Nextech3D.AI Announces Strong Financial Results Amid Strategic Restructuring

Nextech3D.AI Corp., a leader in AI-driven 3D modeling, released its audited financial results for the 15-month period ending March 31, 2025. The company reported a 55% increase in gross profit, reaching $2.24 million. This was accompanied by a significant improvement in gross margin, which surged to 64% from a previous 29%. Despite a 31% drop in revenue due to a strategic business model shift, operating cash burn decreased by 58% as the company streamlined its operations.

The company has effectively reduced its operating expenses, with sales and marketing expenses down by 55% and R&D spending reduced by 45%. CEO Evan Gappelberg highlighted the firm's strategic focus on margin expansion and cost management as key to their progress. Nextech3D.AI plans to leverage its scalable AI solutions for various sectors, aiming to enhance recurring revenue and generate long-term shareholder value.