AINewsBreaks — Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS) Releases Preliminary 2023 Revenue Numbers, Notes ‘Consistent Profit Margins’
Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS), a generative artificial-intelligence (“AI”)-powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers, is reporting on its preliminary unaudited financial and operating results for FY 2023, ended Dec. 31, 2023. According to the report, the unaudited results show impressive growth, with annual revenue coming in at an estimated $5 million, a 56%-plus increase compared to $3.2 million in 2022; the report also noted 70,000 3D models have been created to date. The report also estimated annual gross profit margin at 30%, which the company is anticipating will increase dramatically in…