Sector: Technology | Industry: Software |
Company Contact | |
Address: | 422 Richards Street, #170 Vancouver BC V6B 2Z4 |
Tel: | N/A |
Website: | https://www.wishpond.com |
IR: | See website |
Key People | ||
Ali Tajskandar Chairman of the Board, Chief Executive Officer | David Pais Chief Financial Officer | Jordan Gutierrez Chief Operating Officer, Director |
Dennis Zelada Chief Technology Officer | Nicholas Steeves General Manager - PersistIQ | Kendra Low Corporate Secretary |
Business Overview |
Wishpond Technologies Ltd. is a Canada-based provider of marketing focused online business solutions. The Company provides digital marketing solutions that enable entrepreneurs to achieve success online. The Company's Propel IQ platform offers an all-in-one marketing suite that provides companies with marketing, promotion, lead generation, advertisement management, referral marketing, sales conversion and outbound sales automation capabilities on one integrated platform. It serves over 4,000 customers who are primarily small and medium-sized businesses (SMBs) in a variety of industries. The Company has developed marketing technology solutions, including an artificial intelligence (AI) powered Website builder, and continues to add new features and applications. Its subsidiaries include Wishpond Technology Group Ltd., Brax Technologies Inc., Winback Technologies Inc. and others. Wishpond Technology Group Ltd. provides sales engagement technologies to salespeople and entrepreneurs. |
Financial Overview |
For the nine months ended 30 September 2023, Wishpond Technologies Ltd revenues increased 17% to C$17M. Net loss decreased 48% to C$1.1M. Revenues reflect United States segment increase of 25% to C$12.7M, Other segment increase of 10% to C$2.6M. Lower net loss reflects Stock-based compensation decrease of 54% to C$351K (expense), Acquisition related expenses decrease from C$125K (expense) to C$0K. |
Employees: | 300 as of Dec 31, 2022 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $33.89M as of Sep 30, 2023 |
Annual revenue (TTM): | $22.94M as of Sep 30, 2023 |
EBITDA (TTM): | $0.70M as of Sep 30, 2023 |
Net annual income (TTM): | -$0.74M as of Sep 30, 2023 |
Free cash flow (TTM): | -$0.80M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 54,033,620 as of Feb 15, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |