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NexTech AR Solutions - 2020 - Flop of Top?!

28 Posts, Pagina: 1 2 » | Laatste
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De Augmented Reality (3D) markt groeit ongelofelijk snel. NexTech AR heeft het dan ook uitstekend gedaan in 2019.

De koers begint het beursjaar 2020 op $1.45 (USA), $1.88 (Canada) respectievelijk €1,31 (Frankfurt). We zullen zien of NexTech haar deel van de markt kan pakken...

fc
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NexTech Reports Record Revenue and Gross Profit for Q4

Quarterly Performance Boosted by NexTech’s AR Ecomm division

NEW YORK and TORONTO, Jan. 07, 2020 (GLOBE NEWSWIRE) - NexTech AR Solutions (the “Company” or “NexTech”) (NEXCF) (CSE:NTAR) (N29.F), the industry leader in augmented reality, is pleased to announce that it has achieved record revenue and gross profit for the month of December 2019 and Q4. Both revenue and gross profit showed dramatic increases in December. Notably, the company achieved over $760,000 in December revenue and gross profit of $453,000 representing the highest revenue ever achieved in a single month. Revenue and Gross profit for the 4th quarter 2019 also accelerated rapidly reaching $2,580,000 and $1,340,000 respectively, which represents a 4390% increase in revenue and 2232% increase in gross profits year over year.

Evan Gappelberg, CEO of NexTech AR Solutions comments, “I’m excited to report record preliminary numbers for our 4th quarter and I am particularly excited that we were able to achieve $760,000 in sales in just one month, hitting a new company high. During the month of December and the entire Q4, we saw an acceleration in sales growth across all business segments, especially our AR e-commerce division, which is now starting to scale as we continue to sign up more customers.” He continues, “We are in the midst of the 4th Industrial Revolution, and technology is evolving faster than ever. This revolution is being led by AR, AI, IoT, Edge computing and the 5G network, all of which are converging and becoming increasingly ubiquitous for training, e-commerce, advertising, and entertainment. This convergence is stimulating a rapid market adoption environment similar to the internet in the 1990’s driving the creation of billion-dollar industries almost overnight, a market NexTech is uniquely positioned to capitalize on.”

The company is beta testing both its game-changing CaptureAR technology and its AR, 3D 360 advertising platform with very positive results both of which it expects to launch in the next few weeks.

CaptureAR is a pivotal new technology which will accelerate the augmented reality global marketplace. With CaptureAR customers can achieve incredible time and money savings. What would take an experienced 3D modeler days of work to create a 3D version of a product, can now be done in a matter of minutes and with the same resolution and image fidelity as if the 3D model was designed from scratch.

Both the ad network and the CaptureAR technology work hand in hand building value for each other through content creation and the usage of the content on the ad network. The ad network is part of the company’s AR omni-channel platform approach which includes: AR for e-commerce, AR in Chat, its ARitize App and AR University for education and training. With this new ad network NexTech will continue to leverage all its current 3D asset creation technology and relationships into 3D-AR-360 ads, opening up a major new revenue channel in 2020 and beyond. In 2019, according to IDC, global advertising spend will be about $725 billion, up over 4% from 2018.

The company filed a notice in November to change the fiscal year end from May 31 to December 31 to align with the calendar year. The company will report audited financial results for the period June 1 to December 31, 2019 in April of 2020. Results for the first quarter January to March of 2020 will be reported in May 2020.

Zoals gezegd, explosieve groei. Maar aandeel blijft speculatief, en de koers is zeer bewegelijk.

Op Stockhouse een interview met de CEO. Weliswaar betaalde promotie, maar Evan is beslist enthousiast :).

www.youtube.com/watch?v=O-eYvHZvoeo&a...

fc
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NexTech AR CEO Evan Gappelberg touts his company's bona fides as Snap, others pour money into augmented reality

2020-01-09 10:21:00

Snap recently acquired AI Factory - the company that helped develop its recent Cameos feature - in a quiet $166 million deal.

NexTech AR Solutions Corp (CSE:NTAR) (OTCMKTS:NEXCF) CEO Evan Gappelberg has a message for investors watching major tech players pump money into augmented reality: We’re the only pure play AR company on the block.

Snap Inc (NYSE:SNAP) acquired AI Factory - the company that helped develop its recent Cameos feature - in a quiet $166 million deal, according to reports from WeRSM and others.

AI Factory co-founder Victor Shaburov actually worked as Snap’s director of engineering from 2015 to 2018, the report noted, and he joined the company when a previous venture of his, Looksery Inc, was also bought by Snap.

Gappelberg sees those acquisitions, as well as other big names like Google beefing up its augmented reality platform ARCore or Facebook Inc looking to utilize Spark AR in advertising. But his company is a strong AR player in its own right.

“While AR/VR funding and acquisitions are accelerating with SNAP, GOOG, FB, AAPL, MSFT leading the charge by plowing billions into the space, Nextech was up over 400% in 2019,” Gappelberg told Proactive in an email. “NexTech remains the only ‘pure play’ investment for 2020."

ca.proactiveinvestors.com/companies/a...
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Gaat lekker tot dusverre, al ruim 30% hoger in 2020. En er wordt gestreefd naar een opwaardering van de beurs, vermoedelijk een notering aan de Nasdaq.

fc

NexTech Presenting at The AlphaNorth Capital Conference on January 18th

NEW YORK and TORONTO, Jan. 17, 2020 (GLOBE NEWSWIRE) -- NexTech AR Solutions (NexTech) (NEXCF) (CSE:NTAR) (N29.F), the leader in augmented reality (AR) for eCommerce and AR learning applications is pleased to announce that NexTech CEO Evan Gappelberg will be presenting at AlphaNorth Capital Conference at Baha Mar on Paradise Island in the Bahamas on January 18th, 2020. The company is scheduled to present in an exclusive one-on-one format to CIBC Wood Gundy, Canaccord Genuity, Scotia Wealth Management, Mackie Research Capital and other institutions, high net worth private investors as well as wealth managers.

This follows the company's recent presentation at the Wall Street Reporter’s “Next Super Stock” livestream conference on January 15, 2020.

NexTech CEO Evan Gappelberg comments, "As we continue to execute on our business plan we are very gratified to see growing investor interest in NexTech. We continue to work towards uplisting our stock and building increased investor awareness by booking more investor conferences in the coming weeks and months. 2020 looks to be a breakout year for AR/VR and NexTech, and I’m looking forward to getting our story out to more investors as the company pursues four multi-billion dollar verticals in AR, including the 3D/AR ad network which is about to be launched by the company.”
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Uiteindelijk gesloten op $2.00 en CAD$2.62. Vandaag (zaterdag) dan de presentatie aan de grote investeerders op de AlphaNorth Capital Conference. Hoewel grote instituten (nog) niet in deze "dwerg" mogen investeren, zal de presentatie van Evan ongetwijfeld nieuw geld aantrekken.

De USA beurzen zijn maandag gesloten, de Canadese beurzen zijn wel open. Dat wordt dus een interessante opening...

Naast NexTech is trouwens ook NexOptic (NXO.V of NXOPF) interessant, donderdag een plukje van gekocht op CAD$0.375. Venture beurs dus ook zeer speculatief :).

fc
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NexTech AR Launches New VR V-Commerce Division

Company enters the multi-billion dollar VR industry

NEW YORK and TORONTO, Jan. 22, 2020 (GLOBE NEWSWIRE) -- NexTech AR Solutions (the “Company” or “NexTech”) (NEXCF) (CSE:NTAR) (N29.F) NexTech AR Solutions, the industry leader in augmented reality, is pleased to announce that it’s preparing to launch a Virtual Reality (VR) division called VRitize.

The new VRitize division will help the company achieve its projected revenue goal of $20 million in 2020 by working side by side with the ARitize division utilizing many of the same 3D assets created for AR, only now in a fully immersive new and exciting VR experience for in store retail.

V-commerce has been coined as a way to create virtual stores where a customer could choose and buy products virtually in 3D. VR in retail is predicted to reduce marketing costs, reduce product returns and offer efficient analytics and data which is very similar to the AR value proposition for E-commerce. With ARitize and now VRitize NexTech has positioned itself at the intersection and transformation of the entire $3.7 trillion dollar (Statista) retail ecosystem with the industries first state of the art one-stop E-commerce, V-commerce AR/VR solution.

Evan Gappelberg CEO of NexTech commented “New AR/VR technologies are starting to transform the multi-trillion dollar retail industry, just like Wamnamaker changed the game when he opened the first department store in 1876, then Sears with its massive catalog, next came the internet and Amazon which revolutionized retail with e-commerce. Now we are entering a 4th transformational wave where AR/VR and 3D content creation are becoming essential to merchandising products both online and in brick and mortar stores. NexTech sits right at the forefront of this massive opportunity and tidal wave of innovation which is going to completely change the way we shop over the next few years."

Having Virtual Reality (VR) capabilities is part of the company’s omni-channel platform approach which includes: AR for e-commerce, AR in Chat, its ARitize App and AR University for education and training. The new VRitize platform will include an app for both iOS and Android and will work on most, if not all VR headsets including Facebook's Oculus and will continue to leverage all current 3D asset creation technology as well as its soon to be launched 3D ad network, opening up a major new revenue channel in 2020 and beyond. The VRitize platform will be able to utilize the 3D/AR assets the company has already created as well as new assets across both its ARitize platform as well as on its VRitize platform creating an industry first one-stop-shop for AR/VR.

Evan Gappelberg, CEO of NexTech AR comments “By adding VR to our product mix we are positioning NexTech as the industry leader set to dominate both the AR and VR industry for retail”. He continues, “We are super excited to be able to leverage our growing 3D/AR library of assets and technical capabilities into Virtual Reality which compliments our AR technology stack and represents another multi-billion dollar vertical for NexTech.”

A recent Goldman Sachs research report predicts the VR/AR industry, which introduces users to virtual realities and brings digital information to the physical world, may soon become an $80 billion market by 2025. Since virtual reality is still a new and developing space, analysts say the forecasted $80 billion is likely to waver according to actual adoption rates among enterprise and consumer users. If VR/AR sees rapid adoption, then the market may hit a whopping $182 billion.
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NexTech Signs Partner Agreement with Jolokia Bringing AR to the Global Learning and Development Industry

AR and Interactive Video combine to create world’s most compelling training platform

NEW YORK and TORONTO, Jan. 28, 2020 (GLOBE NEWSWIRE) -- NexTech AR Solutions (the “Company” or “NexTech”) (NEXCF) (CSE:NTAR) (N29.F) NexTech AR Solutions, the industry leader in augmented reality, is pleased to announce a new partnership with Jolokia a leading enterprise video platform provider to the healthcare industry. This partnership will expand NexTech's reach into the L&D market which was estimated at 366.2 billion U.S. dollars, according to Statista. Jolokia has joined forces with NexTech AR, to offer a compelling video learning experience (LXP) that crosses the boundaries from interactive video to Augmented Reality (AR).

Pete Mastin, CEO of Jolokia, comments, “We are very excited to partner with NexTech AR, a leader in the AR space. We believe the combination of Interactive video and AR will create a new generation of L&D products that will gamify the learning experience in a way that has not been seen before." He continues, “With the addition of NexTech’s AR, our platform called Inferno is now the world's most advanced Video Learning Experience Platform (LXP) with Interactive Video, Artificial Intelligence, and AR enterprises now have the ability to create the world’s most engaging learning experiences anywhere.”

Evan Gappelberg, CEO of NexTech, commented, “With our state of the art AR combined with Jolokia’s best of breed video learning experience platform, we have the potential to transform the $366 billion dollar corporate training market. Over the coming weeks, Jolokia will be showcasing the new AR capabilities to its significant list of clients including many Fortune 100 companies. In the next few years as AR learning starts to accelerate it’s going to completely change the way employees learn on the job."

According to Statista:
A significant trend in L&D over the last five years is the growth in the use of technology-assisted teaching. One study found that the number of technologies used by L&D departments has doubled between 2012 and 2017. Accordingly, 71 percent of companies reported using technologically assisted teaching such as online training courses. This figure can be expected to continue to increase in the near future, with 69 percent of L&D departments planning to spend on technology.

About Jolokia
Jolokia is an intelligent online video service provider whose product, Inferno, an online training and Learning Experience Platform (LXP), that supports clients that require integration with enterprise systems, custom workflow, cognitive search and discovery, translation and accessibility, interactive video and secure multi-CDN streaming in front of and behind the firewall.
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Nog nooit van dit analistenbedrijf gehoord en geen idee wat het voorstelt, maar ze verwachten een hoop van NexTech.

starwoodresearch.com/index.php/2020/0...

We are now raising our Upside Potential Target price for NEXCF to $20.00 for next 12 months.

Another key factor for raising the upside target to $20.00 is the confluence of technical/X-factors, which we see as one of the key drivers behind the wild price swings in the stock in recent days. As NEXCF gains increasing investor awareness, with the market starting to discover the AR theme - (Emerging $120 billion market according to Statista) – and NEXCF being the only “pure play” stock – with multiple (billion dollar potential) shots on goal. In some investor circles, NEXCF is apparently being viewed as the “micro-cap version of TSLA”.

fc
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Dat krijg je ervan als je belegger bent in een "Unicorn Farm".

En ook wel goed om de Apple klanten nog mee te vegen.

fc

NexTech to Upgrade its AR Platform to Recognize Apple’s .USDZ Files

NEW YORK and TORONTO, Jan. 30, 2020 (GLOBE NEWSWIRE) -- NexTech AR Solutions (the “Company” or “NexTech”) (NEXCF) (CSE:NTAR) (N29.F) NexTech AR Solutions, the industry leader in augmented reality, is pleased to announce a major enhancement by expanding our platform to serve Apple’s .USDZ files along side the default format GLTF. This will enhance the user’s experience on Apple iPhones by leveraging the built-in Quick look feature for engaging AR experiences launched from Apps and browsers. Previously, its platform was built on the industry standard GLTF file created by the Khronos group. By offering Apple’s exclusive .USDZ file recognition and others, the company will now be able to work across the entire spectrum of 3D/AR file formats, which opens up substantial new opportunities to the company.

Evan Gappelberg CEO of NexTech comments, “It has become clear to us that to work with Apple Business Chat and Quick Look which our partner LivePerson is integrated with, we needed our platform to convert files to the .USDZ file format. Doing this will allow our AR rendering technology to leverage the built-in Apple Quick Look features in iPhones." He continues, “This enhancement also expands our ability to provide engaging AR experiences from SMS messaging, Facebook Messenger, and Apple Business Chat on iPhones”.

In 2019 NexTech joined the Khronos® Group, an open consortium of leading companies creating advanced 3D standards, and by being a part of that group adopted the standard GLTF file. Adobe, Deloitte Consulting, Facebook, Google, Microsoft, NVidia, Pinterest, Qualcomm, Samsung and Shopify are among the tech companies participating in the exploratory group. Now the company is expanding beyond the Khronos Group standard to work with Apple’s .USDZ file as well as other file formats creating substantial new opportunities and use cases.

About .USDZ
Apple announced at the WWDC Conference in 2018 that it has developed a new file format, working together with Pixar, called USDZ Universal. This file will allow developers to create 3D models for augmented reality. Pixar and Apple developed this new file format with the .usdz extension.

-The company is beta testing its game-changing CaptureAR app which is expected to launch in Q1.

-The company is also testing its AR, 3D 360 advertising platform which it expects to launch in the next few weeks.
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Gisteren de lancering van het 3D/AR Network:

finance.yahoo.com/news/nextech-3d-ar-...

Vandaag dan het financiële jaarverslag over januari:

NexTech Reports Record Revenue and Gross Profit For January

Performance Boosted by NexTech’s AR Ecommerce division

NEW YORK and TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) -- NexTech AR Solutions (the “Company” or “NexTech”) (NEXCF) (CSE:NTAR) (N29.F), the industry leader in augmented reality, is pleased to announce that it has achieved record revenue and gross profit for the month of January 2020. Both revenue and gross profit showed dramatic increases in January. Notably, the company achieved $800,000 in revenue and gross profit of $528,000 representing a 66% Gross profit versus a 59% gross profit last month and the highest revenue ever achieved in a single month, which represents a 110% increase in revenue and 172% increase in gross profits year over year.

Kashif Malik, CFO of NexTech AR Solutions, commented, “What a phenomenal start to the year by having our best month of revenue ever! I am extremely proud of the team and we are just getting started.”

Evan Gappelberg, CEO of NexTech AR Solutions, comments, “I’m excited to report record preliminary numbers for January and I am particularly excited that we were able to achieve $800,000 in sales in just one month, hitting a new company high. During the month of January, we saw an acceleration in sales growth across all business segments, especially our AR eCommerce division, which is now starting to scale. We signed up 22 new customers in January alone which is our best month ever. We also just hired 4 new sales reps to meet the growing demand for our AR solutions”. He continues, “We are in the midst of the 4th Industrial Revolution, and technology is evolving faster than ever. This revolution is being led by AR, AI, IoT, Edge computing and the 5G network, all of which are converging and becoming increasingly ubiquitous for training, eCommerce, advertising, and entertainment. This convergence is stimulating a rapid market adoption environment similar to the internet in the 1990’s driving the creation of billion-dollar industries almost overnight, a market NexTech is uniquely positioned to capitalize on.”

- The company is preparing to launch its game-changing CaptureAR app in Q1, 2020.

finance.yahoo.com/news/nextech-report...
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quote:

FatCool schreef op 6 februari 2020 19:36:

During the month of January, we saw an acceleration in sales growth across all business segments, especially our AR eCommerce division, which is now starting to scale. We signed up 22 new customers in January alone which is our best month ever. We also just hired 4 new sales reps to meet the growing demand for our AR solutions”.
Duidelijk is dat ze gestopt zijn met het melden van nieuwe klanten via persberichten. Dat is er momenteel één per dag.

Er is momenteel wat koersdruk ($1.82). Vermoedelijk te wijten aan de bijplaatsing van aandelen op $0.60 in augustus, die thans na het verlopen van de "lock-up" verkocht mogen worden. Datzelfde kan nog een keer gebeuren in maart/april door de bijplaatsing van aandelen in november op $0.75. Daarna zijn de goedkope aandelen "op".

Voor degene die een gokje willen wagen in een onstuimige groeier: kopen!

fc
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Short attack door financiële criminelen. Komt helaas geregeld voor op de Canadese markten, de slechts gecontroleerde beursen in de ontwikkelde markten.

Nu bekijken of Nextech met voldoende bewijzen kan komen om de schade te repareren.

Ja, Venture Capital Beurs is altijd moeilijk, enkele parels, enorm veel prut. Ik ga voorlopig uit van het eerste, we zullen zien wat het wordt: Top of Flop.

fc
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NexTech AR Acquires Work From Home (WFH) Virtual Events Webcasting Live Streaming Software Company Jolokia

The combined companies launching AR first Virtual Conferences

NEW YORK and TORONTO, April 30, 2020 (GLOBE NEWSWIRE) -- NexTech AR Solutions (NexTech) (NEXCF) (CSE:NTAR) (N29.F), a leader in augmented reality for eCommerce and AR learning applications, is pleased to announce that it has acquired virtual events, remote video training, live streaming software company Jolokia; whose customers include, Merck, Johnson & Johnson, Toyota, Viacom, Polycom and others. The Jolokia platform generated $1mill USD in SaaS revenue for 2019.

The transaction was an all stock purchase with an initial payment to Jolokia shareholders of 1 million common shares of NexTech AR Solutions in restricted stock at a deemed price of $1.00 USD ($1.38 CAD) per share. The terms included a 12 month earn out, if the platform generates up to $4 million in additional revenue an additional $4 mill in restricted stock can be issued.

Pete Mastin, CEO of Jolokia comments, “With the integration of NexTech’s augmented reality holograms, our Inferno platform is well positioned as the most advanced Event Management and Digital Video Learning Platform in market today. Combining live broadcasting with Interactive Video, Artificial Intelligence and Holograms, corporations are now able to rapidly deliver immersive, engaging learning experiences anywhere.” He continues, “We are very excited to merge with NexTech AR as we believe the combination of our Inferno Platform with NexTech’s formidable tech stack will create a new generation of Learning & Development products that will gamify the learning experience in a way that has not been seen before.”

Mark Pace CTO/Co-Founder of Jolokia comments, “I am extremely enthusiastic about participating in the melding of Augmented reality with our Inferno advanced learning platform. It has always been a vision of ours to build a platform that allowed learners to rapidly move from maximal engagement via interactive video and gamification of video learning content - to experiential learning through Augmented reality and ultimately virtual reality. With Apple, Google (and others) releasing VR glasses in the next 12 months - we know that the next generation of learning platforms has to include these technologies - and the combination of our technology stack with NexTech AR’s puts us in the position to be a dominant player in the space.”

Evan Gappelberg, CEO of NexTech commented, “We are thrilled to close on this acquisition and welcome the Jolokia team of 10 to NexTech. Jolokia has built an impressive SaaS platform for education and product training which when combined with AR creates a truly unique and industry leading virtual events product offering.” Gappelberg continues, “Imagine watching a training video, or going to a virtual conference or webinar and being able to take what you are seeing on screen and put it in the room with you as a 3D/AR volumetric experience. The integration of AR in video training, virtual conferences or webinars provide us with a competitive differentiation and a very timely addition to our AR omni-channel offerings. With the spread of the Coronavirus all governments, Learning Institutions and Corporations are forcing a huge paradigm shift in society to remote work, training and learning, creating what we believe will be strong demand for this type of product offering.”

With corporate meetings and events going virtual through online collaboration and web conferencing tools, NexTech has developed a method to seamlessly integrate 3D photo realistic holograms of people and products to these virtual events through it’s ARitize App. Whether you need to host a full-featured conference, a keynote for a major product announcement, a virtual booth to welcome your partners, investors, and advocates, or remote training sessions, NexTech is able to help you reach the heart of your audience, with our unique AR touch.

Try our demonstration video - vimeo.com/398866849

The Global Coronavirus pandemic has disrupted all large gatherings. Demand for remote training is surging which will undoubtedly drive awareness and adoption of the company’s video conferencing, live streaming and remote training platform with integrated AR features. Many global companies including Google, Microsoft, Twitter. Hitachi, Apple, Amazon, Chevron, Salesforce and Spotify have rolled out mandatory work-from-home policies amid the spread of COVID-19. The fast-spreading COVID-19, has increased demand for Jolokia’s software as schools close, business travel, conferences and leisure travel are all cancelled and more employees work from home. The work-from-home trend had already started with ZOOM’s (ZM) popularity before the Coronavirus. Now that the Coronavirus has emerged, demand has surged which should drive demand for the merged company’s remote-work AR tools which include: AR-virtual conferences,AR-live streaming, AR-webcasting, AR-remote training.
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NexTech Integrates Microsoft Teams and Skype into its InfernoAR Virtual Events platform

Expanding its footprint into Multi-billion dollar Video Conferencing market

NEW YORK and TORONTO, May 12, 2020 (GLOBE NEWSWIRE) -- NexTech AR Solutions (NexTech) (NEXCF) (CSE:NTAR) (N29.F), an emerging leader in augmented reality for eCommerce, AR learning applications, and virtual events is pleased to announce that it has expanded its infernoAR platform integration with Microsoft Teams and Skype. This integration is on the heels of announcing on March 24th it had integrated Zoom into the InfernoAR platform. These critical integrations continue to extend the capabilities of the platform, broaden the utility of the platform and help end-users become even more productive while using the platform.

Users can now launch a Zoom, Teams, or Skype meeting, breakout from within the InfernoAR platform, or upload a recorded meeting and make it keyword searchable with closed captioning in 64 languages. According to Business Insider, Teams has 44 million daily active users (DAU) while Skype has 40 million DAU and Zoom has 300 million daily participants.

With added features like live moderated questions and simple registration the InfernoAR integrated platform can extend corporate meetings, school classes and lectures, product demonstrations, and trade show presentations to wide audiences while maintaining a high-quality small conference experience and also maintaining real-time moderated interactivity.

Evan Gappelberg, NexTech CEO comments, “We are continuing to move very fast with video conferencing technology integrations into our InfernoAR platform and expect to have even more exciting integrations completed in short order. With Zoom, Microsoft Teams and Skype we have extended the appeal of the InfernoAR platform. As everyone has a different preference or existing account for video conferencing, this new integration allows users to pick which platform they want to use which further strengthens our market position.”

With corporate meetings and events going virtual through online collaboration and web conferencing tools, NexTech has developed a method to seamlessly integrate 3D photo realistic holograms of people and products into these virtual events through WebAR or through its ARitize App. Whether you need to host a full-featured conference, a keynote for a major product announcement, a virtual booth to welcome your partners, investors, and advocates, or remote training sessions, NexTech is able to help you reach the heart of your audience, with our unique AR touch.

With the Global Coronavirus pandemic disrupting all large gatherings, demand for remote training and virtual events is surging which will undoubtedly drive awareness and adoption of the company’s video conferencing, live streaming and remote training platform with integrated AR features.

finance.yahoo.com/news/nextech-integr...
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Alles op afstand speelt NexTech enorm in de kaart. Aandeel is laatste paar dagen dan ook omhoog gevlogen.

Morgen de Q1 cijfers. Met mogelijk ook meer over nieuwe klanten, die toestromen.

Vandaag gesloten op de mooie ronde waarde van $2.00 per aandeel.

fc
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NexTech AR Solutions Reports First Quarter 2020 Results

NEW YORK and TORONTO, May 14, 2020 (GLOBE NEWSWIRE) -- NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, and Virtual Events, reported results of its first quarter ended March 31, 2020. All figures are prepared in accordance with International Financial Reporting Standards (IFRS) unless otherwise indicated.

Q1 2020 highlights:

Revenue grows 177% to $2.5 million
Gross Profit grows 267% to $1.3 million
Working Capital of $3.5 million
Full report has been filed and is available on SEDAR
Q1 earnings will be released after the close at 4:30pm
Bridge Name: Nextech AR Solutions
Conference ID: 597-9019
Dial in: +1 (435)-777-2200

Evan Gappelberg, CEO of NexTech. comments, “We are pleased to report that our first quarter 2020 results were positive and very strong across our business segments. These results were driven by new customer additions, expansion of product lines and increases in conversions from our e-commerce channels." He continues, “We are uniquely positioned with our AR e-commerce and Virtual Events business units to not just survive this pandemic but thrive because of it. Our pipeline of potential deals remains very high and sales activity continues to progress quickly. There has never been more business opportunity in our lifetime for virtual learning, virtual conferences, or virtual events, and e-commerce”.

Kashif Malik, CFO of NexTech comments, “I am very pleased that our team has responded so well to the restrictions imposed by COVID-19. Our level of engagement with customers and prospects remains high throughout the quarter. We were able to effectively deliver uninterrupted professional services to our customers despite the pandemic.”
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NexTech AR Files to Uplist on NASDAQ Capital Markets

NEW YORK, July 09, 2020 (GLOBE NEWSWIRE) -- NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, Video Conferencing and Virtual Events, is pleased to announce that NexTech has filed to uplist its stock to the Nasdaq Capital Market.

Evan Gappelberg, CEO of NexTech comments, “We have worked very hard to be able to meet the requirements for Nasdaq and believe that we check all the boxes. Our plan to move to a national exchange reflects our capital raising success, as well as the success and momentum in growing our video conferencing software platform InfernoAR and augmented reality business. We believe that listing on Nasdaq will help broaden our shareholder base, increase appeal to institutional investors, indexes and ETF’s and provide shareholders with better liquidity.”

Kashif Malik, CFO of NexTech comments, “I’m excited for the prospect of being listed on such a prestigious exchange as NASDAQ and have been working with our council and NASDAQ to ensure that we meet the criteria to be approved and to get our form 40-F registration statement and form F-X to the SEC.”

After extensive discussions with our council and the NASDAQ, the Company believes it will meet the requirements for listing NexTech’s common stock on The Nasdaq Capital Market. Although the timing is not certain and there can be no guarantee that the company gets approved to be listed the company is expecting the process to take 60 days.

Before any listing of the Company’s common stock on The NASDAQ Capital Market can occur, Nasdaq will need to give final approval of the Company’s listing application. The Company believes it currently meets all listing requirements for listing on The Nasdaq Capital Market. Notwithstanding the foregoing, no assurance can be given that the Company’s common stock will ultimately be listed on The Nasdaq Capital Market.

As part of the company's compensation plan it has issued 50,000 stock options to a consultant to the company at a strike price of $6.20 with 3 year vesting terms.

finance.yahoo.com/news/nextech-ar-fil...
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Vertraagd 26 okt 2022 18:52
Koers 0,891
Verschil 0,000 (0,00%)
Hoog 0,913
Laag 0,730
Volume 58.187
Volume gemiddeld 0
Volume gisteren 67.734

EU stocks, real time, by Cboe Europe Ltd.; Other, Euronext & US stocks by NYSE & Cboe BZX Exchange, 15 min. delayed
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