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
ASML looks compelling in June 2024, but is it the right time to buy?
The tech sector is buzzing with excitement and ASML (NASDAQ: ASML) is one company that stands out in the sector.…
Does the Interest Rate cut in Canada provide realistic hope Australia will follow suit?
Why would the Interest Rate cut in Canada be of any relevance to investors in any other country, including in…
ASX Stocks to Benefit from the 2024 Olympic Games in Paris
Which ASX stocks will benefit from the upcoming Olympics in Paris? As the world edges towards the Paris 2024 Olympic…
Best Stocks to Short if Trump Wins in November? Here are our top 3 picks!
What are the best stocks to short if Trump Wins in November? We’re not talking stocks to buy if Trump…
ASX Baby Boomer Stocks: Here are 5 we think will be big winners as Boomers retire and 5 losers
Let’s take a look at ASX Baby Boomer Stocks. That is to say stocks that will benefit as Baby Boomers…
What’s a Bear Market? Here’s 7 ways to detect them and avoid big losses
It is easy to forget there is such a thing as a bear market during long-run stock booms, but the…
Frequently Asked Questions
Unith is best known for so-called its Talking Heads - AI-powered avatars with realistic expressions and conversational abilities.