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Nextech3D.ai NEXCF


Primary Symbol: C.NTAR

Technology Software - Application
Nextech3D.ai is a diversified technology company that leverages proprietary artificial intelligence (AI) to create 3D models and experiences. Its main businesses are creating 3D models for Amazon as well as many other major e-commerce retailers. The Company develops and acquires disruptive technologies and once commercialized, spins them out as stand-alone public Companies issuing a stock dividend to shareholders while retaining a significant ownership stake in the public spin-out.


CSE:NTAR - Post by User

Nextech3D.ai
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Post by Betteryear2on Feb 08, 2024 10:46am
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Post# 35869878

$5 Million or +56% Growth in 2023 Revenue Unaudited Results

$5 Million or +56% Growth in 2023 Revenue Unaudited Results TORONTO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- via IBN -- Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers announces its preliminary unaudited financial and operating results for the full year 2023, ended December 31, 2023. These preliminary unaudited results show strong annual revenue growth of +56% to $5 million compared to $3.2 million in 2022. Annual gross profit margin for 2024 is estimated at 30% which with the company's pivot to India in Q4, 2023 and improvements in its AI is projected to increase dramatically in 2024.

Nextech3D.ai Reports $5 Million or +56% Growth in 2023 (globenewswire.com)
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