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Nextech3D.ai expands client base with KraftyLab acquisition - ICYMI
Proactiveinvestors NA· 2025-12-13 14:43
Core Insights - Nextech3D.AI's acquisition of KraftyLab is described as a "transformational" move that positions the company for significant future growth [1][3] Financial Performance - KraftyLab generates annual revenue between $1.1 million and $1.2 million with a gross margin of 72% [4] - The acquisition adds over 400 enterprise clients, including major companies like Google, Meta, Microsoft, Netflix, and Oracle, enhancing Nextech's brand credibility and market access [4] Customer Base and Growth Potential - The combined customer base of Nextech3D.AI, KraftyLab, Eventdex, and MapD exceeds 1,000 clients globally, indicating substantial scale and growth potential [5] - KraftyLab's average customer spend is currently around $2,000, but integration with Nextech's AI event solutions could increase this to as much as $200,000 [7] Future Projections - By 2026, Nextech3D.AI anticipates having 1,000 global customers and achieving the highest margin revenue in its history [8] - The company expects triple-digit top-line growth in 2026, driven by both existing customer relationships and new inbound leads valued at approximately $1 million each month [9]
Nextech3D.ai CEO digs deeper into the company's Eventdex acquisition – ICYMI
Proactiveinvestors NA· 2025-10-04 17:01
Core Insights - Nextech3D.AI has strategically acquired Eventdex, significantly enhancing its event technology capabilities and providing an all-in-one solution for event organizers [1][12] - The acquisition is expected to increase the average order value per customer from $3,000 to $20,000, leading to a potential revenue increase of $10 million from upselling existing customers [2][5] - The deal accelerates the rollout of blockchain ticketing, with a launch anticipated in Q4 2025, tapping into the $85 billion global ticketing market [3][7] Financial Impact - The acquisition is fully funded in cash, avoiding shareholder dilution and expected to double the company's revenue [3][9] - The company anticipates becoming cash flow positive in 2026 and beyond, with significant growth potential from further M&A activities in the fragmented event tech space [3][9][10] Market Opportunities - Blockchain technology will provide a fraud-free, bot-resistant ticketing solution, allowing the company to capture significant market share in the ticketing industry [6][8] - The integration of various tools such as badging, floor plan mapping, and AI matchmaking positions the company as a leading provider in event technology [1][12]