01:49:45 EDT Tue 01 Jul 2025
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or Name
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Nextech3D.AI Corp
Symbol NTAR
Shares Issued 143,552,618
Close 2025-04-09 C$ 0.04
Market Cap C$ 5,742,105
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Nextech3D.AI talks seven-month revenue

2025-04-09 16:47 ET - News Release

Mr. Evan Gappelberg reports

NEXTECH3D.AI ANNOUNCES +257% INCREASE IN REVENUE GROWTH FOR ARWAY FOLLOWING MAP D ACQUISITION

Nextech3D.AI Corp. had unaudited revenue for the seven-month period from Aug. 31, 2024, to March 31, 2025, reached $450,000, with a gross margin of 95 per cent from the previous audited fiscal year's revenue of $126,000 and a gross margin of 90 per cent, which ended Aug. 31, 2024. This marks a robust 257-per-cent increase in unaudited revenue for the company's ARway subsidiary.

This robust growth underscores the successful integration of Map D's technology and services into ARway's operations, further solidifying ARway's position in the 3-D mapping spatial computing and AR (augmented reality) navigation market. This substantial increase in revenue can be attributed to the synergistic benefits of the Map D acquisition, which expanded its product offerings, enhanced its technological capabilities and broadened its market reach.

Key financial highlights:

  • Unaudited revenue (Sept. 1, 2024 -- March 31, 2025) -- $450,000 with a 95-per-cent gross margin, or $427,000;
  • Revenue growth -- $324,000 increase, representing a 257-per-cent gain over seven months;
  • Gross margin increased by 5 per cent year over year to 95 per cent.

Nextech3D.AI and Arway remain committed to driving innovation and value creation through strategic acquisitions, operational enhancements and a relentless focus on delivering solutions that meet the evolving needs of their customers. With the success of the Map D acquisition and the continued strong performance of ARway, Nextech3D.AI is well positioned for continued growth in the rapidly expanding AI (artificial intelligence), 3-D modelling and augmented reality sectors.

About Nextech3D.AI Corp.

Nextech3D.AI is a versatile augmented reality and AI technology company that utilizes its proprietary AI to craft immersive 3-D experiences at scale for manufacturers with CAD files and for e-commerce merchants. The company's primary focus lies in creating high-quality 3-D WebAR photorealistic models for Amazon and various other on-line retailers with patented 2-D-to-3-D technology.

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