- 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.