Wishpond Technologies Ltd.
WISH.V
Toronto Stock Exchange Ventures0.16
CAD
-0.03
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Wishpond Technologies Ltd.
WISH.V
(Toronto Stock Exchange Ventures)
Recent
price
0.16
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Wishpond Technologies Ltd. is a Canada-based provider of artificial intelligence (AI)-enabled marketing and sales solutions, primarily serving small-to-medium-sized businesses across diverse industries. Founded in 2007 and headquartered in Vancouver, British Columbia, Wishpond offers a comprehensive Software-as-a-Service (SaaS) marketing platform known as Propel IQ, which integrates multiple digital marketing tools including promotion, lead generation, sales conversion, marketing automation, advertisement management, referral marketing, social media automation, and outbound sales automation within a single platform. The company's main products consist of an AI-powered website builder, AI email automation, SalesCloser AI—a conversational AI-based virtual sales agent that conducts personalized sales calls and product demos—and tools for landing page creation, email and SMS marketing campaigns, A/B testing, customer engagement, analytics, and integration with over 300 third-party applications. Recent major developments include significant growth driven by the SalesCloser AI platform, which generated approximately $800,000 in annual recurring revenue in fiscal 2024. Wishpond launched a White-Label Reseller Program in early 2025, enabling agencies and businesses to brand and resell SalesCloser AI, thereby expanding the company's market reach and revenue streams. The company filed multiple patent applications in 2025 related to its conversational AI technologies, enhancing the capabilities of its virtual AI sales agents to handle complex real-world interactions more effectively. Additionally, Wishpond formed strategic partnerships with Roomvu, a real estate marketing platform with over 220,000 agents, and VenOps, a healthcare regulatory compliance and consulting service provider, further broadening its industry applications. Financially, Wishpond reported record adjusted EBITDA of $1.7 million in fiscal 2024, representing a 129% increase from 2023, alongside improved gross margins and positive cash flow from operations. Wishpond operates primarily in North America, with the majority of its revenue generated from the United States followed by Canada. The company maintains a subscription-based recurring revenue model that provides strong revenue predictability and scalability. Its AI-driven marketing and sales solutions cater to entrepreneurs and SMBs seeking cost-effective, integrated alternatives to fragmented marketing technologies. Wishpond continues to invest heavily in advancing AI innovation to solidify its market leadership and drive profitable growth through expanding its AI-powered sales and marketing automation capabilities.
SalesCloser Reports Second Quarter Fiscal 2026 Financial Results with Significant Year-Over-Year Revenue Growth