Company Description
ImagineAR Inc. (IPNFF) is an augmented reality (AR) and AI-focused technology company that has developed an AR-as-a-Service and AI/AR-as-a-Service platform. According to the company’s disclosures, its technology is designed to enable organizations of any size to create and implement their own immersive AR campaigns and experiences without requiring programming or advanced technical expertise.
ImagineAR trades on the Canadian Securities Exchange under the symbol IP and on the OTCQB under the symbol IPNFF. The company describes itself as a mobile augmented reality innovator with a patented, Microsoft Certified Azure AR self-publishing cloud platform. This platform is intended to provide scalable AR solutions for businesses and supports both iOS and Android mobile devices, as well as upcoming wearable technologies.
Core Platform and AR-as-a-Service Model
ImagineAR states that it has developed an AR-as-a-Service platform that allows sports teams, enterprises, brands, and small retailers to build interactive AR campaigns that blend the real and digital worlds. End users can point their mobile devices at logos, signs, buildings, products, landmarks, and other physical triggers to instantly access videos, information, advertisements, coupons, 3D holograms, and other interactive content.
All content is hosted in the cloud and managed through a menu-driven portal. The company emphasizes that integrated real-time analytics track and measure customer interaction, providing data on how audiences engage with AR campaigns. The platform is also available as a native mode SDK plug-in for existing mobile applications, allowing organizations to embed ImagineAR’s AR capabilities into their own apps.
AI/AR-as-a-Service and Generative AI Integration
In addition to its AR-as-a-Service offering, ImagineAR has announced an AI/AR-as-a-Service business model. The company reports that this platform integrates Generative AI technology developed by S3iai with augmented reality. The goal is to enable businesses across multiple vertical industries to create more personalized and immersive customer experiences.
According to company press releases, the AI/AR platform is designed to support AI-powered voice interactions, real-time personalization, and predictive analytics delivered through avatars and AR holograms on mobile devices. ImagineAR highlights that this approach is intended to help businesses deepen customer connections and use data-driven insights derived from AR interactions.
Target Verticals and Use Cases
ImagineAR’s disclosures indicate that its technology is aimed at a variety of sectors. The company specifically mentions professional sports franchises, small retailers, enterprises, casinos, retail, aerospace, and location-based entertainment (LBE) as examples of organizations that can use its platform. These customers can develop AR campaigns that combine physical environments with digital overlays, such as holograms, promotional content, or interactive experiences.
The company also notes that its AI/AR-as-a-Service model includes industry-specific enterprise solutions for sectors like retail, LBE, and casinos. These solutions are intended to provide custom AI/AR applications, including AI-curated AR advertisements that adjust dynamically to user preferences and behaviors, subscription-based platform licensing tailored to usage and features, and analytics delivered through subscription plans.
FameDays Subsidiary and Immersive Entertainment Centers
ImagineAR reports that it operates a wholly owned subsidiary, FameDays, which focuses on immersive entertainment centers. FameDays is described as a developer of large-scale venues that integrate AR, AI, and interactive technology to create fully immersive, high-impact experiences.
According to company press releases, these immersive entertainment centers are designed to redefine storytelling by combining pre-rendered visuals, augmented reality overlays, and real-time interactivity. The venues aim to offer audiences next-generation entertainment experiences with extensive creative possibilities. FameDays has been associated with plans for immersive centers in high-traffic tourism locations, although the company has also disclosed that certain agreements related to a planned Niagara immersive center project were later terminated when the customer determined the project was not viable under prevailing economic and market conditions.
Technology Infrastructure and Analytics
ImagineAR describes its core technology as a self-publishing AR cloud platform hosted on Microsoft Azure. The platform is characterized as Microsoft Certified and designed to be scalable for businesses. The company emphasizes that organizations can manage AR campaigns through a menu-driven portal, with all interactive content hosted in the cloud.
Integrated real-time analytics are a recurring theme in the company’s description of its platform. These analytics track user interactions with AR content, enabling organizations to measure engagement and performance of their campaigns. The company also notes that its AR Enterprise platform supports both iOS and Android devices and is compatible with emerging wearable technologies, broadening the range of potential user devices.
Business Model Elements
In its public communications, ImagineAR outlines several components of its business model. These include subscription-based licensing for its AI/AR platform, flexible platform licensing tailored to usage and features, and data-driven insights offered through subscription plans. The company also highlights recurring revenue potential from its SaaS platform, which it describes as providing a predictable income stream and supporting long-term customer relationships.
For immersive entertainment centers developed through FameDays, ImagineAR has disclosed structures that may include design and project installation agreements, master services agreements for ongoing on-site and software support, annual fees, and recurring monthly royalties based on gross sales of attractions. The company has also referenced consulting agreements and stock option grants as part of its approach to business development and partnerships.
Corporate and Regulatory Context
ImagineAR has issued multiple press releases addressing corporate governance, financing, and regulatory matters. These include announcements of annual general meeting results, stock option grants to directors and consultants, and convertible note financings to support initiatives such as location-based entertainment, AI integration with AR, and patent enforcement and licensing.
The company has also disclosed a continuous disclosure review by the British Columbia Securities Commission, leading to amendments and re-filings of interim financial statements and management discussion and analysis. In these disclosures, ImagineAR has discussed revenue recognition issues, credit risk concentration with a major customer, write-offs of accounts receivable, and the treatment of share-based consideration related to a potential property project that did not proceed. The company has stated that it revised errors in interim financial statements and MD&A and removed certain non-GAAP measures when multi-year contracts were terminated.
Position in the Immersive Technology Market
In its own statements, ImagineAR positions itself as a leader in mobile augmented reality innovation and immersive technology. The company references external market forecasts that project substantial growth in the immersive technology market and highlights its patented AR platform, Generative AI integration, and AI/AR-as-a-Service model as key elements of its strategy.
While specific market share or financial performance metrics are not detailed in the provided information, the company’s communications focus on building a deal pipeline, forming strategic partnerships, and expanding into verticals such as retail, casinos, and location-based entertainment. Investors and observers can use these disclosures to understand how ImagineAR views its role within the broader AR and AI-enabled immersive technology landscape.
Key Takeaways for IPNFF Investors
For those researching IPNFF stock, the available information indicates that ImagineAR is focused on:
- Operating an AR-as-a-Service and AI/AR-as-a-Service platform for organizations of various sizes.
- Providing a self-publishing AR cloud platform with integrated real-time analytics and SDK integration.
- Targeting sectors such as sports, retail, casinos, aerospace, and location-based entertainment.
- Developing immersive entertainment centers through its wholly owned subsidiary FameDays.
- Pursuing subscription-based and recurring revenue models, including platform licensing and royalties.
- Addressing regulatory and financial reporting matters through amended filings and clarified disclosures.
All of these points are drawn from the company’s own press releases and public statements and provide a structural view of ImagineAR’s business model and technology focus without relying on time-sensitive performance data.
Stock Performance
Latest News
SEC Filings
No SEC filings available for Imaginear.
Financial Highlights
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Short Interest History
Short interest in Imaginear (IPNFF) currently stands at 23 shares, up 1000.0% from the previous reporting period, representing 0.0% of the float. Over the past 12 months, short interest has decreased by 99.9%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Imaginear (IPNFF) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.