Proactive - Interviews for investors
Nextech3D.ai reports 257% revenue surge for ARway following strategic Map D acquisition
Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to share a significant financial update, highlighting impressive growth for the company’s AR-focused subsidiary, ARway. For the seven-month period ending March 31, 2025, the company reported unaudited revenue of $450,000—marking a remarkable 257% increase compared to the previous audited fiscal year revenue of $126,000, which ended on August 31, 2024. Additionally, the company achieved a strong gross margin of 95%, up from 90% in the prior fiscal year.
This sharp increase in revenue and improved profitability reflect the successful integration of Map D's technology and services into ARway’s operations. Gappelberg emphasized that this strategic acquisition has significantly enhanced ARway’s technological capabilities, expanded its product portfolio, and widened its addressable market. The synergies between the two entities have accelerated ARway’s position as a leader in the rapidly growing 3D spatial mapping, augmented reality (AR) navigation, and spatial computing sectors.
"The exceptional growth we've seen is a direct result of our strategic focus and the value we’ve unlocked through the acquisition of Map D," said Gappelberg. "By aligning innovative technologies and expanding our market reach, ARway is now better positioned than ever to lead in the next frontier of AI-powered spatial computing."
Looking ahead, Nextech3D.ai believes it is strategically poised for continued expansion, supported by strong market demand for advanced 3D modeling, AI, and augmented reality solutions. The company remains committed to leveraging innovation and strategic partnerships to deliver shareholder value and technological excellence.
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