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The latest update is out from Crowd Media Holdings Limited ( (AU:UNT) ).
Unith Ltd has bolstered its funding position by securing a A$1 million unsecured strategic facility and receiving an initial A$215,000 in Spanish R&D tax refunds after its AI and Digital Human software development work was formally recognised under Spain’s stringent R&D tax incentive regime. The facility, alongside recurring R&D refunds expected over coming periods, will support working capital, product development, platform scalability and enterprise deployment, underpinning the company’s revenue-generating initiatives and commercial expansion without altering its core strategy of scaling its AI and Digital Human platform and strengthening its global market presence.
The most recent analyst rating on (AU:UNT) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Crowd Media Holdings Limited stock, see the AU:UNT Stock Forecast page.
More about Crowd Media Holdings Limited
Unith Ltd is an Australia-headquartered deep-technology company focused on developing a proprietary artificial intelligence and Digital Human platform for global enterprise and subscription markets, with operations spanning Perth, Amsterdam and Barcelona. Its core strategy is to scale this AI-driven platform, grow recurring revenues and deepen adoption among enterprise customers while expanding its international footprint.
YTD Price Performance: -16.67%
Average Trading Volume: 2,528,200
Technical Sentiment Signal: Sell
Current Market Cap: A$12.15M
Find detailed analytics on UNT stock on TipRanks’ Stock Analysis page.