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Urbanimmersive Inc V.UI

Alternate Symbol(s):  UBMRF

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.


TSXV:UI - Post by User

Comment by TheInternon Feb 06, 2021 4:56pm
177 Views
Post# 32494059

RE:Matterport revenue

RE:Matterport revenue I was first thinking that they must be way under at only US$42.5M/yr, but Urbanimmersive purchased Immersolutions last year (exclusive resaler of Matterport in Canada) and made about US$1.0M of sales from it in the TTM (also selling a lot of Ricoh in that US$1.0M).

 Lets assume that Immersolution purchased for about US$500k of Matteport gear and that Canada is only 1/20 of Matterport business that would be US$10M of hardware sale and US$30M of software.

UI at around US$2.5M of software sale is 1/12 smaller but valued at 1/100 of Matterport...

For sure UI deserve a size discount but a 85% discount?

UI is clearly the #1 target for a public Matterport and at the current valuation gap a huge value creator!
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