Nextech3D Ai Corp

Good afternoon, ladies and gentlemen. Welcome everyone to the NextTex3D.ai fiscal year 2022 and fourth quarter 2022 results conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. Instructions will be provided at that time for you to queue up for your questions. I would like to remind everyone that this call is being recorded today, Thursday, April 20th, 2023. And I will now turn the call over to Ms. Julia Viola, Industrial Relations at Nextech3D.ai. Julia, please go ahead.

Hello, and welcome to the Nextech fiscal year 2022 and fourth quarter 2022 earnings call. With me on the call are Evan Gapelberg, Chief Executive Officer, and Andrew Chan, Chief Financial Officer. Today, after markets closed, Nextech3D.ai released its unaudited financial and operating results for its fourth quarter 2022 and fiscal year ended December 31, 2022. A copy of the earnings disclosure will be available on our website and on CDAR once our audit is complete. Some of the information discussed on this call is based on information as of today, April 20, 2023, and contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those set forth in such statements. For a discussion of these risks and uncertainties, you should review the forward-looking statements disclosure in the earnings press release as well as in our CDAR filings. During this call, we will discuss IFRS results and key performance indicators. A detailed description of our key performance indicators will be available once our audit is complete and our MD&A is filed on CDAR. Neither this call nor the webcast archives may be recorded or otherwise reproduced or distributed without prior written permission from Nextech. To begin our call, Evan Gappelberg, CEO, will discuss fiscal year 2022 and Q4 2022 highlights, as well as recent business developments, followed by Andrew Chan, CFO, who will review our financial results and outlook. Finally, Evan will provide closing remarks before opening up the line for a question and answer period. I'll now turn over the call to CEO and founder of Nextech3D.ai, Evan Gabelberg.

Thank you, Julia. So today's numbers that we just released are unaudited, and they're essentially due to a scheduling issue with our auditors. The actual audited numbers will be filed on CDAR shortly, you know, next week. and there's obviously not expected to be anything materially different, which is why we're comfortable having this call. Obviously, we're finalizing the audit, so we have a very good view and feel 100% confident in today's release, or we would not have released the numbers today. When I look back at 2022, I mean, it was a long time ago, there's been a lot of things that happened in 2022. And most importantly, I'm going to talk a little bit about 2023. So, first off, let's just review that in 2022, we emphasized the rapidly growing global demand for our 3D modeling and augmented reality solutions for e-commerce. And today, in 2022, we are being proven right about that trend continuing in 2023 as our business is growing and remains very strong. The new deal flow is continuing in 2023 and really That serves to reinforce the narrative that we've been publicly vocal about, which is that there is a rapid and accelerating adoption and demand for 3D models in e-commerce across various industries and product categories, which include furniture, sports equipment, clothing, accessories, artwork, appliances, lighting, auto parts, everything that you buy online. And so that trend is here to stay, and 3D models in e-commerce is rapidly becoming a must-have solution. In Q3 2022, it's important to highlight that we've landed Amazon. They are by far the single largest enterprise customer that a company can land for 3D models for e-commerce. They are going all in on 3D. The world has pivoted towards 3D. So make no mistake about it. 3D is here to stay, and it will really be driving the next leg of the $5.5 trillion e-commerce megatrend. To compete in the next decade in e-commerce, in medicine, in education, in events, you will need a 3D model. And that is what Next Tech makes. We make 3D models. And we have breakthrough generative AI, which gives us a competitive advantage in the market and positions us for rapid growth for many years to come. it was quite a challenge to get here meaning 2023 but we're here now and we see nothing but blue sky opportunities from here going forward but let's go back to amazon for a minute because it's just the most important customer for next tech we've delivered Almost 20,000 3D models to Amazon. Take a minute to take that in. 20,000 products on Amazon. Chairs, couches, TVs, rugs, coffee tables. All the products that you and your friends and your relatives shop for on Amazon are being converted from 2D flat photos to 3D interactive models.