Wishpond Technologies CEO Ali Tajskandar and CFO David Pais joined Steve Darling from Proactive to share its Q-1 2023 financial numbers that showed 38% year over year revenue growth with 5.6 million. Pais also told Proactive Gross Profit saw a 45% increase, Gross Margin percentage of 66%, and positive Adjusted EBITDA showing an increase of 147%. Tajskandar telling Proactive growth was driven organically from stronger product demand, an increase in sales and marketing activities, and new product introductions. The company currently has 1.9 million in cash and no debt and the plan to look building its acquisition pipeline.
Wishpond seeing strong growth as company reports 38% increase in revenue year over year
