real time to answer queries, take payments and showcase products.
Compared to text-only chatbots, they provide a better experience for customers and are therefore more likely to convert and/or maintain customers.
Unith's History
Unith was formerly known as Crowd Media and offered subscription-based content products. It was founded in 2009 and listed on the ASX in 2015 after a reverse takeover of digital marketing company Q Ltd.
The company launched Talking Heads in 2022 off the back of all the years' experience it had gained in AI. Within months of launching, the company had secured several clients including one anonymous Big 5 Tech company (i.e. one of Apple, Amazon, Meta, Google and Netflix).
Unith's Future Outlook
Unith faces a positive outlook in light of the rise of AI and having a commercial product that has limited competition. The challenge for the company as a listed stock (and a not yet profitable tech company) will be managing investor sentiment and getting the bottom line into positive territory.
Is Unith (ASX:UNT) a Good Stock to Buy?
Unith represents an intriguing investment prospect in digital technology. The problem is that its share price has followed investor sentiment around AI generally, rather than because of individual achievements the company has made. This, combined with the fact that it is not profitable, makes it a more risky stock and one that investors should approach with caution.
Our Stock Analysis
Tesla’s Future Under Trump: Will Energy Policies Boost or Challenge Its Growth?
The future of Tesla, a national electric vehicle sector player, will surely change under government policy initiatives. During the Trump…
What’s Next for NVIDIA? How Will Trump’s Stargate Project Impact Its Growth?
NVIDIA is the foremost power in AI hardware and software solutions, and thus the Stargate project, initially spearheaded by Donald…
The Evolution of MA Financial Group: What It Means for Investors in Australia
MA Financial Group, initially established as Moelis Australia in 2009, has grown significantly into a prominent financial services organisation. The…
Are $TRUMP and $MELANIA Coins Just a Trend, or the Next Game-Changer in Crypto?
With several controversies and trends circulating, speculation has been buzzing in the crypto world. From meme coins like Dogecoin to…
Crypto Under Trump 2.0: Will His Policies Fuel or Hinder Digital Currency Growth?
With the prospect of Trump coming back into the White House right on the horizon, the interest in his stance…
Wesfarmers (ASX:WES): A safe haven when inflation was at 40-year highs; but is it a growth opportunity now?
As retailers announced downgrades left right and centre during the cost of living crisis, Wesfarmers (ASX:WES) was an exception. Its…
Frequently Asked Questions
Unith is best known for so-called its Talking Heads - AI-powered avatars with realistic expressions and conversational abilities.