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
What are the 6 best overseas markets for investors?
When it comes to the overseas markets, there are many that offer great prospects for investors, but which are the…
Here are the top 5 emerging industries and the best ways to invest in them
Emerging industries offer significant opportunities for investors who can capitalise on them. But what are some of the top emerging…
Will the reopening of China in 2023 be a further boom for ASX travel stocks?
The reopening of China has been underway for over a month now. Corporate Travel Management (ASX:CTD) CEO Jamie Pherous claimed that…
The 4 key differences between West Texas Intermediate and Brent oil
Brent and West Texas Intermediate are two of the world’s most popular benchmarks for crude oil pricing. But what are…
Graphite is a misunderstood commodity that’s very important for EV’s and 7 ASX companies
Graphite is no ‘poorer cousin’ of lithium, it is a critically important metal for several industrial and commercial applications –…
There are over 240 ETFs on the ASX and here’s what you need to know to profit from them
Exchange-traded funds (ETFs) are an increasingly popular investment option for investors looking to diversify their portfolios. ETFs are a type…
Frequently Asked Questions
Unith is best known for so-called its Talking Heads - AI-powered avatars with realistic expressions and conversational abilities.