Urbanimmersive Inc V.UI

Alternate Symbol(s): UBMRF

Technology Software - Application

Urbanimmersive Inc. is a Canada-based company, which develops and markets real estate photography technologies and services. The Company is engaged in developing and commercializing immersive, which is a software as a service (SaaS) platform offering immersive marketing solutions, three-dimensional (3D) photographic equipment and photography services to professional photographers. Its segments include Software, Photographic Equipment and Services. The Software segment offers a SaaS marketing platform to professional photographers and other immersive visual content providers. The Photographic Equipment segment offers a resale service of 3D photographic equipment. The Service segment offers real estate photography and floor plans and measurement services. Its products and services include Print, Visual Media, Property Website, Floor Plan + and 3D Tour & Floor Plan. Through its HomeVisit printing facilities, it provides print solutions for real estate agents.

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Urbanimmersive Inc > Again regarding financial statement Q1

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Comment by Torontojayon Mar 27, 2023 12:50pm

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Post# 35362649

RE:RE:RE:RE:Again regarding financial statement Q1

They actually are losing money even if you remove the non recurring expenses. The company has to pay for:

1) tangibles/intangibles.

2) lease payments

Negatives for the company:

1) Interest expense moving higher.

2) risks on how the company manages its recent acquisitions. It is highly speculative on how much synergies can be achieved.

3) poor working capital ratios

4) increasing debt while fcf is negative. They keep digging themselves further into a hole with each acquisition. One bad acquisition can be the final nail in the coffin.