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
Freelancer (ASX:FLN): The world’s largest workforce, powered by AI
Freelancer (ASX:FLN) is one of the ASX’s most intriguing stocks. The company is positioning itself as the ‘Amazon of services,’…
Tax implications of investing in stocks and how to slash your bill
The tax implications of investing in stocks are not often considered when you first start investing, although you may get…
Here’s why you need to watch gross margins as much as net margins
When looking at margins, gross margins are not typically considered by retail investors. But by considering them, you might gain…
WiseTech shares are way overvalued because of 1 thing investors are missing
Ever since WiseTech shares were under pressure in 2019/20 after a short-seller report and the Corona Crash, there’s been practically…
What is Reflexivity theory in relation to stocks and here’s how it made George Soros rich
If you have ever thought your stocks is influenced more by perceptions and actions of investors rather than fundamentals, that…
Here’s what you need to know about dual class shares and why the ASX still bans them in 2024
If you want to invest in the world’s biggest tech companies, you need to know about Dual class shares. Even…
Frequently Asked Questions
Unith is best known for so-called its Talking Heads - AI-powered avatars with realistic expressions and conversational abilities.