Wishpond Technologies (TSE:WISH)
:WISH
Want to see TSE:WISH full AI Analyst Report?
Top Page
Wishpond Technologies
(WISH)
Select Model
Select Model
Rating:42Neutral
Price Target:
C$0.18
▲(30.00% Upside)
Action:Reiterated
Date:05/28/26
The score is primarily weighed down by weak financial performance (declining revenue, ongoing losses, and negative operating/free cash flow). Technicals also lean bearish (negative MACD and trading below key short- and mid-term moving averages). Valuation offers limited support given the negative P/E and no dividend yield provided.
Positive Factors
Gross margin strength
A TTM gross margin of roughly 63% indicates strong core product economics and scalable unit profitability. High gross margins provide durable capacity to absorb sales and R&D spending, making it easier to reach operating leverage as revenue stabilizes or grows.
Negative Factors
Revenue decline
A multi-year slowdown with TTM revenue down ~9.2% erodes scale needed to amortize fixed costs and invest in growth. Sustained top-line contraction reduces bargaining power, weakens retention economics, and makes achieving operating leverage more difficult over months.
Read all positive and negative factors
Positive Factors
Negative Factors
Gross margin strength
A TTM gross margin of roughly 63% indicates strong core product economics and scalable unit profitability. High gross margins provide durable capacity to absorb sales and R&D spending, making it easier to reach operating leverage as revenue stabilizes or grows.
Read all positive factors
Wishpond Technologies (WISH) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$9.07M
Dividend YieldN/A
Average Volume (3M)42.66K
Price to Earnings (P/E)―
Beta (1Y)0.77
Revenue Growth-33.65%
EPS Growth-430.05%
CountryCA
Employees230
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.10
Shares Outstanding54,969,900
10 Day Avg. Volume27,263
30 Day Avg. Volume42,660
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)1.14
Price to Sales (P/S)0.55
P/FCF Ratio-4.90
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
Vancouver, Canada-based Wishpond Technologies Ltd. delivers advanced digital marketing solutions to businesses throughout the United States, Canada, and globally. The company offers a comprehensive platform designed to facilitate marketing campaig...
How the Company Makes Money
Wishpond makes money primarily by selling access to its marketing and lead-generation software and by providing related marketing services. Key revenue streams include: (1) Software/platform revenue: recurring fees from customers that subscribe to...
Wishpond Technologies Earnings Call Summary
Earnings Call Date:Nov 20, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:Aug 26, 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
32
Negative
Balance Sheet
56
Neutral
Cash Flow
30
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 14.37M | 21.62M | 23.09M | 20.48M | 14.76M |
| Gross Profit | 8.23M | 14.77M | 15.19M | 13.56M | 9.98M |
| EBITDA | -467.71K | 985.84K | -233.29K | -1.04M | -3.91M |
| Net Income | -2.28M | -828.99K | -1.89M | -1.75M | -4.89M |
Balance Sheet | |||||
| Total Assets | 13.27M | 13.77M | 14.47M | 16.28M | 16.79M |
| Cash, Cash Equivalents and Short-Term Investments | 1.88M | 1.13M | 1.42M | 2.96M | 6.41M |
| Total Debt | 3.61M | 1.30M | 994.66K | 0.00 | 0.00 |
| Total Liabilities | 6.31M | 4.93M | 5.15M | 5.69M | 7.12M |
| Stockholders Equity | 6.96M | 8.84M | 9.32M | 10.59M | 9.67M |
Cash Flow | |||||
| Free Cash Flow | -1.63M | -490.65K | -1.58M | -298.74K | -2.45M |
| Operating Cash Flow | -1.62M | 519.38K | -287.00K | 1.04M | -1.55M |
| Investing Cash Flow | -733.88K | -1.11M | -1.99M | -4.47M | -6.27M |
| Financing Cash Flow | 3.11M | 291.73K | 984.26K | -107.06K | 6.74M |
Wishpond Technologies Technical Analysis
Negative
0.14
Price Trends
0.19
Negative
0.18
Negative
0.16
Negative
Market Momentum
>-0.01
Negative
36.95
Neutral
-20.63
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 0.14 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.19, and below the 200-day MA of 0.16, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 36.95 is Neutral, neither overbought nor oversold. The STOCH value of -20.63 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
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% | |
51 Neutral | C$10.35M | -5.32 | -4.82% | ― | 6.35% | -255.68% | |
51 Neutral | C$31.51M | -5.72 | 83.70% | ― | -25.58% | 57.87% | |
46 Neutral | C$36.14M | 1,433.33 | ― | ― | 134.57% | ― | |
42 Neutral | C$9.07M | -1.70 | -27.39% | ― | -33.65% | -430.05% | |
41 Neutral | C$2.01M | -0.52 | ― | ― | ― | ― | |
| ― | C$11.06M | -2.34 | 1281.62% | ― | 35.62% | 16.77% |
* Technology Sector Average
TSE:WISH
Wishpond Technologies
0.17
-0.02
-10.81%
TSE:MBO
Mobio Technologies
0.09
<0.01
10.00%
TSE:RSS
Resaas Services
0.43
0.04
11.69%
TSE:ADCO
Adcore
0.17
-0.10
-37.04%
TSE:NTAR
NexTech AR Solutions
0.14
0.08
125.00%
TSE:VSBY
Vsblty Groupe Technologies
0.13
0.02
25.00%
Wishpond Technologies Corporate Events
Business Operations and StrategyDelistings and Listing ChangesM&A Transactions
Wishpond Sets TSX Venture Trading Date for Majority-Owned SalesCloser
Positive
Apr 7, 2026
Wishpond Technologies Ltd., a Vancouver-based provider of AI-driven marketing and sales software for small and medium-sized businesses, operates a SaaS platform that integrates tools like AI Website Builder and AI Email Automation to support the f...
Business Operations and StrategyExecutive/Board Changes
Wishpond Names Jordan Gutierrez CEO as Company Enters New Execution Phase
Positive
Mar 27, 2026
Wishpond Technologies has appointed long-time executive Jordan Gutierrez as its new Chief Executive Officer, effective March 26, 2026, as part of a broader leadership transition. Gutierrez, who previously served as Chief Operating Officer and has ...
Business Operations and StrategyDelistings and Listing ChangesFinancial DisclosuresPrivate Placements and Financing
SalesCloser AI Goes Public via Qualifying Transaction with Wishpond
Positive
Mar 27, 2026
SalesCloser Technologies Ltd., formerly G2M Cap Corp., has completed its qualifying transaction with Wishpond Technologies and SalesCloser AI, becoming a standalone publicly traded company on the TSX Venture Exchange under the symbol SCAI. Followi...
Business Operations and StrategyDelistings and Listing ChangesM&A TransactionsPrivate Placements and FinancingShareholder MeetingsStock Split
G2M Shareholders Approve SalesCloser Acquisition and Public Listing Steps
Positive
Mar 21, 2026
G2M Cap Corp., a capital pool company listed on the TSX Venture Exchange, has received unanimous shareholder approval for key steps tied to its qualifying transaction to acquire SalesCloser Technologies from Wishpond Technologies. Approved measure...
Business Operations and StrategyM&A TransactionsPrivate Placements and FinancingRegulatory Filings and ComplianceShareholder Meetings
G2M Cap Moves Toward Qualifying Deal to Acquire Wishpond’s SalesCloser Unit
Positive
Mar 19, 2026
G2M Cap Corp., a capital pool company listed on the TSX Venture Exchange, has filed a filing statement for its qualifying transaction to acquire SalesCloser Technologies Inc. from marketing technology firm Wishpond Technologies. The filing follows...
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.