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NexTech AR Solutions Corp NEXC
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Posted On: 04/16/2021 4:51:37 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (NEO: NTAR) (FSE: N29) (OTCQB: NEXCF) Releases Financial Report for Q4 2020

Nextech AR Solutions (CSE: NTAR) (NEO: NTAR) (FSE: N29) (OTCQB: NEXCF), a developer and operator of augmented reality (“AR”) platforms, has released its financial and operating results for Q4 and fiscal year ending Dec. 31, 2020. Highlights from the report include several significant financial achievements, including revenue for the period reaching $17.7 million, an increase of 342% when compared to the period ended Dec. 31, 2019. In addition, the company reported gross profit of $9.9 million, an increase of 320% compared to the period ended Dec. 31, 2019. In addition, Nextech also reported $13.6 working capital. The company’s audited financial statements for the year and its MD&A are available on the company website and are filed on SEDAR.

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