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Posted On: 03/23/2021 5:04:54 PM
Post# of 177
NetworkNewsBreaks – Nextech AR Solutions Corp. (OTCQB: NEXCF) (NEO: NTAR.NE) (CSE: NTAR) (FSE: N29) Projects over 150% Revenue Increase for 2021
Nextech (OTCQB: NEXCF) (NEO: NTAR.NE) (CSE: NTAR) (FSE: N29), a leading provider of virtual and augmented reality (“AR”) experience technologies and services for eCommerce, education, advertising, conferences and events, has projected its revenues will increase by over 150%. “With its newly launched 3D ad network now bolstering its operations, Nextech AR is projecting revenues in excess of $50 million for 2021,” reads an article on Nextech’s developments and prospects. The projections are an increase from the figures reported in 2020. “As noted in its latest investor presentation, the company achieved record bookings in Q4 2020 of $7.3 million (estimated), marking a greater than 275% year-over-year increase. The company also realized greater than 235% revenue growth for calendar 2020, reporting $20 million for the 12-month period. Nextech AR attributes its 2020 increase in revenues to the contracts secured with new customers, expanded agreements with existing customers and additional conversions from e-commerce channels.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Nextech (OTCQB: NEXCF) (NEO: NTAR.NE) (CSE: NTAR) (FSE: N29), a leading provider of virtual and augmented reality (“AR”) experience technologies and services for eCommerce, education, advertising, conferences and events, has projected its revenues will increase by over 150%. “With its newly launched 3D ad network now bolstering its operations, Nextech AR is projecting revenues in excess of $50 million for 2021,” reads an article on Nextech’s developments and prospects. The projections are an increase from the figures reported in 2020. “As noted in its latest investor presentation, the company achieved record bookings in Q4 2020 of $7.3 million (estimated), marking a greater than 275% year-over-year increase. The company also realized greater than 235% revenue growth for calendar 2020, reporting $20 million for the 12-month period. Nextech AR attributes its 2020 increase in revenues to the contracts secured with new customers, expanded agreements with existing customers and additional conversions from e-commerce channels.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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