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
Directors’ share trades – a great indicator for the rest of us
Thursday 17 December 2020 Listed companies these days are complicated things. The technology, the products, the markets and even…
Men are from BHP, Women are from Afterpay
16 December 2020 There’s an interesting story near the end of Rocket Boys, Homer Hickam’s 1998 memoir of his…
Brazilian opportunities for ASX-listed companies
15 December 2020 If there’s a country worth paying attention to right now for investors in ASX-listed resources companies,…
Despite Facebook’s troubles, the Technology sector is still your best bet for high growth
14 December 2020 It was the announcement that no-one saw coming. On Wednesday 9 December America’s Federal Trade Commission…
Why Australians are still drinking beer…and how to profit from it
9 December 2020 Don’t miss Friday Beers with Marc & Stuart Every second Friday afternoon the founders of Stocks…
Linius Technologies: The video Whizzards
8 December 2020 Linius Technologies (ASX:LNU) has been listed on ASX since May 2016 and the share price has seen…
Frequently Asked Questions
Unith is best known for so-called its Talking Heads - AI-powered avatars with realistic expressions and conversational abilities.