Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) CEO Evan Gappelberg talked with Proactive about the company’s transformation into an AI-first technology platform and the impact that has had on its financial results and future strategy.
Gappelberg explained that Nextech3D.ai had spent two years fundamentally rebuilding its 3D model production pipeline using generative AI and automation.
“This is a transformation that was not cosmetic,” he said, noting the company’s shift from a services-based studio to a scalable tech platform.
The company’s latest audited financials, covering a 15-month period ending March 31, show a significant increase in gross margins, from 30% to 64%, and a nearly 60% reduction in cash burn.
Gappelberg attributed this to disciplined cost control and a lean operational model enabled by AI.
He also discussed the launch of Nextech’s Map D AI Event Solutions platform, combining features like real-time navigation, lead capture, and crypto payments.
The company is aiming to scale revenues now that margins and costs are optimized.
“We’re starting to accelerate towards sustainable and profitable growth,” he said.
Looking ahead, Nextech3D.ai plans to lead in 3D modeling for e-commerce and event tech, powered by AI and blockchain infrastructure.