Unith Ltd Reports 19% Revenue Growth but Posts $4.95M Net Loss in FY25
Unith Ltd reported a 19% revenue increase to $5.37 million for FY25, driven by its new Digital Human platform launch and B2C expansion, yet net losses widened significantly to $4.95 million. The company’s strategic partnerships and capital raise underpin its growth ambitions amid ongoing cash burn.
- 19% revenue growth to $5.37 million in FY25
- Net loss after tax widens to $4.95 million from $1.91 million
- Launch of interFace self-service Digital Human platform
- Expansion of B2C subscription business into new international markets
- Completed $1.85 million capital raise post-year-end
Revenue Growth Amid Strategic Innovation
Unith Ltd has reported a notable 19% increase in revenue for the financial year ended 30 June 2025, reaching $5.37 million. This growth was largely driven by the launch of its interFace platform, a self-service Digital Human technology designed to democratise AI-powered digital avatars for businesses and consumers alike. The company’s B2C subscription division also contributed with a 14% revenue uplift, supported by geographic expansion into markets such as Romania, Serbia, Bangladesh, and Gabon.
Widening Losses Reflect Investment Phase
Despite top-line gains, Unith’s net loss after tax widened significantly to $4.95 million, compared to a $1.91 million loss in the prior year. The company recorded a negative EBITDA of $3.33 million, reflecting ongoing investment in platform development, marketing, and scaling of its commercial teams. Non-cash charges, including a $1.95 million write-down on an investment and share-based payments, also weighed on profitability. Cash reserves declined to $452,000 by year-end, underscoring the company’s reliance on external funding to sustain operations.
Digital Human Platform, Early Traction and Enterprise Wins
The interFace platform represents a significant milestone for Unith, integrating advanced AI conversational engines with a visual synthesis engine and a broad voice library. Early adoption has been promising, with over 1,000 businesses pre-registering interest and initial enterprise contracts secured, including a major global pharmaceutical client and APH Alliance. The platform’s ability to serve diverse sectors such as education, healthcare, and logistics highlights its broad market potential.
Strategic Partnerships and Market Expansion
Unith has actively cultivated partnerships to extend its reach, including collaborations with Tretail Labs targeting airport retail environments in Saudi Arabia and telecom operators like Grameenphone and Banglalink in Bangladesh. These alliances are critical to driving subscriber growth and embedding Digital Human technology across new verticals. The company also launched a dedicated Ads Agency within its B2C division to diversify revenue streams and enhance customer engagement.
Capital Raising and Going Concern
Post-year-end, Unith successfully raised $1.85 million through a share placement, bolstering its liquidity position and supporting ongoing development and market expansion. The directors have affirmed the company’s going concern status, citing this capital raise alongside cost optimisation plans and a positive track record in funding. However, the audit report includes an emphasis of matter regarding material uncertainty, reflecting the challenges of sustaining operations amid continued losses.
Bottom Line?
Unith’s FY25 results underscore the tension between rapid innovation and financial sustainability as it seeks to transform digital human interaction while managing cash burn and funding risks.
Questions in the middle?
- How quickly can Unith convert early Digital Human platform interest into sustained, profitable revenue?
- What impact will new strategic partnerships have on accelerating enterprise adoption in FY26?
- Can Unith maintain liquidity and manage costs effectively to avoid further dilution or funding challenges?
