Wishpond Technol Stock Price, News & Analysis

Wishpond Technologies (WPNDF) announced that its SalesCloser AI platform has reached a significant milestone of $1 million in Annual Recurring Revenue (ARR). The AI-enabled sales automation solution has rapidly become the company's fastest-growing product, with most growth occurring in 2025. The platform currently serves over 150 customers and has deployed more than 2,600 AI-powered agents.

The company is also beta-testing new AI agents, including Customer Support AI Agent and Call Receptionist AI Agent. SalesCloser AI is part of Wishpond's comprehensive AI-powered marketing solutions portfolio, which includes AI Website Builder, AI Email Automation, and AI Ad Management. The platform uses generative AI to conduct personalized sales calls and product demos, helping businesses increase conversions and reduce customer acquisition costs.

Wishpond Technologies (TSXV: WISH, OTCQX: WPNDF) has scheduled the release of its First Quarter 2025 Financial Results before market open on Thursday, May 22nd, 2025. The company will host a conference call to discuss the results on the same day at 10:00 am PT (1:00 pm ET).

The conference call will be led by Chairman and CEO Ali Tajskandar and CFO Adrian Lim. Participants are advised to connect 5 minutes before the call to allow time for any necessary software downloads.

Wishpond Technologies (TSXV: WISH, OTCQX: WPNDF) reported record Adjusted EBITDA of $1.7 million in fiscal 2024, marking a 129% increase from 2023. The company achieved annual revenue of $21.6 million and quarterly revenue of $4.7 million in Q4-2024.

Key financial highlights include:

• Gross margin improved to 68% in 2024 (from 66% in 2023)
• Positive cash flow from operations of $519K
• Tenth consecutive quarter of positive Adjusted EBITDA

The company's SalesCloser AI platform has become Wishpond's fastest-growing product, generating approximately $800K in Annual Recurring Revenue. Looking ahead to 2025, Wishpond expects accelerated revenue growth driven by SalesCloser AI expansion, including its new White-Label Reseller Program and strategic partnerships with Roomvu and Venops.

Wishpond Technologies (TSXV: WISH, OTCQX: WPNDF), a marketing-focused online business solutions provider, has scheduled the release of its audited annual financial statements for fiscal year 2024 on Thursday, April 24th, 2025. The company will host a conference call to discuss the results on the same day at 10:00 am PT (1:00 pm ET).

The webinar will feature Chairman and CEO Ali Tajskandar and CFO Adrian Lim. Participants can join via webinar registration or dial in through Vancouver (+1 778 907 2071) or Toronto (+1 647 374 4685) local numbers using Meeting ID #838 2959 6589.

Wishpond Technologies (OTCQX: WPNDF) has announced a collaboration agreement with Venops to market their AI-powered SalesCloser platform, rebranded as 'Provencis', to the medical industry. Venops, with its network of over 1,000 medical clinics, will leverage its healthcare compliance expertise to market Provencis while Wishpond provides the platform infrastructure and support.

Provencis is designed as a healthcare-focused AI solution offering multiple applications including virtual receptionist services, post-surgery follow-ups, and inbound sales operations. The platform aims to enhance patient care, reduce administrative burdens, and streamline sales processes in medical practices, surgical centers, and the medical device industry.

The solution integrates with electronic medical records and CRM systems, handles patient inquiries, manages appointments, and provides comprehensive patient education. This collaboration represents a strategic expansion of SalesCloser's reach into new verticals while combining Wishpond's AI technology with Venops' regulatory expertise.

Wishpond Technologies (TSXV: WISH) (OTCQX: WPNDF) has launched its SalesCloser AI White-Label Reseller Program, enabling businesses to brand and resell the Company's AI-powered sales solution as their own. The program allows complete customization of the AI sales demo experience, including logos, colors, fonts, and messaging.

The strategic initiative aims to expand SalesCloser's market reach without incurring direct customer acquisition costs. By enabling third-party businesses like marketing agencies, business consultants, and sales teams to resell the platform under their own brand, Wishpond expects to create new distribution channels and revenue streams.

According to CEO Ali Tajskandar, the program responds to strong market interest and is designed to accelerate adoption, strengthen customer retention, and enhance Wishpond's recurring revenue potential. The white-label solution can be seamlessly integrated into existing workflows, websites, sales platforms, and marketing materials.

Wishpond Technologies (TSXV: WISH, OTCQX: WPNDF) has filed a non-provisional utility patent application for its human takeover technology in AI call agents. The technology, already implemented in their SalesCloser AI product, enables seamless transition from AI to human operators during complex conversations using a secret word trigger.

The company emphasizes that its business remains unaffected by U.S.-Canada trade uncertainties due to its fully digital operations. Wishpond's position is further strengthened by strong demand for Canadian technology and favorable U.S. dollar exchange rates, as most of its products are USD-priced. The company operates across multiple markets including Canada, United States, UK, and Australia.

This marks Wishpond's third patent application, highlighting their commitment to AI innovation. The human takeover technology is particularly valuable in customer service and healthcare sectors, where communication sensitivity and accuracy are crucial.

Wishpond Technologies (TSXV: WISH, OTCQX: WPNDF) has released its fourth annual CEO letter, outlining its vision for 2025 centered on artificial intelligence. The company aims to create a fully autonomous AI-enabled marketing and sales platform that manages the entire customer acquisition journey.

The company's flagship product, SalesCloser, leverages generative AI for conducting personalized sales calls and product demos. Wishpond has filed three patent applications related to conversational AI and reports nine consecutive quarters of positive Adjusted EBITDA with positive cash flow from operations in the second half of 2024.

For 2025, Wishpond plans to reaccelerate growth by expanding its sales team and scaling SalesCloser adoption while maintaining strong margins and cash flow. The company is implementing a hybrid sales model combining AI agents with human expertise to enhance efficiency without increasing personnel costs.

Wishpond Technologies (TSXV: WISH, OTCQX: WPNDF) has filed a non-provisional utility patent for its enhanced state manager technology within SalesCloser AI virtual agents. This marks the company's second patent application related to SalesCloser.

The technology aims to improve complex conversations by dynamically adapting to real-time cues and maintaining context across interactions. The enhanced state manager utilizes both user-defined and system-defined states to deliver consistent and responsive experiences, particularly valuable in customer service and therapy sectors.

Additionally, the company announced the resignation of Nick Steeves, Vice President of Partnerships and former General Manager of PersistIQ subsidiary, effective January 16, 2025. Steeves, who joined in 2011, played a key role in integrating PersistIQ following its 2021 acquisition. Moving forward, Wishpond's senior leadership team will manage strategic partnerships.