Market Herald logo


Be the first with the news that moves the market

Property software developers Urbanise has reported a nine-month increase of 46 per cent. The reported revenue for the nine-month period has been recorded at $6 million.

Urbanise operate and developed a cloud-based platform to help asset owners manage their property.

Urbanise CEO Saurabh Jain says the company is focused on a go-to-market strategy.

“The Company continues to build on its strong market position in the Australian, South African, and Middle East regions and is well positioned for future growth,”

“Aligning our cost base with our revenue is a key priority of the Board and management team as we make progress in delivering our shareholders a profitable company” Jain also said.

Company expenses decreased by 32 percent.

Monthly cash flow increased over $600 thousand.

Urbanise application features include strata management, building services and property related financial transactions.

Please see announcement attached

UBN by the numbers
More From The Market Herald

" Field Solutions (ASX:FSG) and Optus team up to help rural Australia

Telecommunications carrier Field Solutions (FSG) has formed a partnership with industry giant Optus.

" HealthCo (ASX:HCW) announces a slew of acquisitions

Newly minted HealthCo Healthcare & Wellness REIT (HCW) has snapped up roughly $200 million worth of healthcare assets in its first post IPO
DomaCom (ASX:DCL) - CEO, Arthur Naoumidis

" DomaCom (ASX:DCL) reaches key milestone in AustAgri acquisition

Fractional investing platform provider DomaCom (DCL) soldiers in on its thorny acquisition deal of AustAgri, announcing a key condition of the transaction has
Dexus Industria (ASX:ADI), Fund Manager, Alex Abell

" Dexus Industria (ASX:ADI) grabs 50pc interest in logistics hub

The ever acquisitive Dexus Industria REIT (ADI), formerly APN Industrial REIT, announced today that it has agreed to buy a 50 per cent