NexTech3D AI Corp (NEXCF)

[MartyFromYahoo]

It's fan buying season on Amazon!

"CEO Evan Gappelberg tells Proactive's Stephen Gunnion that the company has signed an expansion contract for its 3D modeling service with fan company Vornado Air to bring 3D models onto the Amazon Prime marketplace through the company's 'early access' program.

Gappelberg said Nextech is already approved as a preferred 3D model supplier for Amazon and the granting of the early access means it is able to bring its customers outside of Amazon's ecosystem to the platform. He said the company is scaling its AI technology to produce an unlimited number of 3D models to meet the growing demand."

https://www.proactiveinvestors.com/companies/news/1014789/nextech3d-ai-expands-3d-modeling-service-with-vornado-air-with-granting-of-amazon-early-access-1014789.html

[MartyFromYahoo]

Earnings call transcript...

https://seekingalpha.com/article/4595462-nextech-ar-solutions-corp-nexcf-q4-2022-earnings-call-transcript

[Aidar]

https://onlinecasino-az.com/slots/real-money/

[ignatiusrielly35]

I don’t like the new name at all. Too confusing.

[Bill Harford]

Is this a real AI play or are they just jumping on the bandwagon?

[Bill Harford]

Nextech3D.ai Rebrands as the Company Enters the Age of AI

https://www.globenewswire.com/news-release/2023/03/07/2622301/0/en/Nextech3D-ai-Rebrands-as-the-Company-Enters-the-Age-of-AI.html

[MartyFromYahoo]

Well, sounds like this isn't a good stock for YOU to invest in then!

Perhaps it's time for you to move on to something else.

[ignatiusrielly35]

First analyst rating ever. Price target $1.87 (USD).

[treedoc]

HC Wainwright & Co. seem to believe good things are coming.

[ignatiusrielly35]

The new large customer is Target. Must be a company run by idiots, to buy Nextech’s “worthless” services. I’m surprised they are still in business.

[ignatiusrielly35]

Amazing that Fortune 500 companies keep buying Nextech’s supposedly worthless technology.

[treedoc]

Great news and direction.

[ignatiusrielly35]

https://finance.yahoo.com/news/nextech-ar-lands-major-enterprise-123000962.html

[MartyFromYahoo]

Toggle3D will be spun out...

https://www.globenewswire.com/news-release/2023/02/02/2600463/0/en/Nextech-AR-Announces-Details-of-Generative-AI-IPO-Spin-out-Toggle3D.html

[ignatiusrielly35]

The modeling revenue growth is all that matters. They are signing contracts with large corporations all over the world. They got out of e-commerce, which is why revenue is down in absolute terms.

[mr green239]

All this hype.. revenue collapse. very telling..

NexTech.. one the most expensive 3D model producers... retaining contracts is and will be difficult

REVENUE Q (MILLIONS CAD):
2022/10: 3.012
2022/07: 3.235
2022/04: 3.484
2022/01: 7.049
2021/10: 5.525
2021/07: 6.092
2021/04: 7.727
2021/01: 7.002

NET INCOME TTM:
2022/07: -31.14
2022/04: -31.14
2022/01: -32.62
2021/10: -30.77
2021/07: -27.27
2021/04: -23.41
2021/01: -15.59

[ignatiusrielly35]

https://www.accesswire.com/735426/Nextech-AR-Receives-Enterprise-3D-Modeling-Expansion-Contract-and-Lands-New-SP-500-Customer

[treedoc]

[treedoc]

USA patent now in effect. Cool. Video of how it works.

[MartyFromYahoo]

Cleaned up and shortened the intro!

[treedoc]

Arwyf now trading in my TDA USA account. Nice.

[jules5]

Yes, I received quantity and price. I am smiling.

[treedoc]

Arwy cn. Anyone else get there shares yet?

[jules5]

Gappleberg(?) is impressive. Watch his latest interview on Next Super Stock and realize his vision. He thinks ahead.

[ignatiusrielly35]

Automatic break even on a cash flow basis in 2023. We may have something here.

[MartyFromYahoo]

$6.7 million! Very nice indeed!!!

[ignatiusrielly35]

Big purchase order. Nice.

https://www.nextechar.com/press-releases-and-media/nextech-ar-announces-record-6.7-million-3d-model-purchase-order

[ignatiusrielly35]

Sounds good to me.

https://www.businesswire.com/news/home/20221012005375/en/Nextech-AR-is-Seeing-A-Dramatic-Increase-In-3D-Model-Demand-in-Q4-2022-and-FY-2023

[ignatiusrielly35]

Correction, Q1 2023.

[ignatiusrielly35]

https://www.businesswire.com/news/home/20221005005236/en/Nextech-AR-Reports-Q3-3D-Model-Production-Jumps-110-and-Sees-Strong-Continued-Demand-in-Q4

They will likely break even in Q3 at this growth rate.

[MetaMonster]

And it also appears this company can explode

[ignatiusrielly35]

It appears they are planning to spin off the maps division?

[MartyFromYahoo]

Melea Guilbault will be the new CEO of Map D!

https://www.proactiveinvestors.com/companies/news/992826/nextech-ar-solutions-appoints-melea-guilbault-as-new-ceo-of-its-map-d-event-tech-platform-992826.html

Here is Melea's Linked in profile...

https://www.linkedin.com/in/melealynn

[MartyFromYahoo]

Earnings are out! Here's a small summary

Q2 22 Earnings

(The full earnings report can be found at https://www.sedar.com/)

[MartinLutherKing]

Live the 100$ metaverse dream brother

[ignatiusrielly35]

I’m guessing a buyout before that happens.

[mr green239]

Think we agree

Companies who want quick ar/vr solutions will go with NexTech.
I agree they are a trusted provider. In the long term they will be phased out by the general providers

[mr green239]

IMO none of those definitions are accurate. Metaverse will be huge (even for most people who currently think it wont affect their lives).. by the time its huge, no one will remember NexTech...

I dont deny NexTech's revenue increasing even tripling in the near term.... (kinda first mover - stock price could skyrocket and flippers could make a lot)....
But long term, this stock price will be destroyed and disappear.
So flippers be aware, we may not see higher highs...
Smart money, is big money

[MetaMonster]

The most-common definitions of the 'metaverse' are: 1) an embodied virtual-reality experience; 2) a Web3 framework for economic interoperability; 3) a creative platform for experiences Some current versions may be a hybrid of these.

[ignatiusrielly35]

We don’t agree. In my view the Aritize is a very viable product. I simply point out when people start exaggerating the extent that the company has penetrated the market thus far. As with any new technology, there is an adoption curve. I believe/hope adoption will accelerate. Whereas some are overly optimistic, I find your view to be overly pessimistic. The product is good, let’s see if they can sell it. That’s the fair view.

[mr green239]

Agree with you.

Already, some people literally have lived in the metaverse using all kinds of technology not provided by NextTech.

The business model here is fundamentally flawed. Many leaders far ahead of NexNoTech - it's a cheaper 'product' than investors here think only to get far less costly for consumers over the next decade.

[VSDiamonds]

Once gap fills back to 1$ kaaabooomage

[VSDiamonds]

Sound all alarms @ $1

[ignatiusrielly35]

It’s a positive report. But I would like to know what revenue will be derived from the new contracts, and the total number of models ordered. Conspicuously absent.

[Atomic_Insider]

Blast off baby$$$$$$$$$

[Atomic_Insider]

Breakout is imminent

[Atomic_Insider]

Blue skies up ahead…… $2.50 breakout coming…..

[Atomic_Insider]

Breakout breakout breakout coming…. Stay tuned…..

[Atomic_Insider]

NEXCF Is about to go viral worldwide!!!

[Atomic_Insider]

The day has come dude!!!