Nextech3D.ai Reports Fiscal Year 2023 and Fourth Quarter 2023 Audited Financial Results [Yahoo! Finance]
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Source: Yahoo! Finance
TORONTO, ON / ACCESSWIRE / April 29, 2024 / Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a patented 2D-3D Generative AI-Powered 3D model supplier (Patent #11,948,248) for Amazon, Miele, P&G, Kohls, Wesfarmers Group "Bunnings" and other major e-commerce retailers reports its Fiscal Year 2023 and Fourth Quarter 2023 Financial Results the year ended December 31, 2023. Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer today after the close where Nextech3D.ai will host a conference call to discuss these financial results. Evan Gappelberg - CEO Commentary: Preliminary Annual 2023 Financial Highlights 2023 Annual revenue growth of + 56% 2023 Annual revenue of $5 million compared to $3.2 million in 2022 70,000 3D models created to date 2024 Outlook New demand for 3D models expected to gain momentum throughout the year driven by large enterprise customers 2023-Cost cutting measures and pivot to India to reduce the company's burn
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