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.

TSXV:UI - Post by User

Urbanimmersive Inc > Added a bit more

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Comment by Torontojayon Aug 26, 2021 6:34pm

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Post# 33773958

RE:RE:Added a bit more

prophetoffacts wrote: Isn't the EBITDA for the quarter of only $47,000 surprising and alarming during a seasonal strong period. While not a perfect measure GMV has collapsed after the quarter and is below 2019 levels and now UI is also heading into its period of seasonal weakness.

The busiest four months (May, June, July and August) make up 40 percent of annual home sales volume, with an average of 2.1 million purchase transactions taking place during this period, according to data from the National Association of Realtors. “In general, the best time to sell a house is the summer.

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