Information Technology
Urbanise.Com Limited (UBN)
Urbanise.com Limited provides a cloud-based Software-as-a-Service (SaaS) platform for property management, focusing on strata/body corporate and facilities management. The company operates globally, with key markets in Australia, the Middle East, and Asia, offering solutions to automate communication, workflows, and financial management for building managers. Its core products include the Urbanise Strata and Urbanise Facilities platforms.
Market Cap
A$55M
Shares on Issue
N/A
Price Chart
AI Analysis
Urbanise is a small-cap technology company focused on growing its Annual Recurring Revenue (ARR) base within the property technology ('prop-tech') sector. Recent performance has centred on transitioning to a more focused sales strategy, targeting larger enterprise clients while managing cash burn, a critical metric for a non-profitable growth company. The company's financial reports typically highlight ARR growth, customer churn rates, and progress towards achieving cash flow breakeven, which are more relevant indicators than traditional profit metrics at this stage.
Future growth is contingent on successfully executing its land-and-expand strategy, securing new large-scale contracts, and upselling additional modules to its existing customer base. Key catalysts include the announcement of significant client wins, particularly in lucrative overseas markets like the Middle East, and demonstrating a clear pathway to profitability. The company's strategic direction involves continued investment in its platform to maintain a competitive edge against both legacy systems and emerging prop-tech rivals.
Bull Case
- • High-margin, 'sticky' recurring revenue model with significant switching costs for customers, creating a defensible long-term income stream.
- • Large and fragmented Total Addressable Market (TAM) in strata and facilities management, with structural tailwinds from the ongoing digitisation of the property sector.
- • Potential for significant operating leverage if revenue scales, meaning profits could grow much faster than costs once the platform reaches critical mass.
Bear Case
- • Consistent history of cash burn and reliance on shareholder capital raisings to fund operations, posing a risk of future dilution for existing investors.
- • Intense competition from both larger, established players and nimble new prop-tech startups, which could compress margins and slow market share gains.
- • As a micro-cap stock, it faces risks associated with low liquidity, high share price volatility, and challenges in securing large, company-making enterprise contracts.
Recent Announcements
Appendix 4C and Quarterly Activities Report - Q2 FY2026
🚨 Price SensitiveUBN's quarterly reports reveal strategic commitments for the second fiscal quarter of financial year 2de, with a focus on expanding its retail footprint in Asia and Europe.
Change in substantial holding
Application for quotation of securities - UBN
Notification of cessation of securities - UBN
Notification regarding unquoted securities - UBN
FAQs
What does UBN do?
UBN provides cloud-based software (SaaS) for the property industry. Its main products help manage strata titled buildings (like apartment blocks) and large facilities (like commercial towers or shopping centres) by automating tasks, financials, and communications.
Is UBN a good investment?
UBN is a speculative, high-risk, high-potential-reward investment. The opportunity lies in its ability to capture a share of the large prop-tech market and grow its recurring revenue. However, risks include its current lack of profitability, intense competition, and the potential need for future capital to fund growth.
What drives UBN's share price?
The share price is primarily driven by news on major contract wins, the rate of growth in its Annual Recurring Revenue (ARR), and its quarterly cash flow position. Positive announcements about securing large clients or achieving cash flow breakeven would be significant catalysts, while capital raisings can cause short-term price pressure.
Key Metrics
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