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Urbanise.com Ltd. (AU:UBN)
ASX:UBN
Australian Market

Urbanise.com (UBN) AI Stock Analysis

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AU:UBN

Urbanise.com

(Sydney:UBN)

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Underperform 40 (OpenAI - 5.2)
Rating:40Underperform
Price Target:
AU$0.62
▼(-14.17% Downside)
Action:DowngradedDate:10/31/25
Urbanise.com faces significant challenges in profitability and cash flow management, which heavily impact its financial performance score. Technical analysis indicates a lack of momentum, with potential oversold conditions. The valuation is unattractive due to negative earnings and no dividend yield. These factors collectively result in a low overall stock score.
Positive Factors
Low leverage / balance sheet stability
A very low debt-to-equity ratio provides durable financial flexibility: lower interest burden, greater capacity to fund operations or strategic initiatives internally, and resilience in downturns. This structural strength reduces refinancing risk and supports multi-month operational stability while profit recovery is pursued.
Recurring SaaS revenue model
A subscription-based SaaS model yields predictable, recurring revenue and higher customer lifetime value when retention is maintained. This durable revenue base supports more reliable cash flows and scaling advantages (module add-ons, upsell) over 2-6 months, aiding planning and long-term customer relationships.
Positive revenue growth trend
Reported double-digit revenue growth indicates ongoing customer adoption and traction for platform offerings. Sustained top-line growth creates opportunities for scale economics and cross-sell, providing a runway to improve margins and amortize fixed costs over a larger base if cost management measures follow.
Negative Factors
Persistent unprofitability
Negative net and EBIT margins signal the core business is not currently generating operating profits. Over months this limits retained earnings and constrains reinvestment in product and sales, making margin recovery essential for sustainable growth and long-term shareholder value creation.
Severe free cash flow deterioration
A very large negative FCF growth rate and weak cash conversion point to material cash burn and inefficient earnings-to-cash translation. Even with low debt, prolonged negative FCF can force external financing, dilute shareholders, or curtail strategic investments, posing structural liquidity risk over several months.
Declining gross margins / cost pressures
Slipping gross margins reflect either rising direct costs or pricing pressure, eroding the ability to cover operating expenses. Without corrective action, margin compression undermines scalability and makes it harder to translate revenue growth into sustainable profitability over the medium term.

Urbanise.com (UBN) vs. iShares MSCI Australia ETF (EWA)

Urbanise.com Business Overview & Revenue Model

Company DescriptionUrbanise.com Limited, together with its subsidiaries, designs and develops cloud-based software platforms for the strata and facilities management industries in Australia, New Zealand, Asia, Europe, the Middle East, South Africa, and rest of Africa. It engages in the development and commercialization of intellectual property associated software licensing and consulting services. The company's Strata platform manages apartment buildings, strata commercial towers, and housing communities; and Facilities platform manages infrastructure, buildings, and residential and commercial properties, as well as assets and workforce management. It serves FM service providers, education, utilities, health and aged care, government, property, NDIS, retail, and infrastructure industries. The company was incorporated in 2001 and is based in North Sydney, Australia.
How the Company Makes MoneyUrbanise generates revenue primarily through subscription fees for its software products. Clients typically pay a monthly or annual fee based on the number of users or properties managed through the platform. Additionally, the company may earn revenue from implementation services, training, and ongoing support packages that help clients maximize the use of their software. Significant partnerships with property management firms and real estate developers enhance Urbanise's market reach and customer base, contributing to its overall earnings.

Urbanise.com Financial Statement Overview

Summary
Urbanise.com is experiencing growth in revenue but faces significant challenges in profitability and cash flow management. The low leverage is a positive aspect, providing some financial stability. However, the company needs to address its operational inefficiencies and improve its cash conversion to ensure long-term viability.
Income Statement
35
Negative
Urbanise.com has shown a modest revenue growth rate of 3.87% in the latest year, indicating some positive momentum. However, the company is struggling with profitability, as evidenced by negative net profit margins and EBIT margins. The gross profit margin has significantly decreased from previous years, highlighting challenges in cost management or pricing strategy.
Balance Sheet
40
Negative
The company maintains a low debt-to-equity ratio of 0.007, suggesting minimal leverage and potential financial stability. However, the negative return on equity indicates that the company is not generating returns for shareholders, which is a concern for long-term sustainability. The equity ratio is relatively healthy, showing a strong equity base compared to total assets.
Cash Flow
30
Negative
Urbanise.com has improved its free cash flow position, but the negative free cash flow growth rate of -757.21% is alarming. The operating cash flow to net income ratio is below 1, indicating that the company is not efficiently converting its earnings into cash. This could pose liquidity challenges in the future.
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue14.10M13.13M12.60M12.85M12.67M11.49M
Gross Profit-695.63K1.60M12.37M-3.34M-3.61M-2.89M
EBITDA-3.21M-3.74M-2.13M-4.75M-4.20M-1.98M
Net Income-2.28M-3.59M-3.46M-5.66M-5.90M-3.85M
Balance Sheet
Total Assets22.69M25.58M14.01M16.78M15.94M20.77M
Cash, Cash Equivalents and Short-Term Investments12.55M16.02M1.90M4.25M3.97M7.82M
Total Debt241.88K99.47K404.99K751.52K623.58K915.57K
Total Liabilities9.31M12.05M8.83M8.73M6.40M6.46M
Stockholders Equity13.38M13.53M5.17M8.05M9.55M14.32M
Cash Flow
Free Cash Flow1.24M5.34M-2.08M-3.08M-3.84M-3.24M
Operating Cash Flow1.30M5.38M-2.08M-3.03M-2.81M-2.14M
Investing Cash Flow-10.07M-35.59K-7.28K-36.49K-1.03M-1.10M
Financing Cash Flow8.68M8.65M-241.88K3.31M0.006.54M

Urbanise.com Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.72
Price Trends
50DMA
0.71
Negative
100DMA
0.72
Negative
200DMA
0.76
Negative
Market Momentum
MACD
-0.01
Positive
RSI
31.94
Neutral
STOCH
5.56
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:UBN, the sentiment is Negative. The current price of 0.72 is above the 20-day moving average (MA) of 0.69, above the 50-day MA of 0.71, and below the 200-day MA of 0.76, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 31.94 is Neutral, neither overbought nor oversold. The STOCH value of 5.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:UBN.

Urbanise.com Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
64
Neutral
AU$52.37M-10.2613.76%5.97%-18.05%-51.45%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
48
Neutral
AU$30.75M-173.03-3.14%2.98%93.55%
47
Neutral
AU$111.07M-26.0844.80%7.69%
43
Neutral
AU$101.30M-12.17-140.76%-41.24%75.68%
40
Underperform
AU$51.29M-37.50-38.41%4.16%-0.74%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:UBN
Urbanise.com
0.65
0.13
25.00%
AU:IRI
Integrated Research Limited
0.31
-0.05
-13.60%
AU:IOD
IODM Ltd.
0.18
0.01
9.37%
AU:YOJ
Yojee Ltd.
0.30
0.12
73.53%
AU:RCL
ReadCloud Ltd.
0.09
>-0.01
-9.38%
AU:VIG
Victor Group Holdings Ltd
0.04
-0.01
-25.45%

Urbanise.com Corporate Events

Urbanise lifts recurring revenue and narrows loss on NAB-driven growth
Feb 25, 2026

Urbanise.com reported half-year FY2026 revenue of $7.3 million, up 15% year on year, with licence revenue rising 10% to $6.5 million and professional fees boosted by its partnership with National Australia Bank. Annualised recurring revenue climbed 17% to $13.2 million and contracted ARR reached $13.6 million, while the EBITDA loss narrowed 21% to $0.7 million despite continued upfront investment in a new banking integration platform.

The company remained operating cashflow negative due to development of its Data and Payments Integration Services with NAB and closed the period with $12.5 million in cash and no material debt. Strata revenue grew 22.2% to $4.5 million and facilities management revenue rose 5.4% to $2.7 million, as Urbanise accelerated AI-enabled product development and targeted higher-value recurring contracts to strengthen growth and platform defensibility.

The most recent analyst rating on (AU:UBN) stock is a Sell with a A$0.50 price target. To see the full list of analyst forecasts on Urbanise.com stock, see the AU:UBN Stock Forecast page.

Urbanise.com reports lapse of 1.04 million performance rights
Feb 10, 2026

Urbanise.com has notified the ASX of the cessation of 1,044,643 performance rights, recorded under security code UBNAB. The rights lapsed on 2 February 2026 because the conditions attached to these conditional rights were not met or became incapable of being satisfied.

The change slightly reduces Urbanise.com’s pool of potential equity-based instruments on issue, reflecting the non-fulfilment of performance hurdles tied to these rights. This adjustment to the company’s capital structure may modestly affect dilution expectations for existing shareholders but does not involve any cash outlay or immediate operational change.

The most recent analyst rating on (AU:UBN) stock is a Sell with a A$0.50 price target. To see the full list of analyst forecasts on Urbanise.com stock, see the AU:UBN Stock Forecast page.

Urbanise Lifts Quarterly Revenue as NAB-Backed DPIS Build Drives Cash Outflows
Jan 29, 2026

Urbanise.com reported unaudited Q2 FY2026 revenue of $3.7 million, up 22.2% on the prior corresponding period, driven mainly by licence fees of $3.2 million and a sharp increase in professional fees linked to its strategic partnership with National Australia Bank and the development of its Data and Payments Integration Services platform. New contracts added $136,000 in annual licence fees and $76,000 in professional fees, while net operating cash outflow of $211,000 reflected upfront investment in the NAB partnership, one-off recruitment and staff costs, and a $0.3 million working capital reduction, leaving the company with $12.6 million in cash and no material debt; management expects FY2026 operating cash flow to remain negative as DPIS is rolled out, with a return to positive operating cash targeted for FY2027 and a CY2026 launch of the integrated payments solution aimed at strengthening its market position and improving customer workflows.

The most recent analyst rating on (AU:UBN) stock is a Sell with a A$0.50 price target. To see the full list of analyst forecasts on Urbanise.com stock, see the AU:UBN Stock Forecast page.

Urbanise.com Seeks ASX Quotation for Additional Ordinary Shares
Jan 12, 2026

Urbanise.com has applied to the ASX for quotation of 41,190 new fully paid ordinary shares under its ticker UBN, following the conversion or exercise of existing options or other convertible securities. The relatively small issuance marginally increases the company’s quoted capital base and reflects the ongoing process of bringing previously granted or convertible instruments onto the market, with limited immediate impact expected on existing shareholders or the company’s broader market positioning.

The most recent analyst rating on (AU:UBN) stock is a Sell with a A$0.50 price target. To see the full list of analyst forecasts on Urbanise.com stock, see the AU:UBN Stock Forecast page.

Urbanise.com Reports Lapse of 460,886 Restricted Share Appreciation Rights
Jan 7, 2026

Urbanise.com has notified the market that 460,886 restricted share appreciation rights (SARs) under the security code UBNAD have lapsed as of 31 December 2025, after the performance or vesting conditions attached to those rights were not met or became incapable of being satisfied. The cessation of these conditional equity instruments reduces the company’s potential future share dilution and signals that certain performance hurdles tied to these awards were not achieved, which may be viewed as a reset of incentive structures and could have implications for how management and staff are rewarded going forward.

The most recent analyst rating on (AU:UBN) stock is a Sell with a A$0.50 price target. To see the full list of analyst forecasts on Urbanise.com stock, see the AU:UBN Stock Forecast page.

Urbanise.com Issues 3.6 Million Unquoted Rights Under Employee Incentive Plan
Jan 7, 2026

Urbanise.com Limited has notified the Australian Securities Exchange of the issue of 3,635,000 restricted share appreciation rights under its employee incentive scheme, which are unquoted securities and will not be listed on the exchange. The award of these rights highlights the company’s ongoing use of equity-linked incentives to align employees with shareholder interests and may have a modest dilutive impact if and when such rights vest and convert, reflecting standard practice among ASX-listed technology and software providers.

The most recent analyst rating on (AU:UBN) stock is a Sell with a A$0.50 price target. To see the full list of analyst forecasts on Urbanise.com stock, see the AU:UBN Stock Forecast page.

Urbanise.com Announces Issuance of 10,577 Ordinary Fully Paid Securities
Dec 17, 2025

Urbanise.com announced the issuance of 10,577 ordinary fully paid securities with the ASX code UBN on December 18, 2025. This marks a strategic step in expanding their capital base and reinforcing their standing within the industry. The release of securities highlights the company’s efforts to enhance its operational scale and market presence, benefiting stakeholders through potential growth opportunities.

The most recent analyst rating on (AU:UBN) stock is a Sell with a A$0.50 price target. To see the full list of analyst forecasts on Urbanise.com stock, see the AU:UBN Stock Forecast page.

Urbanise Appoints New Auditor Amid Operational Refinement
Dec 17, 2025

Urbanise.com Limited has announced the appointment of BDO Audit Pty Ltd as its new auditor following a tender process for audit services. The effective resignation of its previous auditor, A D Danieli Audit Pty Ltd, approved by the Australian Securities and Investments Commission (ASIC), underscores operational refinement and the company’s adherence to corporate regulations. The formal resolution regarding the new auditor will be presented at the company’s forthcoming General Meeting.

The most recent analyst rating on (AU:UBN) stock is a Sell with a A$0.50 price target. To see the full list of analyst forecasts on Urbanise.com stock, see the AU:UBN Stock Forecast page.

Urbanise.com Announces Quotation of New Securities on ASX
Dec 9, 2025

Urbanise.com has announced the quotation of 52,711 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code UBN. This move is part of the company’s strategy to enhance its market presence and provide liquidity for its securities, potentially benefiting stakeholders by increasing the company’s visibility and access to capital markets.

The most recent analyst rating on (AU:UBN) stock is a Sell with a A$0.50 price target. To see the full list of analyst forecasts on Urbanise.com stock, see the AU:UBN Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 31, 2025