Earnings release
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nextech3D.ai On Monday , August 31 , 2026 at 7:30 AM ET Nextech3D.ai Delivers 101 % Revenue Growth in Fiscal Q1 2027 as AI - Powered Event Platform Accelerates Revenue More Than Doubles Year - Over - Year Driven by Strong Demand for Event Technology and Fast - Growing Event Services Business TORONTO , ON / ACCESS Newswire / August 31 , 2026 / Nextech3D.ai ( OTCQB : NEXCF ) ( CSE : NTAR ) ( FSE : EP2 ) , an AI- first technology company focused on event technology and immersive digital experiences , today announced financial results for the first quarter ended June 30 , 2026 . Q1 Fiscal 2027 Highlights • Revenue increased approximately 101 % year - over - year to $ 660,159 , versus $ 328,092 . ⚫ Event technology revenue increased 47 % to $ 400,252 , versus $ 271,536 . ⚫ Event experience and services revenue totaled $ 210,934 , versus nil in the prior - year period . • Year over year Gross profit increased 79 % to $ 530,294 , versus $ 295,624 . • Gross margin remained strong at 80 % , compared to 90 % in the prior - year period . • Net loss from continuing operations was $ 840,759 , versus $ 497,763 in the prior - year period . Management Commentary : " The 273 % increase in event experience and services revenue highlights the significant expansion and diversification of our revenue base . This growth , combined with disciplined financial management , positions us to improve operating leverage as we continue to scale , " said Anum Waqas , CFO of Nextech3D.ai . " We remain focused on maintaining financial discipline while converting our revenue momentum into stronger and more sustainable financial performance throughout Fiscal 2027. " " We are pleased to report approximately 101 % year - over - year revenue growth in the first quarter of Fiscal 2027 , " said Evan Gappelberg , CEO of Nextech3D.ai . " Our growth was driven by strong execution across both our event technology platform and our newly expanded event experience and services business . Event technology revenue grew 47 % , while event services contributed more than $ 210,000 in revenue , demonstrating our ability to offer customers a complete end - to - end event solution . " " Importantly , our gross profit grew 79 % to over $ 530,000 , reflecting the strength of our business model and the value our solutions deliver to customers . " Building an AI - Powered Event Operating System Nextech3D.ai continues to execute on its strategy of becoming a leading provider of AI - powered event technology solutions . The Company believes the convergence of artificial intelligence , event management software , attendee engagement , registration technologies , mobile apps , and event services is creating a significant market opportunity . Through its Eventdex platform and expanding service offerings , Nextech3D.ai is positioning itself as a comprehensive event operating system for enterprise customers , associations , trade shows , conferences , and corporate events . During the quarter , management continued to invest in product development , sales expansion , customer acquisition , and strategic initiatives designed to accelerate long - term growth .