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The call conveyed a largely positive operational update driven by strong top-line growth (59% YoY), consecutive 20% sequential quarters, and very high (~95%) gross margins, supported by strategic acquisitions (Eventdex, Krafty) and an AI-first strategy. Management highlighted meaningful enterprise customer relationships and an active product roadmap (blockchain ticketing, AI analytics). Key risks remain: the ARway acquisition is pending audit/regulatory close, blockchain ticketing and integrations will take time, legacy 3D revenue has shrunk, and the company is cautiously managing cash and relying on future M&A and execution to sustain the momentum. Overall, the upside indicators (growth, margins, enterprise pipeline and recently closed acquisitions) appear to outweigh the risks disclosed.
Management offered no formal numeric guidance but gave clear directional targets: they expect triple‑digit revenue growth this year, earlier-than-expected cash‑flow positivity, and multiple enterprise contracts to close “in the next week or two.” That outlook is supported by recent results—59% year‑over‑year revenue growth, 20% sequential growth (second quarter in a row) and ~95% gross margins—plus a 500+ customer Map Dynamics base after the Eventdex acquisition (late 2025) and the Krafty Labs deal (about 6 weeks ago), with ARway pending close after audits in ~6 weeks. Management outlined pricing tiers (~$25k–$50k Tier 1, $50k–$150k Tier 2, >$150k Tier 3), said they will pursue $250k+ enterprise deals while converting smaller $25k–$50k engagements into six‑figure contracts, referenced a current revenue run‑rate of “a couple million,” noted a $100bn global ticketing market and $1tn events TAM, and reiterated M&A as a growth turbo—CEO also disclosed buying 550,000 shares at CAD 0.14.
Company reported 59% year-over-year revenue growth and 20% sequential growth (second quarter in a row with ~20% sequential growth), which management describes as an inflection point and evidence of a new sustainable growth curve.
Reported record ~95% gross margins attributed to a shift to software and AI-enabled efficiencies, signaling a high-margin business model compared with historical 3D-model work.
Management lists major enterprise customers (Meta, Microsoft, Google, Netflix, Deloitte, General Motors, Spotify, Dropbox, Pinterest, BNP Paribas and others) and stated multiple enterprise contracts are in the final stages with signatures expected imminently.
Completed acquisition of Eventdex (late 2025) and Krafty Labs (early 2026). Eventdex added a full events tech stack (badging, ticketing, trade show app, AI matchmaking); Krafty adds virtual/experiential team-building, gifting, and off-site event capabilities expanding addressable revenue streams.
Company emphasizes an AI-first approach to automate operations (reducing headcount needs for acquired businesses), improve margins and accelerate customer scaling; management expects AI to drive continued optimization and expansion.
Management plans to launch blockchain ticketing (positioned as a differentiated, high-margin product to address counterfeit scalping and certification use cases) and an AI-driven data & analytics platform for Krafty, with demos and announcements planned in the coming weeks.
CEO expressed confidence in achieving triple-digit growth for the year and earlier-than-expected cash-flow positivity; CEO disclosed a personal purchase of 550,000 shares at CAD 0.14 and indicated potential further purchases.
All right. Welcome. We're inside our Vancouver Broadcast Center here at Proactive for another live stream event and this time with Nextech3D.AI and joining us is the CEO of the company, Evan Gappelberg. Evan, it's great to see you again. How are you? We're just -- we seem to be losing your audio there, Evan, for some reason. We got to get your audio taking care of. So we'll take care of that.
And we'll tell you that we are here today to talk about Nextech3D.AI's financials that came out recently and also about some of the things that they'll be doing in the future as they sort of transitioned the business a little bit into where they were in the last few years to where they are going to now. Evan's going to talk a lot about that. Also, recent acquisitions as well, Eventdex and also Krafty Labs, Evan will talk about how that changes things and what the next step is towards trying to put this all together. So let's see if we can get Evan back on. Can you hear us now, Evan? No, we're having some technical difficulties with your microphone. So we're going to try to get that all taken care of, Evan. But modern technology, that's what happens when these things go.
I can see you attempting to put your microphone on, but...
How about now?
I can hear you now. Yes, just turn it up a little bit, you should be good. So how are you?
I'm good, sorry about that.
That's all right. No problem at all. Good to see you again, as I mentioned, and welcome once again to livestream event here at Proactive. And again, we are with CEO, Evan Gappelberg of Nextech3D.AI. And so Evan, first off, thought I'...