FDBL - NexTech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF) Posts Impressive Financial Performance For Second Quarter of 2021 Fiscal Year
- NexTech announced its financials for Q2 of the 2021 financial year, showing revenue totaling $6.1 million, a 73% year-over-year increase from the same period in 2020
- Gross profit also grew from $2.2 million in Q2 2020 to $2.3 million in Q2 2021, representing a 6% growth
- NexTech attributes improvement in performance to a more self-serve, highly scalable business model, better able to take advantage of the growing augmented reality industry
On August 12, 2021, NexTech AR Solutions (CSE: NTAR) (OTCQB: NEXCF) hosted a virtual conference discussing its results for the second quarter (“Q2”) 2021 fiscal year. Evan Gappelberg, the company’s Chief Executive Officer, and Andrew Chan, the Chief Financial Officer, discussed the company’s financial and operating results, followed by a live chat option where the audience asked questions later answered at the end of the event (https://ibn.fm/bAraC).
Focus of the conference was on NexTech’s impressive performance over the three months that ended June 30, 2021. Revenue during that period totaled $6.1 million, a growth of over 73% compared to the same period in the...
NOTE TO INVESTORS: The latest news and updates relating to NEXCF are available in the company’s newsroom at http://ibn.fm/NEXCF
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@NetworkNewsWire.com
InvestorWire is part of the InvestorBrandNetwork.