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Earnings

Nextech3D.AI loses $482,000 in fiscal Q2

By The Northwire Desk — AI Analysis Oct 30, 2025 · 17:17 NTAR · 0.185 Nextech3D.AI Corp
NTAR · Price

Executive Summary

  • Nextech3D.AI reported a 20% sequential revenue increase to $390,755 for Q2 2025, with gross margins expanding to 88%.
  • Net loss narrowed by 63% year‑over‑year to $482,000 and operating loss fell 65% to $439,000.
  • The company completed its acquisition of Eventdex in Q3 2025, adding ~$700k of 2024 revenue and expanding the customer base to over 550 clients.

Key Details

  • Revenue: $390,755 in Q2 2025 vs. $325,000 in Q1 2025 (+20% QoQ).
  • Year‑over‑year revenue: $390,755 vs. $756,476 in FY 2024 (‑48%), reflecting the planned end of an Amazon 3‑D modelling contract in Q4 2024.
  • Gross Margin: 88% in Q2 2025, up from 71% in FY 2024 (+17 percentage points).
  • Operating Loss: $439,000 in Q2 2025 vs. $1.25 M in FY 2024 (‑65%).
  • Net Loss: $482,000 in Q2 2025 vs. $1.31 M in FY 2024 (‑63%).
  • Deferred Revenue: $582,000 in Q2 2025, up 186% YoY from $203,000, driven by multiyear contracts and Map D adoption.
  • Total Assets: $2.17 M, up 92% YoY from $1.13 M.
  • Accounts Payable: Decreased to $3.0 M from $4.4 M (‑32%).
  • Acquisition: Eventdex closed in Q3 2025; 2024 revenue of ~$700k, adds complementary product suite and recurring revenue model.
  • Customer Base: Combined platforms now serve >550 customers, enabling cross‑selling across registration, ticketing, mobile apps, floor mapping, AI matchmaking, and blockchain ticketing.

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

“With improved gross margins to 90 %, operating costs cut by more than 60 %, we narrowed our net loss by over 70 % and believe we have now firmly set the stage for profitability.” – Evan Gappelberg, CEO

Read the original news release →

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