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Nextech AR reports record revenue for 2021 as more customers take up its metaverse technology

Nextech AR reports record revenue for 2021 as more customers take up its metaverse technology

Nextech AR Solutions Corp CEO Evan Gappelberg joined Proactive's Stephen Gunnion to discuss the company's 2021 financial results, which show record revenue of $25.9 million, a 47% increase from the previous year.

Gappelberg telling Proactive that renewable software licenses rose 316% to $1.4 million over the year to December 31, 2021, as the metaverse company focuses on growing annual recurring revenue.

With new auditors and a new law firm behind it, Gappelberg said Nextech is now preparing for a Nasdaq uplisting.

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