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Nextech3D.ai CEO digs deeper into the company's Eventdex acquisition โ ICYMI
Proactiveinvestors NAยท 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]