NexTech is Presenting at Wall Street Reporter's “NEXT SUPER STOCK” Livestream Conference on May 7th, 2020
NEW YORK and TORONTO, May 06, 2020 (GLOBE NEWSWIRE) -- NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, and Virtual Events, is pleased to announce that
NexTech CEO Evan Gappelberg will be presenting at Wall Street Reporter’s “Next Super Stock” livestream conference on May 7th, 2020.
Evan will update investors on NexTech’s latest technological advances, the recent acquisition of Virtual Events platform Jolokia and record revenue growth, as the company pursues four multi-billion dollar verticals in AR.
NexTech’s live presentation will take place at 12:30PM Eastern, on Thursday May 7th.
The 20-minute presentation will be followed by a question and answer session. To learn more about the event, and sign up for free, click:
For those unable to join the live event, a video of the presentation will be posted later.
Lesen Sie auch
About "Next Super Stock Live!" conference:
Wall Street Reporter's "NEXT SUPER STOCK Live!" The conference is dedicated to featuring select companies that have near-term catalysts in place which can drive transformational growth (and stock
appreciation) in the months ahead.
Recent Company Highlights in 2020:
- On 5/5/2020 NexTech announced that CEO Evan Gappelberg purchased 929,885 common shares of NexTech common stock, his third purchase for the year 2020.
- On 4/30/2020 the company acquired virtual events, remote video training, live streaming software company Jolokia; whose customers include Merck,
Johnson & Johnson, Toyota, Viacom, Polycom and others. The Jolokia platform generated $1mill USD in SaaS revenue for 2019.
- The Aritize360 app launching in May. The app, once launched, will be a boost to the revenue-generating power of the existing AR eCommerce solution and recently launched 3D/AR advertising
platform.
- The company achieved $800,000 in revenue for the month of January 2020 and gross profits of $528,000 representing a 66% Gross profit versus a 59% gross profit last month. This is the highest
revenue achieved in a single month for NexTech, which represents a 110% increase in revenue and 172% increase in gross profits year over year.
- For the month of February of $685,000 and gross profit margin of 66% or $450,000 representing a 184% increase in revenue and 271% increase in gross profits year over year.
- The company received an additional 2020 order from Walther Arms, most famous as the manufacturer of James Bond's Walther PPK.