Bullboard - Stock Discussion Forum NexTech3D.AI Corp. C.NTAR

Alternate Symbol(s): NEXCF

NexTech3D.AI Corp. is a diversified augmented reality (AR), artificial intelligence (AI) technology company. The Company leverages AI to create three-dimensional (3D) experiences at scale for e-commerce. The Company's primary focus lies in creating 3D WebAR photorealistic models for Amazon and various other online retailers with patented 2D-3D technology. Its suite of products includes patented... see more

CSE:NTAR - Post Discussion

NexTech3D.AI Corp. > $5 Million or +56% Growth in 2023 Revenue Unaudited Results

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Post by Betteryear2 on Feb 08, 2024 10:46am

$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)