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2024 Highlights ? Now Amazon Certified 3D Content Provider ? Launches 100% AI Generated FOTOgpt.ai Toggle Studio ? Issued 2D-3D Patent #11,948,248
TORONTO, ON, Canada – November 29th 2024 - Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a frontrunner in generative AI-powered 3D modeling technology for major e-commerce entities such as Amazon, other major e-commerce retailers reports its unaudited financial and operating results for its second quarter ended September 30th, 2024.
Financial Performance Revenue: $756,476 Gross Profit Margin: 71% or $537,503
Operational Highlights 3D Modeling Business: We continue to innovate and push our AI technology forward in our core 3D modeling business, delivering thousands of high-quality 3D models to our diverse customer base on a monthly basis.
Strategic Initiatives While we are struggling to gain momentum in our 3D modeling business we are continuing to invest in AI. Notably the Toggle Studio FOTOgpt.ai which we are launching next month and into Q1 2025.
Looking ahead at the business opportunities into 2025: -3D modeling business continues to struggle to gain momentum as more competition has come to market from all over the world. -
Toggle Studio (CSE: TGGL/OTC: TGGLF) of which Nextech owns 13million shares continues to build its AI Studio for both 2D and 3D applications. Notably its new AI photography studio FOTOgpt.ai. The company believes that this has significant growth potential.
ARway.ai (CSE: ARWY/OTC: ARWYF) of which Nextech owns 17million shares continues to generate significant revenue and cash flow primarily through its mapping software. This business which has been around for almost two decades is continuing to build its capabilities with new AI features that the company believes will ignite sales.
Volume: | 261,423 |
Day Range: | 0.025 - 0.0299 |
Bid: | 0.0195 |
Ask: | 0.0331 |
Last Trade Time: | 3:57:34 PM EDT |
Total Trades: | 32 |
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