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8 min read

Nextech AR Solutions Corp. Reports Second Quarter 2021 Earnings & Conference Call Updated

By Nextech on Aug 11, 2021 5:31:06 PM

  VANCOUVER, B.C., Canada - August 11th, 2021 -   NexTech AR Solutions  Corp. (“NexTech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) reports its financial and operating results for the second quarter 2021 ending June 30 th , 2021. Subsequently, NexTech will host a conference call to discuss the second quarter results on August 12 th , 2021 at 1:00 p.m. Eastern Time. Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results followed by a question-and-answer period.

Q2 Financial highlights:

  • Revenue for the three months ended June 30th, 2021 is $6.1 million an increase of over 73% compared to the three months ended June 30th, 2020 of $3.5 million.

  • Gross profit for the three months ended June 30th, 2021 is $2.3 million an increase of over 6% compared to the three months ended June 30th, 2020 of $2.2 million.

  • NexTech cash on hand as of June 30th, 2021 is $15.4 million.

  • For the six months ended June 30th, 2021 revenue increased 130% to $13.8 million, compared to the same six months period last year, while gross profit increased 59% to $5.6 million over the same period.

  • On June 25, 2021, the Company acquired 100% of the shares of Threedy.ai Inc, an AI-based end-to-end platform used to produce 3D augmented reality models, accelerating our delivery time to customers.



Topics: Investor Relations Earnings Call
3 min read

NexTech AR Solutions Corp. Announces First Quarter 2021 Earnings and Conference Call

By Nextech on May 7, 2021 10:33:35 AM

Vancouver, B.C., Canada – May 7th, 2021 – Nextech AR Solutions (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), plans to release its first quarter 2021 financial results after markets close on Wednesday, May 12th, 2021. Subsequently, Nextech will host a conference call to discuss the first quarter results on May 12th, 2021 at 5:30 p.m. Eastern Time. Please join Evan Gappelberg, Chief Executive Officer, and Kashif Malik, Chief Financial Officer to discuss these financial and operating results followed by a question-and-answer period.

Topics: Press Earnings Call