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
FDA approval for ASX health stocks: Which companies are close to the green light in 2024?
FDA approval for ASX health stocks is the dream that just about all emerging companies in the sector are aspiring…
AGL Energy in 2024: What does the year ahead hold for Australia’s largest energy provider?
AGL Energy in 2024…only time will tell what it has in store for the company. Will it finish the year…
The Barossa Project and Santos: A Long Awaited Green Light was Lit!
The Barossa Project and Santos (ASX: STO) have both suffered from the long legal battle over the NT gas project.…
What is the best trading platform for ASX stocks in 2024?
If you want to trade stocks on ASX, what’s the best trading platform for ASX shares? Unfortunately, there is no…
Goodman Group (ASX:GMG): It looks expensive, but can its expansion into Data Centers make it worth its high price?
Goodman Group (ASX:GMG), the ASX’s biggest industrial property player, is making a shift into the world of data centres. On…
ASX ETFs (Exchange Traded Funds): Here’s why they’re a good option for investors to consider, and here are our Top 4!
There are a variety of options available for investors looking to invest in the stock market, with ASX ETFs (Exchange-Traded…
Frequently Asked Questions
Unith is best known for so-called its Talking Heads - AI-powered avatars with realistic expressions and conversational abilities.