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Nextech AR Solutions (CSE:NTAR) (OTCQB:NEXCF) reports record FY 2021 results

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CSE:NTAR
23 March 2022 12:00 (EDT)

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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.

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