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Bullboard - Stock Discussion Forum 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... see more

TSXV:UI - Post Discussion

Urbanimmersive Inc > Is this the bottom??
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Post by laurencelefou on Aug 26, 2021 10:17am

Is this the bottom??

On the positive side, for the past three quarters revenues have been climbing ($1,102,000; $982,000 and $897,000), but so has operating expenses ($830,000; $595,000 and $564,000).  Operating cash flows are in and out of positive territory.  Liquidity and debt are about even $2,033,000 in cash and $1,918,000 in debt.
 
UI is finally collecting revenues from their immersive tours and floor plans.
 
Fourth-quarter revenues will be much better.
Comment by eKanameStock on Aug 26, 2021 10:27am
Couldnt agree more and they do plan to make a premium ($) version of UIMeet3D because now it's simply free. This should be out in the coming weeks if not very soon. They did mention potential partnerships to be disclosed soon and some acquisitions. So we'll have a busy Fall season in terms of activity. Despite RE market being extremely low in inventory and marketing, we still made the same ...more