Cannacord Genuity Research Report

Building momentum in the city

We initiate coverage of Urbanise.com Limited (UBN.ASX) with a BUY rating and a 12month price target of A$1.54 per share. UBN has developed a cloud-based platform for the facilities management (FM) industry that enables operators to manage buildings more efficiently using its cost-effective platform. We believe UBN is at the start of a long period of predicable, consistent revenue growth with EBITDA margins in excess of 30%. We see a number of attractive features…

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