NexTech AR Solutions Corp. (TSE:NTAR)
:NTAR
Top Page
NexTech AR Solutions
(NTAR)
Select Model
Select Model
Rating:46Neutral
Price Target:
C$0.10
▼(-20.77% Downside)
Action:ReiteratedDate:03/26/26
The score is held down primarily by weak financial fundamentals (persistent losses, negative free cash flow, and negative shareholders’ equity) and bearish technical signals. Positive corporate developments around enterprise traction and the Krafty Labs acquisition/integration provide some offset but are not yet reflected in core financial strength.
Positive Factors
Improving Gross Margin
A sharp gross margin improvement to ~77% in 2025 indicates materially better unit economics and a higher-margin revenue mix. Sustained elevated gross margins provide structural support for operating leverage as revenue grows, improving long-term profit conversion and cash generation potential.
Negative Factors
Persistent Negative Cash Flow
Operating and free cash flow have been negative consistently, with roughly $2.4M negative in 2025. Persistent cash burn increases dependence on external financing, limits reinvestment in product and sales, and raises execution risk if capital access tightens over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving Gross Margin
A sharp gross margin improvement to ~77% in 2025 indicates materially better unit economics and a higher-margin revenue mix. Sustained elevated gross margins provide structural support for operating leverage as revenue grows, improving long-term profit conversion and cash generation potential.
Read all positive factors
NexTech AR Solutions (NTAR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$28.55M
Dividend YieldN/A
Average Volume (3M)249.43K
Price to Earnings (P/E)―
Beta (1Y)1.78
Revenue Growth-59.22%
EPS Growth83.08%
CountryCA
Employees172
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding219,611,800
10 Day Avg. Volume244,343
30 Day Avg. Volume249,433
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)-7.02
Price to Sales (P/S)18.36
P/FCF Ratio-14.29
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.35Price Target Upside167.47% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
NexTech AR Solutions Business Overview & Revenue Model
Company Description
Nextech3D.AI Corp. is a metaverse company, which provides augmented reality experience technologies, wayfinding technologies, and 3D model services. It operates through the following business segments: eCommerce, Technology Services, and General C...
How the Company Makes Money
NexTech AR Solutions generates revenue through multiple channels. Its primary revenue stream comes from the sale of AR-driven software and services, such as licensing its proprietary AR solutions to businesses across e-commerce and marketing indus...
NexTech AR Solutions Earnings Call Summary
Earnings Call Date:Jul 30, 2025
(Q5-2024)
| % Change Since: |
Next Earnings Date:Apr 09, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted strategic shifts and growth driven by AI and global demand for new services, although economic challenges and delayed enterprise deals tempered the outlook. The company remains optimistic about future profitability and market positioning.Positive Updates
Strategic Pivot to India
The company successfully shifted operations to India, reducing labor costs significantly while maintaining production capabilities.
Negative Updates
Challenging Economic Conditions
The company faced challenging economic conditions in 2023 with rising interest rates making capital raising difficult.
Read all updates
Q5-2024 Updates
Positive
Negative
Strategic Pivot to India
The company successfully shifted operations to India, reducing labor costs significantly while maintaining production capabilities.
Read all positive updates
Company Guidance
During the earnings call, Nextech3D.ai provided guidance for 2024 with a focus on achieving profitability and cash flow positivity. The company reported $5 million in revenue for 2023 and highlighted strategic initiatives, such as a pivot to India, which reduced labor costs and contributed to operational efficiencies. By Q2 2024, their 3D modeling business segment became cash flow positive, driven by AI optimizations and the India pivot. Nextech aims to increase profitability through enterprise-level customer deals and innovations in AI-powered 3D photography and modeling technologies. The company maintains a sustainable financial approach through its shares for services program, which has been successful in avoiding traditional capital raising. Additionally, Nextech highlighted significant interest in its tech suite, partnerships with major entities like Amazon, and promising developments in its ARway subsidiary, which is seeing increased demand for its indoor navigation services.NexTech AR Solutions Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
22
Negative
Cash Flow
16
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.88M | 2.79M | 5.03M | 3.23M | 6.69M |
| Gross Profit | 1.45M | 1.72M | 1.43M | 1.63M | 1.73M |
| EBITDA | -5.08M | -6.82M | -24.73M | -20.88M | -29.71M |
| Net Income | -4.76M | -9.63M | -27.71M | -27.38M | -32.65M |
Balance Sheet | |||||
| Total Assets | 2.19M | 1.27M | 2.99M | 17.14M | 29.51M |
| Cash, Cash Equivalents and Short-Term Investments | 414.64K | 16.56K | 907.85K | 3.78M | 7.24M |
| Total Debt | 576.25K | 489.11K | 613.35K | 804.84K | 1.17M |
| Total Liabilities | 3.69M | 4.43M | 4.49M | 4.01M | 5.25M |
| Stockholders Equity | -4.93M | -7.50M | -5.46M | 10.95M | 24.26M |
Cash Flow | |||||
| Free Cash Flow | -2.42M | -4.71M | -13.57M | -15.43M | -24.84M |
| Operating Cash Flow | -2.42M | -4.64M | -13.34M | -15.33M | -24.67M |
| Investing Cash Flow | -553.46K | 336.84K | -160.70K | -130.45K | 2.59M |
| Financing Cash Flow | 3.28M | 3.56M | 10.61M | 12.62M | 18.88M |
NexTech AR Solutions Technical Analysis
Neutral
0.13
Price Trends
0.14
Negative
0.15
Negative
0.14
Negative
Market Momentum
>-0.01
Positive
47.16
Neutral
47.04
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NTAR, the sentiment is Neutral. The current price of 0.13 is above the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.14, and below the 200-day MA of 0.14, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.16 is Neutral, neither overbought nor oversold. The STOCH value of 47.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:NTAR.
NexTech AR Solutions Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
50 Neutral | C$2.32M | 6.22 | ― | ― | ― | ― | |
47 Neutral | C$3.09M | -3.22 | ― | ― | 155678.40% | -1772.63% | |
46 Neutral | C$28.55M | -6.96 | 83.70% | ― | -59.22% | 83.08% | |
45 Neutral | C$4.54M | -12.88 | 43.63% | ― | -20.69% | -43.75% |
* Technology Sector Average
TSE:NTAR
NexTech AR Solutions
0.13
0.10
271.43%
TSE:MBO
Mobio Technologies
0.16
>-0.01
-3.13%
TSE:MVY.H
Moovly Media
0.01
0.00
0.00%
TSE:UI
Urbanimmersive
0.02
0.00
0.00%
TSE:ZONE
Zonetail
0.02
0.00
0.00%
TSE:ARWY
Arway Corp.
0.06
0.02
50.00%
NexTech AR Solutions Corporate Events
Business Operations and StrategyFinancial Disclosures
Nextech3D.ai CEO Boosts Stake as AI Event Platform Gains Momentum
Positive
Mar 31, 2026
Nextech3D.ai said CEO Evan Gappelberg has acquired an additional 500,000 common shares in open-market transactions at an average price of C$0.12, bringing his beneficial ownership to more than 30 million shares. He described the stock as significa...
Business Operations and StrategyProduct-Related Announcements
Nextech3D.ai Adds Apple and Google Pay to Blockchain Ticketing in Enterprise Push
Positive
Mar 26, 2026
Nextech3D.ai, a provider of AI-powered infrastructure for the events and experiences industry, is expanding its integrated ecosystem that supports event management, immersive digital experiences, and audience engagement. The company, which serves ...
Business Operations and StrategyFinancial Disclosures
Nextech3D.ai Hits Profit Milestone With Krafty Labs as Recurring Revenue Base Grows
Positive
Mar 18, 2026
Nextech3D.ai reported that Krafty Labs, a division acquired in January 2026, achieved profitability in February 2026, its first full month under the company, generating about $130,000 in revenue with a 66% gross margin and roughly 55% net margin. ...
Business Operations and StrategyFinancial Disclosures
Nextech3D.ai Lands Three-Year ARitize3D E-Commerce Deal Worth $175,000
Positive
Mar 12, 2026
Nextech3D.ai has secured a three-year enterprise subscription contract worth about $175,000 to provide 2,500 3D product models and 36 months of ARitize3D hosting and visualization services for an e-commerce client. The deal, paid at roughly $58,00...
Business Operations and StrategyFinancial Disclosures
Nextech3D.ai Posts Surge in New AI Event Tech Contracts to Start 2026
Positive
Mar 10, 2026
Nextech3D.ai, a specialist in AI-driven event technology and immersive digital solutions, serves enterprise, consulting, government, education, and professional organizations with tools for registration, ticketing, interactive mapping, and analyti...
Business Operations and StrategyProduct-Related Announcements
Nextech3D.ai Expands AI Event Platform and Raises Enterprise Prices to Boost Profitability
Positive
Mar 5, 2026
Nextech3D.ai has expanded its AI-driven event operating system beyond indoor trade shows into a wider range of structured event markets, including outdoor fairs, music and food festivals, public and municipal events, and multi-venue experiential a...
Business Operations and StrategyProduct-Related Announcements
Nextech3D.ai Rolls Out AI Voice Concierge to Power Eventdex and Its Events OS
Positive
Feb 27, 2026
Nextech3D.ai has launched Eventdex AI Voice Concierge, a real-time AI voice automation layer embedded into its Eventdex platform as part of its broader AI-powered Events Operating System, which unifies Eventdex, Krafty Lab, and Map D. Built on Ope...
Business Operations and Strategy
Nextech3D.ai Wins New Enterprise Clients to Drive Adoption of Its AI Events Platform
Positive
Feb 26, 2026
Nextech3D.ai, a specialist in AI event solutions and enterprise engagement platforms, has built an integrated ecosystem that combines Eventdex, Map D, and Krafty Lab into a unified AI-powered operating system. The company targets large corporate a...
Business Operations and Strategy
Nextech3D.ai Adds New Enterprise Clients as Demand for AI Event Automation Grows
Positive
Feb 26, 2026
Nextech3D.ai, a provider of AI-driven event technology and enterprise engagement platforms, has built an integrated ecosystem that unites its Eventdex, Map D, and Krafty Lab offerings into a unified AI operating system for events. The company targ...
Business Operations and Strategy
Nextech3D.ai Chosen to Power AI Matchmaking for SBA-Backed CT Business Event
Positive
Feb 20, 2026
Nextech3D.ai has been selected to power AI‑driven matchmaking for the 2026 CT Business Matchmaker, a major small‑business procurement event hosted in partnership with the U.S. Small Business Administration. Its Eventdex platform will m...
Business Operations and StrategyFinancial Disclosures
Nextech3D.ai CEO to Host Live Q&A After Breakout Q3 Results
Positive
Feb 19, 2026
Nextech3D.ai has announced a live earnings QA with CEO Evan Gappelberg to discuss its breakout fiscal Q3 2026 results, highlighted by 59% year-over-year revenue growth, a 20% sequential revenue increase, and record gross margins of 95%. The event,...
Business Operations and StrategyFinancial Disclosures
Nextech3D.ai Posts 59% Q3 Revenue Surge as AI Event Platform Fuels High-Margin Growth
Positive
Feb 18, 2026
Nextech3D.ai reported strong third-quarter results for the period ended December 31, 2025, with revenue rising 59% year over year to $468,000 and 20% sequentially, driven by accelerating enterprise adoption of its AI-powered event platforms. Recor...
Business Operations and StrategyFinancial DisclosuresProduct-Related Announcements
Nextech3D.ai Adds Corporate Gifting to Enterprise Engagement Platform
Positive
Feb 10, 2026
Nextech3D.ai has expanded its AI-first enterprise platform to include corporate gifting, adding employee engagement, incentives, and corporate rewards to its existing event and experiential technology stack. The new capability is integrated into t...
Business Operations and StrategyProduct-Related Announcements
Nextech3D.ai Adds F-35 Simulation to Krafty Lab for Enterprise Clients
Positive
Feb 4, 2026
The company has partnered with The Squadron to integrate high-fidelity F-35 flight simulations into Krafty Lab, expanding its catalog into elite simulation-based experiences for leadership development, executive offsites, and other premium engagem...
Business Operations and StrategyProduct-Related Announcements
Nextech3D.ai Expands Krafty Lab Globally, Secures Tier 1 Multinational Enterprise Deal
Positive
Feb 3, 2026
Nextech3D.ai’s Krafty Lab platform has launched international in-person enterprise event delivery and secured a Tier 1 starter agreement with a multinational universal bank and financial services company, marking a significant step in its gl...
Business Operations and StrategyProduct-Related Announcements
Nextech3D.ai Unveils Universal Credit System to Tie Together Event Platforms and Deepen Enterprise Spend
Positive
Jan 27, 2026
Nextech3D.ai has launched Nextech Credit, a proprietary, dollar-denominated universal enterprise credit system that allows customers to pre-purchase credits and spend them seamlessly across its Eventdex, Map D and Krafty Labs platforms, with an in...
Business Operations and StrategyProduct-Related Announcements
Nextech3D.ai Unveils Unified AI Event Operating System for Enterprise Clients
Positive
Jan 22, 2026
Nextech3D.ai has launched Nextech Event AI, a unified AI-powered event operating system that integrates its Eventdex, Map D and Krafty Labs platforms into a single environment for large enterprise clients. The new system connects registration, eng...
Business Operations and StrategyProduct-Related Announcements
Nextech3D.ai Accelerates U.S. Event Footprint and AI Platform to Meet Enterprise Demand
Positive
Jan 20, 2026
Nextech3D.ai has expanded its KraftyLab in-person event infrastructure from 20 to 35 major U.S. cities and added 58 new premium, AI-ready corporate experiences aimed at wellness, fitness, professional development and culinary engagement for decent...
Business Operations and StrategyProduct-Related Announcements
Nextech3D.ai Expands U.S. Event Footprint and AI Platform With 58 New Enterprise Experiences
Positive
Jan 20, 2026
Nextech3D.ai has expanded its KraftyLab in-person event footprint from 20 to 35 major U.S. metropolitan hubs and added 58 new premium, AI-ready corporate experiences, broadening its capacity to serve decentralized enterprise teams with wellness, f...
Business Operations and StrategyProduct-Related Announcements
Nextech3D.ai Integrates BitPay and Migrates to AWS to Bolster Blockchain Event Tech
Positive
Jan 16, 2026
Nextech3D.ai has completed the integration of BitPay’s blockchain payment services across its KraftyLab, Map D and Eventdex platforms, enabling event organizers to accept and settle in more than 100 cryptocurrencies and stablecoins while str...
Business Operations and StrategyM&A Transactions
Nextech3D.ai’s KraftyLab Ramps Up Nationwide In‑Person Team Events with AI Automation Push
Positive
Jan 14, 2026
Nextech3D.ai announced that its recently acquired KraftyLab unit is rapidly scaling its team‑building business with a nationwide rollout of in‑person corporate experiences and a major AI‑driven automation upgrade to its platform....
Business Operations and StrategyM&A TransactionsPrivate Placements and Financing
Nextech3D.ai CEO Boosts Stake as Company Corrects Krafty Labs Deal Terms and Launches AGORACOM AI Marketing Push
Positive
Jan 8, 2026
Nextech3D.ai corrected the terms of securities issued in connection with its recent Krafty Labs acquisition, clarifying that the underlying warrants and common shares tied to a new 18‑month convertible note total 1,951,012 at a fixed convers...
Business Operations and StrategyM&A Transactions
Nextech3D.ai Buys Krafty Labs to Build End-to-End AI Events and Experiential Platform
Positive
Jan 5, 2026
Nextech3D.ai has completed its $650,000 cash acquisition of Krafty Labs, an experiential team-building platform for large enterprises, in a deal that adds a diversified roster of blue-chip corporate clients and a proven revenue stream of about $1....
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.