Urbanise.com Ltd (ASX:UBN)
A$ 0.65 (0%) Market Cap: 51.31 Mil Enterprise Value: 38.92 Mil PE Ratio: 0 PB Ratio: 3.82 GF Score: 33/100

Half Year 2025 Urbanise com Ltd Earnings Call Transcript

Feb 27, 2025 / 12:30 AM GMT
Release Date Price: A$0.56 (+9.80%)

Key Points

Positve
  • Urbanise.com Ltd (ASX:UBN) reported a high customer retention rate of over 99% for its Strata and FM platforms.
  • The company achieved a 6.3% increase in Annual Recurring Revenue (ARR) compared to the previous period, reaching 11.99 million.
  • Urbanise.com Ltd (ASX:UBN) successfully identified 2.4 million in cash flow improvements, with 95% of this target achieved by December 31, 2023.
  • The company has a strong global presence, operating in 17 countries, with core markets in APAC and the Middle East.
  • Urbanise.com Ltd (ASX:UBN) reported an 8% reduction in operating expenses due to headcount savings and reduction in non-wage overheads.
Negative
  • Total revenue was marginally lower compared to the previous period, primarily due to a 3.44% decrease in professional fees.
  • There was a temporary reduction in license fees from an APAC customer, impacting revenue growth.
  • The company is still working towards achieving cash flow break-even, expected in FY 2025.
  • Urbanise.com Ltd (ASX:UBN) experienced some small customer losses and license fee reductions from FM customers.
  • The contract discussions with a large APAC customer have been complex and time-consuming, affecting license fee recognition.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

UBN.AX - Urbanise com Ltd
Half Year 2025 Urbanise com Ltd Earnings Call
Feb 28, 2025 / 12:30AM GMT

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Presentation
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Unidentified_1 [1]
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Good morning, everyone, and welcome to the Urbanize.com Limited, first half FY24 Result briefing. My name is Francoise Dickson and I'm head of investor relations for Urbanize.

Today, our CEO Simon Lee will provide an overview of our first half result before opening it up for questions. If you have a question, please submit it via the Q&A text box at the bottom of the screen.

I will now hand over to Simon Lee to take us through the result.

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Unidentified_2 [2]
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Good morning everyone and thank you for joining us for the presentation of
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