Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-19

  1. 3,781 Posts.
    lightbulb Created with Sketch. 1212
    LOL dreamy trader again with some interesting insight.

    Some tech companies are worth billions and make losses for years while they are building their technology base.

    UNITH has now launched its InterFace Platform, its has its Subscription Business and is sitting on some very good profits on some of its investments.

    Shareholders should LOOK AT THE BIG PICTURE and not the picture from people like dreaming of trading and the downrampers.

    It will be interesting to see if AudioStack Lists soon and what UNITHs investment in this company will grow to.

    UNITH's Investment in AudioStack - Current Value early 2024

    As of early 2024, UNITH’s 9.7% stake in Aflorithmic (now rebranded as AudioStack) has seen significant appreciation in value. The investment, initially valued at AU$2 million in mid-2023, has doubled to approximately AU$3.9 million by February 2024. This increase was driven by AudioStack’s successful pre-Series A funding round, which raised £2.5 million (~AU$4.1 million) at a pre-money valuation of US$27 million (AU$41 million). This boost in valuation reflects the growing demand for AudioStack's AI-powered audio production technologies.

    So what is UNITH's value if Audiostack was worth AUD$41m at the beginning of 2024?

    Obviously one would think more than Audiostack. rolleyes.png

 
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