Nextech3D.ai Reports YTD Revenue of $2.9 Million and and Gross Profit of $1.88 Million, Q3 2024 Revenue of $756,476 with Gross Profit Margin of 71% or $537,503
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 29 2024
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Should l Buy ?
Source: Yahoo Finance
Company Achievements: Nextech3D.AI has become an Amazon Certified 3D Content Provider, launched the AI-generated FOTOgpt.ai Toggle Studio, and received a patent for its 2D-3D technology.
Financial Performance and Future Outlook: The company reported a revenue of $756,476 with a gross profit margin of 71%, while facing challenges in its 3D modeling business due to increased competition; however, it remains optimistic about future demand from Amazon and growth potential in its new AI photography studio.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
