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4 min read

Nextech AR To Release Q3 2022 Financial Results November 17th

By Nextech3D.ai on Nov 1, 2022 6:45:00 AM

TORONTO, O.N, Canada – November 1, 2022 -  Nextech AR Solutions Corp(“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services plans to release its third quarter 2022 financial results after markets close on Thursday November 17, 2022.

Topics: Earnings Call
6 min read

Nextech AR Solutions Corp. Reports Q2 Results  Showing Continued Record Growth in 3D Modelling for Ecommerce and Web3.0 Business

By Nextech3D.ai on Aug 18, 2022 3:30:00 PM

  •  Q2 delivered 30% Sequential growth in Annual Recurring Revenue to almost $1 million

  • Q2 showed a record 40% growth in Web3.0 3D modeling revenue

  • Record Q2 Annual Recurring Revenue And Repeat Revenue  at $1,566,000

  • Q2 cash burn decreased to $1 million per month, the Company expects an expense reduction of $500K/month in the 2nd half of 2022


TORONTO, ON Canada – August 18, 2022 – Nextech AR Solutions Corp. (“Nextech”or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29) reports its financial and operating results for the second quarter 2022 ending June 30, 2022.

Subsequently, Nextech will host a conference call to discuss the results today, August 18, 2022 at 5:00 P.M. Eastern Time. Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results.

Topics: Investor Relations Earnings Call
4 min read

Nextech AR Schedules Conference Call to Discuss Second Quarter 2022 Financial Results and Business Update

By Nextech3D.ai on Jul 26, 2022 12:21:48 PM

TORONTO, O.N., Canada – July 26, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, web3.0 and 3D model services plans to release its second quarter 2022 financial results after markets close on Thursday August 18, 2022.

Topics: Investor Relations Earnings Call
7 min read

Nextech AR Solutions Corp. Reports Q1 Results Showing Record Growth in Key 3D Model and AR Business

By Nextech3D.ai on May 16, 2022 3:30:14 PM

  • 62%  increase in sequential quarterly ARR (Annual Recurring Rev) growth from Q4 2021-Q1 2022
  • In 2022  first 6 weeks of Q2  3D-AR model business has already surpassed our entire Q1 in ARR contract revenue  

  • Average dollar amount of 3D AR model deals increased 100% from Q4 to $10,000 on avg.

TORONTO, ON Canada – May 16, 2022 – Nextech AR Solutions Corp. (“Nextech”or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29) reports its financial and operating results for the first quarter 2022 ending March 31st, 2022.

Subsequently, Nextech will host a conference call to discuss the results today, May 16, 2022 at 5:00 P.M. Eastern Time. Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results.

Topics: Investor Relations Earnings Call
3 min read

Nextech AR Solutions Corp. Announces First Quarter 2022 Earnings & Conference Call

By Nextech3D.ai on May 12, 2022 6:35:00 AM

VANCOUVER, B.C., Canada – May 12, 2022 -  Nextech AR Solutions Corp.  (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services plans to release its first quarter 2022 financial results after markets close on Monday, May 16, 2022. 

Topics: Investor Relations Earnings Call
8 min read

Nextech AR Solutions Corp. Reports Record Audited Year End 2021 Financial Results

By Nextech3D.ai on Mar 22, 2022 4:00:00 PM

  • 2021 Record Revenue of $25.9 million +47% 
  • 2021 Renewable Software Licenses $1.4 million +316%
  • 2021 Gross Profit of $9.8 million


Toronto, ON Canada – March 22, 2022 –
Nextech AR Solutions Corp. (“Nextech”or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) reports its financial and operating results for the full year and fourth quarter 2021 ending December 31st, 2021.

Subsequently, Nextech will host a conference call to discuss the results today, March 22nd, 2022 at 6:00 P.M. Eastern Time.  Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results followed by a question-and-answer period.

Topics: Investor Relations Earnings Call
55 min read

Nextech AR Solutions Corp. Reports Third Quarter 2021 Earnings & Conference Call Updated

By Nextech3D.ai on Nov 11, 2021 6:30:00 AM

VANCOUVER, B.C., Canada – November 11, 2021 – Nextech AR Solutions Corp. (“Nextech”or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) reports its financial and operating results for the third quarter 2021 ending September 30th, 2021. Subsequently, Nextech will host a conference call to discuss the third quarter results on November 11th, 2021 at 9:00 A.M. Eastern Time.  Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results followed by a question-and-answer period.

Three Month Q3 Financial Highlights:

Topics: Earnings Call
8 min read

Nextech AR Solutions Corp. Reports Second Quarter 2021 Earnings & Conference Call Updated

By Nextech3D.ai on Aug 11, 2021 4:31:06 PM

  VANCOUVER, B.C., Canada - August 11th, 2021 -   NexTech AR Solutions  Corp. (“NexTech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) reports its financial and operating results for the second quarter 2021 ending June 30 th , 2021. Subsequently, NexTech will host a conference call to discuss the second quarter results on August 12 th , 2021 at 1:00 p.m. Eastern Time. Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results followed by a question-and-answer period.

Q2 Financial highlights:

  • Revenue for the three months ended June 30th, 2021 is $6.1 million an increase of over 73% compared to the three months ended June 30th, 2020 of $3.5 million.

  • Gross profit for the three months ended June 30th, 2021 is $2.3 million an increase of over 6% compared to the three months ended June 30th, 2020 of $2.2 million.

  • NexTech cash on hand as of June 30th, 2021 is $15.4 million.

  • For the six months ended June 30th, 2021 revenue increased 130% to $13.8 million, compared to the same six months period last year, while gross profit increased 59% to $5.6 million over the same period.

  • On June 25, 2021, the Company acquired 100% of the shares of Threedy.ai Inc, an AI-based end-to-end platform used to produce 3D augmented reality models, accelerating our delivery time to customers.



Topics: Investor Relations Earnings Call
3 min read

NexTech AR Solutions Corp. Announces First Quarter 2021 Earnings and Conference Call

By Nextech3D.ai on May 7, 2021 9:33:35 AM

Vancouver, B.C., Canada – May 7th, 2021 – Nextech AR Solutions (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), plans to release its first quarter 2021 financial results after markets close on Wednesday, May 12th, 2021. Subsequently, Nextech will host a conference call to discuss the first quarter results on May 12th, 2021 at 5:30 p.m. Eastern Time. Please join Evan Gappelberg, Chief Executive Officer, and Kashif Malik, Chief Financial Officer to discuss these financial and operating results followed by a question-and-answer period.

Topics: Press Earnings Call