(OTCQB: NEXCF) 2021
Guidance $50-60 Million Closes 2020 with $20 million.
-- February 12, 2021 -- InvestorsHub
NewsWire – 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)
Solutions (OTCQB: NEXCF) preannounced bookings for Q4 2020 of
$7.3 million which brings the total bookings for the year to $20
The company also
gave bookings guidance of $50 to $60 million in 2021.
The CEO purchased
shares 5 times in 2020, and once already in 2021.
Zacks Investment Research
Valuation of Nextech AR (OTCQB: NEXCF) $8.60 per share.
Solutions (OTCQB: NEXCF)
Music App Air Show Launches 2.0
With this 2.0
release and the soon to be released 2.1 version, the
gearing up to become a full service, AI driven app, with
green screen required so that users can create AR powered human
holograms anywhere and by anyone.
(NASDAQ: MSFT) Invites Nextech AR (OTCQB: NEXCF) to Showcase its Innovative, Cutting
Edge, Virtual Education Solutions at its Global Educational Partner
an invitation only event for Microsoft Education
provides an opportunity to strengthen partnerships, build
connections and to learn more about Microsoft's investments in
education technology. Nextech has been invited to showcase its
successes and capabilities in the education industry to Microsoft
Education stakeholders and partners.
Nextech AR Hires
Former Microsoft President Hareesh Achi to be President and
Managing Director of the Nextech 3D/AR Ad Network.
NEXCF) MDNA, the company defines "Total
Bookings" as "the total dollar value of all services / goods
included in contracts with our customers."
Zacks Investment Research
report on Nextech AR
(OTCQB: NEXCF) "If we were to take the ratio
of bookings to revenues of Q3 2020 at 72.5%, which is our only data
point so far, that would equate to revenues between $36 million and
$44 million in revenues for 2021. As a result, we have increased our 2021
revenue estimate to a conservative $35 million until we have more
clarity on how bookings will translate into
may not be at these levels much longer.
Zacks Small Cap Research
Augmented Reality (AR) is
just beginning to make its way into mainstream use and the market
is exploding. NexTech AR is the only public pure
play we know of that is providing services to allow companies to
use AR in marketing and advertising their goods. At a small price
to vendors per month per SKU, adoption of just a tiny percent of
the trillions of products sold worldwide will create a massive
revenue stream for NexTech AR.
Have you ever wanted to
create a hologram of your favorite entertainer for your personal
Zacks Investment Research Valuation
of Nextech AR (OTCQB: NEXCF) $8.60 per share.
"We have taken a group of
companies involved in augmented reality as well as companies that
provide conferencing like Jolokai. At current valuations we
get an average of 24.8 times EV/2021 Sales. So using US$27.4 million for
2021 estimated sales, and a 24.8 multiple, NexTech could be worth an enterprise
value as high as US$680 million or a market value of $696 million.
Dividing by the current fully diluted share count of 80.8 million,
this would be a market value of US$8.60 per share or CN$11.00 per
does the CEO feel about the company? Mr. Evan Gappelberg,
CEO of Nextech AR Solutions (OTCQB:
NEXCF) purchased shares in his company 5
in 2020 totaling
Solutions, Inc. (OTCQB:
NEXCF) could very well become the next major
As one of the
very few pure-play AR investments, NEXCF stock facilitates more
than just exposure to a growing industry. Instead,
end-to-end solutions for any revenue-generating endeavor, from
AR-based marketing campaigns and promotions to platform integration
to education and brand evangelization. The possibilities are truly
limitless, demonstrated by its massive
talking names like Johnson
& Johnson (NYSE:
JNJ), Toyota (NYSE:
TM), IBM (NYSE:
IBM), Carnegie Mellon University, BCE
BCE), NATO and many more.
partnerships, such as its deal with BDA Sports
a full-scope AR technology stack, provides
organic exposure to viable professional sports leagues such as the
NHL, NBA, MLB, and NFL. This will help broaden an already expansive
list of clients, including Unesco,
DELL), Luxottica, Vulcan Inc., Boehringer Ingelheim, Grundfos,
Capital Group (NASDAQ:
For undervalued growth investments with excellent risk-reward
be hard-pressed to find anything better than NEXCF.
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:
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%
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
For eCommerce: The
company launched its SaaS platform for webAR
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
app, its 'Try it On'
technology for online apparel, 3D and 360-degree product views, and
'one click buy'.
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.
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
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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