Unith (ASX:UNT) Quarterly Activities Report - March 2025 Quarter
Unith (ASX:UNT)
Q3 FY25 Highlights:
● Q3 FY25 cash receipts of$1.339 million were up 9.3% on the prior quarter figure (Q2 FY25: $1.225 million).
● B2C Subscription Division Q3 FY25 unaudited revenue totalled $1.25 million.
● B2C Subscription Division active subscribers exceeded 885,000 by end-Q3 FY25, and were spread across 36 countries
● B2C Subscription Existing Customer Base lifetime value (LTV) was estimated at $4.425 million as at end-Q3 FY25 (estimated on the total projected revenue UNITH expects to generate from its entire existing customer base over their average lifespan as paying customers).
● UNITH signed a one-year initial agreement valued at $130,000 with a very significant global pharmaceutical enterprise client in Q3 FY25.
● UNITH has recently made some changes to its leadership team, including the appointment of:
○ Antony (Anton) Eaton to the UNITH Board of Directors as a Non-Executive Director; and
○ Rakan Sleiman as General Manager of Digital Humans (announced early in UNITH’s Q4 FY25).
● Cash on hand as of 31 March 2025 totalled $1.065 million.
Commenting on the Digital Human Technology Division’s performance during the March 2025 quarter, its General Manager Rakan Sleiman said:
“The Digital Human Technology Division experienced pleasing growth over the course of the March 2025 quarter, with a host of key metrics for the period much stronger than year ago levels. The Division’s customer base and revenue expanded over the quarter, and scaling conversations increased. These notable achievements came through while a more comprehensive and self-service Digital Human platform was successfully delivered. This strong performance in part reflected the benefit of the Division’s interactions with its committed partner and business networks, which continue to grow in number, and are already spread across multiple sectors. It also reflected the work ethic of our team, which has been laser-focused on execution. And last but not least, our success over the March 2025 quarter also flows from the fact that our technology offering has clear-cut value-add in real-world applications. With strong ongoing momentum, I’m confident we’ll close the 2025 fiscal year with continued growth and further traction across target market segments.”
Commenting on the geographical expansion to Gabon, the B2C Division’s General Manager, Ivan Dumancic, said:
"The B2C Division continued to successfully deliver on its stated growth strategy in the March 2025 quarter, a key part of which is to expand into emerging markets like Gabon. These regions offer untapped potential for digital services, especially those tailored for children and young users. In Gabon’s case, it offers significant growth upside, thanks to 35% of its population being under the age of 15 and the country having one of Africa's highest GDPs per capita levels. Such age and wealth metrics make Gabon an ideal market for B2C to grow revenues by leveraging growing demand for AI-driven content – and there are many more like emerging economies out there that can and will be targeting over coming months."
Commenting on the UNITH B2C division's performance during the March 2025 quarter, its General Manager, Ivan Dumancic, said:
"The B2C team remains focused on delivering engaging and culturally relevant AI-powered experiences to a continually growing global audience. Over the course of 2025, we have grown our customer base by 55% and have broadened our product portfolio by adding over 400 new digital human conversations. Future expansion into new markets remains a priority, especially where mobile usage and youth demographics align with UNITH’s product strengths."
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About us:
About UNITH
UNITH is a leading digital human software developer. It unifies the research and development of facial movement deep learning, audio machine learning, and conversational design to generate the first customizable, interactive avatar of its kind.
Businesses can create their own digital humans to immerse, assist, and educate customers in real time and in multiple languages, all through one full stack platform.
For further information, please visit: unith.ai
Contact details:
For more information, please contact:
Unith Ltd
Scott Mison
Executive Director
M: + 61 410 594 349
E: [email protected]
Media & Investor Enquiries
The Capital Network
Julia Maguire
P: +61 7257 7338
E: [email protected]