UNT’s mobile Subscription Division Performing too It has also been a busy quarter for the company’s Mobile Subscription division. It surpassed 100,000 users of its Bedtime Stories and AstroVIP apps across Europe and the Middle East and grew the total number of users by 86% during the quarter. It secured approvals to launch the applications in a further 4 markets, bringing the total number to 17.The company plans to deploy a higher marketing budget during 1HY24 in the hope that it can acquire users in-house, rather than using third-party providers. The company expects it to pay off in 2HY24. Valuation reiterated at 8.2c to 12.7c per share
We reiterate our value of the company at A$65.2m base case and $103.7m bull case, equating to 8.2c per share and 12.7c per share under UNT’s current number of shares on issue.
==== Not much interest in broker reports but in case you wanted to know what world thinks of UNT====
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Mkt cap ! $20.86M |
Open | High | Low | Value | Volume |
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9 | 3128849 | 0.015 |
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7 | 3476931 | 0.013 |
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0.019 | 957293 | 3 |
0.020 | 652444 | 3 |
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0.022 | 452473 | 5 |
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