Nextech3d.ai Announces That ARway Corp Sees Strong +83% Increase in Revenue and Achieves First-Ever Profit For The Three Months Ended June 30, 2025 ("Q1 2026")

Executive Summary

• Nextech3D.ai announced the financial and operational results for ARway for the three months ended June 30, 2025 (Q1 2026), marking ARway's first-ever profitable quarter.
• The company reported an 83% year-over-year revenue increase to $272,366, driven by the integration of the Map D event management platform.
• Nextech3D.ai is proceeding with the acquisition of 100% of ARway through a three-cornered amalgamation, expected to close in Q4 2025, subject to shareholder and regulatory approvals.

Key Details

• Revenue: Increased to $272,366 in Q1 2026, up 83% from $148,751 in Q1 2025.
• Gross Profit: Reached $259,074, a 74% improvement compared to $148,751 in the prior year period.
• Operating Expenses: Declined significantly to $229,470, down from $547,409 in Q1 2025, reflecting integration efficiencies and cost discipline.
• Net Income: Reported $29,604, compared to a net loss of ($398,658) in Q1 2025.
• Earnings Per Share: Breakeven at $0.00, compared to a ($0.01) loss per share in Q1 2025.
• Operational Drivers: Profitability attributed to the successful integration of Map D, a premier event management and ticketing SaaS platform acquired earlier in the year.
• Product Updates: Enhancements to ARway's no-code platform improved navigation accuracy, user experience, and integration flexibility.
• M&A Transaction Structure: The reacquisition will proceed via a three-cornered amalgamation where ARway amalgamates with a wholly-owned subsidiary of Nextech.
• Consideration: ARway shareholders will receive Nextech common shares in exchange for each ARway share held.
• Transaction Status: Final terms, including the exchange ratio and deemed price, will be disclosed in a forthcoming shareholder circular. Completion is subject to ARway shareholder approval, CSE approval, and customary closing conditions.
• Timeline: The transaction is expected to close in Q4 2025.
• Ownership Context: Nextech3D.ai already owned approximately 40% (15 million shares) of the 37 million shares outstanding in ARway prior to this announcement.

Notable Quotes

• "Our first profitable quarter is a turning point for ARway. The successful integration of Map D not only drove immediate revenue gains but also positions us for sustainable growth with a diversified product offering," said Evan Gappelberg, CEO of ARway.
• "This reacquisition represents the consolidation of our businesses into a stronger, more streamlined Nextech3D.ai. By fully integrating ARway with Map D, we are accelerating our vision of delivering a unified event technology suite powered by AI, 3D modeling, and immersive tools."