NexTech AR Solutions (NTAR) AI Stock Analysis

• Market Cap: $32.66M
• Dividend Yield: N/A
• Average Volume (3M): 550.19K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.25
• Revenue Growth: -57.13%
• EPS Growth: 85.06%
• Country: CA
• Employees: 172
• Sector: Technology
• Sector Strength: 86
• Industry: Specialty Retail
• EPS (TTM): N/A
• Shares Outstanding: 210,729,050
• 10 Day Avg. Volume: 435,165
• 30 Day Avg. Volume: 550,194
• PEG Ratio: <0.01
• Price to Book (P/B): -0.80
• Price to Sales (P/S): 2.14
• P/FCF Ratio: -1.27
• Enterprise Value/Market Cap: 0.47
• Enterprise Value/Revenue: 7.43
• Enterprise Value/Gross Profit: 11.14
• Enterprise Value/Ebitda: -2.66
• 1Y Price Target: $0.35
• Price Target Upside: 116.36% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 52 Neutral
• Price Target: C$0.00 ▼(-100.00% Downside)

The overall stock score is primarily impacted by the company's poor financial performance, characterized by declining revenues and negative cash flows. Despite strong technical momentum, the stock's valuation is unattractive due to a negative P/E ratio and lack of dividends. The positive sentiment from the earnings call is not factored into the score due to its exclusion from the weighted calculation.

NexTech AR Solutions Business Overview & Revenue Model

Company Description

NexTech AR Solutions Corp. engages in the acquisition and development of augmented reality (AR) technology. It operates e-commerce platforms, including vacuumcleanermarket.com, a vacuum cleaner retailer focused on residential vacuums, supplies, and parts, which is operated through a retail location and online sales channels; infinitepetlife.com, a health food supplement for animals, which is operated through online sales channels; Trulyfesupplements.com, a health supplement online store; and nextlevelninjas.com that provides services to help vendors using e-commerce platforms. The company also offers various smartphone applications, including ARitize Maps that allows users to spatially map their location and populate it with interactive 3D objects, navigations, wayfinding, audio, and other; ARitize 3D for eCommerce, an end-to-end AR platform that enables users to embed a 3D model in a product page on an ecommerce website; ARitize Swirl, a swirling (rotating) 3D asset on the header or page of an ecommerce website; ARitize Social Swirl, a social media AR filter designed to promote and visualize ecommerce products; ARitize Ads, an ad solution for captivating 3D ads; ARitize CAD enables the conversion of CAD files into 3D/AR models at scale; ARitize Decorator enables to virtually preview home furnishing and decor in a desired location; and ARitize Holograms, a human hologram creator mobile app. In addition, it provides ARitize CPG, an interactive AR hologram app; ARitize Labs that offers pre-recorded AR learning objects; ARitize Events 3D, a virtual and hybrid events platform; ARitize Portals to transport users into new environments using AR; ARitize Capture that allows user to create 3D AR photo realistic models from their smartphones; ARitize Play to experience AR technology; and Map D, a virtual events platform that allows organizers to create, host, and manage live events. NexTech AR Solutions Corp. was incorporated in 2018 and is headquartered in Toronto, Canada.

How the Company Makes Money

NexTech AR Solutions generates revenue primarily through subscription services for its AR platforms, charging businesses for access to its software and tools. The company also earns income from licensing its technology to third-party developers and through partnerships with e-commerce platforms. Additionally, NTAR generates revenue by offering custom AR solutions and consulting services tailored to specific client needs, further diversifying its income streams. Strategic partnerships with major companies in various industries bolster its market presence and expand its customer base, contributing significantly to its overall earnings.

NexTech AR Solutions Financial Statement Overview

Summary

NexTech AR Solutions is experiencing significant financial difficulties across all verticals. The company faces declining revenues, persistent losses, and negative equity, raising concerns about its financial health and sustainability. The cash flow situation is particularly troubling, with negative cash flows and limited growth prospects.

Income Statement

NexTech AR Solutions has faced significant challenges in its income statement, with declining revenues and negative profit margins. The TTM data shows a revenue decline of 27.3%, and the company has consistently reported negative net profit margins, indicating ongoing profitability issues. The gross profit margin remains relatively strong at 66.7% in the TTM, but the negative EBIT and EBITDA margins highlight operational inefficiencies.

Balance Sheet

The balance sheet reveals a concerning financial structure with negative stockholders' equity, indicating potential solvency issues. The debt-to-equity ratio is negative due to negative equity, and the return on equity is highly volatile. The equity ratio is not calculable due to negative equity, posing a risk to financial stability.

Cash Flow

Cash flow analysis shows negative operating and free cash flows, with a declining trend in free cash flow growth. The operating cash flow to net income ratio is negative, reflecting cash flow challenges. The free cash flow to net income ratio is close to 1, indicating that cash flow issues are in line with net income losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.08M	2.79M	5.03M	3.23M	6.69M	17.69M
Gross Profit	1.38M	1.72M	1.43M	1.63M	1.73M	9.85M
EBITDA	-5.80M	-6.82M	-24.73M	-21.12M	-29.71M	-14.79M
Net Income	-5.53M	-9.63M	-27.71M	-27.38M	-32.65M	-15.59M
Balance Sheet
Total Assets	957.82K	1.27M	2.99M	17.14M	29.51M	29.08M
Cash, Cash Equivalents and Short-Term Investments	38.41K	16.56K	907.85K	3.78M	7.24M	10.68M
Total Debt	428.47K	489.11K	613.35K	804.84K	1.17M	1.03M
Total Liabilities	4.32M	4.43M	4.49M	4.01M	5.25M	6.66M
Stockholders Equity	-6.42M	-7.50M	-5.46M	10.95M	24.26M	22.42M
Cash Flow
Free Cash Flow	-2.75M	-4.71M	-13.57M	-15.43M	-24.84M	-14.06M
Operating Cash Flow	-2.75M	-4.64M	-13.34M	-15.33M	-24.67M	-10.56M
Investing Cash Flow	307.45K	336.84K	-160.70K	-130.45K	2.59M	-4.52M
Financing Cash Flow	2.35M	3.56M	10.61M	12.62M	18.88M	22.82M

NexTech AR Solutions Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.16
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NTAR, the sentiment is Positive. The current price of 0.16 is above the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.09, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 75.88 is Negative, neither overbought nor oversold. The STOCH value of 82.06 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:NTAR.

NexTech AR Solutions Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$36.70B	12.21	-10.39%	1.84%	8.50%	-7.32%
NTAR	52 Neutral	$32.66M	―		―	-57.13%	85.06%
FTI	―	C$4.19M	―		―	―	―
ECOM	49 Neutral	C$12.71M	―	204.61%	―	8.53%	98.44%

NexTech AR Solutions Corporate Events

Nextech3D.ai Partners with Vertical Insure to Launch Embedded Event Insurance

Nextech3D.ai has partnered with Vertical Insure to integrate embedded insurance solutions into its Map D event platform, creating a new high-margin revenue stream. This partnership simplifies the insurance process for exhibitors and organizers, enhancing convenience and compliance while providing Nextech3D.ai with a pure profit opportunity, leveraging its existing customer base of over 500 events and 10,000 exhibitors.

The most recent analyst rating on (TSE:NTAR) stock is a Buy with a C$0.25 price target. To see the full list of analyst forecasts on NexTech AR Solutions stock, see the TSE:NTAR Stock Forecast page.

ARway Corp Achieves First Profit with 83% Revenue Surge

Nextech3D.ai announced that its subsidiary, ARway Corp, has achieved its first-ever profitable quarter, driven by an 83% increase in revenue for Q1 2026 compared to the previous year. This financial success is attributed to the integration of Map D, an event management platform, which has enhanced ARway’s ecosystem and expanded its customer base. The company is focusing on cross-selling opportunities and expanding enterprise adoption, positioning itself as a leader in spatial computing and AR navigation. The reacquisition of ARway by Nextech3D.ai is expected to close in Q4 2025, subject to shareholder and regulatory approvals.

The most recent analyst rating on (TSE:NTAR) stock is a Buy with a C$0.25 price target. To see the full list of analyst forecasts on NexTech AR Solutions stock, see the TSE:NTAR Stock Forecast page.

Nextech3D.ai Reports Strong Q1 2026 Results, Eyes Profitability in 2026

Nextech3D.ai reported its financial results for Q1 2026, showcasing a significant improvement in gross margins, which reached 90%, and a substantial reduction in operating expenses, leading to a narrower net loss. The company is on a clear path to profitability, driven by advancements in AI, strategic contracts, and increased demand for 3D models. The announcement highlights Nextech3D.ai’s strategic initiatives, including a multi-year 3D modeling contract with a tech partner for major retailers, and the rapid scaling of its Map D Event Tech Platform. The company aims to double its 3D model production by 2026 and leverage synergies with ARway to enhance growth and profitability.

The most recent analyst rating on (TSE:NTAR) stock is a Buy with a C$0.25 price target. To see the full list of analyst forecasts on NexTech AR Solutions stock, see the TSE:NTAR Stock Forecast page.

Nextech3D.ai to Fully Acquire Arway Corporation, Streamlining Event Technology Operations

Nextech3D.ai announced its intention to acquire the remaining shares of Arway Corporation, consolidating its operations to streamline its technology stack with Arway and Map Dynamics. This move is expected to reduce costs, accelerate product development, and enhance revenue growth by offering a seamless end-to-end event technology solution, thereby positioning Nextech3D.ai for improved profitability and scalable growth.

The most recent analyst rating on (TSE:NTAR) stock is a Buy with a C$0.25 price target. To see the full list of analyst forecasts on NexTech AR Solutions stock, see the TSE:NTAR Stock Forecast page.

Nextech3D.ai Launches Innovative Blockchain Ticketing Platform

Nextech3D.ai has announced the development of a next-generation SaaS blockchain ticketing platform, aiming to capitalize on the $85 billion global event ticketing industry. The platform introduces the Event-Token, a blockchain-based digital asset that serves as both a secure ticket and a tradable collectible, offering new engagement and monetization opportunities for event organizers and attendees. This innovation positions Nextech3D.ai to differentiate itself in the market by providing fraud-proof access, data analytics, and revenue expansion through secondary ticket sales.

The most recent analyst rating on (TSE:NTAR) stock is a Buy with a C$0.25 price target. To see the full list of analyst forecasts on NexTech AR Solutions stock, see the TSE:NTAR Stock Forecast page.