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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 Torontojayon Apr 27, 2023 10:25am
212 Views
Post# 35416860

Balance sheet is more important

Balance sheet is more important

To all Urbanimmersive existing shareholders.


I would highly recommend you pay attention to the balance sheet, the amount of debt they acquired and their inability to pay down their interest plus principal in the current macro environment. 

There is no point thinking too far out into the future, when the company may become insolvent if they can't make their payments in the near term. 

The only way out: 

1) they can issue more shares (good luck) 

2) the real estate market turns around rather quickly and saves the company from ruin. 


Thinking along these lines is a bit of a fairytale script. The company may very well run out of money before any of these scenarios play out. 

Good luck! 

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