Wishpond Technologies (WISH) AI Stock Analysis

• Market Cap: C$12.90M
• Dividend Yield: N/A
• Average Volume (3M): 14.36K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.03
• Revenue Growth: 0.26%
• EPS Growth: -74.45%
• Country: CA
• Employees: 230
• Sector: Technology
• Sector Strength: 40
• Industry: Software - Application
• EPS (TTM): -0.02
• Shares Outstanding: 54,886,745
• 10 Day Avg. Volume: 17,946
• 30 Day Avg. Volume: 14,358
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.64
• Price to Cash Flow (P/CF): 20.60
• P/FCF Ratio: 17.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Wishpond Technologies presents a mixed outlook. Strengths include revenue growth, a strong gross margin, and recent profitability improvements. However, challenges in profitability, cash flow stability, and a negative valuation highlight risks. The strategic focus on AI and operational efficiencies provides a positive long-term perspective.

Wishpond Technologies Business Overview & Revenue Model

Company Description

Wishpond Technologies Ltd. engages in the provision of technological digital marketing solutions for businesses in the United States, Canada, and internationally. The company provides a platform that provides companies with marketing, promotion, lead generation, sales automation, ad management, referral marketing, and sales conversion capabilities. It also offers proprietary cloud-based software for lead generation, marketing automation, and analytics, including landing pages, social promotions, website pop-ups, online forms, lead activity tracking, and email marketing; and a range of integrated marketing services, such as campaign design and management, online advertising, search engine optimization, landing page design, and others. The company serves small-to-medium sized businesses in various industries, such as e-commerce, marketing agencies, beauty, fitness, and design; and blue-chip companies. Wishpond Technologies Ltd. is headquartered in Vancouver, Canada.

How the Company Makes Money

Wishpond Technologies generates revenue primarily through its subscription-based model, where clients pay recurring fees to access its suite of digital marketing tools and services. The company's key revenue streams include monthly and annual subscriptions from businesses using its SaaS platform. Wishpond offers various pricing tiers, allowing clients to choose plans that best fit their needs and budgets. Additionally, Wishpond may generate income from premium services such as custom design and marketing campaign management, which are offered alongside its standard product offerings. Strategic partnerships and collaborations with other technology companies or marketing agencies may also contribute to its revenue, enhancing its service offerings and expanding its customer base.

Wishpond Technologies Financial Statement Overview

Summary

Wishpond Technologies shows strengths in revenue growth and a strong gross profit margin, reflecting potential for market expansion. However, profitability remains a concern with negative net income and EBIT. The balance sheet is robust with manageable debt levels and solid equity backing, but cash flow management needs attention despite recent improvements in free cash flow.

Income Statement

Wishpond Technologies has seen consistent revenue growth over the years, with notable increases from 2020 to 2023. However, the company faces challenges with profitability, as evidenced by persistent negative EBIT and net income figures. The gross profit margin remains healthy, indicating efficient cost management at the production level, but the negative net profit margin highlights struggles in managing other operational expenses.

Balance Sheet

The balance sheet shows a stable equity base with a reasonable debt-to-equity ratio, indicating manageable leverage levels. The equity ratio is strong, reflecting a solid asset base supported by equity. However, the company has a history of negative net income, which affects its return on equity. Overall, the balance sheet is stable but could be improved with enhanced profitability.

Cash Flow

Cash flow analysis reveals fluctuations, with operating and free cash flow showing inconsistencies over the years. The operating cash flow to net income ratio indicates operational challenges, as cash flow from operations is limited compared to net losses. However, recent improvements in free cash flow suggest potential for better cash management in the future.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
23.00M	23.09M	20.48M	14.76M	7.88M	6.05M
	Gross Profit
14.75M	15.19M	13.56M	9.98M	5.23M	3.90M
	EBIT
-794.61K	-1.38M	-1.79M	-3.15M	-1.65K	-377.67K
	EBITDA
562.69K	-233.29K	-1.04M	-3.91M	-1.79M	2.40K
	Net Income Common Stockholders
-1.29M	-1.89M	-1.75M	-4.89M	-2.22M	-428.30K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
269.54K	1.42M	2.96M	6.41M	7.31M	269.54K
	Total Assets
2.11M	14.47M	16.28M	16.79M	9.09M	2.11M
	Total Debt
5.15M	994.66K	0.00	0.00	344.29K	5.15M
	Net Debt
4.88M	-429.93K	-2.69M	-6.24M	-6.96M	4.88M
	Total Liabilities
6.92M	5.15M	5.69M	7.12M	5.03M	6.92M
	Stockholders Equity
-4.82M	9.32M	10.59M	9.67M	4.06M	-4.82M
Cash Flow		Free Cash Flow
-912.46K	-1.58M	-298.74K	-2.45M	2.90M	188.40K
	Operating Cash Flow
159.33K	-287.00K	1.04M	-1.55M	3.19M	376.44K
	Investing Cash Flow
-1.28M	-1.99M	-4.47M	-6.27M	-286.12K	-188.04K
	Financing Cash Flow
1.29M	984.26K	-107.06K	6.74M	4.11M	-109.77K

Wishpond Technologies Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.24
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WISH, the sentiment is Negative. The current price of 0.24 is below the 20-day moving average (MA) of 0.27, below the 50-day MA of 0.30, and below the 200-day MA of 0.32, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.14 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WISH.

Wishpond Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SYZ	68 Neutral	C$165.36M	―	-1.93%	0.56%	-13.99%	-421.95%
WISH	66 Neutral	C$12.90M	―	-13.60%	―	0.26%	-74.45%
Sector *	57 Neutral	$18.45B	9.41	-13.97%	2.74%	5.04%	-23.56%
MOGO	44 Neutral	$28.63M	―	-16.02%	―	8.35%	84.36%
QST	44 Neutral	C$6.20M	―	-13.04%	―	-43.46%	35.70%

Wishpond Technologies Corporate Events

Wishpond Technologies Embraces AI for 2025 Vision

Wishpond Technologies has released its annual CEO letter, highlighting its strategic focus on artificial intelligence as a cornerstone for its 2025 vision. The company aims to build a fully autonomous marketing and sales platform that enhances efficiency and customer satisfaction through AI-driven solutions like SalesCloser. This initiative is expected to reaccelerate growth by expanding the sales team and increasing the adoption of AI technologies, demonstrating Wishpond’s commitment to innovation and long-term profitability.

Wishpond Enhances AI Technology and Announces Leadership Change

Wishpond Technologies has filed a patent for its enhanced state manager technology, aimed at improving the conversational capabilities of its SalesCloser AI virtual agents. This innovation is set to enhance real-time dialogue management by adapting to cues and remembering past interactions, which is crucial for sectors requiring seamless customer interactions like customer service and therapy. The filing marks a significant advancement in Wishpond’s AI offerings, promising to boost customer satisfaction and operational efficiency. Additionally, the company announced the resignation of Nick Steeves, Vice President of Partnerships, who played a vital role in integrating PersistIQ into Wishpond’s suite of products. The senior leadership team will continue to oversee strategic partnerships and drive growth and innovation.

Wishpond’s Viral Loops Sees Record Growth in 2024

Wishpond’s Viral Loops Platform has achieved remarkable growth in 2024, engaging over 3 million participants and generating over 1 million referrals, solidifying its leadership in referral marketing. The platform has seen a 40% increase in Customer Lifetime Value and a 25% rise in Average Revenue Per Account, driven by strategic shifts and new integrations. These achievements highlight Viral Loops’ innovative approach and growing demand across various industries.

Wishpond Technologies Reports Strong Q3-2024 Earnings

Wishpond Technologies reported a significant 79% increase in Adjusted EBITDA for Q3-2024, marking its most profitable quarter since 2022. The company’s strategic cost optimizations and the integration of its AI-powered SalesCloser platform have played a crucial role in enhancing profitability and cash flow. Despite a slight decline in revenue, Wishpond’s focus on innovative solutions and partnerships is expected to drive continued growth and profitability.

Wishpond Technologies to Announce Q3 Financial Results

Wishpond Technologies is set to announce its Third Quarter 2024 financial results on November 20, along with a video conference call to discuss the outcomes. The company, known for its digital marketing solutions, continues to enhance its offerings with AI-powered tools, serving over 4,000 SMBs with subscription-based services.