Wishpond Technologies (TSE:WISH)
:WISH
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Wishpond Technologies
(WISH)
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Rating:47Neutral
Price Target:
C$0.14
▼(-1.43% Downside)
Action:ReiteratedDate:02/03/26
The score is primarily held back by weak financial performance, including declining revenue, negative profitability, and challenging cash flow trends. Technicals are largely neutral with a weaker longer-term trend, while valuation is limited by negative earnings and no dividend yield data.
Positive Factors
Gross Margin Strength
A ~66% gross margin indicates a scalable SaaS cost structure where incremental revenue contributes strongly to gross profit. Over 2–6 months this supports funding product development, sales/marketing for customer acquisition, and margin recovery if revenue stabilizes.
Negative Factors
Declining Revenue Trend
Sustained top-line decline undermines operating leverage inherent in SaaS businesses. Over several quarters lower revenue compounds margin pressure, reduces funds available for R&D and sales, and raises the bar for retention/renewal efforts to restore growth sustainably.
Read all positive and negative factors
Positive Factors
Negative Factors
Gross Margin Strength
A ~66% gross margin indicates a scalable SaaS cost structure where incremental revenue contributes strongly to gross profit. Over 2–6 months this supports funding product development, sales/marketing for customer acquisition, and margin recovery if revenue stabilizes.
Read all positive factors
Wishpond Technologies (WISH) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$11.54M
Dividend YieldN/A
Average Volume (3M)42.66K
Price to Earnings (P/E)―
Beta (1Y)0.53
Revenue Growth-31.03%
EPS Growth-67.36%
CountryCA
Employees230
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.01
Shares Outstanding54,951,150
10 Day Avg. Volume27,263
30 Day Avg. Volume42,660
Financial Highlights & Ratios
PEG Ratio0.38
Price to Book (P/B)2.02
Price to Sales (P/S)0.83
P/FCF Ratio-36.47
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)C$17.00M
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, l...
How the Company Makes Money
Wishpond generates revenue primarily through subscription fees for its software services. The company operates on a tiered pricing model, offering various plans that cater to different business needs and budgets. Additionally, Wishpond earns incom...
Wishpond Technologies Earnings Call Summary
Earnings Call Date:Nov 20, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:Apr 23, 2026
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.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.
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.
Read all updates
Q3-2024 Updates
Positive
Negative
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.
Read all positive updates
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
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 15.86M | 21.62M | 23.09M | 20.48M | 14.76M | 7.88M |
| Gross Profit | 10.02M | 14.77M | 15.19M | 13.56M | 9.98M | 5.23M |
| EBITDA | -347.84K | 985.84K | -233.29K | -1.04M | -3.91M | -1.79M |
| Net Income | -2.19M | -828.99K | -1.89M | -1.75M | -4.89M | -2.22M |
Balance Sheet | ||||||
| Total Assets | 12.05M | 13.77M | 14.47M | 16.28M | 16.79M | 9.09M |
| Cash, Cash Equivalents and Short-Term Investments | 501.01K | 1.13M | 1.42M | 2.96M | 6.41M | 7.31M |
| Total Debt | 2.53M | 1.30M | 994.66K | 0.00 | 0.00 | 344.29K |
| Total Liabilities | 5.15M | 4.93M | 5.15M | 5.69M | 7.12M | 5.03M |
| Stockholders Equity | 6.89M | 8.84M | 9.32M | 10.59M | 9.67M | 4.06M |
Cash Flow | ||||||
| Free Cash Flow | -1.50M | -490.65K | -1.58M | -298.74K | -2.45M | 2.90M |
| Operating Cash Flow | -1.08M | 519.38K | -287.00K | 1.04M | -1.55M | 3.19M |
| Investing Cash Flow | -804.68K | -1.11M | -1.99M | -4.47M | -6.27M | -286.12K |
| Financing Cash Flow | 1.31M | 291.73K | 984.26K | -107.06K | 6.74M | 4.11M |
Wishpond Technologies Technical Analysis
Positive
0.14
Price Trends
0.15
Positive
0.14
Positive
0.15
Positive
Market Momentum
0.02
Negative
68.42
Neutral
57.58
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WISH, the sentiment is Positive. The current price of 0.14 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.15, and below the 200-day MA of 0.15, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 68.42 is Neutral, neither overbought nor oversold. The STOCH value of 57.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:WISH.
Wishpond Technologies Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
54 Neutral | C$9.43M | -7.68 | -4.82% | ― | 7.41% | 55.10% | |
50 Neutral | C$37.22M | 52,438.03 | ― | ― | 104.32% | 70.63% | |
47 Neutral | C$11.54M | -4.39 | -27.39% | ― | -31.03% | -67.36% | |
47 Neutral | C$2.39M | -3.22 | ― | ― | 155678.40% | -1772.63% | |
46 Neutral | C$24.16M | -6.96 | 83.70% | ― | -59.22% | 83.08% | |
| ― | C$7.08M | -0.45 | 1281.62% | ― | ― | ― |
* Technology Sector Average
TSE:WISH
Wishpond Technologies
0.21
-0.04
-16.00%
TSE:MBO
Mobio Technologies
0.12
-0.04
-25.00%
TSE:RSS
Resaas Services
0.47
0.07
16.25%
TSE:ADCO
Adcore
0.16
-0.05
-24.39%
TSE:NTAR
NexTech AR Solutions
0.11
0.07
175.00%
TSE:VSBY
Vsblty Groupe Technologies
0.08
-0.02
-23.81%
Wishpond Technologies Corporate Events
Business Operations and StrategyDelistings and Listing ChangesM&A Transactions
Wishpond to Spin Out SalesCloser in Reverse Takeover with G2M Cap
Positive
Dec 23, 2025
G2M Cap Corp., Wishpond Technologies and SalesCloser Technologies have signed a definitive master agreement under which Wishpond’s rapidly growing SalesCloser business will be spun out and combined with G2M through a reverse takeover to crea...
Business Operations and StrategyPrivate Placements and Financing
Wishpond and Partners Secure $1.5M for SalesCloser’s AI Expansion
Positive
Dec 15, 2025
Wishpond Technologies, along with G2M Cap Corp and SalesCloser Technologies, announced the closing of a $1.5 million bridge financing to support the growth of SalesCloser and its expansion in AI sales and marketing. The financing will fund product...
Business Operations and StrategyFinancial Disclosures
Wishpond Technologies Achieves Positive Adjusted EBITDA and Record Gross Margins in Q3 2025
Positive
Nov 26, 2025
Wishpond Technologies announced a return to positive Adjusted EBITDA and achieved its highest gross margins since 2020 in Q3 2025, driven by cost optimization and a leaner operating model. Despite a decline in revenue due to strategic business tra...
Business Operations and StrategyDelistings and Listing Changes
Wishpond Technologies to Spin Out SalesCloser for Focused Growth
Positive
Nov 5, 2025
Wishpond Technologies has announced a strategic move to spin out its SalesCloser business into a separate publicly listed company. This decision is expected to allow Wishpond to focus on its core marketing technology platform and improve financial...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.