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Urbanimmersive launches its print media editor solution, UiPrint New Products 

Urbanimmersive launches its print media editor solution, UiPrint

GaryPageau
Quebec-based real-estate imaging company Urbanimmersive Inc. launched its print media editor solution UiPrint, after months of development, which will allow Urbanimmersive to offer an extensive, user-friendly, rapid, and fully customizable online print design solution for real estate agents, the company said. This solution is a result of the integration of the print operations of HomeVisit for their state-of-the-art printing facilities in... Read More
Urbanimmersive received a cease trade order on stock trading due to missed filing deadline News 

Urbanimmersive received a cease trade order on stock trading due to missed filing deadline

GaryPageau
Troubled real-estate imaging company Urbanimmersive Inc. received a general Cease Trade Order (‘CTO’) issued by the Canadian Securities Administrators (Autorité des Marchés Financiers (‘AMF’) being the principal regulator) per National Policy 12-203 – Management Cease Trade Orders (NP 12-203) and the Canadian Investment Regulatory Organization (‘CIRO’) has halted the company’ stock. The CTO was issued due to the missed filing... Read More
Urbanimmersive adds video to 3D digital twins for real estate News 

Urbanimmersive adds video to 3D digital twins for real estate

GaryPageau
Urbanimmersive Inc., a provider of 3D digital twin solutions for the real-estate marketing industry, launched 3D Digital Twins 360-Video Fusion (3D VF), a new technology bridging the gap between the immersive experience of 3D digital twins and 360-degree videos. Urbanimmersive says its 3D Digital Twins 360-video Fusion automatically integrates 3D navigation into 360-degree videos, enabling viewers to explore 360-degree videos just... Read More
Urbanimmersive secures $700,000 private-placement financing Earnings reports 

Urbanimmersive secures $700,000 private-placement financing

GaryPageau
Financially troubled real-estate photography firm Urbanimmersive Inc. announced securing secured a non-brokered private placement of 10,510,500 units at a price of $0.07 per unit for gross proceeds of $735,735. Each unit consists of one common share of the company and one share purchase warrant entitling the holder to purchase an additional common share of the Company at a price of... Read More
Urbanimmersive launches AI-enhanced printed photo book solution for real-estate marketing New Products 

Urbanimmersive launches AI-enhanced printed photo book solution for real-estate marketing

GaryPageau
Urbanimmersive Inc., a provider of solutions for real estate marketing, announced the launch of an AI-enhanced printed photo book solution. This new product introduction is an embodiment of the vertical integration of the operations of Urbanimmersive with its technologies, visual content, services, data integration, and sophisticated designs with its state-of-the-art HomeVisit printing facilities in Chantilly, Va., acquired last year, the... Read More
Cash-starved Urbanimmersive to reduce workforce, seek financing News 

Cash-starved Urbanimmersive to reduce workforce, seek financing

GaryPageau
Quebec-based real-estate imaging company Urbanimmersive Inc. announces a workforce reduction and a review of its available alternatives. In the last fiscal year, the company experienced a decline in revenues across all its divisions and regions due to the decreased number of new properties for sale entering the real estate market. So far in this fiscal year, contrary to historical seasonal... Read More
Urbanimmersive integrates ChatGPT with UiMeet3D Avatar Greeting Bot News 

Urbanimmersive integrates ChatGPT with UiMeet3D Avatar Greeting Bot

GaryPageau ,
Urbanimmersive Inc. announced having integrated ChatGPT, an artificial intelligence (AI) technology, with their UiMeet3D Avatar Greeting Bot available in all its 3D tours subscription. UiMeet3D is Urbanimmersive’s proprietary technology enabling viewers to engage in immersive, real-time interactions with other 3D avatars (visitors) within 3D virtual tours. Each 3D avatar, is represented by the viewer’s webcam video streaming. UiMeet3D Avatar Greeting... Read More
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