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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

Post by laurencelefouon Aug 03, 2021 7:31am
133 Views
Post# 33641282

Looking at some data

Looking at some data
Urbanimmesive Gross Merchant Volume (GMV) and USA new listings trends are pretty similar.  For the months of May and June 2021, there was an uptick in new listings (731,085 in May and 776,291 in June), however gross merchant volume has been trending downwards (May $1,170,000, June $910,000 and July $843,000).  If you copy paste the data and create a graph you will see an imperfect correlation between GMV and new listings.

The other intriguing data is the median days on market.  It has been declining since 2012.  For the month of June 2021, the median days on the market was estimated at 14 days by Redfin and at 37 days by Realtor.com.  Given the short time frame, it is possible that some real estate brokers have decided not to use the services of a real estate photographer.  Only ±35% of agents employ professional photographers.
 
UI now has four segments generating revenues.  Immersolution, SAAS revenues (Tourbuzz), real estate photo agencies (REPA) and licensing (two police and one fire department).  In all likelihood, UI is searching to add REPAs to its existing roster, hopefully, they will be located in the USA.

  USA listings UI GMV
July 2019 711796  $   874 000
August 2019 678837  $   809 000
September 2019 626132  $   781 000
October 2019 611157  $   767 000
November 2019 442793  $   474 000
December 2019 325288  $   297 000
January 2020 533550  $   540 000
February 2020 587085  $   702 000
March 2020 668111  $   885 000
April 2020 476745  $   587 000
May 2020 641203  $   853 000
June 2020 718696  $1 070 000
July 2020 760945  $1 140 000
August 2020 717694  $1 020 000
September 2020 703312  $1 040 000
October 2020 687169  $   966 000
November 2020 495107  $   735 000
December 2020 394349  $   529 000
January 2021 495628  $   624 000
February 2021 504223  $   759 000
March 2021 698433  $1 130 000
April 2021 756539  $1 030 000
May 2021 731085  $1 170 000
June 2021 776291  $   910 000
July 2021    $   843 000

https://www.redfin.com/news/data-center/

https://fred.stlouisfed.org/series/MEDDAYONMARUS

https://photographyforrealestate.net/statistics-on-realtors-usage-of-real-estate-photography/
 
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