Revenue More Than Doubles as Event Technology and Event Services Businesses Continue to Gain Momentum
TORONTO, ON, August 31st 2026 – Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), an AI-first technology company focused on event technology and immersive digital experiences, today announced financial results for the first quarter ended June 30, 2026.
Q1 Fiscal 2027 Highlights
Revenue increased approximately 101% year-over-year to $660,159, versus $328,092.
Event technology revenue increased 47% to $400,252, versus $271,536.
Event experience and services revenue totaled $210,934, versus nil in the prior-year period.
Gross profit increased 79% to $530,294, versus $295,624.
Gross margin remained strong at 80%, compared to 90% in the prior-year period.
Net loss from continuing operations was $840,759, versus $497,763 in the prior-year period.
Management Commentary:
“The 273% increase in event experience and services revenue highlights the significant expansion and diversification of our revenue base. This growth, combined with disciplined financial management, positions us to improve operating leverage as we continue to scale,” said Anum Waqas, CFO of Nextech3D.ai.
“We remain focused on maintaining financial discipline while converting our revenue momentum into stronger and more sustainable financial performance throughout Fiscal 2027.”
"We are extremely pleased to report approximately 101% year-over-year revenue growth in the first quarter of Fiscal 2027," said Evan Gappelberg, CEO of Nextech3D.ai.
"Our growth was driven by strong execution across both our event technology platform and our newly expanded event experience and services business. Event technology revenue grew 47%, while event services contributed more than $210,000 in revenue, demonstrating our ability to offer customers a complete end-to-end event solution."
"Most importantly, our gross profit grew 79% to over $530,000, reflecting the strength of our business model and the value our solutions deliver to customers."
Building an AI-Powered Event Operating System
Nextech3D.ai continues to execute on its strategy of becoming a leading provider of AI-powered event technology solutions.
The Company believes the convergence of artificial intelligence, event management software, attendee engagement, registration technologies, mobile apps, and event services is creating a significant market opportunity. Through its Eventdex platform and expanding service offerings, Nextech3D.ai is positioning itself as a comprehensive event operating system for enterprise customers, associations, trade shows, conferences, and corporate events.
During the quarter, management continued to invest in product development, sales expansion, customer acquisition, and strategic initiatives designed to accelerate long-term growth.
Looking Ahead
"While we continue to focus on disciplined expense management, our primary objective remains scaling revenue and expanding market share within the global event technology sector," continued Gappelberg.
"We believe our AI-first approach, growing customer base, and expanding portfolio of event solutions position us well for continued growth throughout Fiscal 2027. The opportunity in front of us is substantial, and we remain committed to building a category-leading event technology platform that delivers long-term value for shareholders."
About Nextech3D.ai
Nextech3D.ai is an AI-first technology company focused on transforming how businesses create, manage and experience digital content, events and immersive environments. Through its portfolio of event technology, AI-powered solutions and spatial computing products, Nextech helps organizations modernize customer engagement and accelerate digital transformation. For more information, visit Nextech3D.ai's investor relations website.
For Further Information:
Nextech3D.ai Evan Gappelberg CEO & Director 866-ARITIZE (274-8493)
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