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).
Get the Full Report on
EmergingGrowth.com
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.
Get the Full Report on
EmergingGrowth.com
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
(NSNAP) 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.
Get the Full Report on
EmergingGrowth.com
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.
About EmergingGrowth.com
Through its evolution, EmergingGrowth.com found
a niche in identifying companies that can be overlooked by the
markets. We look for strong management, innovation, strategy,
execution, and the overall potential for long- term growth. Aside
from being a trusted resource for the Emerging Growth info-seekers,
we are well known for discovering undervalued companies and
bringing them to the attention of the investment community. Through
our parent Company, we also have the ability to facilitate road
shows to present your products and services to the most influential
investment banks in the space.
All information contained herein as well as on
the EmergingGrowth.com website
is obtained from sources believed to be reliable but not guaranteed
to be accurate or all-inclusive. All material is for informational
purposes only, is not the opinion of EmergingGrowth.com and
should not be construed as an offer or solicitation to buy or sell
securities. The information includes certain forward-looking
statements, which may be affected by unforeseen circumstances and /
or certain risks.
This report is not without bias. EmergingGrowth.com has
motivation by means of either self-marketing or EmergingGrowth.com has
been compensated by or for a company or companies discussed in this
article. EmergingGrowth.com is
compensated two thousand five hundred dollars per month in exchange
for posting press releases and other content on EmergingGrowth.com beginning
January 19, 2021 and EmergingGrowth.com has
also been compensated additionally for the production and
distribution of a media campaign. EmergingGrowth.com may receive
additional compensation for Nextech AR Solutions and full details
of which can be found here: https://emerginggrowth.com/27286-32336/.
EmergingGrowth.com will
not advise if and when its relationship with this company will
end.
You can easily lose money investing in highly speculative small cap
stocks like the ones mentioned within. Please consult an investment
professional before investing in anything viewed within.
When EmergingGrowth.com is
long shares it will sell those shares. In addition, please make
sure you read and understand the Terms of Use, Privacy Policy and
the Disclosure posted on the EmergingGrowth.com website.
CONTACT:
Company: EmergingGrowth.com
- http://www.EmergingGrowth.com
Contact Email:
info@EmergingGrowth.com
SOURCE:
EmergingGrowth.com