Remember this from the last quarterly report:
We can now add another Au$800,000 to the kitty which means we won’t be needing CR for another few quarters.
Add to that the increasing revenue from their existing B2B subscription division as well as interface revenue, the future looks very promising IMO.
The renewal of the APH contract further validates Unith’s digital humans.
I am very happy that they decided to divest only a part of Audio Stack to further strengthen our bank balance while revenue continues to climb steadily.
Looking forward to reading the quarterly report soon.
The company believes this figure is understated, as operating cash flows for the current quarter
included higher user acquisition (marketing) costs for the B2C Subscription division in Q1 FY25.
With the latter division’s unique Ai offering already starting to penetrate target addressable
markets, revenue from B2C products is expected to grow over the remainder of FY25. Furthermore,
there were higher payments in Q1 FY25 related to annual (reporting and auditing) items from FY24,
which will not be repeated in the coming quarters.
UNT Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
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(20min delay)