TorontoVE:WISH

Wishpond Reports Continued Revenue and Adjusted EBITDA Growth in Q4-2023 and Fiscal 2023

Retrieved on: 
Thursday, April 18, 2024
Education, Annual, Revenue, Social media, Travel, AI, Marketing, Insurance, Traction, MD, Intelligence, Acquisition, Bank statement, Adjustment, Advertising, Growth, Earnout

Wishpond achieved record annual revenue of $23.1 million in its fiscal year 2023, an increase of 13% compared to its fiscal year 2022.

Key Points: 
  • Wishpond achieved record annual revenue of $23.1 million in its fiscal year 2023, an increase of 13% compared to its fiscal year 2022.
  • Wishpond achieved Adjusted EBITDA(1) of $0.8 million in its fiscal year 2023.
  • We believe the combination of Propel IQ and SalesCloser AI, positions Wishpond for the next phase of the Company's growth.
  • Fiscal 2023 Annual Financial Highlights:
    Wishpond achieved record annual revenue of $23,088,138 during its fiscal year 2023, compared to $20,478,834 in its fiscal year 2022, an increase of 13%.

Wishpond Announces Date for Fourth Quarter and Fiscal Year End 2023 Financial Results Video Conference Call

Retrieved on: 
Wednesday, April 10, 2024

VANCOUVER, BC, April 10, 2024 /PRNewswire/ - Wishpond Technologies Ltd. (TSXV: WISH) (OTCQX: WPNDF) (the "Company" or "Wishpond"), a provider of marketing-focused online business solutions, is pleased to announce that it expects to release its Audited Annual Financial Statements for the fiscal year and three months ended December 31, 2023 on Thursday, April 18th, 2024.

Key Points: 
  • VANCOUVER, BC, April 10, 2024 /PRNewswire/ - Wishpond Technologies Ltd. (TSXV: WISH) (OTCQX: WPNDF) (the "Company" or "Wishpond"), a provider of marketing-focused online business solutions, is pleased to announce that it expects to release its Audited Annual Financial Statements for the fiscal year and three months ended December 31, 2023 on Thursday, April 18th, 2024.
  • The Company will also host a conference call to discuss the results on the same day at 10:00 am PT (1:00 pm ET).
  • The call will be hosted by: Ali Tajskandar, Chairman and Chief Executive Officer; and David Pais, Chief Financial Officer.

Wishpond Launches SalesCloser AI, a Next Generation AI-Powered Virtual Sales Agent

Retrieved on: 
Thursday, April 4, 2024
Software as a service, Growth, Intelligence, Education, Travel, AI, Insurance, Data collection, Sales

SalesCloser AI is Wishpond's next generation virtual sales agent, harnessing advanced generative artificial intelligence capabilities to automate the sales process.

Key Points: 
  • SalesCloser AI is Wishpond's next generation virtual sales agent, harnessing advanced generative artificial intelligence capabilities to automate the sales process.
  • VANCOUVER, BC, April 4, 2024 Wishpond Technologies Ltd. (TSXV: WISH) (OTCQX: WPNDF) (the "Company" or "Wishpond"), a provider of marketing-focused online business solutions, is pleased to announce the launch of SalesCloser AI ("SalesCloser"), the Company's next generation AI-powered virtual sales agent.
  • SalesCloser heralds a new era of personalized, round-the-clock sales calls and product demos for businesses without the need for human intervention.
  • Using SalesCloser, we anticipate businesses will be able to reduce hiring costs and automate their tasks and sales processes.

Wishpond Marks First Anniversary of Propel IQ; Highlighting Lower Customer Churn Rates and Accelerating Customer Growth

Retrieved on: 
Tuesday, March 5, 2024
Propel, Marketing, Growth, Customer, LTV, SMS, MRR, Customer lifetime value, Customer attrition, Mobile phone

Launched in March 2023, Propel IQ is Wishpond's 'All-in-One' marketing platform built to serve all our customers' digital marketing needs.

Key Points: 
  • Launched in March 2023, Propel IQ is Wishpond's 'All-in-One' marketing platform built to serve all our customers' digital marketing needs.
  • Ali Tajskandar, CEO of Wishpond, commented, "Propel IQ is putting Wishpond on track for its next stage of growth.
  • Looking ahead, we anticipate the growth of Propel IQ to continue this trajectory and become a cornerstone for growth and profitability for Wishpond."
  • Up to 40% Lower Customer Churn: The customer churn rate for Propel IQ customers is between 30 and 40% lower in some cohorts compared to customers of other Wishpond solutions.

Wishpond Launches Beta Program for SalesCloser AI and Announces Kevin Ho as General Manager of SalesCloser

Retrieved on: 
Wednesday, February 7, 2024
Growth, Travel, Marketing, AI, Brax, Education, Insurance, Sales

Wishpond launches Beta Program for SalesCloser, the Company's AI powered virtual sales agent.

Key Points: 
  • Wishpond launches Beta Program for SalesCloser, the Company's AI powered virtual sales agent.
  • Kevin Ho, Wishpond's General Manager of Brax and Viral Loops, has been appointed General Manager of SalesCloser AI to lead the future growth of the AI powered sales platform.
  • The SalesCloser Beta program is an eagerly anticipated event, with several hundred businesses already signed up for its launch.
  • To sign up for the SalesCloser Beta Program or for more information, please visit: www.salescloser.ai

Wishpond's Annual CEO Letter Highlights Improvements in Revenue Growth and Profitability in 2024

Retrieved on: 
Thursday, January 18, 2024
SAAS, Adjustment, Luigi, MRR, AI, Language, Tier 1, Growth, Investment, Churn, Artificial intelligence, Earnout, Customer, Software, LTV, KPI, Marketing, SMB, Sales

Wishpond expects improvements in revenue growth and cashflow in 2024, driven by increasing sales of Propel IQ and the introduction of AI enabled marketing products.

Key Points: 
  • Wishpond expects improvements in revenue growth and cashflow in 2024, driven by increasing sales of Propel IQ and the introduction of AI enabled marketing products.
  • We are expecting improvements in both growth and profitability in 2024.
  • Since going public in December 2020, the Company has more than tripled its revenue and doubled its number of customers.
  • With these two major investments in Propel IQ and major AI development in 2023, we are eagerly looking forward to increasing revenue growth and profitability in 2024.

Wishpond Files Patent for AI Enabled Virtual Representative; the Technology Powering Wishpond's SalesCloser AI

Retrieved on: 
Thursday, December 7, 2023
Autoresponder, Artificial intelligence, Marketing, Data collection, System, Virtual, Education, AI, Patent, Medical device, Sales, Customer service

Wishpond files a utility patent for the innovative technology behind the Company's groundbreaking SalesCloser AI product that is expected to launch later this year.

Key Points: 
  • Wishpond files a utility patent for the innovative technology behind the Company's groundbreaking SalesCloser AI product that is expected to launch later this year.
  • The technology is a breakthrough in AI-powered presentation technology utilizing advanced large language models and deep learning techniques for voice synthesis.
  • Wishpond is developing a comprehensive suite of AI-based marketing and sales solutions and this patent application for a Virtual AI Representative is a key element in our development roadmap as it will be powering our SalesCloser AI solution that will be launched very soon."
  • Please click on the link to see a short demo of SalesCloser AI that uses the Virtual AI Representative technology: https://youtu.be/NI_brpwTZIU
    Wishpond has been testing its SalesCloser AI product internally over the last month and is accepting companies to sign up for beta testing.

Wishpond Reports Continued Revenue and Adjusted EBITDA Growth in Q3-2023

Retrieved on: 
Thursday, November 16, 2023
Acquisition, Propel, Interim, Earnout, Bank statement, Acceleration, Research and development, Financial statement, Consultant, Marketing, Advertising, Social media, Adjustment, SEDAR, MD, Partnership, Software as a service, Growth, AI, MD Helicopters MD Explorer, MRR, SMB, Fiverr, Optimism, Bookkeeping, Beauty salon, Video game, Bank, Sales, Research

Wishpond achieved Adjusted EBITDA of $0.3 million, representing the fifth quarter in a row of positive Adjusted EBITDA.

Key Points: 
  • Wishpond achieved Adjusted EBITDA of $0.3 million, representing the fifth quarter in a row of positive Adjusted EBITDA.
  • Wishpond achieved revenue of $5.8 million in Q3-2023 and expects continued growth and improved cash flows in the last quarter of 2023.
  • Ali Tajskandar further adds, "In the third quarter we continued our streak of achieving positive Adjusted EBITDA for the fifth quarter in a row.
  • Wishpond's cost optimization efforts over the past year have contributed to the Company's continued positive Adjusted EBITDA profile.

Wishpond Announces New Sales Email AI

Retrieved on: 
Tuesday, September 26, 2023
Gmail, AI, Intelligence, Sales

The new Sales Email AI will be available to customers using Wishpond's outbound sales solution, PersistIQ.

Key Points: 
  • The new Sales Email AI will be available to customers using Wishpond's outbound sales solution, PersistIQ.
  • VANCOUVER, BC, Sept. 26, 2023 /PRNewswire/ - Wishpond Technologies Ltd. (TSXV: WISH) (OTCQX: WPNDF) (the "Company" or "Wishpond"), a provider of marketing-focused online business solutions, is pleased to announce the launch of Sales Email AI.
  • Designed to elevate and streamline sales communications, Sales Email AI will be a new feature of PersistIQ, Wishpond's outbound sales solution.
  • Sales Email AI marks Wishpond's fourth product launch leveraging the capabilities of AI, and we look forward to sharing additional AI integrated marketing solutions in the future."

Wishpond Announces Partnership with Fiverr Certified to Launch a Freelance Marketplace for Propel IQ

Retrieved on: 
Tuesday, September 5, 2023
Software as a service, Partnership, SMB, Propel, Tutoring, Fiverr

The partnership creates a unique freelance marketplace where Wishpond customers will be able to access certified professionals that can deliver marketing services for the Propel IQ platform.

Key Points: 
  • The partnership creates a unique freelance marketplace where Wishpond customers will be able to access certified professionals that can deliver marketing services for the Propel IQ platform.
  • Wishpond's partnership with Fiverr leverages 'Fiverr Certified' recently launched as part of Fiverr Business Solutions, where Fiverr will build a unique freelance marketplace for its tech partners.
  • The Fiverr Certified team will selectively scout skilled professionals and agencies, both internally and from Wishpond's existing partner network.
  • Furthermore, the partnership with Fiverr Certified is expected to bring forth a number of additional benefits for Wishpond.