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Urbanimmersive doubles first-quarter revenue, loss widens Earnings reports 

Urbanimmersive doubles first-quarter revenue, loss widens

GaryPageau
Urbanimmersive Inc. reported financial results and presents business highlights for the first quarter ended Dec. 31, 2022. The company generated revenues of $3.2 million compared to $1.0 million for same period last year, an increase of $2.2 million or 219% but the net loss widened to $1.1 million, compared to $597,000 last year. In October 2022, the company completed the... Read More
Urbanimmersive buys Homevisit News 

Urbanimmersive buys Homevisit

GaryPageau ,
Montreal-based real-estate imaging company Urbanimmersive Inc.  announce the final purchase agreement for the acquisition of all the interests of the real estate photography agency, HOMEVISIT, LLC  from CORELOGIC SOLUTIONS, LLC for a total purchase price of $CAD 9 million paid through the issuance of company’s common shares equal to 19.9% of the shares outstanding and through the issuance of a 5-year Secured... Read More
Urbanimmersive reports second-quarter revenue doubles Earnings reports News 

Urbanimmersive reports second-quarter revenue doubles

GaryPageau
Quebec-based real-estate imaging company Urbanimmersive Inc. announced select financial results and presents business highlights for its second quarter ended March 31, 2022.  For its second quarter of 2022, the company generated total revenues of $2.182 million compared to $982,000 for same period last year, an increase of $1.2 million. For the quarter, the company sold 3,806 immersive 3D tours compared... Read More
Urbanimmersive reports first-quarter revenues up 11% Earnings reports 

Urbanimmersive reports first-quarter revenues up 11%

GaryPageau
Urbanimmersive Inc. reported first-quarter business highlights for the period ending Dec. 31, 2021. The company generated total revenues of $995,000 compared to $897,000 in the prior period, a 10.9% increase. In the quarter, the company sold 1,823 immersive 3D tours ($73,000) compared to 552 tours ($22,000) in Q1-21. During the quarter, Urbanimmersive launched its premium monthly subscription program UiMeet3D with... Read More
Urbanimmersive announces revenues decreased 11 percent Earnings reports News 

Urbanimmersive announces revenues decreased 11 percent

GaryPageau
Urbanimmersive Inc. announced select financial results and presents business highlights for its fourth quarter and fiscal year ended Sept. 30, 2021. The company generated revenues of $4.069 million compared to revenues of $4.594 million for 2020, a decrease of $525,000 or 11%. This decrease of $525,000 is explained by the significant decrease in sales of 3D photography equipment (-$603,000) as... Read More
Urbanimmersive acquires Agento, IMOTO and RocketPhoto Acquisitions 

Urbanimmersive acquires Agento, IMOTO and RocketPhoto

GaryPageau , ,
Urbanimmersive Inc. announces having completed the acquisition of all the shares outstanding of the real estate photography agency Agento Marketing for a purchase price of $1.2 million, paid through the immediate issuance of 1,518,987 shares of the company at a price of $0.79 per share plus a contingent share payment (earn-outs) totaling up to $600,000 payable in 12 months and... Read More
Urbanimmersive acquires Virtual Access Tours Acquisitions 

Urbanimmersive acquires Virtual Access Tours

GaryPageau
Quebec-based Urbanimmersive Inc. completed the acquisition of all the limited partnership interests of the New Jersey-based real estate photography agency Virtual Access Tours LP (VAT) for a purchase price of $CAD 961,000 ($449,000 paid in cash and $513,000 paid through the immediate issuance of 585,829 shares of the company at a price of $0.875 per share) plus contingent share payments... Read More
Urbanimmersive acquires real estate photography agency Agence Immophoto, Tours Virtuales Acquisitions News 

Urbanimmersive acquires real estate photography agency Agence Immophoto, Tours Virtuales

GaryPageau
Urbanimmersive closed the acquisition of all the outstanding shares of the real-estate photography agency Agence Immophoto Inc. for a total purchase price of $500,000. of which $300,000 payable immediately, $100,000 payable by the immediate issuance of 103,093 shares of the company stock at a price of $0.97 per share, and $100,000 payable in shares 12 months following closing. This new... Read More
Urbanimmersive reports lower third-quarter revenues Earnings reports 

Urbanimmersive reports lower third-quarter revenues

GaryPageau
Real-estate photography technology company Urbanimmersive Inc. announced select financial results and presents business highlights for its third quarter ended June 30, 2021. The company reported revenues of $1.102 million for Q3-21 compared to $1.661 million for Q3-20, a year-over-year decrease of $559,000, or 33.7%. This decrease of $559k is explained by the decrease in non-recurring 3D photography equipment sales (-$565,000)... Read More
Urbanimmersive launches iOS, Android UI capture app for Ricoh Theta Z1 360 camera News Updates 

Urbanimmersive launches iOS, Android UI capture app for Ricoh Theta Z1 360 camera

GaryPageau ,
Urbanimmersive Inc. announced the launch of its ‘UI Capture’ App for iOS and Android for the Ricoh Theta Z1 360 camera. The company says the UI Capture App aims at simplifying and standardizing 3D tours visual content capture processes and post-production. Tested by a group of photographers, the App has clearly shown to standardize visual content quality, save onsite and... Read More