Crowd Media Holdings Limited
CM8.AX
Australian Securities Exchange0.03
AUD
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Crowd Media Holdings Limited
CM8.AX
(Australian Securities Exchange)
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0.03
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yld
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ROIC.AI
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- Business
- Crowd Media Holdings Limited Crowd Media Holdings Limited (ASX:CM8), formerly known as Crowd Mobile Limited until December 2018 and listed on the ASX since December 1999, operates as a global media and technology company headquartered in Amsterdam, Netherlands, with an address at 1019 GM; it engages in the sale of information, entertainment, content, and utility services for mobile phones and tablets, direct-to-consumer product sales, and the development of conversational commerce technology across Australasia, Europe, Latin America, the Middle East, Africa, and other international markets. The company's core offerings span multiple segments, including the Mobile Content-Subscription division, which delivers subscription-based products such as mobile security applications, games, video portals, and broad content via a proprietary mobile payments network powered by artificial intelligence-driven platforms; the Digital Humans business-to-business software-as-a-service division, which develops and licenses customizable, interactive AI-powered avatars unifying facial movement deep learning, audio machine learning, and natural language processing for real-time customer immersion, assistance, education, and multilingual conversations; and other segments encompassing legacy digital marketing services like influencer agency operations and social commerce tools. Geographically diversified through partnerships with hundreds of mobile carriers, brands, agencies, and media companies, Crowd Media supports operations in over 60 countries and 30 languages, targeting millennial and Generation Z demographics alongside enterprise clients in marketing, e-commerce, health, and education sectors. In recent developments within the last 1-2 years, the company underwent a significant restructuring, including a name change approval process noted in late 2022 leading to rebranding elements toward Unith Ltd (ASX:UNT) while retaining CM8 operations; executed strategic placements such as issuances to directors in September 2022 and funding initiatives like the 2021 seed investment in Aflorithmic Labs for synthetic audio integration with its Talking Head chatbot technology; advanced its AI conversational platform through licensing deals, including a maiden commercial agreement with Forever Holdings; integrated ChatGPT for open conversations, upgraded digital human avatars like Aiko and Laia, and progressed toward a self-service platform soft launch; and reported ongoing quarterly activities with revenue stabilization around AUD 5.37 million trailing twelve months alongside net losses, bolstered by engineering team enhancements and global expansion efforts.