Nextech AR Solutions Corp. Announces Fourth Quarter 2020 Earnings and Conference Call

Rhea-AI Summary

Nextech AR Solutions (NEXCF) plans to release its fourth quarter and full year 2020 financial results on April 15, 2021, after market close. A conference call will follow at 5:30 p.m. Eastern Time, featuring CEO Evan Gappelberg and CFO Kashif Malik. Nextech focuses on augmented reality platforms, significantly generating revenue through e-commerce sites like vacuumcleanermarket.com, infinitepetlife.com, and Trulyfesupplements.com. Investors are encouraged to join the call for insights on the company's performance and FY2020 results.

Positive

• Nextech operates in the growing augmented reality market, which is expected to expand further.
• The company derives revenue from multiple e-commerce platforms, providing diversified income streams.

Negative

• The company has not indicated specific financial performance metrics for Q4 2020 or guidance for future earnings.
• -

Nextech AR Solutions (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), plans to release its fourth quarter and year ended December 31, 2020 financial results after markets close today, April 15, 2021. Subsequently, Nextech will host a conference call (Thursday, April 15, 2021) at 5:30 p.m. Eastern Time. Please join Evan Gappelberg, Chief Executive Officer and Kashif Malik, Chief Financial Officer to discuss these financial and operating results followed by a question-and answer period.

Conference Call Details:

Date: Thursday, April 15, 2021
Time: 5:30 p.m. Eastern Time
Toll Free Dial-In Number: (877) 201-0168
International Dial-In Number: (647) 788-4901
Conference ID: 6185913
Webcast Link: Nextech AR Q4 and Full Year 2020 Earnings Call

For those unable to join the live event, a recording of the presentation will be posted on the company's website.

About Nextech AR

Nextech develops and operates augmented reality (“AR”) platforms that transports three-dimensional (“3D”) product visualizations, human holograms and 360° portals to its audiences altering e-commerce, digital advertising, hybrid virtual events (events held in a digital format blended with in-person attendance) and learning and training experiences.

Nextech focuses on developing AR solutions however most of the Company’s revenues are derived from three e-Commerce platforms: vacuumcleanermarket.com (“VCM”), infinitepetlife.com (“IPL”) and Trulyfesupplements.com (“TruLyfe”). VCM and product sales of residential vacuums, supplies and parts, and small home appliances sold on Amazon.

To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.Nextechar.com.

On behalf of the Board of Nextech AR Solutions Corp.
“Evan Gappelberg”
CEO and Director

The NEO has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210415005338/en/

FAQ

When will Nextech AR Solutions release its Q4 2020 financial results?

Nextech AR Solutions will release its Q4 2020 financial results on April 15, 2021, after market close.

What time is the Nextech AR Solutions earnings conference call?

The earnings conference call for Nextech AR Solutions is scheduled for April 15, 2021, at 5:30 p.m. Eastern Time.

Where can I find the results of Nextech AR Solutions' Q4 2020 financial performance?

The Q4 2020 financial results will be available on Nextech AR Solutions' website following the earnings release.

What are the main revenue sources for Nextech AR Solutions?

Nextech AR Solutions primarily generates revenue from its e-commerce platforms, including vacuumcleanermarket.com, infinitepetlife.com, and Trulyfesupplements.com.