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
Peninsula Energy’s Bold Leap Towards Profitability
Pеninsula Enеrgy Limitеd (ASX: PEN), a key player in the uranium еxploration sеctor in the Unitеd Statеs, with a markеt…
Commonwealth Bank’s Surprising Q1 Results
The Commonwealth Bank of Australia (ASX: CBA), which is considered to be one of the most prominеnt financial institutions in…
6 companies that suffered a remuneration report strike this AGM season
Each AGM season, there are always a handful of ASX companies that endure a remuneration report strike. All companies have…
The ASX is shrinking for the first time in 18 years – will this disturbing trend reverse in 2024?
“The ASX is shrinking for the first time in 18 years” – say the headlines in much of the media.…
Is Telstra benefiting from Optus and its struggles? And could this be a good opportunity to buy Telstra shares?
The Optus debacle might have you believe that we’re seeing Telstra benefiting from Optus and it is therefore a good…
Arizona Lithium’s meteoric 370% surge: What’s behind the Lithium hype?
Arizona Lithium (ASX: AZL), a rising player in the lithium exploration sector, has recently seen a notablе 370% surgе in…
Frequently Asked Questions
Unith is best known for so-called its Talking Heads - AI-powered avatars with realistic expressions and conversational abilities.