Welcome to our dedicated page for Wishpond Technol news (Ticker: WPNDF), a resource for investors and traders seeking the latest updates and insights on Wishpond Technol stock.
Wishpond Technologies Ltd. (WPNDF) provides a comprehensive news hub for tracking developments in its AI-driven marketing SaaS solutions. This page serves investors and businesses seeking timely updates on product innovations, financial performance, and strategic initiatives within the digital automation sector.
Access curated press releases and announcements covering earnings reports, technology partnerships, and platform enhancements like Wishpond's AI-powered sales tools. The repository ensures stakeholders stay informed about operational milestones and market positioning without speculative commentary.
Content highlights include updates on recurring revenue growth, new feature deployments, and leadership insights. Bookmark this page for streamlined access to verified information supporting informed analysis of Wishpond's evolving role in marketing technology.
Wishpond Technologies Ltd. has launched a new email marketing platform designed to enhance engagement and improve ROI for small businesses. Key updates include an upgraded user interface, Preview Email Text capabilities, support for AMP emails, and a new Email API. These features aim to increase email open rates, click-through rates, and overall campaign performance. The platform is integrated within Wishpond's all-in-one marketing suite, catering to over 3,000 customers primarily in the SMB market. This initiative showcases Wishpond's commitment to empowering businesses through effective digital marketing solutions.
Wishpond Technologies Ltd. (OTCQX: WPNDF) announced that its Chairman and CEO, Ali Tajskandar, will present at the OTC Small Cap Growth Virtual Investor Conference on February 2, 2022, discussing its growth since going public, including four acquisitions and record revenue. Tajskandar will also meet investors at the Whistler Capital Conference from February 18-20, 2022. Wishpond provides an all-in-one digital marketing suite and serves over 3,000 customers, mainly SMBs. The company operates under a subscription-based revenue model, enhancing predictability.
Wishpond Technologies Ltd. (OTCQX: WPNDF) announces the successful integration of Brax, acquired in September 2021, positioning it for growth with an expanded sales team. Brax launched the Universal Ads Editor, allowing advertisers to create and monitor campaigns across multiple platforms efficiently. The integration leverages Wishpond's sales practices, enhancing customer acquisition and cross-selling opportunities. Additionally, the company granted stock options for 200,000 shares at $1.26 each. These initiatives aim to drive growth and improve customer value.
Wishpond Technologies Ltd. announces the appointment of David Pais as the new Chief Financial Officer, effective immediately. Previously CFO at PHEMI Systems, Pais brings over 20 years of technology finance experience, including significant corporate finance transactions. He succeeds Juan Leal, who will remain with the company in a strategic advisory role. Ali Tajskandar, Chairman and CEO, expressed confidence in Pais's ability to support Wishpond's growth. The company focuses on providing marketing solutions and has approximately 3,000 customers, primarily small to medium-sized businesses.
Wishpond Technologies Ltd. has successfully acquired assets from Winback for US$700,000, enhancing its SMS eCommerce marketing solutions. Winback specializes in cart abandonment technology, particularly for Shopify merchants, which can bolster Wishpond's offerings. The acquisition is anticipated to generate recurring revenue with strong gross margins and positive cash flows, contributing to Wishpond's growth strategy. Winback, with over 350 customers and an annual revenue run rate exceeding US$450,000, aligns well with Wishpond's focus on small-to-medium businesses.
Wishpond has announced the acquisition of WinBack, a New York-based SMS marketing and cart abandonment tool, for US$700,000 entirely from cash reserves. This marks Wishpond's fourth acquisition this year, expected to be immediately accretive, generating strong recurring revenue with healthy gross margins. WinBack serves primarily Shopify merchants, offering a user-friendly platform that enhances Wishpond's current offerings and customer retention. The deal is projected to close in early January 2022, subject to TSX Venture Exchange approval.
Wishpond Technologies Ltd. (OTCQX: WPNDF) will present at the SNN Network Canada Virtual Event on December 8, 2021, at 1:00 PM ET. CEO Ali Tajskandar will lead the presentation and participate in private meetings. For live access, visit the webcast. Wishpond, based in Vancouver, offers a comprehensive marketing suite for small-to-medium-sized businesses, featuring a SaaS model for predictable revenue. More details can be found on their website.
Wishpond Technologies Ltd. reported a 90% revenue growth in Q3-2021, achieving $3,976,965 in quarterly revenue, driven by its expanded sales team and successful acquisitions. The company has returned to positive Adjusted EBITDA of $204,322 and now exceeds $16M in annualized revenue run-rate. The growth was significantly fueled by 104% revenue growth in the US market. Wishpond maintains a robust cash position of $7,758,720 and no long-term debt, indicating strong financial health.
Wishpond Technologies Ltd. (OTCQX: WPNDF) plans to release its third-quarter financial results for the period ending September 30, 2021, on November 25, 2021, before market open. A live webinar will follow at 12:00 PM EST to discuss these results, hosted by executive members. Based in Vancouver, Wishpond offers an all-in-one marketing suite primarily for small-to-medium businesses, with a subscription-based revenue model ensuring predictable cash flows. The company aims to solidify its position as a leading provider of digital marketing solutions.
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