• Nextech AR Solutions (NTAR) reports its  financial and operating results for the full year and fourth quarter 2021 ending December 31st, 2021
  • Highlights include 2021 record revenue of $25.9 million and gross profit of $9.8 million
  • 2021 renewable software license revenue of $1.4 million, an increase of 316 per cent from 2020
  • CEO Evan Gappelberg joined Dave Jackson to discuss the results
  • Nextech AR Solutions is a metaverse company active in augmented reality, 3D modelling, holograms and 360° portals
  • Nextech (NTAR) opened trading at C$1.15 per share

Nextech AR Solutions (NTAR) has reported its financial and operating results for the full year and fourth quarter of 2021.

CEO Evan Gappelberg joined Dave Jackson to discuss the results.

Highlights include annual total revenue of $25.9 million (up 47 per cent from 2020) and total gross profit of $9.8 million.

Renewable software license revenues increased by 316 per cent to $1.4 million in 2021.

Nextech will host a conference call to discuss the results on March 22nd, 2022 at 6:00 pm ET.

Nextech AR Solutions is a metaverse company active in augmented reality, 3D modelling, holograms and 360° portals.

Nextech (NTAR) opened trading at C$1.15 per share.

More From The Market Online

Mobix secures FAA drone platform certification, paving the way for commercial deployment

Mobix Labs (NASDAQ:MOBX) secured FAA certification for its next gen drone based sensing platform, enabling broader field operations.

An early look at a company positioned at Canada’s critical‑minerals frontier

MetalQuest Mining (TSXV:MQM) is an exploration company focused on the acquisition, exploration, and development of Canadian mineral properties

Five key facts you need to know about the Sedna Copper Project

The Viridian Metals (CSE:VRDN) team is preparing for its site visit to the Sedna project in Labrador. This isn’t just another copper showing.