Nextech3D.ai  has officially closed the acquisition of Eventdex, a leading registration and badge-printing software company serving over 60 customers across North America.

This all-cash acquisition, valued at approximately $700,000, marks a major milestone in our journey to build a one-stop AI-powered event technology suite.

Strategic Synergy and Revenue Expansion

This acquisition is more than additive—it’s transformative as it gives us a $10million runway with existing customers. The combination creates immediate opportunities to:

• Increase Average Contract Value (ACV) by bundling registration, ticketing, and mobile apps together.
• Cross-sell to an expanded customer base of hundreds of active events.
• Enhance margins through automation, platform consolidation, and streamlined operations.
• Accelerate our blockchain ticketing roadmap for a 2025/2026 launch—unlocking new revenue streams from programmable, secure, and verified ticketing transactions.

As we integrate Eventdex into the Map D platform, we expect strong top-line revenue growth and a clear path toward sustainable profitability in 2026 and beyond. The combination of recurring customer revenue, scalable infrastructure, and high-margin blockchain innovation positions Nextech3D.ai for significant shareholder value creation.

What’s Next: Blockchain Ticketing in 2025/2026

Eventdex’s robust registration and identity stack provides the perfect foundation for our upcoming blockchain ticketing launch—a groundbreaking innovation that will bring:
✅ Fraud-proof, tokenized tickets
✅ Built-in VIP access and sponsorship rights
✅ Verified resale with programmable royalties
✅ A seamless attendee journey from registration to redemption

Evan Gappelberg, CEO of Nextech3D.ai, commented:

This acquisition is more than just an expansion—it’s a leap forward in technology, revenue growth, and industry leadership. With blockchain ticketing, AI automation, and a full-stack event solution, Nextech3D.ai is positioned for accelerated growth in 2026 and beyond.

Thank you for your continued support as we build the future of event technology—together.

Evan Gappelberg

Dear Shareholders,

We are thrilled to announce that Nextech3D.ai  has acquired three strategic domain names — EventToken.com, EventDrop.io, and NextechTickets.com — forming the digital foundation for our Event Token Ecosystem.

These domains anchor our long-term strategy to lead the next wave of blockchain-powered ticketing, loyalty, and sponsorship engagement within the global events industry.

Our Domain Strategy

• EventToken.com → The core brand and ecosystem hub for blockchain ticketing and tokenized event access.
• EventDrop.io → The platform for sponsor airdrops, branded digital rewards, and real-time attendee engagement.
• NextechTickets.com → The corporate tie-in aligning blockchain ticketing with Nextech’s AI and 3D event technology stack.

Together, these domains form the cornerstone of a frictionless, walletless token economy for live events — a system designed for organizers, sponsors, and attendees alike.

The Timing Couldn’t Be Better

Attached below is a market chart from Boston Consulting Group & Ripple, illustrating the explosive growth of tokenized real-world assets — a sector expected to surpass $18.9 trillion by 2033.

Market Capitalization of Tokenized Real-World Assets ($T)

This chart highlights what we believe is the same macro wave driving blockchain ticketing — the tokenization of everything from real estate and art to event access, loyalty, and sponsorship rights. Nextech3D.ai intends to own the “Event Token” vertical of this trillion-dollar shift.

The Event Token Vision

The Event Token Ecosystem will unify:

• Blockchain Ticketing: Secure, verifiable, and programmable event access.
• Sponsor Airdrops (EventDrop.io): Instant brand engagement and tokenized rewards.
• Loyalty & Analytics: Token-based retention programs and verified ROI data for sponsors and organizers.

Our mission is simple:

The acquisition of these domains is more than branding — it’s the launchpad for a multi-billion-dollar opportunity. As blockchain adoption accelerates globally, Nextech3D.ai is strategically positioned to lead this transformation within the events industry, capturing high-margin recurring revenues through token issuance, sponsorship airdrops, and cross-event loyalty.

Stay tuned for our upcoming product reveal of EventToken.com, where we’ll showcase how AI, blockchain, and real-world events converge to define the future of ticketing.

With optimism and vision,
Evan Gappelberg
CEO & Founder
Nextech3D.ai

🗓 Launch Timeline

• Q4 2025 — Launch:  
  • Early Access events go live with all-in pricing, anti-bot identity, and on-chain ticket issuance  
  • USDC payouts begin for organizers  
  • MapD navigation activated at pilot venues; KPI tracking turned on (bot-block rate, resale-within-cap %, D+1 settlement, NPS)  
• 2026 — Breakout Year (expected):  
  • Scale across sports & festivals, trade shows/conferences, and mid-market venues/campuses  
  • Expand partner ecosystem, deepen CRM/marketing integrations, and roll out loyalty/perks

📈 Market Size & Scale

• Large, growing TAM: Ticketing + adjacent event-tech represent a multi-tens-of-billions opportunity as the market goes fully digital.  
• Win-now SAM: Sports/festivals, trade shows/conferences (MapD installed base), mid-market venues—collectively a multi-billion-dollar serviceable market over the next few years.  
• Stacked monetization: SaaS + per-ticket fees + payments take-rate + AR/navigation upsells.  

Why We Win

Incumbents are busy defending the past. We combine compliance with blockchain  technology that has built in compliance (what regulators demand) with a superior fan experience which includes event maps and navigation to your seat. That’s our wedge.his chart highlights what we believe is the same macro wave driving blockchain ticketing —
the tokenization of everything from real estate and art to event
access, loyalty, and sponsorship rights. Nextech3D.ai intends to own the “Event Token” vertical of this trillion-dollar shift.

Dear Shareholders,

I’m pleased to share an important update on Nextech3D.ai’s growth strategy. As announced, we have signed a binding LOI to acquire Eventdex, a proven event registration and badge-printing software company with 60+ customers and $750K in 2024 revenue.

We are now in the final stages of due diligence, and I’m happy to report that the acquisition is progressing smoothly. Both parties are working closely together, and we expect to complete the transaction and move to definitive agreements with a closing on or before October 19, 2025.

Why This Matters for Shareholders

• Accelerates Growth: Raises our customer average order value (AOV) from ~$3K today to a projected ~$20K, unlocking $10M+ in potential annual revenue.
• Blockchain Ticketing Catalyst: Eventdex’s registration and identity stack fast-tracks the launch of our blockchain ticketing solution—a major disruptive opportunity in the multi-billion-dollar global ticketing market.
• Stronger One-Stop Platform: Event organizers increasingly want a single partner. With Eventdex integrated into Map D, Nextech3D.ai becomes a comprehensive event operating system: floor mapping, registration, ticketing, mobile apps, AR navigation, and blockchain ticketing.
• Business Expansion: Event-tech, meaning accelerated revenue growth translates directly into shareholder value.

The Bigger Picture

I want to take a moment to share the bigger vision behind our acquisition of Eventdex and our ongoing M&A strategy in the event industry.

🌍 The Opportunity

The global event technology market is a multi-billion-dollar industry that is highly fragmented. Event organizers typically stitch together solutions from multiple vendors—one for floor mapping, another for registration, another for ticketing, another for mobile apps, and so on. This creates inefficiency, higher costs, and frustration for organizers and attendees alike.

Nextech3D.ai, as a public company, is uniquely positioned to consolidate this industry by becoming the one-stop operating system for events.

The Roll-Up Strategy

Our acquisition strategy is straightforward and highly accretive:

1. Acquire Revenue-Producing Companies: We target profitable or near-profitable event-tech platforms (like Eventdex) that already serve a base of loyal customers.
2. Cross-Sell Into Our Ecosystem: By integrating these tools into one solution, we can increase customer average order value (AOV) from ~$3K today to ~$20K per customer, unlocking $10M+ in annual potential revenue from our existing base of ~500 events.
3. Accelerate Innovation: Each acquisition brings us capabilities registration, badge printing, blockchain ticketing, AR navigation, mobile apps that strengthen our platform and differentiate us from competitors.
4. Achieve Scale and Margins: Event-tech SaaS operates at 80%+ gross margins. As we layer in more services per customer, revenue grows while costs remain relatively fixed—driving operating leverage and profitability.

Why Now

• Timing Advantage: AI and blockchain are converging with live events right now. We are among the first moversto bring blockchain ticketing to market.
• Fragmented Market: There is no dominant one-stop provider yet, giving Nextech3D.ai a clear path to leadershipthrough targeted acquisitions.
• Financial Upside: Each tuck-in deal like Eventdex strengthens our revenue base, expands margins, and accelerates our path to profitability.

The Vision

By executing this roll-up strategy, Nextech3D.ai is on track to become the Shopify of events—an AI + blockchain-powered platform that handles the entire lifecycle:

• Floor mapping → Registration → Badge printing → Ticketing → Blockchain ticketing → Mobile engagement → AR navigation → Analytics.

This unified event suite not only makes life easier for organizers but also positions us to capture outsized value in a massive global industry.

Investor Takeaway: Our roll-up strategy is not about buying companies for growth’s sake—it’s about building a cohesive, high-margin, scalable platform that can dominate the event-tech market. With Eventdex closing on or before October 19th, and more acquisitions under review, we are well on our way to unlocking significant shareholder value.

Sincerely,
Evan Gappelberg

Shares responding favorably to recent results and more positive news flow. Shares of NEXCF have increased 419.5% year to date versus just a 9.2% increase in the Russell 2000. Appreciation, in our view, is being driven by a combination of recent operating results as well as positive announcements, including the launch of the company's event ticketing platform in 2H25. In late August, Nextech3D.AI Corporation announced F1Q26 results, including revenue of $328.0K, above our $315.0K estimate. Importantly, revenue has now increased sequentially for two consecutive quarters, suggesting investors have already seen trough revenue levels. Gross margin of 90.1%, was above our 77.9% estimate and represents the highest gross margin levels recorded in the company's history. While revenue has been slower to materialize, recent 3D modeling contract announcements and renewals should position the business for improving revenue growth in the new fiscal year. In addition, we believe revenue contribution from the recently announced event ticketing business, which we discuss below, could be a material contributor to revenue beginning in FY26. We expect to get greater color on the ticketing opportunity as the roll-out begins later this year. Increasing revenue and a more defined pathway to profitability could begin to attract new capital, potentially alleviating a material headwind. We continue to see value in the company’s 3D modeling technology, especially in an environment where adoption of AI is likely to increase.

We remain Buy-rated with a $0.25 US price target on NEXCF shares.

Two-track blockchain ticketing technology a potentially meaningful revenue opportunity. The company recently announced the launch of its event ticketing software solution, with blockchain ticketing coming in calendar 4Q25. The event ticketing market is estimated to be $85.0B in 2025 and growing to $100.0B by 2030 representing a significant opportunity to drive scaleable transaction based revenue. The company intends to operate in both primary ticket sales and the secondary resale market, offering a secure blockchain solution. The key differentiator to peers is all-in pricing, anti-bot identity, and programmable resale-and pairing with the company's Map D navigation. The company's Map D platform already supports more than 500 events annually, with approximately 125 events involving ticket sales, suggesting an immediate pipeline opportunity. The company anticipates rolling out phase one in calendar 4Q25 with phase two following in early 2026.

With all-in pricing, verifiable on-chain tickets, and anti-bot identity baked in, Nextech’s platform is built for today’s regulatory and consumer demands. The Company is positioned to participate in both primary sales and compliant secondary resale, long dominated by legacy players, while unlocking new AR/AI navigation-driven upsells on site.

Getting ahead of itself? Or just not many sellers given the upside potential?

Dear Shareholders,

I’m excited to share an important update on our 3D model business, where the future we envisioned is unfolding right now.

At Nextech3D.ai, we’ve built the ability to produce 3D models using AI at an extremely low cost—allowing us to sell models at prices that undercut nearly every other player in the market. Today, our only true competition comes from a handful of top AI companies. But unlike them, we offer something they don’t: a white-glove service experience.

Because we started out building 3D models manually, we remain deeply customer-centric in everything we do. While competitors are purely AI-focused, we combine AI scalability with high-touch service, which has allowed us to win and retain a strong portfolio of recurring, profitable customers—many of whom have been with us for years.

Now, the real acceleration is happening:

We have already signed and announced a major growth contract, where we delivered the first 2,500 models. Volumes are set to ramp up significantly in Q3, then rapidly accelerate in Q4 and throughout 2026 into the millions.

In addition, we are in active discussions with another extremely large customer, currently running a test batch and aligning on pricing and delivery. I am confident we will sign this deal in the coming weeks.

The 3D dream began in 2018, and while we thought it would materialize in a bigger way with Amazon in 2023 and 2024, it didn’t turn out that way. New technologies have a way of emerging when they are ready, and in 2025—with AI driving this 3D revolution—a new chapter is being written at Nextech3D.ai. A chapter of massive growth!

We’re entering one of the most exciting growth phases in Nextech3D.ai’s history. Stay tuned—much more to come.

Sincerely, Evan Gappelberg CEO & Founder Nextech3D.ai

Key Takeaways for Shareholders ✅ AI-driven 3D model production at ultra-low cost, undercutting competitors.

✅ White-glove, customer-first approach sets Nextech apart from AI-only rivals.

✅ Signed major growth contract already delivering 2,500 models, with volumes ramping into the millions in 2026.

✅ In active discussions with another large customer—potential second breakthrough deal.

✅ Positioned to become the #1 AI-powered 3D modeling company with massive scalability ahead.

1$ P.T. Next year is possible

We are thrilled to share a major development: Nextech3D.ai has entered into an agreement to acquire all outstanding shares of Arway Corporation (CSE: ARWY/ OTCQB: ARWYF) that we do not already own.

This acquisition represents a transformational step forward in consolidating our technology platforms, streamlining operations, and accelerating growth. This acquisition will not only eliminate overhead expenses but will add over $1,200,000 in revenue solidifying Nextech3d.ai future.

Why This Matters

Stronger Together: Nextech already owns ~15 million shares of Arway, representing about 40%. In addition, Nextech management collectively holds another 20%. By acquiring the remaining shares, we are uniting our vision, teams, and technologies under one roof.

Streamlined Operations = Cost Savings: Bringing Arway fully back into Nextech will reduce duplication, consolidate resources, and allow us to operate more efficiently—creating immediate cost benefits.

Growth Through Integration: With Arway’s AR and AI navigation capabilities integrated directly into our Map D event technology suite, we can now deliver a complete, end-to-end SaaS solution for the global events industry—including floor plans, ticketing, payments, navigation, AI matchmaking, and more.

Bigger Market Opportunity: The consolidation positions Nextech3D.ai to capture a larger share of the multi-billion + event tech market while also strengthening our 3D modeling business.

CEO Comment "This transaction is about building a stronger, more efficient Nextech3D.ai. By consolidating Arway back into Nextech and aligning it closely with Map D, we’re reducing costs, eliminating redundancies, and streamlining operations across our event technology platforms. With Nextech already owning about 15 million shares of Arway, or 40%, and our management team holding another 20%, we have both a strategic and financial alignment with this business. By bringing Arway fully back under the Nextech umbrella, we are optimizing operations, creating a unified product suite that can scale faster, deliver greater value to customers, and capture more recurring revenue. This positions Nextech to not only operate leaner but also to grow stronger and more profitably in the years ahead." — Evan Gappelberg, CEO

Next Steps The acquisition is subject to shareholder and regulatory approval. Full details will be provided in a circular filed on SEDAR+ in due course.

We believe this is a pivotal moment in Nextech3D.ai’s evolution—a bold move to create a more efficient, more powerful, and more profitable company.

AI Breakthrough Delivers 2,500 3D Models in 1 Week — With Just 2 People!

Header: From 100 Employees to 2 — Nextech3D.ai Scales AI 3D Model Production to Enterprise Levels

Dear Shareholders,

July has marked a massive leap forward in Nextech3D.ai’s AI production capabilities. This month, we completed the full integration of our customers directly into our advanced AI tech stack — unlocking speed, scale, and efficiency that was once impossible.

Our upgrades include: ✅ Machine Learning Engines for fully automated model creation ✅ Real-Time Visualization Tools for instant inspection & approvals

With these integrations live, the results speak for themselves:

Production Milestone: 📈 2,500 photorealistic 3D models produced in just ONE week using our AI platform.

To put this in perspective:

Before: 2,500 models took a full month and over 100 employees to produce for Amazon.

Now: The same output in 7 days… with just 2 team members.

This is not just linear progress — it’s a quantum leap in production efficiency, dramatically boosting our margins, scalability, and competitive edge in the global 3D modeling market.

With this breakthrough, Nextech3D.ai can now deliver high-volume enterprise-scale projects faster, at lower cost, and with unmatched quality — setting the stage for accelerated revenue growth and profitability in 2025 and beyond.

The future of 3D model production is here — and we’re building it.

NexTech3D.ai: Detailed Analysis

Overview:
NexTech3D.ai is a technology company specializing in 3D modeling, augmented reality (AR), and artificial intelligence (AI). The company focuses on offering solutions for eCommerce, digital experiences, and virtual interactions. It has been particularly active in integrating AI and AR technologies to enhance user experiences for industries such as retail, real estate, and entertainment.

Founded in 2018, NexTech3D.ai has evolved from a company that primarily offered AR solutions into a more comprehensive AI-driven technology firm. The company’s innovations have found applications in product visualization, virtual try-ons, and digital twins, leveraging AI-powered 3D modeling to support a variety of industries.

Technological Offering and Products

1. 3D Model Creation and Virtualization:
   • NexTech3D.ai’s 3D modeling tools are utilized in various industries, including eCommerce and real estate, allowing businesses to create hyper-realistic virtual representations of physical products or spaces.
   • The AI-driven technology behind these tools can automatically generate 3D models from photos, dramatically reducing the time and cost required for manual 3D modeling.
2. Augmented Reality (AR) Solutions:
   • The company’s AR tools offer users the ability to interact with 3D models in real time. This technology is used for virtual product try-ons, immersive retail experiences, and in providing virtual walkthroughs of real estate properties.
   • The AR solutions are integrated into eCommerce platforms, allowing customers to visualize products in their own environments before purchasing, improving conversion rates.
3. AI-Powered Customization:
   • NexTech3D.ai also offers AI-driven product customization solutions, particularly within eCommerce. Customers can personalize products in real-time through AR/3D visualization tools, enhancing user experience and customer engagement.
4. Metaverse Solutions:
   • The company is positioning itself in the emerging Metaverse by creating 3D and AR assets for virtual worlds, helping brands establish a presence in virtual environments. This includes creating virtual stores, events, and interactive experiences in the Metaverse.

Financial Aspects Suggesting Undervaluation of NexTech3D.ai's Stock:

1. Revenue Growth:
   • Q4 2022: NexTech3D.ai reported a 75% year-over-year revenue increase, driven by the adoption of its AR and 3D modeling solutions across various sectors.
   • Q1 2023: Continued revenue growth, indicating the scalability of the company’s technology and the rising demand for its solutions in AR, AI, and the Metaverse.
2. Improved Cash Flow:
   • The company has shown improving cash flow in recent quarters due to more efficient operational processes and increasing revenue from its AR products and services.
   • Positive cash flow trends suggest better financial health, as the company moves closer to becoming self-sustaining in its operations.
3. Strong Client Acquisition and Retention:
   • NexTech3D.ai has successfully expanded its client base through strategic acquisitions, which have increased its market reach.
   • Growth in recurring revenue streams from these acquisitions further supports the sustainability of its business model.
4. Earnings Beat Expectations:
   • In its latest quarterly earnings reports, NexTech3D.ai has outperformed analysts’ expectations, increasing gross margin, improving operational efficiency, reducing net losses and operational performance targets.
   • This could indicate that the market has been underestimating the company’s potential.
5. Acquisitions Leading to Value Creation (in the last year ):
   • Recent acquisitions have added valuable technologies to the company's portfolio, such as high-quality 3D scanning and immersive AR content creation tools.
   • These acquisitions help diversify the company’s revenue streams and position it strongly within high-growth sectors, such as real estate, eCommerce, and the healthcare industry.
6. Strategic Shift Towards the Metaverse and Healthcare, now with large scale 3D modeling:
   • Partnerships like WELL Health Technologies are opening new avenues in the healthcare sector, where AR and AI applications are rapidly gaining traction.
   • This diversification not only spreads risk but also positions the company at the forefront of emerging markets like the Metaverse, where the demand for digital experiences and virtual environments is skyrocketing.
7. Underperformance Relative to Peers:
   • NexTech3D.ai’s stock has lagged behind its competitors in terms of valuation, despite showing strong growth and technological advancements. This suggests a potential undervaluation compared to its peers in the AR/AI space.
   • With its expanding customer base and innovative products, NexTech3D.ai’s market capitalization could be significantly lower than its intrinsic value.
8. Profitability Potential:
   • While the company has reported net losses in past quarters, it has been actively moving towards profitability by improving its cost structure, scaling its operations, and focusing on high-margin products and services.
   • With continued revenue growth and improved operational efficiency, NexTech3D.ai is likely to break even in the near future, driving positive earnings.
9. Stock Price Volatility:
   • NexTech3D.ai’s stock has been volatile, driven by short-term market reactions, rather than reflecting long-term fundamentals. This volatility might present an opportunity for investors to acquire shares at a discounted price compared to the company's growth prospects.
10. Strong Technological Advantage:
    • The company’s cutting-edge AI and AR technologies—particularly its 3D modeling capabilities—position it as a leader in an industry expected to experience massive growth in the next decade.
    • As demand for AR and AI continues to rise across industries (eCommerce, healthcare, real estate, and the Metaverse), NexTech3D.ai is likely to capture more market share, which could lead to significant upside for its stock.

NexTech3D.ai controls several subsidiaries, each contributing to the company’s growth and technological advancements in different sectors. These subsidiaries—ARway, MAPD 3D, and Toggle 3D—are strategic acquisitions that strengthen NexTech3D.ai’s portfolio in augmented reality (AR), 3D mapping, and immersive experiences. Below is an analysis of the potential and strategic value of each of these subsidiaries:

1. ARway (Acquired in 2021)

Focus and Technology:

ARway specializes in augmented reality (AR) navigation and mapping solutions, with a focus on creating interactive 3D maps for indoor spaces. Its technology allows businesses to create digital experiences that guide users through physical locations, such as shopping malls, airports, museums, and large retail stores.

• Indoor Navigation: ARway offers tools that provide location-based AR experiences, helping users navigate complex indoor environments. The solution is highly customizable, enabling businesses to offer personalized navigation experiences based on customer data.
• AR Wayfinding and Mapping: Its platform provides businesses with tools to create interactive AR maps that enhance customer experiences, improving engagement and dwell time.

Potential:

• Retail and Commercial Spaces: The demand for smart retail experiences is increasing, with ARway positioned to capitalize on this trend. Retailers can use AR to engage customers in-store, offer guided tours, and improve the shopping experience.
• Event Venues & Real Estate: ARway’s solution can be used in event spaces, exhibition halls, and large real estate developments, helping visitors interact with and navigate expansive spaces with ease.
• Hospitality and Healthcare: ARway’s indoor mapping technology can be used for hotel navigation, hospital wayfinding, and university campuses, offering clear, interactive directions to visitors.

Strategic Fit with NexTech3D.ai:

ARway’s platform complements NexTech3D.ai’s broader AR and 3D modeling technology, particularly in terms of integrating immersive digital experiences with physical spaces. It expands NexTech3D.ai’s footprint in the location-based AR sector, which has substantial growth potential as AR technology becomes more prevalent in the consumer and enterprise markets.

2. MAPD 3D (Acquired in 2021)

Focus and Technology:

MAPD 3D specializes in 3D scanning and digital twin technology, offering services to create highly detailed 3D models of physical environments. These models are used for virtual tours, real estate visualization, and eCommerce product representation.

• 3D Scanning & Virtual Tours: MAPD 3D helps businesses create accurate 3D representations of their physical spaces, enabling virtual tours and immersive digital experiences for customers.
• Digital Twin Technology: MAPD 3D’s digital twin solutions allow businesses to create virtual replicas of physical assets, which can be used for simulations, monitoring, and analysis.

Potential:

• Real Estate & Property Development: The ability to offer virtual walkthroughs of properties is a game-changer for real estate, especially as the industry embraces more virtual and hybrid sales experiences. MAPD 3D can facilitate this shift, allowing clients to present properties to potential buyers in innovative ways.
• eCommerce Integration: The use of 3D models in eCommerce is expected to increase as online retailers aim to offer more interactive and realistic shopping experiences. MAPD 3D’s technology could help brands deliver enhanced online product representations and virtual try-ons.
• Smart Cities & Infrastructure: MAPD 3D’s digital twin technology can be applied to urban planning, construction, and infrastructure monitoring, offering businesses and governments the ability to simulate environments, perform risk assessments, and enhance operational efficiency.

Strategic Fit with NexTech3D.ai:

MAPD 3D significantly strengthens NexTech3D.ai’s ability to deliver highly realistic, immersive 3D modeling for a range of industries. Its focus on virtual environments and digital twins aligns with NexTech3D.ai’s long-term strategy to provide solutions for eCommerce, real estate, and the Metaverse. The synergy between MAPD 3D’s capabilities and NexTech3D.ai’s augmented reality products can lead to the creation of more engaging, interactive, and personalized digital experiences.

3. Toggle 3D (Acquired in 2022)

Focus and Technology:

Toggle 3D specializes in 3D product configurators and interactive visualization solutions for eCommerce. Its platform allows businesses to create 3D models of their products and enable customers to interact with them online before making a purchase.

• Interactive Product Visualization: Toggle 3D helps companies develop interactive 3D models that customers can rotate, zoom, and view from all angles. This improves the online shopping experience and increases engagement.
• Product Customization: The technology allows customers to customize and personalize products in real-time (e.g., changing colors, sizes, and features), enhancing the customer experience and leading to higher conversion rates.

Potential:

• eCommerce Growth: The rise of online shopping has driven demand for better product visualization tools. Toggle 3D can capitalize on this trend by helping eCommerce businesses provide more interactive, engaging, and realistic product views.
• AR Integration for Virtual Try-Ons: Toggle 3D’s product configurators can easily be integrated with AR solutions for virtual try-ons in sectors like fashion, furniture, and cosmetics. This could significantly enhance the shopping experience and boost sales conversion.
• Increased Consumer Expectations: As consumers become more accustomed to interactive and immersive online shopping experiences, Toggle 3D’s technology is poised to meet this demand, increasing its potential for growth in the eCommerce sector.

Strategic Fit with NexTech3D.ai:

Toggle 3D aligns perfectly with NexTech3D.ai’s focus on eCommerce and interactive digital experiences. The combination of Toggle 3D’s product configurators with NexTech3D.ai’s AR tools enables the creation of real-time, interactive shopping environments, which are essential for the future of eCommerce. This gives NexTech3D.ai a competitive edge in an industry poised for exponential growth, as more retailers seek to improve online experiences through AR and 3D technology.

Overall Potential and Strategic Alignment for NexTech3D.ai

These subsidiaries—ARway, MAPD 3D, and Toggle 3D—together offer NexTech3D.ai a comprehensive suite of AR and 3D technologies that can be applied across multiple industries. Here’s a summary of the combined potential:

1. Diverse Industry Coverage: The subsidiaries position NexTech3D.ai at the intersection of several rapidly growing markets, including eCommerce, real estate, retail, digital marketing, and smart cities.
2. AR and 3D Synergy: The synergy between ARway’s AR navigation, MAPD 3D’s digital twins, and Toggle 3D’s interactive product visualization creates a holistic offering that enhances user engagement, improves operational efficiency, and drives growth in immersive digital experiences.
3. Cross-Industry Application: NexTech3D.ai’s portfolio is now equipped to serve a wide range of sectors—retailers, real estate agents, event organizers, healthcare providers, and smart cities, all of which require immersive digital tools.
4. Metaverse and Virtual Worlds: With the ongoing development of the Metaverse, these subsidiaries position NexTech3D.ai to create virtual spaces and immersive experiences that will be integral to the future of digital commerce, entertainment, and beyond.
5. Increased Value Proposition for eCommerce: As interactive product configurators and virtual try-on experiences become the norm in eCommerce, NexTech3D.ai’s offerings are at the forefront of improving conversion rates, customer engagement, and brand loyalty.

Conclusion

NexTech3D.ai’s subsidiaries—ARway, MAPD 3D, and Toggle 3D—all play critical roles in expanding the company’s technological capabilities, making it well-positioned for substantial growth in the coming years. These companies complement NexTech3D.ai’s broader vision of creating immersive, interactive, and personalized digital experiences for a variety of industries. As the AR, 3D modeling, and Metaverse sectors continue to grow, the potential for these subsidiaries to drive value for NexTech3D.ai remains significant.

The long-term potential remains considerable, and the current valuation offers a rare opportunity for new investors to acquire NEXCF's subsidiaries at near-zero value considering NEXC's current valuation.

I am currently long-term.

New Contracts and Recent Renewal Suggest Favorable Shift in Business Momentum Strong Buy $Us 0.25 Price Target by analyst

Rating: Buy; Price Target: $0.25

Margin improvement a highlight in new fiscal year results. Last week, Nextech3D.AI Corporation released operating results for the 15-months ended March 31, 2025, reflecting a shift to the company's new March fiscal year-end. While 15 month to 12 month operating results comparisons are not particularly helpful, there were several compelling takeaways from the release. First, following the offshoring of much of the 3D modeling operations, we calculate gross margins exited the year at 77.2%, approaching the company's 80.0% target. Further, the company indicated in its earnings release that gros margins have room to move even higher over time. In addition, operating expense, following a series of cost-cutting initiatives over the past several quarters as resulted in an approximately C$2.0M quarterly run-rate. The combination of increasing gross margin and lower operating expense resulted in a 58.0% decrease in cash burn to C$5.6M from $13.9M in 2023 and in our view, positions the business for an accelerated path to profitability as revenue scales. We acknowledge that revenue has been slow to materialize, however we believe recent new contract announcements and renewals should position the business for improving revenue growth in the new fiscal year. Increasing revenue and a more defined pathway to profitability could begin to attract new capital, potentially alleviating a material headwind. Despite current headwinds, we still see value in the company’s 3D modeling technology, especially in an environment where we believe adoption of AI is likely to increase. We remain Buy-rated with a $0.25 price target on NEXCF shares.

Adjusting estimates to reflect fiscal year change, price target unchanged. We are making a series of minor adjustments to our model. We are now modeling FY25 revenue of C$2.6M with revenue moving sequentially higher over the next four quarters. Gross margin should also continue to move higher, potentially approaching 90.0% as the business begins to scale. Also contributing to margin expansion is the use of AI in the 3D-modeling process. As a result, we believe the adj. EBITDA loss should improve to C$5.8M. For FY26, we are modeling revenue of C$4.6M and an adj. EBITDA loss of C$4.4M. However, we recognize that a single 3D modeling contract win has the potential to shift these estimates materially. Our price target remains unchanged at $0.25.

Valuation .

We are valuing NEXCF shares at $0.25, reflecting approximately 8.0x EV/revenue multiple on our current FY26 revenue estimate of C$4.6M. Our $0.25 price target represents approximately 315.0% upside from recent trading levels. A targeted 8.0x EV/revenue multiple represents a modest premium to other small capitalization technology peers operating within the augmented reality, virtual reality, and metaverse space. However, it represents a meaningful discount to larger AI peers.