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
Should I buy CBA shares? Or is it too late at $120 per share – an all time high
Should I buy CBA shares? CBA (Commonwealth Bank of Australia (ASX: CBA)) keeps hitting new highs, surpassing $120 per share…
Monash IVF (ASX:MVF): Emerging from a difficult 5 years better than ever
In the 9 and a half years since fertility provider Monash IVF (ASX:MVF) listed, it has not been an easy…
Why has Warren Buffett been so admired by investors for the last 50 years?
Everyone knows the name Warren Buffett as one of the most successful and well-known investors in history. But why is he…
IBM (NYSE:IBM) may no longer be a monopolist, but it is an emerging player in the lucrative AI, Cloud and Quantum spaces
‘No one got fired for buying an IBM‘. Yes, that was an actual saying, sometimes in those exact words, otherwise…
Should you invest in commodities in 2024? Here’s how to go about it
In this article, we look at why you may want to invest in commodities. To cut to the chase, we…
Toubani Resources (ASX:TRE) gets ready for the big time in Mali
Toubani Resources (ASX:TRE) is another aspiring gold producer. What’s not to love about an aspiring gold producer right now? Its…
Frequently Asked Questions
Unith is best known for so-called its Talking Heads - AI-powered avatars with realistic expressions and conversational abilities.