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
How to benefit from BrainChip’s breathtaking potential in 2022
Who is BrainChip? BrainChip Holdings Ltd (ASX: BRN) develops software and hardware solutions for artificial intelligence (AI) and machine learning…
Servcorp Limited (ASX: SRV) is the ultimate back-to-the-office play
Who is Servcorp? Servcorp Limited (ASX: SRV) provides shared workspace, virtual offices, secretarial and IT services to companies and individuals…
Perenti Global (ASX: PRN) is emerging from 4 dark years
Who is Perenti? Perenti Global (ASX: PRN) is a diversified global mining services group with businesses in surface mining, underground…
Why Kalium Lakes (ASX: KLL) is a fertile potash play right now
Who is Kalium Lakes Kalium Lakes Limited (ASX: KLL) is an Australian mining company focusing on the development of its…
All our chips on Reef Casino Trust (ASX: RCT) in 2022?
Reef Casino Trust (ASX: RCT) owns and leases the Reef Hotel Casino complex located in Cairns, North Queensland. The company…
ASX travel stocks are taking off again in 2022, but which ones will fly the highest?
ASX travel stocks were among the worst companies hit by the Corona Crash as demand was literally eliminated in just…
Frequently Asked Questions
Unith is best known for so-called its Talking Heads - AI-powered avatars with realistic expressions and conversational abilities.