Company
Wishpond Technologies Ltd.
CVE:WISH
Wishpond Technologies Ltd is a provider of marketing-focused online business solutions based out of Vancouver, British Columbia. Wishpond’s vision is to become the leading provider of digital marketing solutions that empower entrepreneurs to achieve success online. The company offers an “all-in-one” marketing suite that provides companies with marketing, promotion, lead generation, and sales conversion capabilities from one integrated platform. Wishpond replaces entire marketing functions in an easy-to-use product, for a fraction of the cost. Wishpond serves over 3,000 customers who are primarily small-to-medium size businesses (SMBs) in a wide variety of industries. The company has developed cutting-edge marketing technology solutions and continues to add new features and applications with great velocity. The company employs a Software-as-a-Service (SaaS) business model where substantially all the company’s revenue is subscription-based recurring revenue which provides excellent revenue predictability and cash flow visibility.
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Wishpond sees record 3Q revenue and positive cash flow thanks to product integrations from acquisitions
For the period ended September 30, 2022, the Vancouver, British Columbia-based marketing technology solutions company, reported revenue of $5,483,256, compared to revenue of $3,976,965 in the corresponding period a year earlier
Wishpond Technologies welcomes noted fintech entrepreneur Lloyed Lobo to its board of directors
Lobo has over 15 years of experience building technology products and companies from conception to scale and is the co-founder of Boast.AI, a fintech platform that helps companies fund their R&D and innovation projects
Wishpond Technologies selected as top pick in 4Q by IA Capital Markets, drawing comparisons with Lightspeed Commerce
Wishpond is a good fit for longer-term investors with a larger risk appetite, the analysts highlighted, calling the company “a name to be considered” in the small cap universe
Wishpond Technologies highlights growth after acquiring Viral Loops Technologies
Wishpond said it now offers Viral Loops’ referral marketing software platform to its customers, allowing Viral Loops to reach a larger customer base while increasing the value of Wishpond’s bundled packages and the company’s average revenue
Wishpond Technologies is riding near-term momentum following record 2Q revenue, Canaccord says
Analysts at Canaccord said the quarter highlighted its early execution in driving the top line, as cash flow improved in the face of a “challenging” economic backdrop
Wishpond Technologies achieves record revenue for 2Q as sales team expansion and new product introductions fuel growth
The marketing-focused online business solutions provider also revealed that it had returned to a positive net cash flow from operations
Wishpond Technologies expects to report record revenue for 2Q 2022
The company said its business has not been affected by macroeconomic challenges such as high inflation, rising interest rates and supply chain disruptions that have affected other industries around the world
Wishpond Technologies launches new website builder product
"This is a website builder that is designed from the ground up to help businesses generate leads and sales, as opposed to other tools where those are afterthoughts,” said Jordan Gutierrez, COO of Wishpond
Wishpond Technologies sees 41% jump in 1Q revenue driven by acquisitions and organic growth
The online marketing solutions company posted revenue of $4.08 million, compared to $2.90 million in the same period last year
Wishpond Technologies announces record recurring revenue in April 2022 led by healthy organic growth
"While our business in the earlier part of Q1 2022 was affected by post-holiday seasonality, we were thrilled to see MRR growth return in March and April," said Ali Tajskandar, CEO of Wishpond
Wishpond forecasts ‘healthy’ growth for current year after Q4 revenue surges 107%
"2021 was a monumental year for Wishpond, as we accomplished record financial results in our first full year as a public company on the TSX Venture Exchange,” said Ali Tajskander, Wishpond's chairman and CEO
Wishpond Technologies says its Winback business is performing better than expected
The Vancouver, British Columbia-based company noted that the number of Winback's customer installations is increasing, and it is now integrated across Wishpond's departments and sales channels
Wishpond Technologies acquires referral marketing firm Viral Loops in US$2.3M deal
The company said Viral Loops has strong sales growth from more than 700 customers, is EBITDA positive and is expected to be immediately accretive to Wishpond
Wishpond's subsidiary Brax enters into partnership with native ad agency ROI Marketplace
Brax is also integrating with MGID, a provider of a native advertising network with access to over 32,000 publishers worldwide reaching over 850 million unique visitors a month
Wishpond partners with LaLeo, the largest medical e-commerce marketplace in Latin America, to help sell the Evergenius marketing platform
Wishpond's subsidiary Invigo uses its Evergenius platform to offer specialized digital marketing services to help medical and dental clinics improve brand recognition and website conversions by growing their customer base and increasing rev
PI Financial initiates coverage on Wishpond Technologies as a 'Buy', highlights strong growth prospects
“WISH spent a number of years investing in a sustainable sales process, and now has a well-established sales generation engine for systematic lead generation and conversion,” analysts at PI Financial said
Wishpond Technologies announces launch of new e-mail marketing platform
"Email marketing is a major part of Wishpond's offering, and our updated features and user experience should help small businesses to achieve even greater levels of engagement and return on investment," said Jordan Gutierrez, the chief oper
Wishpond Technologies recognized by Gartner Digital Markets as it advances marketing-focused online business solutions
The awards include the Capterra Shortlist badge, the Software Advice Front Runners badge, and the GetApp Category Leaders badge -- which recognize Wishpond as a highly ranked product on each platform
Wishpond Technologies says its Brax business is “on track to grow organically” with an expanded sales team
The company said Brax has also recently launched its Universal Ads Editor, providing customers with a faster way to create, launch and monitor campaign performance across multiple platforms
Wishpond Technologies is trading at a “very attractive valuation,” says Paradigm Capital analysts
“We believe WISH is well positioned for outperformance in 2022 given leading organic growth of ~40%, investment in doubling the sales force and a pipeline of M&A opportunities,” the analysts wrote
Wishpond Technologies appoints David Pais as the company's chief financial officer, effective immediately
The company noted that Pais is an experienced, growth-oriented CFO, having worked at several technology companies in Vancouver over the last twenty years
Wishpond completes acquisition of Winback - adding SMS marketing solutions to its platform
"Winback is a great strategic fit with our current product offerings and its cross-sell opportunities are expected to increase our customer lifetime value,” Wishpond chairman and CEO Ali Tajskandar said
Wishpond is on pace to deliver organic revenue growth over coming quarters
The company offers an ‘all-in-one’ online services platform which allows businesses to operate and analyze all aspects of their sales and digital marketing
Wishpond announces acquisition of Winback - a provider of automated SMS marketing solutions for e-commerce
"The synergistic attributes of this tuck-in acquisition are apparent and can be leveraged immediately with Wishpond's existing customer base to drive sales and customer retention," the company's chairman and CEO Ali Tajskandar said
Wishpond Technologies looks a pandemic winner as it helps businesses achieve success online
According to analysts, Wishpond’s “growth looks impressive” as the Canadian digital marketing company is projected to register 75% revenue growth in 2021 of C$14.4 million, and C$20.5 million in annual revenue in 2022
Wishpond reports 90% revenue growth in third quarter 2021 driven by organic growth from incremental investments
For the period ended September 30, 2021, Wishpond achieved a record quarterly revenue of $3.9 million during 3Q of 2021, compared to $2.09 million in 3Q of 2020
Wishpond Technologies says PersistIQ business, acquired earlier this year, is on track and performing better than expected
PersistIQ is now integrated into Wishpond's operations and achieving significant growth thanks to the scaling of its sales team and introduction of new product enhancements and service packages
Wishpond featured as 'focus stock of the month' in Desjardins report; says 'growth looks impressive'
Desjardins reported that Wishpond is a fast-growing, software as a service-based marketing technology company with annual recurring revenue of $15 million
Wishpond Technologies on pace to deliver organic revenue growth, says Beacon Securities analysts
The research firm shared that Wishpond’s CEO Ali Tajskandar acquired about 82,200 shares of his company on the open market
Wishpond Technologies introduces Zoom integration for its appointment software
The integration allows Wishpond Appointments to connect seamlessly with Zoom allowing Wishpond's 3,000+ customers to easily create virtual meetings