Nextech AR
(OTCQB: NEXCF) Doubling Sales –
Emerging Growth Report
Miami, FL - (March 24, 2021) – EmergingGrowth.com, a
leading independent small cap media portal with an extensive
history of providing unparalleled content for the Emerging Growth
markets and companies, reports on NexTech AR Solutions
(OTCQB: NEXCF).
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NexTech AR Solutions(OTCQB: NEXCF) is a Discount That Won't Last
Forever
Rarely do the markets print a valuation mismatch like what
you're seeing with NEXCF stock
Easily one of the most paradigm-shifting events that have
occurred in the trailing two decades was the advent of e-commerce.
With the innovation of connectivity that the internet engendered,
it was now possible to facilitate multiple transactions that
traditionally occurred face-to-face through online platforms.
Moving forward, NexTech AR
Solutions (OTCQB: NEXCF) stands poised to fill the opportunity
gaps that currently exist in the digitalization ecosystem.
Fundamentally and financially, NexTech AR makes a strong
argument that it's one of the most undervalued investments in the
digital transformation space. Still, groundbreaking companies like
this don't stay under-the-radar for long, which is why you'll want
to consider NEXCF stock now.
According to the Harvard Business Review, augmented reality is
defined as a set of technologies that superimposes digital data and images on the physical
world. This is distinct from virtual reality, where such
systems project images within an artificially manufactured
environment – hence the VR headsets.
By integrating AR platforms with current retail channels,
NexTech AR brings comprehensive product evangelism to the
transactional edge. With the consumers' questions and concerns
answered, they only need to hit the "buy" button.
It's no wonder that according to some expert sources, the
augmented reality industry could hit $72 billion by 2024 and
skyrocket to over $340
billion globally by 2028.
One of the hallmark features of the augmented reality market and
the broader digital transformation movement is that they embody
full-spectrum solutions.
As NexTech AR's management team puts it, we're hurtling toward
an ecosystem where we can:
- Work from home – Due to the disruptive impact of the novel
coronavirus pandemic, millions were forced to operate remotely.
Generally speaking, this baptism under fire has functioned
remarkably well given the circumstances. And as the Wall
Street Journal pointed out, we could see a hybrid
home/office work model, further incentivizing development
of remote connectivity platforms.
- Learn from home – Amid the usual rancor in Washington, a
particular issue has captured the public's attention and that is
student debt forgiveness. This raging debates points to the
ultimate fact that for many households, higher education is
increasingly out of reach. But with its remote education solutions,
NexTech AR can sharply mitigate costs while helping to deliver
quality programs and curriculum safely.
- Shop from home – In 2020, e-commerce sales will bring in $3.914 trillion
globally. Some experts predict that by 2024, this market
will reach $6.3 trillion worldwide. As explained earlier, NexTech's
integrated solutions bring consumer education to the edge of
transaction, fostering significantly improved sales for its
corporate clients.
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As such, NexTech AR has a favorable valuation profile that
should not be ignored. Over the trailing-12-month period, NexTech
has delivered $20.2 million in bookings +233% 2019 $6 million
total. Moreover, the company has a very low float compared to its
rivals, with only 75.2 million shares outstanding and 2.2 million
unexercised warrants.
As of the latest data, we're looking at a revenue per share
for NEXCF stock of 0.15, up approximately 67%
from the prior year. To see how this stacks up, consider the
following stats:
- Amazon's RPS is 757 times with 503 million shares
outstanding
- Spotify (NYSE: SPOT) trades at 51-times revenue with 189.6
million shares outstanding
- Facebook (NASDAQ: FB) trades at 29.8-times revenue with 2.4
billion shares outstanding
- Apple (NASDAQ: AAPL) trades at 15.7-times revenue with 16.8
billion shares outstanding
- Snap (NYSE: SNAP) trades at 1.72-times revenue with 1.25
billion shares outstanding
To be fair, you generally want to see a stock trade at some
multiple of revenue – of course, the higher this metric, the more
sales each unit of equity is tied to. However, having this ratio
get too high can turn off many investors, who don't see as much
growth opportunities. For instance, it's hard to imagine Amazon at
757-times revenue expanding much more until it reaches a maturation
point, if it hasn't done so already.
To be fair, you generally want to see a stock trade at some
multiple of revenue – of course, the higher this metric, the more
sales each unit of equity is tied to. However, having this ratio
get too high can turn off many investors, who don't see as much
growth opportunities. For instance, it's hard to imagine Amazon at
757-times revenue expanding much more until it reaches a maturation
point, if it hasn't done so already.
Also, most of these companies have a much broader base of shares
outstanding. Spotify comes the closest to NexTech AR with a little
under 200 million shares outstanding. But because of its meteoric
financial growth, it's possible that SPOT shares are getting
stretched.
For instance, between 2018 and 2019, revenue per share grew by
nearly 26%. But from 2019 to last year, RPS growth slipped to 23%.
Plus, Spotify is a well-known entity, accruing significant investor
interest. At some point, though, growth investors start to look for
much more viable opportunities.
That's why NEXCF stock is particularly exciting. With
a time of writing market cap of only 384 million CAD (approximately
$307.6 million USD), you're really getting into a pure-play AR
investment at a fraction of the valuation of the alpha dogs.
The fact of the matter is that roughly 97%
of Facebook revenue comes from selling advertisements. Even
with Facebook's push toward AR/VR solutions, it's merely a drop in
the bucket for FB stock.
In contrast, NEXCF stock is geared toward everything
AR. Yes, that has its risks – you've got to be aware of that. But
if you believe in the burgeoning AR and digital transformation
market, one that collectively will haul in trillions of dollars,
NexTech represents one of the very few plays where you can accrue a
windfall, not a pittance, from this industry's growth
trajectory.
And on a critical sidenote, NEXCF stock isn't just undervalued
relative to publicly traded companies – or even the AR industry
specifically. Due to the terrible Covid-19 pandemic, millions of
workers have been forced to work from home. Though new coronavirus
cases have declined sharply this year, the Wall Street
Journal reports that a mass
scale return to the office remains in limbo.
Naturally, this means teleconferencing and virtual event
platforms – an area which NexTech also specializes in, offering
unique synergies through its AR innovations – still reigns
supreme.
This has sparked intense competition in the space,
with Hopin being one of the top
competitors to NexTech AR. Recently, Hopin announced that it closed
a $400 million Series C private funding round, which places its
valuation between $5 billion and $6 billion.
Prior to the Series C funding, rumors suggested that Hopin could
go public via a special purpose acquisition company or SPAC.
However, one of the drawbacks regarding SPACs is that their
sponsors typically receive about 20% equity in the eventually
combined entity, which is incredibly dilutive for shareholders.
Therefore, many companies that go the SPAC route eventually fizzle
out.
Now, with significant demand in the private funding space, it's
possible that Hopin will go public via a traditional initial public
offering, with a potential target of 2022 or 2023.
One of the beautiful things about NEXCF stock is that it hasn't yet absorbed
this manic influx of investor dollars. However, it's very possible
that it might. In its recent corporate presentation, management
disclosed that it's awaiting approval for listing NEXCF shares on
the Nasdaq exchange. If that goes
through, there's a great chance that more eyeballs will assess this
opportunity.
When they do, they'll likely key in on the AR industry potential
and the valuation profile of NexTech AR Solutions, auguring well
for NEXCF stock. But you'll want to consider
getting in now before the big wave of buyers do.
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Other Companies in the news and featured on
EmergingGrowth.com
Cytodyn, Inc.
Shares of Cytodyn, Inc. (OTCQB: CYDY) gapped down on March 8th and
have been trending around the $2.40 mark ever
since. The space has been severely beaten
down especially yesterday but Cytodyn held its ground. Look
for a rebound once the sector as a whole
turns positive. Support is currently around $2.00.
Humbl, Inc.
Shares of Humbl, Inc. (OTC Pink: TSNPD) have been upticking since the
announcement of the Aurea Group Ventures investment nearly
30%. That being said, volume is slowing in the stock and
pending market conditions, the shares could stabilize here before
moving higher.
Amarin Corp.
Shares of Amarin Corp. (NASDAQ: AMRN) traded down 7% yesterday with the rest of
the biotech stocks. It has support at around 5.40 but as they
closed on a downtrend, the industry could see some more red
today.
Gamestop Corp.
Gamestop Corp (NYSE: GME) saw a decline of 20% in the aftermarket
yesterday after announcing earnings. This stock has room to
fall to $86, and then has support around $38.50 which wold break
the 200 EMA.
Keep an eye on Nextech AR Solutions (OTCQB: NEXCF). The CEO purchased shares 5
times in 2020, and once already in 2021. This could be the
next short squeeze and Zacks
Investment Research Valuation of Nextech AR (OTCQB: NEXCF) $8.60
per share.
About Nextech AR
Nextech is one of the leaders in the rapidly
growing Augmented
Reality market estimated to grow from USD $10.7B in 2019 and
projected to reach USD $72.7B by 2024 according to Markets &
Markets Research; it is expected to grow at a CAGR of 46.6% from
2019 to 2024.
The company is pursuing four
verticals:
Virtual Experience Platform (VXP): An advanced
Augmented Reality and Video Learning Experience Platform for
Events, is a SaaS video platform that integrates Interactive Video,
Artificial Intelligence and Augmented Reality in one secure
platform to allow enterprises the ability to create the world's
most engaging virtual event management and learning experiences.
Automated closed captions and translations to over 64 languages.
According to Grandview
Research the global virtual events market in 2020 is $90B and
expected to reach more than $400B by 2027, growing at a 23%
CAGR. With Nextech's VXP platform having augmented
reality, AI, end-to-end encryption, and built-in language
translation for 64 languages, the company is well positioned to
rapidly take market share as the growth accelerates globally.
ARitize™ For eCommerce: The company launched its
SaaS platform for webAR in eCommerce early in 2019. Nextech has a
'full funnel' end-to-end eCommerce solution for the AR industry
including its Aritize360 app for 3D product capture, 3D/AR ads, its
ARitize white label app, its 'Try it On' technology for online
apparel, 3D and 360-degree product views, and 'one click buy'.
ARitize™ 3D/AR Advertising Platform: Launched in Q1
2020 the ad platform will be the industry's first end-to-end
solution whereby the company will leverage its 3D asset creation
into 3D/AR ads. In 2019, according to IDC, global advertising spend
will be about $725 billion.
ARitize™ Hollywood Studios: The studio is in development
producing immersive content using 360 video, and augmented reality
as the primary display platform.
Certain information contained herein may constitute
"forward-looking information" under Canadian securities
legislation. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as, "will
be", "looking forward" or variations of such words and phrases or
statements that certain actions, events, or results "will" occur.
Forward-looking statements regarding the Company increasing
investors awareness are based on the Company's estimates and are
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, levels of activity, performance,
or achievements of Nextech to be materially different from those
expressed or implied by such forward-looking statements or
forward-looking information, including capital expenditures and
other costs. There can be no assurance that such
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking statements and forward-looking information. Nextech
will not update any forward-looking statements or forward-looking
information that are incorporated by reference herein, except as
required by applicable securities laws.
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