Nextech3D.ai Reports Strong 20% Q2 Sequential Revenue Growth With Gross Margins of 88% For the Three Months Ended September 30, 2025 ("Q2 2026")

Executive Summary

• Nextech3D.ai reported Q2 2025 revenue of $390,755, a 20% sequential increase but a 48% year‑over‑year decline to $756,476 in 2024.
• Gross margin expanded to 88% (up from 71% YoY), while operating loss narrowed 65% to $439 k and net loss improved 63% to $482 k.
• The company completed its acquisition of Eventdex in Q3 2025, adding ~$700 k of 2024 revenue and expanding the customer base to over 550 clients.

Key Details

• Revenue: $390,755 (Q2 2025) vs. $756,476 (Q2 2024), –48% YoY; +20% sequential from Q1 2025 ($325,000).
• Gross Margin: 88% in Q2 2025, up 17 percentage points from 71% YoY.
• Operating Loss: $439,000 in Q2 2025 vs. $1.25 M in Q2 2024 (‑65%).
• Net Loss: $482,000 in Q2 2025 vs. $1.31 M in Q2 2024 (‑63%).
• Deferred Revenue: $582,000 in Q2 2025, +186% YoY from $203,000 (reflecting multi‑year contracts and Map D adoption).
• Total Assets: $2.17 M as of Sep 30 2025, up 92% from $1.13 M a year earlier.
• Accounts Payable: Decreased 32% to $3.0 M from $4.4 M YoY.
• Acquisition – Eventdex: Closed in Q3 2025; generated ~$700 k revenue in 2024; adds complementary event‑technology suite and recurring revenue model.
• Customer Base: Combined platforms now serve >550 customers, enabling cross‑selling of registration, ticketing, floor mapping, AI matchmaking, and blockchain ticketing solutions.
• Strategic Outlook: Management expects continued margin expansion, cost discipline, and accelerated growth through 2026 leveraging the integrated Map D + Eventdex ecosystem.

Notable Quotes

“This quarter's results show meaningful progress on all fronts – profitability, margins, and recurring revenue… With Eventdex now integrated and demand accelerating, we see a clear path to sustainable growth through 2026 and beyond.” – Evan Gappelberg, CEO