Wishpond Technol Stock Price, News & Analysis

Wishpond Technologies Ltd. (OTCQX: WPNDF) will present at the Planet MicroCap Showcase: VEGAS 2023 on April 26, 2023. CEO Ali Tajskandar's live presentation is scheduled for 11:30 AM PT (2:30 PM ET) at the Horseshoe Hotel & Casino in Las Vegas. The presentation will cover the company's strategic direction and growth prospects. Investors can access the webcast here. In addition, Wishpond will hold one-on-one meetings at the conference. The company focuses on delivering marketing solutions through its Propel IQ platform, serving over 4,000 small and medium-sized businesses. With a subscription-based SaaS model, Wishpond maintains strong revenue predictability and growth potential.

Wishpond Technologies Ltd. (OTCQX: WPNDF) announced record annual revenue of $20.5 million, a 39% increase compared to 2021. The fourth quarter saw a revenue of $5.9 million, contributing to an annualized revenue run-rate of over $23 million. Positive cash flows from operating activities reached $1.0 million, a significant turnaround from a loss of $1.5 million in the previous year. Adjusted EBITDA increased by 1,049% to $647,667. Looking forward, Wishpond anticipates continued growth and increased profitability in 2023, backed by its new Propel IQ platform and AI-powered solutions.

Wishpond Technologies Ltd. (OTCQX: WPNDF) has announced that it will release its Audited Annual Financial Statements for the fiscal year and three months ended December 31, 2022, on April 13, 2023. A conference call is scheduled for the same day at 10:00 am PT (1:00 pm ET), featuring CEO Ali Tajskandar and CFO David Pais. The call aims to discuss the financial results. Wishpond specializes in marketing-focused online business solutions, offering an all-in-one platform for over 4,000 small and medium-sized businesses. The company operates on a SaaS model, ensuring recurring revenue, enhancing revenue predictability and cash flow visibility.

Wishpond Technologies Ltd. has launched a new AI-powered Website Builder aimed at helping small-to-medium sized businesses (SMBs) create professional websites quickly and cost-effectively. Available through the Propel IQ platform, the Website Builder uses generative AI to tailor designs and content based on user inputs, significantly reducing development time and costs. Currently offered in a limited free version, this tool is designed for users without technical expertise and includes features like drag-and-drop design and multilingual support. The company aims to empower SMBs against larger competitors.

Wishpond Technologies Ltd. (OTCQX: WPNDF) will host its inaugural Virtual Investor Day on April 4, 2023, at 10:00 AM PT (1:00 PM ET). During this event, the senior management will present an overview of the company's business, updates from unit leaders, and insights into their acquisition strategy and future outlook. Notably, Lloyed Lobo will discuss current trends in digital marketing. Participants will also witness a demonstration of Propel IQ, Wishpond's next-generation marketing technology platform, and the new AI-powered Landing Page Builder. For registration, visit Wishpond's Investor page.

Wishpond Technologies Ltd. (OTCQX: WPNDF) has launched Propel IQ, an all-in-one marketing technology platform designed for small to medium-sized businesses (SMBs). Propel IQ integrates Wishpond's various marketing solutions, including lead generation, email marketing, SMS marketing, and referral programs, into a unified system. The platform incorporates AI technologies to enhance marketing efforts, aiming to improve customer retention and long-term value while boosting margins. Propel IQ's easy onboarding and access to professional marketing services position it as a comprehensive solution for businesses seeking effective marketing management.