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South Korea's Ryu and Japan's Saigo share LPGA Chevron lead
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Canada leaders make closing pitches in campaign upended by Trump
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Lyon and Strasbourg win to close in on Europe, Montpellier relegated from Ligue 1
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Olympic champs Russell, Davis-Woodhall win at Drake Relays
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Browns end Sanders long draft slide
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Cavs crush Heat, on brink of NBA playoff sweep
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Kiwi Beamish wins Penn Relays 1,500m crown with late kick
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Mbappe on Real Madrid bench for Clasico Copa del Rey final
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England survive France fightback to seal Women's 6 Nations slam
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Palace sweep past Villa to reach FA Cup final
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CAF appoint Moroccan Lekjaa first vice-president
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Major blast at Iran port kills 5, injures hundreds
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Rodgers vows to stay with Celtic after fourth successive Scottish title
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Ipswich relegated as Newcastle, Chelsea boost top five bids
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Canada leaders make final pitches in campaign upended by Trump
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Mullins -- Ireland's national training treasure
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US, Iran say progress in 'positive' nuclear talks
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Mullins emulates O'Brien with second successive trainer's title
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Ipswich relegated after one season in Premier League
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Just Stop Oil activist group holds final march
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Djokovic crashes to nervous Arnaldi in Madrid opener
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Syria's Kurds demand 'democratic decentralised' Syria
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Leverkusen win to delay Bayern and Kane's title party
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Buenos Aires farewells native pontiff with tears and calls to action
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Turkey's opposition says Erdogan's canal plan behind latest arrests
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Maresca hails 'nasty' Chelsea as top five bid stays alive
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Trump raises Putin doubts after Zelensky talks at pope's funeral
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Major blast at Iran port kills 4, injures hundreds
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Napoleon's sword to be sold at auction in Paris
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Iran, US discuss nuclear deal in third round of talks
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Buenos Aires farewells native pontiff with call to action
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Warholm sets hurdles world record at Diamond League, Holloway shocked
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US students 'race' sperm in reproductive health stunt
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Wikileaks founder Assange joins crowds for pope funeral
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Leader Marc Marquez claims Spanish MotoGP sprint victory
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Celtic win fourth successive Scottish Premiership title
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Jackson ends drought as Chelsea boost top five push
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Warholm sets 300m hurdles world record in Diamond League opener
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Major blast at south Iran port kills 4, injures hundreds
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Russia says retook Kursk from Ukraine with North Korean help
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Francis laid to rest as 400,000 mourn pope 'with an open heart'
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Trump, Zelensky meet on sidelines of pope's funeral
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Nextech3D.ai Reports YTD Revenue of $2.9 Million and and Gross Profit of $1.88 Million, Q3 2024 Revenue of $756,476 with Gross Profit Margin of 71% or $537,503
2024 Highlights
Now Amazon Certified 3D Content Provider
Launches 100% AI Generated FOTOgpt.ai Toggle Studio
Issued 2D-3D Patent #11,948,248
2024 Highlights
Now Amazon Certified 3D Content Provider
Launches 100% AI Generated FOTOgpt.ai Toggle Studio
Issued 2D-3D Patent #11,948,248
Nextech3D.AI (OTCQB:NEXCF)(CSE:NTAR)(FSE:1SS), a frontrunner in generative AI-powered 3D modeling technology for major e-commerce entities such as Amazon, other major e-commerce retailers reports its unaudited financial and operating results for its second quarter ended September 30th, 2024.
Financial Performance
Revenue: $756,476
Gross Profit Margin: 71% or $537,503
Operational Highlights
3D Modeling Business: We continue to innovate and push our AI technology forward in our core 3D modeling business, delivering thousands of high-quality 3D models to our diverse customer base on a monthly basis.
Strategic Initiatives
While we are struggling to gain momentum in our 3D modeling business we are continuing to invest in AI. Notably the Toggle Studio FOTOgpt.ai which we are launching next month and into Q1 2025.
Looking ahead at the business opportunities into 2025:
- 3D modeling business as evident by the Q3 numbers released today 3D modeling business continues to struggle to gain momentum as more competition has come to market from all over the world. While we continue to work with Amazon, as one of the certified 3D model suppliers for the Amazon platform, we are cautiously optimistic about future demand from Amazon.
- Toggle Studio (CSE:TGGL)(OTCQB:TGGLF) of which Nextech owns 13 million shares continues to build its AI Studio for both 2D and 3D applications. Notably its new AI photography studio FOTOgpt.ai. The company believes that this has significant growth potential which is launching in December 2024.
- ARway.ai (CSE:ARWY)(OTCQB:ARWYF) of which Nextech owns 15 million shares continues to generate significant revenue and cash flow primarily through its mapping software. This business which has been around for almost two decades is continuing to build its new capabilities with new AI features that the company believes will ignite sales.
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For more information and full report go to
https://www.sedarplus.ca
For further information, please contact:
Nextech3D.ai
Evan Gappelberg / CEO and Director
866-ARITIZE (274-8493)
About Nextech3D.ai Nextech3D.ai or the "Company," (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS), is a versatile augmented reality and AI technology company that utilizes its proprietary artificial intelligence (AI) to craft immersive 3D experiences at scale for manufacturers with CAD files and for E-COMMERCE merchants. The Company's primary focus lies in creating high-quality 3D WebAR photorealistic models for Amazon and various other online retailers with patented 2D-3D technology.
Forward-looking Statements The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, "will be" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
SOURCE: Nextech3D.ai
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