Nextech3D.AI maintained strong gross margins at 80% in Q1 Fiscal 2027.
Published
Signal category
Capital & Finance
Quote
“Gross margins remained strong at 80%”
— Evan Gappelberg|Nextech3D.AI team
Company
Nextech3D.AI
Diversified 3D.ai tech: OTCQX: NEXCF / CSE: NTAR) Amazon 3D model supplier, AI powered Toggle3D.ai, ARway.ai, Event Tech
- Industry
- Technology, Information and Internet
- Location
- Toronto, CA
- Company size
- 43 employees
Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2) is a diversified augmented reality, AI technology company that leverages proprietary artificial intelligence (AI) to create 3D experiences for the metaverse. Its main businesses are creating 3D WebAR photorealistic models for the Prime Ecommerce Marketplace as well as many other online retailers. The Company develops or acquires what it believes are 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. On 10/26/2022 the Company completed its first spin-out of an augmented reality wayfinding solution company called ARway.ai, (OTC: ARWYF/CSE: ARWY). The Company owns 13 million shares in ARway.ai and distributed 4 million shares to Nextech3D.ai shareholders. On 12/14/2022, the Company announced its second spinout of Toggle3D.ai, an AI-powered 3D design studio to compete with Adobe. Toggle3D.ai is expected to be public in the first half of 2023.
Founded 2018