You don’t need deep pockets to invest in the future of technology. Some of the most exciting artificial intelligence (AI) companies listed on the Australian Securities Exchange (ASX) are currently trading for under $1—and they’re starting to grab serious attention. These under-the-radar AI penny stocks under $1 dollar are finding smart and disruptive ways to harness AI, machine learning, and automation. And while they’re still in their early stages, their potential for exponential growth could make them a hidden gem in your portfolio.

In this blog, we highlight two promising ASX AI stocks—OPYL Limited and Unith Ltd—that are innovating in AI and showing steady signs of progress. If you’re hunting for tech penny stocks that could lead the next wave of digital transformation, read on.

OPYL Limited (ASX: OPL): Bridging AI and Clinical Trials

Stock Price: $0.025 (as of June 2025)
Market Cap: $4.46 million
Sector: Healthcare AI / Digital Health
Focus: Clinical trial optimization with AI

OPYL Limited is a micro-cap company making noise in the intersection of machine learning stocks and healthcare innovation. Specializing in AI-driven tools to improve clinical trial success rates, OPYL has created two major platforms—Opin.ai and TrialKey. These products leverage data-driven algorithms to predict patient recruitment success and refine clinical trial design. The mission? Solve the enormous problem of recruitment failure—something that affects more than 80% of clinical trials globally.

In July 2024, OPYL signed a Memorandum of Understanding (MOU) with the Xco consortium to form a joint venture targeting EMEA and North America—a big step in international expansion. As of H1 FY25, the company reported revenue of $42,150. While the net income remains negative at –$683,190, that’s a 46.5% improvement in losses compared to previous periods.

OPYL’s price-to-sales (P/S) ratio of 16.55 reflects a high valuation relative to current revenues. However, this can be interpreted as investor confidence in the long-term scalability of their AI-powered business model. For a company still in its early stages, that’s a signal that the market sees long-term potential.

Why OPYL stands out among AI Shares:

1. Growing global need for faster, cost-effective clinical trials.
2. Unique AI algorithms targeting a real pain point in pharma/biotech.
3. First-mover advantage in AI-powered patient recruitment tools.
4. Expansion into international markets.

As the global AI healthcare market is projected to reach $187 billion by 2030, OPYL is aiming to ride this trend. Investors with a long-term vision and appetite for tech penny stocks should keep this stock on their radar.

Unith Ltd (ASX: UNT): Bringing Digital Humans to Life

Stock Price: $0.08 (as of June 2025)
Market Cap: $9.83 million
Sector: AI/Enterprise SaaS
Focus: AI-powered digital avatars and conversational platforms

Unith Ltd is another under $1 stock with big AI ambitions. The company develops AI-powered digital human avatars—interactive 3D characters capable of human-like conversation through natural language processing (NLP) and deep learning. These avatars are finding use in telecom, HR, finance, education, and government, offering scalable solutions for customer service, onboarding, and engagement.

Unith recently launched a soft-release of its InterFace platform—a self-service SaaS tool that allows businesses to customize and deploy their own avatars. This step could be a game-changer, enabling recurring SaaS revenues and accelerating enterprise adoption.

According to its H1 FY25 update, Unith reported $2.31 million in revenue, with an EBITDA loss of $1.35 million. However, that loss has improved +16.9% year-over-year, signaling better cost control and operational efficiency.

Strategic partnerships are also adding credibility. Collaborations include a European Big 5 tech firm, and a growing enterprise presence in Japan, Europe, and Africa. The avatars are being trialed for diverse applications—from HR recruiting assistants to public information kiosks, increasing Unith’s B2B footprint.

What makes Unith a notable ASX AI stock?

1. Self-service avatar platform targets scalable SaaS income.
2. Use of AI for immersive, lifelike communication.
3. Early-mover in the digital human space.
4. Real-world enterprise applications in multiple geographies.

In a world moving toward AI personalization and automation, Unith’s offering positions it uniquely among AI penny stocks under $1 dollar. For investors interested in futuristic AI applications and conversational UX, Unith is a compelling speculative play.

Why These AI Shares Could Be Hidden Winners

The reality is, many institutional investors overlook tech penny stocks, but therein lies the opportunity for retail investors. These under $1 stocks may not yet have billion-dollar valuations, but they are in the right industries—AI, machine learning, automation, and digital health—sectors forecast to grow at CAGR rates of over 20% this decade.

Whether it’s OPYL helping revolutionize the way clinical trials are conducted, or Unith reimagining human-computer interaction, these companies are operating on the frontlines of innovation. As AI matures, even small improvements in performance, partnerships, or user growth could trigger major valuation shifts.

What Investors Should Keep in Mind

Investing in AI penny stocks under $1 dollar is not without risk. These stocks often lack profitability, are highly volatile, and rely heavily on investor sentiment and execution of future plans. However, they also represent high-upside opportunities for those willing to do their homework and stay patient.

Some tips before jumping in:

1. Monitor quarterly earnings for revenue growth and narrowing losses.
2. Watch for partnerships, product launches, and regulatory approvals.
3. Use technical indicators and volume patterns to time entry/exit points.
4. Diversify and don’t overexpose to any one micro-cap AI play.

Final Thoughts

AI is no longer the future—it’s the present. But while the big names dominate headlines, the next breakout stars may be quietly building in the micro-cap space. These ASX AI stocks under $1 are harnessing innovation to solve real-world problems, from clinical trial recruitment to digital customer interaction.

For forward-thinking investors looking to get in early, OPYL and Unith offer intriguing exposure to the AI boom at a price point that’s accessible. Keep an eye on these machine learning stocks, because the next big tech disruptor might just be hiding in plain sight—under a dollar.

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