NexTech AR Solutions Corp. engages in the acquisition and development of augmented reality (AR) technology. It operates e-commerce platforms, including vacuumcleanermarket.com, a vacuum cleaner retailer focused on residential vacuums, supplies, and parts, which is operated through a retail location and online sales channels; infinitepetlife.com, a health food supplement for animals, which is operated through online sales channels; Trulyfesupplements.com, a health supplement online store; and nextlevelninjas.com that provides services to help vendors using e-commerce platforms. The company also offers various smartphone applications, including ARitize Maps that allows users to spatially map their location and populate it with interactive 3D objects, navigations, wayfinding, audio, and other; ARitize 3D for eCommerce, an end-to-end AR platform that enables users to embed a 3D model in a product page on an ecommerce website; ARitize Swirl, a swirling (rotating) 3D asset on the header or page of an ecommerce website; ARitize Social Swirl, a social media AR filter designed to promote and visualize ecommerce products; ARitize Ads, an ad solution for captivating 3D ads; ARitize CAD enables the conversion of CAD files into 3D/AR models at scale; ARitize Decorator enables to virtually preview home furnishing and decor in a desired location; and ARitize Holograms, a human hologram creator mobile app. In addition, it provides ARitize CPG, an interactive AR hologram app; ARitize Labs that offers pre-recorded AR learning objects; ARitize Events 3D, a virtual and hybrid events platform; ARitize Portals to transport users into new environments using AR; ARitize Capture that allows user to create 3D AR photo realistic models from their smartphones; ARitize Play to experience AR technology; and Map D, a virtual events platform that allows organizers to create, host, and manage live events. NexTech AR Solutions Corp. was incorporated in 2018 and is headquartered in Toronto, Canada.

NexTech AR Solutions Corp.

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.

Nextech3D.AI

Listen now! 🎙️ #NEXCF #NTAR CEO Evan Gappelberg shares valuable insights in this engaging episode, discussing the dynamic nature of successful entrepreneurship and the importance of adaptability. From pivotal moments in business history to the potential risks and opportunities presented by AI, Evan delves into the evolution of technology and its impact on industries. https://hubs.la/Q02k9_vR0

Join the conversation as he highlights the innovative use of AI in Nextech, particularly the development of a groundbreaking 3D model search engine, offering a glimpse into the future of digital creativity and commerce.

#AI #Nextech #ArtificialIntelligence #3DModels #3DModeling #EmergingTechnology

🚀 Ready to reshape your reality? ARway.ai - The Spatial Computing Platform is propelling augmented experiences to unprecedented heights with our cutting-edge ARway SDK, now compatible with the Apple Vision Pro. Imagine a world where your digital interactions are as natural and intuitive as the physical world around you.
 
With the launch of Apple Vision Pro, we're at the cusp of a new era in spatial computing — and ARway.ai is leading the charge. Our SDK is a catalyst for innovation, providing developers with the tools to create immersive, interactive AR scenarios that were once the stuff of sci-fi.
 
Join our early access list today and be among the first to harness the full potential of ARway.ai with Apple Vision Pro. This is your chance to be at the forefront of the augmented reality transformation, crafting experiences that will captivate and engage like never before.
 
Don't just watch the future unfold — be a part of crafting it with ARway.ai. Click the link to learn more and take the first step into a broader reality. 🌐✨
 
🔗 https://hubs.la/Q02jGQgz0
 
#ARway #AppleVisionPro #NextGenAR #SpatialComputingEvolved #FutureIsNow #TechTrendsetters #ARKit #SpatialComputing #AR

#NEXCF #NTAR CEO Evan Gappelberg joined Proactive to discuss the signing of a brand-new 3D modeling contract with  Global Industrial Company, a formidable giant within the industrial and commercial equipment sector. https://hubs.la/Q02j9qtF0

#Nextech #3Dmodels

#TGGL #TGGLF reports 75% Usage Growth in Q4, New Release With AI Search Engine Integration Set for Q1 https://hubs.la/Q02j73FM0

#Toggle3D #AI

#NEXCF #NTAR has signed a new #3Dmodeling contract with Global Industrial Company, a titan in the industrial and commercial equipment sector with over seven decades of market leadership. https://hubs.la/Q02j72zN0

Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) CEO Evan Gappelberg joined Steve Darling from Proactive to share significant news regarding the company's decision to terminate its previously announced letter agreement with VCI Global Limited to sell up to a 51% interest in the company's artificial intelligence platform for 3D modeling and associated assets. 

Gappelberg explained that the company made the decision to terminate the agreement because VCI Global Limited was unable to meet its conditions precedent within the mutually agreed timelines.

As a result, Nextech3D.ai has no plans to sell its 3D modeling business. Instead, the company intends to continue building its AI technology stack to scale 3D modeling while retaining ownership, operation, and development of the business. 

Watch at #Proactive #ProactiveInvestors #CSE #OTCQX #NTAR #NEXCF http://ow.ly/32ZB105e2yj

#ARWY #ARWYF will participate at the upcoming #RainFocus INSIGHT 2024, a premier event for leaders in events, marketing & technology. CEO Evan Gappelberg will take the mainstage during the "Pitch Tank" segment, offering insights into #ARway's cutting-edge #spatialcomputing solutions & their impact on the industry. https://hubs.la/Q02hJBqM0

New episode of the The Public Company CEO Experience Podcast! In this episode, Evan provides a progress report on ARway as well as what the imminent launch of Apple #VisionPro will mean for the company going forward.  As the #Apple launch is only weeks away, Evan also provides details around the #ARway patented #AR spatial computing platform, increased adoption rates across a growing customer portfolio & how the company is well poised to be the leader in indoor wayfinding. https://hubs.la/Q02hfzlY0

#NEXCF #NTAR CEO Evan Gappelberg joined Proactive to discuss the recently launched AI 3D model search engine and its ability to increase 3D model productivity by 500%
https://hubs.la/Q02gYYd-0

#AI #3DModels

#NEXCF #NTAR New AI Powered Search Engine Able to Deliver a 500% Increase in Productivity
https://hubs.la/Q02gVknJ0

#AI #3DModels #EmergingTech

	May '19	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	2.00M -	6.86M 242.77%	17.69M 157.68%	25.93M 46.64%	3.22M 87.57%	5.03M 56.08%
cost of revenue	1.42M -	3.20M 125.71%	7.83M 144.72%	16.10M 105.45%	1.59M 90.10%	5.84M 266.30%
gross profit	584.01K -	3.66M 527.05%	9.85M 169.00%	9.84M 0.13%	1.63M 83.42%	-802.20K 149.16%
selling and marketing expenses	319.54K -	4.51M 1,310.59%	9.61M 113.19%	16.82M 74.98%	2.39M 85.76%	2.20M 7.95%
general and administrative expenses	4.69M -	2.82M 39.89%	11.51M 308.13%	18.91M 64.37%	17.71M 6.34%	12.31M 30.51%
selling general and administrative expenses	5.01M -	7.33M 46.26%	21.12M 188.20%	35.73M 69.20%	20.11M 43.72%	15.40M 23.41%
research and development expenses		1.71M -	3.59M 110.03%	6.61M 84.10%	3.89M 41.14%	3.25M 16.51%
other expenses	152.28K -		755.10K -	2.39M 216.44%	2.86M 19.50%	120.63K 95.78%
cost and expenses	6.58M -	12.24M 85.99%	33.30M 172.08%	60.82M 82.68%	28.45M 53.23%	24.48M 13.93%
operating expenses	5.16M -	9.04M 75.08%	25.46M 181.76%	44.73M 75.67%	26.85M 39.96%	18.65M 30.55%
interest expense	191.11K -				4.63M -	315.65K 93.18%
ebitda	-4.34M -	-5.01M 15.47%	-14.79M 195.05%	-34.56M 133.72%	-20.33M 41.18%	-17.20M 15.38%
operating income	-4.49M -	-5.37M 19.64%	-15.61M 190.46%	-36.95M 136.69%	-23.39M 36.70%	-19.45M 16.84%
depreciation and amortization	152.28K -	362.98K 138.36%	824.08K 127.03%	2.39M 189.96%	3.06M 28.08%	167.90K 94.51%
total other income expenses net	-85.03K -	-3.87M 4,453.22%	-79.52K 97.95%	4.12M 5,281.99%	-3.28M 179.71%	-7.84M 138.69%
income before tax	-4.68M -	-9.25M 97.42%	-15.69M 69.70%	-32.83M 109.23%	-26.67M 18.75%	-27.29M 2.31%
income tax expense	-15.97K -	-165.39K 935.58%	-96.96K 41.38%	-177.39K 82.96%	-637.21K 259.22%	-29.97K 95.30%
net income	-4.67M -	-9.08M 94.55%	-15.59M 71.72%	-32.65M 109.39%	-26.04M 20.26%	-25.39M 2.49%
weighted average shs out	44.43M -	58.29M 31.19%	68.66M 17.78%	83.89M 22.18%	100.20M 19.45%	114.09M 13.86%
weighted average shs out dil	44.43M -	58.29M 31.19%	68.66M 17.78%	83.89M 22.18%	100.20M 19.45%	114.09M 13.86%
eps	-0.11 -	-0.16 45.45%	-0.23 43.75%	-0.39 69.57%	-0.26 33.33%	-0.22 15.38%
epsdiluted	-0.11 -	-0.16 45.45%	-0.23 43.75%	-0.39 69.57%	-0.26 33.33%	-0.22 15.38%

NTAR

COM:NEXTECHAR

Nextech3D.ai

Last Close

0.06

22/11 20:29

Market Cap

9.49M

Beta: -

Volume Today

173.41K

Avg: -

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