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4 min read

Nextech3D.ai Achieves Milestone with 3D AI Modeling Profit Margins Hitting 80% in Q2 2024 Up From 30% in 2023

By Nextech3D.ai on May 2, 2024 7:30:00 AM

TORONTO, O.N, Canada – May 2, 2024 -   Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a patented 2D-3D Generative AI-Powered 3D model supplier for Amazon, Miele, P&G, Kohls, Wesfarmers Group "Bunnings" (Australia's largest listed company) and other major e-commerce retailers are excited to announce a major milestone in its 3D modeling business for eCommerce by hitting 80% gross profit in Q2, 2024 which is up 166% from 30% in 2023. This milestone achievement is only possible through the company's investment in AI and its pivot to Hyderabad India in Q3, of 2023.

Topics: Investor Relations
6 min read

Nextech3D.ai Reports Fiscal Year 2023 and Fourth Quarter 2023 Audited Financial Results

By Nextech3D.ai on Apr 29, 2024 4:31:11 PM

2023 Annual Revenue Growth of + 56%

2023 Annual Revenue of $5 million

 

Topics: Investor Relations Earnings Call
5 min read

Nextech3D.ai Reports 2023 Third Quarter Earnings

By Nextech3D.ai on Nov 29, 2023 4:31:00 PM

YTD Revenue up 97% Compared to Same Period Last Year

Topics: Investor Relations
5 min read

Nextech3D.ai Closes Final Round of Private Placement Raising a Total of $1,098,926

By Nextech3D.ai on Nov 29, 2023 2:42:18 PM

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Topics: Investor Relations
5 min read

Nextech3D.ai Investor Livestream Discussing New AI Technology Tomorrow November 30

By Nextech3D.ai on Nov 29, 2023 7:35:00 AM

TORONTO, O.N, Canada – November 29 , 2023  Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers announces that CEO Evan Gappelberg and Head of Product Operations Hareesh Achi will join Proactive LIVE tomorrow for a special investor livestream event. They will discuss latest business developments as well as the Company’s proprietary artificial intelligence (AI) technology that creates 3D experiences at scale for e-commerce.

Topics: Investor Relations
5 min read

Nextech3D.ai Announces $3.6 Million Private Placement

By Nextech3D.ai on Nov 2, 2023 7:35:00 AM

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Toronto, ON – November 2
, 2023 – Nextech3D.AI (the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2) announces that it proposes to complete a private placement (the “Offering”) pursuant to which it will issue up to 30,000,000 units (“Units”) at a price of $0.12 per Unit, to raise aggregate gross proceeds of up to $3.6 million.

Topics: Investor Relations
5 min read

Nextech3D.ai Expands Profit Margins and Slashes Overhead Costs as it Opens Office in Hyderabad India

By Nextech3D.ai on Oct 31, 2023 7:35:00 AM

TORONTO, ON, Canada – October 31, 2023  Nextech3D.AI (the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers is pleased to announce the grand opening of its office space in Hyderabad, India. This expands Nextech3D.ai’s profit margins and dramatically reduces overhead costs projected to save the Company as much as $4 million annually. The Company recently appointed Hareesh Achi as the new Head of Product Operations to lead this initiative. Hareesh has worked at industry titans MSFT & META for over a decade developing a deep-rooted understanding of managing big technology operations.

Hyderabad has been crowned by investors as India’s next startup powerhouse destination. “From 2014 to 2023, Hyderabad has emerged as a powerhouse in the Indian startup landscape. Its startup ecosystem now proudly boasts 4,369 tech startups.”

Topics: Investor Relations
4 min read

Nextech3D.ai to Present at the AI and Big Data Virtual Investor Conference November 2nd

By Nextech3D.ai on Oct 30, 2023 7:35:00 AM

TORONTO, O.N, Canada – October 30, 2023 -   Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers is pleased to announce ​​that Nextech3D.ai CEO Evan Gappelberg will present live at AI and Big Data Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on November 2nd, 2023.

Topics: Investor Relations
7 min read

Nextech3D.ai Reports Record Preliminary Q2 Revenue Up +155% To $1.4Mill & Guides Towards Breakout Q3 Revenue +200% of $1.7Mill - $1.9Mill Amid Surging 3D Model Demand

By Nextech3D.ai on Aug 1, 2023 7:30:00 AM

  • Generative AI Positions Company For Breakout Revenue Growth in 2023

  • Generative AI Driving Exponential Growth For Web3.0 Portfolio of Technologies for Ecommerce

  • AI is Enabling Scaling of 3D Model Production

  • Join Proactive News & CEO Evan Gappelberg for an Investor Livestream TODAY at 12 p.m ET / 9 a.m PT

 

Topics: Investor Relations
7 min read

Nextech3D.ai Reports Unaudited Fiscal Year 2022 and Fourth Quarter 2022 Financial Results

By Nextech3D.ai on Apr 20, 2023 4:30:00 PM

  • 3D modelling revenue increased +266% vs 2021

  • 2022 technology service gross profit margin expands by 82%  jumping from 51% in 2022 compared to 28% in 2021

 

Topics: Investor Relations Earnings Call