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Highlights

  • ARway’s revenue increases by 194% in the six months after acquiring Map Dynamics.
  • Gross margin rises by 5%, reaching 95% in the first half of FY 2025.
  • Strategic acquisition of Map D strengthens ARway’s position in AR navigation and 3D mapping.

ARway (CSE: ARWY) has reported a significant 194% increase in unaudited revenue and a 5% improvement in gross margin for the six months following its acquisition of Map Dynamics (Map D) in June 2024. The company’s unaudited revenue for the period from September 1, 2024, to February 28, 2025, reached $370,000, with a gross margin of 95%, compared to $126,000 in audited revenue for the same period in the previous year, which had a gross margin of 90%.

The acquisition of Map D allowed ARway to expand its product offerings, enhance technological capabilities, and broaden its market reach, contributing to the impressive financial performance.

Key Financial Highlights:

  • Unaudited revenue (Sept 1, 2024 - Feb 28, 2025): $370,000 with a 95% gross margin, or $351,000 after margin.
  • Audited revenue (Sept 1, 2023 - Aug 31, 2024): $126,000 with a 90% gross margin, or $113,000 after margin.
  • Revenue growth: $244,000 increase, representing a 194% gain over six months.
  • Gross margin increase: 5% rise year-over-year, reaching 95%.

In addition to the revenue growth, ARway’s parent company, Nextech3D.AI, has renewed its share purchase warrant program, issuing 9,986,221 warrants to service providers as part of employment and consulting agreements.