tiprankstipranks
Trending News
More News >
Wishpond Technologies (TSE:WISH)
:WISH

Wishpond Technologies (WISH) AI Stock Analysis

Compare
35 Followers

Top Page

TS

Wishpond Technologies

(WISH)

Rating:57Neutral
Price Target:
C$0.00
▼(-100.00%Downside)
The overall stock score is driven by strong corporate events and positive earnings call developments, indicating potential for future growth. However, weak technical analysis and valuation scores due to negative profitability and bearish price trends weigh heavily.

Wishpond Technologies (WISH) vs. iShares MSCI Canada ETF (EWC)

Wishpond Technologies Business Overview & Revenue Model

Company DescriptionWishpond Technologies Ltd. (WISH) is a technology company that specializes in providing digital marketing solutions to businesses. The company offers a comprehensive suite of marketing software and services, including lead generation, email marketing, marketing automation, and online advertising. Its core products are designed to help businesses enhance their online presence, engage with their customers, and increase sales through effective digital marketing strategies.
How the Company Makes MoneyWishpond Technologies generates revenue primarily through subscription-based services for its marketing software. Businesses pay recurring fees to use Wishpond's platform, which offers tools for creating landing pages, pop-ups, forms, and various digital marketing campaigns. Additional revenue streams include professional services such as managed marketing services, where Wishpond provides expertise in executing and optimizing marketing strategies for clients. The company may also earn from partnerships with other technology providers to deliver integrated solutions or expand its product offerings. Key factors contributing to earnings include the scalability of its software platform, customer retention, and the ability to attract new clients seeking comprehensive digital marketing solutions.

Wishpond Technologies Earnings Call Summary

Earnings Call Date:May 21, 2025
(Q3-2024)
|
% Change Since: -25.00%|
Next Earnings Date:Aug 20, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mixed picture with significant strides in profitability and operational efficiency through the use of AI technologies, particularly SalesCloser AI. However, there was a notable decline in revenue due to the loss of a large legacy customer and a reduction in the sales team. While the company is optimistic about future growth and profitability, these challenges weigh on the overall sentiment.
Q3-2024 Updates
Positive Updates
Improved Profitability and Cash Flow
Wishpond achieved adjusted EBITDA of $571,000 in Q3 2024, an improvement of 79% compared to Q3 2023. The company also reported an adjusted EBITDA margin exceeding 11%, marking its most profitable quarter since 2022.
Launch and Success of SalesCloser AI
SalesCloser AI was launched, featuring a virtual AI agent capable of conducting sales calls and demos in 10 languages. Initial customer feedback has been positive, with SalesCloser performing better than human agents in some metrics.
Strategic Partnership with Roomvu Technologies
Wishpond entered a partnership with Roomvu Technologies to leverage SalesCloser, enhancing lead follow-up and sales conversions for over 220,000 real estate agents.
Increased Internal Efficiency
Wishpond utilized SalesCloser internally, reducing the need for a large sales team and improving sales capacity and operational efficiency.
Negative Updates
Revenue Decline
Wishpond reported quarterly revenue of $5.1 million in Q3 2024, down from $5.8 million in Q3 2023, primarily due to the decline in revenues from a large legacy customer.
Reduction in Sales Team
The sales team headcount was reduced from 42 account executives in Q4 2023 to 28 in Q3 2024, impacting revenue negatively.
Company Guidance
In the Q3 2024 earnings call for Wishpond, the company provided guidance emphasizing a focus on profitability and growth despite a decline in quarterly revenue to $5.1 million, down from $5.8 million in the previous year. The company achieved an adjusted EBITDA of $571,000, marking a 79% improvement over the prior year, and an EBITDA margin exceeding 11%, highlighting significant cost management and operational efficiency. Wishpond also reported positive cash flow from operations of $178,000 for the quarter. They unveiled plans to drive 2025 growth through increased utilization of their SalesCloser AI platform, which has demonstrated higher monthly recurring revenue (MRR) potential compared to their current Propel IQ offering. SalesCloser, priced from $250 to $2,000 per month, is expected to significantly impact Wishpond's revenue mix, with expectations of a return to historic growth rates of over 30% annually. Looking ahead, the strategic focus includes expanding the sales team, leveraging AI for internal and external sales processes, and enhancing gross margins and customer retention.

Wishpond Technologies Financial Statement Overview

Summary
Wishpond Technologies shows strong gross profit margins and improved cash flow management. However, profitability and consistent revenue growth remain challenges, affecting overall financial health. The balance sheet is stable with low leverage, but negative profitability impacts the score.
Income Statement
55
Neutral
Wishpond Technologies has shown a mixed performance in its income statement. The gross profit margin remains healthy, indicating good control over production costs with a 60.7% margin for the latest period. However, the company is struggling with profitability, as evidenced by negative net profit margins and EBIT margins in recent years. Revenue growth has been inconsistent, with a decrease in 2024 compared to 2023, suggesting potential challenges in sustaining growth.
Balance Sheet
60
Neutral
The company's balance sheet shows moderate strength. The debt-to-equity ratio is low, reflecting manageable leverage levels. However, the equity ratio has decreased over time, indicating a shift towards higher liabilities relative to assets. Return on equity remains negative due to ongoing losses. Overall, the company maintains decent liquidity but needs to improve its profitability to enhance balance sheet stability.
Cash Flow
65
Positive
Cash flow analysis reveals some positive trends. Operating cash flow has improved significantly, turning positive in the most recent year, indicating better cash management. The free cash flow has also turned positive, showcasing improved efficiency. However, the operating cash flow to net income ratio is skewed due to negative net income, and cash flows have been volatile historically, highlighting potential risks.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
21.62M23.09M20.48M14.76M7.88M
Gross Profit
13.12M15.19M13.56M9.98M5.23M
EBIT
-324.31K-1.38M-1.79M-3.15M-1.65K
EBITDA
985.84K-233.29K-1.04M-3.91M-1.79M
Net Income Common Stockholders
-828.99K-1.89M-1.75M-4.89M-2.22M
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.13M1.42M2.96M6.41M7.31M
Total Assets
13.77M14.47M16.28M16.79M9.09M
Total Debt
1.30M994.66K0.000.00344.29K
Net Debt
169.67K-429.93K-2.69M-6.24M-6.96M
Total Liabilities
4.93M5.15M5.69M7.12M5.03M
Stockholders Equity
8.84M9.32M10.59M9.67M4.06M
Cash FlowFree Cash Flow
368.25K-1.58M-298.74K-2.45M2.90M
Operating Cash Flow
368.25K-287.00K1.04M-1.55M3.19M
Investing Cash Flow
-1.11M-1.99M-4.47M-6.27M-286.12K
Financing Cash Flow
442.87K984.26K-107.06K6.74M4.11M

Wishpond Technologies Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.15
Price Trends
50DMA
0.21
Negative
100DMA
0.26
Negative
200DMA
0.29
Negative
Market Momentum
MACD
-0.02
Positive
RSI
34.77
Neutral
STOCH
13.69
Positive
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 0.15 is below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.21, and below the 200-day MA of 0.29, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 34.77 is Neutral, neither overbought nor oversold. The STOCH value of 13.69 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WISH.

Wishpond Technologies Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSRW
62
Neutral
C$14.65M44.38136.37%10.33%
62
Neutral
$11.80B10.31-7.45%2.91%7.43%-7.78%
57
Neutral
C$8.24M-11.64%-16.39%36.90%
49
Neutral
C$6.77M197.04%-14.23%25.49%
48
Neutral
C$9.90M-52.95%3.65%-25.74%
41
Neutral
C$11.57M-2108.66%-47.00%-22.30%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:WISH
Wishpond Technologies
0.15
-0.32
-68.09%
TSE:BWLK
Boardwalktech Software
0.11
-0.04
-25.00%
TSE:VXTR
Voxtur Analytics
0.02
-0.07
-77.78%
TSE:RW
Renoworks Software
0.36
0.16
80.00%
TSE:RIWI
RIWI Corp
0.55
-0.05
-8.33%

Wishpond Technologies Corporate Events

Business Operations and StrategyFinancial Disclosures
Wishpond Technologies Highlights Growth in AI Sales Platform Amid Strategic Shift
Positive
May 22, 2025

Wishpond Technologies reported its Q1-2025 financial results, highlighting significant growth in its SalesCloser AI platform, which achieved $1 million in Annual Recurring Revenue (ARR), marking the fastest ARR growth among its products. Despite a year-over-year decline in quarterly revenue due to a strategic shift towards AI-driven solutions, the company expects revenue growth in the second half of 2025. This transition involved moving away from lower-margin legacy customers and focusing on AI-enabled products, which has positioned Wishpond to drive sustainable profitability and shareholder value.

The most recent analyst rating on (TSE:WISH) stock is a Buy with a C$1.40 price target. To see the full list of analyst forecasts on Wishpond Technologies stock, see the TSE:WISH Stock Forecast page.

Product-Related AnnouncementsBusiness Operations and Strategy
Wishpond’s SalesCloser AI Reaches $1 Million ARR Milestone
Positive
May 21, 2025

Wishpond Technologies has announced that its SalesCloser AI platform has reached a significant milestone of $1 million in Annual Recurring Revenue, highlighting the growing demand for AI-driven sales automation. The platform, which has become the company’s fastest-growing product, serves over 150 customers and has deployed more than 2,600 AI-powered agents, demonstrating its impact on streamlining operations, reducing costs, and enhancing business efficiency. This achievement underscores Wishpond’s position as a leader in AI-powered sales automation and aligns with its strategy to innovate and expand its platform’s capabilities, including the development of new AI agents.

The most recent analyst rating on (TSE:WISH) stock is a Buy with a C$1.40 price target. To see the full list of analyst forecasts on Wishpond Technologies stock, see the TSE:WISH Stock Forecast page.

Financial Disclosures
Wishpond Technologies to Release Q1 2025 Financial Results and Host Conference Call
Neutral
May 14, 2025

Wishpond Technologies Ltd. has announced that it will release its First Quarter 2025 Financial Statements and management’s discussion and analysis on May 22, 2025, before the market opens. The company will also host a conference call on the same day to discuss the results, led by CEO Ali Tajskandar and CFO Adrian Lim. This announcement is significant for stakeholders as it provides insights into the company’s financial health and strategic direction, reinforcing its commitment to transparency and engagement with investors.

The most recent analyst rating on (TSE:WISH) stock is a Buy with a C$1.40 price target. To see the full list of analyst forecasts on Wishpond Technologies stock, see the TSE:WISH Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Wishpond Technologies Achieves Record Growth in Fiscal 2024
Positive
Apr 24, 2025

Wishpond Technologies reported a record Adjusted EBITDA of $1.7 million for fiscal 2024, marking a 129% increase from the previous year, and achieved positive Adjusted EBITDA for the tenth consecutive quarter. The company generated annual revenue of $21.6 million, despite a decline in revenue from a legacy customer, and is optimistic about accelerating growth in 2025 through its SalesCloser AI platform. This platform has become Wishpond’s fastest-growing product, contributing significantly to the company’s revenue, and is expected to drive further growth through new sales initiatives and strategic partnerships. The company is well-positioned to capitalize on opportunities in the Canadian market, benefiting from trends favoring Canadian software vendors.

Financial Disclosures
Wishpond Technologies to Release FY 2024 Financial Results on April 24, 2025
Neutral
Apr 10, 2025

Wishpond Technologies Ltd. announced it will release its audited financial results for the fiscal year ending December 31, 2024, on April 24, 2025. A conference call will be held on the same day to discuss the results, hosted by the company’s CEO and CFO. This announcement highlights Wishpond’s commitment to transparency and its ongoing efforts to maintain strong revenue predictability and cash flow visibility through its SaaS business model.

Product-Related AnnouncementsBusiness Operations and Strategy
Wishpond Partners with Venops to Launch AI Sales Platform in Healthcare
Positive
Mar 27, 2025

Wishpond Technologies has entered into a collaboration with Venops Inc. to market and sell its AI-powered SalesCloser platform, branded as Provencis, to the healthcare and medical industry. This partnership aims to revolutionize sales engagement in the medical sector by leveraging AI technology to enhance patient care, administrative tasks, and sales operations, ultimately improving operational efficiency and patient outcomes.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.