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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 kaykay22222on Dec 25, 2022 9:02am
95 Views
Post# 35191445

RE:RE:RE:RE:RE:It's not

RE:RE:RE:RE:RE:It's not@redcoats Q3 with $2.36m revenue was lower than I expected (i had $3m+ as target) I also don't expect Q4 to be better. Mortgage rate was above 7%, now ~6%. Healthy is pre-Covid between 4-5%. At least they are not burning cash (positice operating cash flow about $100k), but I don't expect any organic growth in the first half of 2023. We will see when the real estate market is coming back, UI should bounce back very strongly. Ghislaine said the critical metric is new listings, which is down-20%.
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