Unith Ltd Reports Growth and Technological Strides

Crowd Media Holdings Limited (AU:UNT) has released an update.

Unith Ltd reported a 12.3% rise in revenue to $4.52 million for FY24, with a successful expansion of their Digital Human platform, including the early launch of their self-service offering, interFace. The company has achieved significant technological advancements, making their digital humans more lifelike and responsive, and has garnered interest from various industries with over 600 B2B leads ahead of the official launch. Despite increased investments in R&D leading to an EBITDA loss, Unith raised $4.57 million to bolster AI capabilities and support the scaling of its product suite.

For further insights into AU:UNT stock, check out TipRanks’ Stock Analysis page.