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NexTech AR Solutions sees strong growth from 3D Model business, up 266% in 2022
PRESS RELEASE: Paid content from News Direct Corporation
Press release content from News Direct Corporation. The AP news staff was not involved in its creation.January 13, 2023 GMT
NexTech AR Solutions CEO Evan Gappelberg said the company has released its unaudited financial numbers from 2022. They include strong demand for its 3D Model business which gained traction in 2022. Gappelberg told Proactive growth in 3D modeling revenue rose over 266% compared to 2021. The technology services gross profit margin for the year expanded by 53%. As a whole, preliminary total revenue for fiscal 2022 was $10.3 million.
View source version on newsdirect.com: https://newsdirect.com/news/nextech-ar-solutions-sees-strong-growth-from-3d-model-business-up-266-in-2022-911313928