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
Why a stock’s beta is important for investors to know about
In this article we look at the concept of Beta in relation to stocks. Beta (sometimes represented by the figure β)…
Parker Hannifin (NYSE:PH): One of the world’s top motion control manufacturers
Parker Hannifin (NYSE:PH) is this week’s international stock deep dive. It is one of the world’s top industrial companies and…
What is the next ASX lithium stock to be acquired? Here are 4 hot tips!
Many investors are wondering which will be the next ASX lithium stock to be bought out. After all, it hasn’t…
Is the $173m Westpac impairment something investors need to worry about?
Not for the first time this decade, investors awoke on Thursday to the news of a $173m Westpac impairment. Westpac shares…
5 stocks that reinvented themselves successfully
Today we look at stocks that reinvented themselves with complete success. Although many listed companies are several decades old, virtually…
Government bonds: Why are they so important in financial markets and why are they so high now?
Most investors will have heard of government bonds and know that they are important to financial markets. But not all investors…
Frequently Asked Questions
Unith is best known for so-called its Talking Heads - AI-powered avatars with realistic expressions and conversational abilities.