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
Major Industries of Australia – From Entertainment to Legacy Industries
Australia has a unique geographical location and some vast natural resources that led to the country becoming a huge economic…
Build to Rent Apartment Construction is on the rise! Here’s how to access this sector on the ASX
For years, investors have heard hype about the Build to Rent, but the hype has not matched reality…until now. …
Woodside Energy (ASX:WDS): Oil and gas isn’t dead just yet, but where does this energy giant’s future lie
Woodside Energy (ASX:WDS) is the ASX’s largest energy company, capped at nearly $50bn. A traditional oil and gas giant, a…
Here’s what you need to know about AML and CTF laws if you invest in The Big 4 Banks
AML and CTF laws are particularly relevant to a handful of large companies, particularly the Big Four Banks as well…
Life360 (ASX:360): What other company lets you know where your loved ones are?
Life360 (ASX:360) is this week’s stock of the week. It is both an international and domestic stock, because the Silicon…
Frequently Asked Questions
Unith is best known for so-called its Talking Heads - AI-powered avatars with realistic expressions and conversational abilities.