Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) announced that its subsidiary ARway has generated $450,000 in unaudited revenue for the seven-month period ending March 31, 2025, up 257% from the previous audited financial year.
The company, which specializes in AI-powered 3D modeling, also saw its gross margins improve to 95% from 90%, amounting to $427,000 in gross profits over the period.
Nextech3D.AI attributed its sharp growth to the successful integration of Map D’s technology and services into its operations.
The acquisition has not only enhanced ARway’s product offerings but also extended its market reach and reinforced its competitive position in the sector, the company said.
“With the success of the Map D acquisition and the continued strong performance of ARway, Nextech3D.AI is well-positioned for continued growth in the rapidly expanding AI, 3D modeling, and augmented reality sectors,” Nextech3D.AI said in a statement.