Urbanise.com (UBN) AI Stock Analysis

• Market Cap: AU$49.72M
• Dividend Yield: N/A
• Average Volume (3M): 33.48K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.17
• Revenue Growth: 4.16%
• EPS Growth: -0.74%
• Country: AU
• Employees: 73
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): >-0.01
• Shares Outstanding: 78,915,090
• 10 Day Avg. Volume: 19,986
• 30 Day Avg. Volume: 33,484
• PEG Ratio: -27.82
• Price to Book (P/B): 4.10
• Price to Sales (P/S): 4.23
• P/FCF Ratio: 10.39
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: AU$0.60 ▼(-16.81% Downside)
• Action: Downgraded Date: 10/31/25
• Date: Action: Downgraded 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

Recurring SaaS business model

A subscription SaaS model creates recurring, contractable revenue and higher customer retention over time. That structural revenue profile supports predictable top-line cash flow, easier unit economics improvement as scale grows, and durable lifetime value for customers and partners.

Modest but positive revenue growth

Sustained revenue growth, even modest, indicates ongoing customer adoption and demand for the platform. For a SaaS operator, continued growth provides the foundation to leverage fixed development costs, improve gross margins and justify incremental investment in product and sales over the next several quarters.

Very low financial leverage

Minimal debt reduces interest expense risk and increases balance sheet flexibility to fund operations or strategic investments without large refinancing needs. Low leverage also improves resilience to revenue volatility and preserves optionality for M&A or product investment over a multi-quarter horizon.

Negative Factors

Negative profitability and margins

Persistent negative net and EBIT margins signal the business is not converting revenue into operating profits. This undermines sustainable reinvestment, delays path to scale economics, and requires either structural cost reductions or meaningful revenue acceleration to restore long-term profitability.

Poor cash conversion and FCF deterioration

A dramatic decline in free cash flow growth and weak operating cash conversion point to working-capital or capital-intensity strain. This reduces liquidity, increases reliance on external funding, and constrains the company's ability to sustain product investment or absorb downturns over the coming quarters.

Negative return on equity

Negative ROE is a structural warning that equity capital is not delivering profit. It reflects inefficiencies or unprofitable growth and can hinder capital raising and shareholder confidence, making it harder to finance expansion or improve margins sustainably.

Urbanise.com Business Overview & Revenue Model

Company Description

Urbanise.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 Money

Urbanise.com primarily makes money by selling access to its software platforms as recurring subscriptions (software-as-a-service), typically charged on a periodic basis (e.g., monthly or annually) and often influenced by factors such as the number of sites/buildings, users, or modules enabled (exact pricing basis: null). In addition to subscription revenue, the company may earn implementation and onboarding fees for configuring and deploying its systems, integrating with customer environments, and migrating data (availability and materiality of these services: null). It may also generate professional services revenue from training, support arrangements beyond standard service levels, and bespoke development or consulting tied to customer requirements (details: null). Where the platform connects facilities managers with service providers/contractors or supports transactional workflows (e.g., job dispatch, procurement, payments), revenue could also include usage-based fees or transaction-related charges (confirmation and specifics: null). Significant partnerships can contribute by enabling integrations (e.g., with enterprise systems, IoT/building systems, or third-party service providers) that help drive customer adoption and retention; however, specific named partnerships and their direct contribution to revenue are null.

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

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

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

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.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	14.10M	13.13M	12.60M	12.85M	12.67M	11.49M
Gross Profit	-695.63K	1.60M	12.37M	-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 Assets	22.69M	25.58M	14.01M	16.78M	15.94M	20.77M
Cash, Cash Equivalents and Short-Term Investments	12.55M	16.02M	1.90M	4.25M	3.97M	7.82M
Total Debt	241.88K	99.47K	404.99K	751.52K	623.58K	915.57K
Total Liabilities	9.31M	12.05M	8.83M	8.73M	6.40M	6.46M
Stockholders Equity	13.38M	13.53M	5.17M	8.05M	9.55M	14.32M
Cash Flow
Free Cash Flow	1.24M	5.34M	-2.08M	-3.08M	-3.84M	-3.24M
Operating Cash Flow	1.30M	5.38M	-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 Flow	8.68M	8.65M	-241.88K	3.31M	0.00	6.54M

Urbanise.com Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.72
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: 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 0.66, above the 50-day MA of 0.69, and below the 200-day MA of 0.75, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 23.38 is Positive, neither overbought nor oversold. The STOCH value of >-0.01 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IRI	64 Neutral	AU$55.08M	-10.26	7.40%	5.97%	-18.05%	-51.45%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
VIG	48 Neutral	AU$30.75M	-173.03	-2.31%	―	2.98%	93.55%
IOD	44 Neutral	AU$79.33M	-26.08	429.85%	―	44.80%	7.69%
YOJ	43 Neutral	AU$90.64M	-12.17	-105.39%	―	-41.24%	75.68%
UBN	40 Underperform	AU$49.72M	-37.50	-16.92%	―	4.16%	-0.74%

Urbanise.com Corporate Events

Urbanise lifts recurring revenue and narrows loss on NAB-driven growth

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

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

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

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

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

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.