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Nextech doesn’t need a fully developed metaverse. All they need is online marketing, which already exists. Their products enhance existing online marketing, and the potential market for the products is ginormous.
"It will be a decade until we make money off the metaverse" Mark Zuckerberg
Where will NEXCF be by then?
WAIT UNTIL THIS SINKS IN...April 28, 2022 -- InvestorsHub NewsWire -- Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce it has signed an ARitize 3D contract for 3D modeling and custom decorator with a major auto parts distributor, Genuine Parts Company.
Genuine Parts Company, founded in 1928, is a global service organization engaged in the distribution of automotive and industrial replacement parts. The Company serves hundreds of thousands of customers from a network of more than 10,000 locations across North America, Europe, and Australasia and has approximately 50,000 employees.
The Company's ARitize 3D technology allows for large enterprise, medium and small ecommerce businesses to convert 2D images into 3D models at scale, using Nextech’s AI driven technology. Nextech has already signed deals and had success in the automotive industry, using its ARitize CAD technology to create models of the Ford Mustang Mach-E and Ford Escape SE Hybrid. Nextech AR offers scalability, affordability, ease of use, and the highest quality 3D models.
Damn, only up 8.28% this morning. THIS BABY IS PRIMED FOR TAKEOFF. BEEN WAY TOO OVERSOLD AND FUNDAMENTALS ARE STRONG.
Really, which ones and how exactly?
LOL, no answer still.
Nice creative writing.
Nextech's dime in a dozen in terms of availablity and scale of technology for practical use cases of business AR/Metaverse... at least 11 other dimes doing the same thing.. thousands of pennies developing same technology opensource continously.. while the loonies and toonies invest heavily in research bringing the tech to the next level for seamless integration across existing platforms to in the end.. hopefully make more money - Google, Facebook/Meta, Microsoft
This is the ongoing tale of fiction. Supposedly Nextech’s technology is a dime a dozen yet for some odd reason it is being purchased by large multinational corporations all over the world.
Lol we dont have to?? There are many competitors out there that can easily do every same thing Nextech can do
Still no answer. Guess I am going to have to give you a Follow.
Perhaps but I believe the whole market sell off has something to do with it. There is going to be a rally as tech marches on despite what happens elsewhere. Even if the whole market crashes soon under Fed policy and phony supply problems and contrived inflation, there will be a recovery. I think I will do some buying and take a gamble as the manipulation looks to be about coming to a slow down. Fundamentally the company itself has improved with huge potential in this growth sector. I am looking to re enter. All in my opinion. Good luck to all.
Overvalued. No money here. NEXCF services will someday be accessible, free to all, provided by the many big tech giants heavily investing in these technologies/concepts.
this is reason the stock has performed awfully last 2 years ($6/share to under a dollar) ...
Company is spending/investing way to much to provide/develop a technology that will make no money in 5-10 years time.
Even if money can be made in the present... Stock is heavily reliant on the forecast of the future..
Thus holders are dumping, while promoters are pumping and prospective buyers aren't giving in to owing at overvalued prices
six weeks without the answer to your question. interesting.
NEXCF on watch for soon to run hard. Too many postive ratings are coming in.
First quarter earnings are coming right up!
NexTech plans to release its first quarter 2022 financial results after markets close on Monday, May 16, 2022.
https://www.businesswire.com/news/home/20220512005035/en/
Neo is not the one...
As of May 12th, we are no longer on the NEO stock exchange! :)
https://www.businesswire.com/news/home/20220509005133/en/
Still way overvalued. Nextech has no product for the future. Down we go.
Nextech AR in Partnership With Restaurants Canada, Launches 365 MetaMarketplace...
Nextech is pleased to announce attendance to showcase its 3D/AR technology to the entire foodservice and restaurant industry at the 2022 RC Show, with a placement in the RC Main Event Booth, #2001
2022 RC Show
The 365 Marketplace will be part of the 2022 RC Show, taking place May 9-11 at the Enercare Centre in Toronto and virtually. The show will be three action-packed days of business building insights and innovative solutions. The 77th edition of RC Show is a dynamic hybrid event with 8 curated pavilions, hundreds of products and services, 250+ speakers across 5 stages, 6 competitions and 4 networking events alongside a virtual platform broadcasting live programming and connecting buyers and suppliers through Nextech’s robust online 365 marketplace.
https://www.businesswire.com/news/home/20220505005297/en/
This would be a good match up for VERB. It would make a great merger. So I existed this awhile back for the most part. Looks like time to consider re-entry.
Nextech AR Solutions, a metaverse company and provider of augmented reality experience technologies and services, has launched the Nextech Metaverse Suite, which unifies Nextech's entire technology stack of 3D and AR products and apps into one, end-to-end subscription-based platform.
Nextech's Metaverse Suite gives users a single login and account with access to all Nextech AR products...
ARitize Maps by NexTech AR Solutions is out now!
Give it a try from the Google Play Store.
"Turn your smartphone device into a portal to your mini metaverse!
Use ARitize Maps to create and share location persistent AR experiences, and guide your audience through physical venues via AR Navigation.
Why you will love ARitize Maps:
Create your mini-metaverse on your smartphone device in a few easy steps:
• Scan your surrounding
• Drag and drop AR content
• Add a description and publish your AR Map
• Now your map is ready to be shared!
Add AR Content to your maps:
• Upload your 3D assets
• Record voice memos
• Post a sticky note
• Add text or an image
• Discover Public maps:
Sharing is easy:
• Ready to share your map with the world? Make it public and let others discover it!
Prefer sharing with a selected audience? Use sharing feature to send an invitation to your map via the app."
Join Evan Gappelberg live tomorrow at the “NEXT SUPER STOCK Live!” event for a special presentation.
Nextech AR invites individual and institutional investors, as well as advisors and analysts to attend.
Livestream Details
Date: Tuesday, April 12, 2022
Time: 12:30 PM Eastern Time (US and Canada)
Topic: AI-Powered 3D/AR Model Creation and the Metaverse
Attend here: SUPER STOCK LIVE
"Anybody can recreate NexNoTech technologies"
...Please prove that statement by creating any of their products yourself.
I'll be patiently waiting here to see your results.
Nextech AR Expands 3D Patent Portfolio Files Four Pivotal Non-Provisional Utility Patents!
THREE-DIMENSIONAL (3D) MODEL GENERATION FROM TWO- DIMENSIONAL (2D) IMAGES
Covers core AI algorithms for creating 3D models automatically from 2D photos and is the core of Threedy tech
THREE-DIMENSIONAL (3D) MODEL ASSEMBLY
Covers the virtual assembly line concept that helps scale 3D content creation from 2D photos
MATERIAL ESTIMATION FOR THREE-DIMENSIONAL (3D) MODELING
Covers the AI/ML techniques for creating 3D textures and materials automatically from 2D reference photos
THREE-DIMENSIONAL (3D) MODEL GENERATION FROM CAD DATA
Describes the technology and process we have built to convert 3D CAD files and other solid designs into optimized 3D meshes suitable for real-time visualization on the Web and AR
https://www.businesswire.com/news/home/20220406005317/en/Nextech-AR-Expands-3D-Patent-Portfolio-Files-Four-Pivotal-Non-Provisional-Utility-Patents
"ARitize CAD is Nextech’s patent pending technology, enabling the conversion of CAD files into 3D AR models at scale at a price and quality that it believes is best in class. CAD is a function of product engineering. Industrial designers, working for product manufacturers, use CAD software like AutoCAD, and SolidWorks to design many of the products in the modern world. Now, using ARitize CAD, those files can be converted to 3D/AR models with the creation of photo realistic, fully textured 3D models from raw CAD models and reference images. This technology creates optimized 3D meshes that are suitable for 3D and AR applications."
https://www.nextechar.com/press-releases-and-media/nextech-ar-sees-strong-3d-model-demand-from-large-manufacturers-showcasing-its-cad-to-poly-3d/ar-technology
Valued at $1.85 US per Zacks Small Cap Research...
https://f.hubspotusercontent20.net/hubfs/4391972/_Investors%20relations/NEXCF%20Research%20Report%20-%20Zacks%20SCR.pdf
H.C. Wainwright & Co., LLC. is giving us a buy rating!
https://f.hubspotusercontent20.net/hubfs/4391972/_Investors%20relations/NEXCF%20Research%20Report%20-%20H.C.%20Wainwright.pdf?utm_campaign=FY21_PR&utm_source=linkedin&utm_medium=social&utm_content=NEXCF-Research-Report
Earnings call transcript from March 22, 2022...
https://seekingalpha.com/article/4497188-nextech-ar-solutions-corp-nexcf-ceo-evan-gappelberg-on-q4-2021-results-earnings-call
Enjoy!
NexTech AR Solutions Corp., a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services announces its unaudited preliminary financial and operating results for the 2021 fiscal year ended December 31, 2021.
In 2021 we saw a substantial uptick in customer adoption of our technology that are either signing 12-month ARR contracts or annual repeat customers totaling $975,000.
The company is seeing this uptick in new customers resulting in additional ARR continuing in 2022!
The 2021 recurring revenue of $975,000 is broken down as follows:
12/31/2021- Annual Recurring Revenue (ARR) was approximately $475,000
Additionally in 2021 the company saw $500,000+ annual repeat business from customers
The above resulted in total Renewable Software Licenses revenue estimated at $1.4 million in 2021 +316% from 2020.
2021 Annual Financial Highlights (unaudited):
Annual Total Revenue $25.9 million (up 47% from 2020)
Product Sales $19.2 million (up 38% from 2020)
Technology Services $5.3 million (up 55% from 2020)
Renewable Software Licenses $1.4 million (up 316% from 2020)
Annual Total Gross Profit $9.8 million (flat with 2020)
Product Sales $8.0 million (up 14% from 2020)
Technology Services $1.8 million (not comparable to 2020 as measured on different basis, see Q3 and annual MD&A for explanation)
The above figures are unaudited and may be subject to change. Audited figures for the year ended December 31, 2021 will be published towards the end of March 2022.
I’m sorry your dog threw up. I hope he feels better.
This little app will be even more useless once Shopify essentially integrates the exact same features seamlessly. No app like this is required. Anybody can recreate NexNoTech technologies..
Maybe you should write a bad review. Say that the app caused your dog to throw up.
So far, only two reviews for this Shopify app.. both are by companies NEXTECH owns!
https://apps.shopify.com/aritize3d/reviews
For a company with 200+ employees.. market for this is small while competition continues growing high.
Agreed. Good stuff.
Great update. The video of how it works for Kmart is fantastic
Nice and warm here inside Shopify! https://apps.shopify.com/aritize3d?surface_detail=ARitize+3D&surface_inter_position=1&surface_intra_position=4&surface_type=search
Let’s face it. The SaAS AR products are all that really matter. They have had very little time to catch hold but some very large customers have signed up already. It’s completely scalable so the gross margins will be excellent. I will wait and see.
we can only hope revenue quickly reverses and continues to grow.
If it doesn't, then have a feeling smart money left will begin agreeing : there is no big money to be made here.
Technology services & renewable software licenses
Three months ended Sept 30, 2021
Revenue: $1,157,899
Three months ended June 30, 2021
Revenue: $1,661,033
30% revenue drop doesn't look look, simultaneously big tech competitors quickly entering the AR/Metaverse market..
NTAR losing contracts already
Let us see what upcoming financials reports depict.
The development costs are largely done. Just need to grow the revenue. I can wait. Especially at .99.
revenue here has always been growing.
For this period on financials, revenue actually declined for a first.
Slowly more and more NTAR paid features are becoming publicly available and easy to use provided by the big tech giants.
Will be impossible for NTAR to continue operating with expenses like this..
Of course they spent more money growing out the new business lines. Hence the lower bottom line. It’s a very early tech company. This is neither unusual nor is it rocket science.
Revenue on the decline. Costs push higher... still no unique tech....
Three months ended Sept 30 2021
Net loss: 8,216,674
Three months ended June 30 2021
Net loss: 5,853,678
Lots of debt.. this company in trouble.
NexTech is like the march of the penguins for me. Not real quick, might stumble and fall but keepin er movin to the goal.
More traction for sales of the e-commerce 3D modeling.
https://www.businesswire.com/news/home/20220112005142/en/Nextech-AR-Signs-Large-Enterprise-3D-Modeling-Deal-For-Ecommerce
Inside Ford Maverick’s Hot AR TikTok Campaign!
https://arvrnews.co/ar-news/ford-to-leverage-tiktok-and-ar-to-promote-the-new-maverick/
Your facts are wrong as well as your assumptions about Nextech’s thought process. Ford Motor company and Brunswick Corp. recently licensed the CAD conversion software.
NextNoTech purchased Threedy.ai for generating models from photos.
https://www.crunchbase.com/organization/threedy-ai
$10 million to them from this CEO trying to make some more friends.
Nextech focussing more on CAD now (stock pumping) because customers knew the auto photo ai models were sub-par quality and no one was buying. Open source technology can easily mimic what Nextech acquired here... way overpriced garbage acquistion.
But CAD is a thing from the 70s... Next generation technologies (metaverse) will make converting CAD to 3D models pointless - which can already be done anyways using various free software
Interesting but this is not what Nextech’s software does. Nextech’s converts CAD files to interactive 3D images that can be used in AR contexts. CAD files are basically digitalized mechanical drawings from manufacturers.
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nextech3D.ai is the engine accelerating the growth of the Metaverse. Using breakthrough AI, nextech3D.ai is able to quickly, easily, and affordably ARitize (transform) vast quantities and varieties of existing assets at scale making products, people and places ready for interactive 3D use, giving creators at every level all the essential tools they need to build out their digital AR vision in the Metaverse. Our platform agnostic tools allow brands, educators, students, manufacturers, creators, and technologists to create immersive, interactive and the most photo-realistic 3D assets and digital environments, compose AR experiences, and publish them omnichannel. With a full suite of end-to-end AR solutions in 3D Commerce, Education, Events, and Industrial Manufacturing, nextech3D.ai is in a unique position to meet the needs of the world’s biggest brands and all Metaverse contributors. |
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