Loading companies…

Urbanise com Ltd ASX:UBN

SaaS Fintech Payments Technology Recurring Revenue

0 opened or increased1 held0 reduced or exitedlatest position by manager, past 12 months90 days: 0 increased, 0 reduced. 2 managers in total.

Position history by manager 2 managersSelect a point to see the comment

Opened or increasedHeldReduced or exited Start or end of the position not reported

202420252026

31 Dec 2023 to today

Commentary Showing 2 of 8

DateManagerActionSummary

4 Aug 2026Naos Asset ManagementHeldNAOS Asset Management continues to hold Urbanise.com because it views the company as the source of record B2B software for the strata management industry with genuine competitive advantages and material revenue upside from its banking partnership. NAOS highlights the initial launch of an upgraded solution connecting Urbanise's Strata platform with National Australia Bank's payment and banking infrastructure, with the target market opportunity now sized at $70-100 million in annual revenue, and notes progressive rollout of payment capabilities and first revenues generated with existing customers from July onward, alongside an ongoing non-executive director search.

Payments TechnologyQuarterly Report, price recorded $0.65

The source document link is a Pro feature

30 Jun 2026Naos Asset ManagementHeldNaos Asset Management continues to hold Urbanise.com after the most significant development in the quarter was confirmation of a staged commercial launch window for its NAB banking and payments integration, commencing pilot in July 2026. The manager views the strategic significance as difficult to overstate, enabling Urbanise to participate in the economics of Australia's strata-related deposit and payments base of roughly 2.15 million strata-titled properties and A$10-15 billion in deposits, with a fixed A$1.3 million per annum fee from NAB plus variable fees tied to deposit volumes and a longer-term opportunity indicated at approximately A$50 million per annum. NAB also holds an option to acquire an additional 4.99% of Urbanise, while the company strengthened its Board and launched its first AI Assistant, expected commercially available in July 2026.

Quarterly Report, price recorded $0.65

The source document link is a Pro feature

6 more comments on UBNPro shows every comment, with a link to each source document.

Upgrade to Pro

First mention by manager

Price recorded at each manager's first comment

Price at first mentionThe share price recorded when each of 2 managers first commented on UBN.

View Pro

About Urbanise com Ltd

Information Technology, Software

Urbanise (ASX:UBN) is a strata and facilities management software company that NAOS Asset Management regards as facing a pivotal period. In August 2026, NAOS described Urbanise as the source-of-record software for the strata management industry with genuine competitive advantages, highlighting the launch of an upgraded solution linking its strata platform with National Australia Bank's payments and banking services. NAOS said the staged commercial launch of the NAB integration, with a pilot beginning in July 2026, could be transformational. Urbanise operates in the Information Technology sector within the Software industry, and Thesis Tracker has captured 8 comments from 3 fund managers, including NAOS Asset Management. Established in 2001 and headquartered in North Sydney, Urbanise develops cloud-based software platforms for strata managers and facilities management providers across Australia, New Zealand, the Middle East and Asia.

Market cap: $51m
Price to earnings: Loss-making
Return on equity: -6.4%
Dividend yield: 0.0%
Price to book: 3.93x
Net margin: -5.8%
52-week range: $0.61 to $0.79

Company figures as of 15 Oct 2026. For information only.

Questions

Who is investing in Urbanise com Ltd (ASX:UBN)?

Fund managers including Naos Asset Management, Jencay Capital and NAOS Asset Management have invested in Urbanise com Ltd (ASX:UBN).

What opportunities or catalysts do fund managers highlight for Urbanise com Ltd?

NAOS highlights material revenue upside from the NAB banking and payments integration, which could allow Urbanise to share in banking revenue generated through strata trust accounts, alongside its entrenched position as core software for strata managers.

What are the key risks to the Urbanise com Ltd investment thesis, according to fund managers?

NAOS acknowledges Urbanise has been on a decade-long journey and has raised tens of millions of dollars from shareholders, so successful commercialisation of the NAB partnership is critical and timelines carry execution risk.

What does Urbanise com Ltd (ASX:UBN) do?

Urbanise.com Ltd is an Australian software company headquartered in North Sydney, established in 2001. It develops and commercializes cloud-based Software as a Service (SaaS) platforms for the property sector. Its Strata platform facilitates communication and accounting for apartment buildings, commercial towers, and housing communities. The Facilities Management platform provides automated solutions for infrastructure, building, and property maintenance. The company generates revenue through software licensing and professional services, focusing on providing technology solutions to streamline operations within the strata and facilities sectors.

General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.

11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.

Disclaimer Terms of Use Privacy Complaints Contact

Loading…