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Wishpond Technologies
(WISH)
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Rating:49Neutral
Price Target:
C$0.14
▼(-22.78% Downside)
Action:Reiterated
Date:08/27/26
The score is held down primarily by weakening financial performance (shrinking revenue, sharply worse margins, and ongoing negative free cash flow), despite a comparatively conservative balance sheet with reduced leverage. Technical indicators are modestly supportive in the near term (positive MACD and price above the 20DMA), but valuation offers limited support due to losses and no dividend.
Positive Factors
Recurring SaaS and services model
The combination of recurring software subscriptions and managed services provides multiple monetization channels. SaaS revenue can support predictability, while services broaden customer engagement and revenue opportunities across lead generation, campaigns, automation, and outsourced marketing needs.
Negative Factors
Revenue contraction
Declining revenue signals weakening scale and customer or spending momentum across the business. A smaller revenue base makes fixed operating costs harder to absorb, reduces the potential for operating leverage, and raises the importance of reversing contraction to restore durable earnings power.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring SaaS and services model
The combination of recurring software subscriptions and managed services provides multiple monetization channels. SaaS revenue can support predictability, while services broaden customer engagement and revenue opportunities across lead generation, campaigns, automation, and outsourced marketing needs.
Read all positive factors
Wishpond Technologies (WISH) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$7.70M
Dividend YieldN/A
Average Volume (3M)6.56K
Price to Earnings (P/E)―
Beta (1Y)1.26
Revenue Growth-33.40%
EPS Growth-270.13%
CountryCA
Employees105
SectorGeneral
Sector StrengthN/A
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.11
Shares Outstanding54,969,900
10 Day Avg. Volume16,626
30 Day Avg. Volume6,561
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)1.14
Price to Sales (P/S)0.55
P/FCF Ratio-4.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)C$17.00M
Wishpond Technologies Business Overview & Revenue Model
Company Description
Vancouver, Canada-based Wishpond Technologies Ltd. delivers advanced digital marketing solutions to businesses throughout the United States, Canada, and globally. The company offers a comprehensive platform designed to facilitate marketing campaig...
How the Company Makes Money
Wishpond primarily makes money through (1) recurring software revenue and (2) marketing services revenue, with additional revenue potentially coming from related digital solutions where applicable.
1) Subscription / SaaS revenue (recurring):
- Wi...
Wishpond Technologies Earnings Call Summary
Earnings Call Date:Nov 20, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:Nov 19, 2026
Earnings Call Sentiment Neutral
The earnings call presented a mixed picture with significant strides in profitability and operational efficiency through the use of AI technologies, particularly SalesCloser AI. However, there was a notable decline in revenue due to the loss of a large legacy customer and a reduction in the sales team. While the company is optimistic about future growth and profitability, these challenges weigh on the overall sentiment.Positive Updates
Improved Profitability and Cash Flow
Wishpond achieved adjusted EBITDA of $571,000 in Q3 2024, an improvement of 79% compared to Q3 2023. The company also reported an adjusted EBITDA margin exceeding 11%, marking its most profitable quarter since 2022.
Negative Updates
Revenue Decline
Wishpond reported quarterly revenue of $5.1 million in Q3 2024, down from $5.8 million in Q3 2023, primarily due to the decline in revenues from a large legacy customer.
Read all updates
Q3-2024 Updates
Positive
Negative
Improved Profitability and Cash Flow
Wishpond achieved adjusted EBITDA of $571,000 in Q3 2024, an improvement of 79% compared to Q3 2023. The company also reported an adjusted EBITDA margin exceeding 11%, marking its most profitable quarter since 2022.
Read all positive updates
Company Guidance
In the Q3 2024 earnings call for Wishpond, the company provided guidance emphasizing a focus on profitability and growth despite a decline in quarterly revenue to $5.1 million, down from $5.8 million in the previous year. The company achieved an adjusted EBITDA of $571,000, marking a 79% improvement over the prior year, and an EBITDA margin exceeding 11%, highlighting significant cost management and operational efficiency. Wishpond also reported positive cash flow from operations of $178,000 for the quarter. They unveiled plans to drive 2025 growth through increased utilization of their SalesCloser AI platform, which has demonstrated higher monthly recurring revenue (MRR) potential compared to their current Propel IQ offering. SalesCloser, priced from $250 to $2,000 per month, is expected to significantly impact Wishpond's revenue mix, with expectations of a return to historic growth rates of over 30% annually. Looking ahead, the strategic focus includes expanding the sales team, leveraging AI for internal and external sales processes, and enhancing gross margins and customer retention.Wishpond Technologies Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
63
Positive
Cash Flow
34
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 11.68M | 14.37M | 21.62M | 23.09M | 20.48M | 14.76M |
| Gross Profit | 6.39M | 8.23M | 14.77M | 15.19M | 13.56M | 9.98M |
| EBITDA | -3.89M | -467.71K | 985.84K | -233.29K | -1.04M | -3.91M |
| Net Income | -6.06M | -2.28M | -828.99K | -1.89M | -1.75M | -4.89M |
Balance Sheet | ||||||
| Total Assets | 13.68M | 13.27M | 13.77M | 14.47M | 16.28M | 16.79M |
| Cash, Cash Equivalents and Short-Term Investments | 4.35M | 1.88M | 1.13M | 1.42M | 2.96M | 6.41M |
| Total Debt | 1.12M | 3.61M | 1.30M | 994.66K | 0.00 | 0.00 |
| Total Liabilities | 3.74M | 6.31M | 4.93M | 5.15M | 5.69M | 7.12M |
| Stockholders Equity | 9.34M | 6.96M | 8.84M | 9.32M | 10.59M | 9.67M |
Cash Flow | ||||||
| Free Cash Flow | -3.23M | -1.63M | -490.65K | -1.58M | -298.74K | -2.45M |
| Operating Cash Flow | -3.01M | -1.62M | 519.38K | -287.00K | 1.04M | -1.55M |
| Investing Cash Flow | 1.43M | -733.88K | -1.11M | -1.99M | -4.47M | -6.27M |
| Financing Cash Flow | 5.33M | 3.11M | 291.73K | 984.26K | -107.06K | 6.74M |
Wishpond Technologies Technical Analysis
Negative
0.18
Price Trends
0.16
Negative
0.18
Negative
0.17
Negative
Market Momentum
>-0.01
Positive
37.93
Neutral
18.52
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WISH, the sentiment is Negative. The current price of 0.18 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.16, and above the 200-day MA of 0.17, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.93 is Neutral, neither overbought nor oversold. The STOCH value of 18.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WISH.
Wishpond Technologies Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
49 Neutral | C$7.70M | -1.27 | -71.93% | ― | -33.40% | -270.13% | |
47 Neutral | C$2.17M | -3.48 | 39.85% | ― | ― | ― | |
47 Neutral | C$39.92M | 1,000.00 | -19.46% | ― | 170.60% | ― | |
46 Neutral | C$7.93M | -3.51 | -23.09% | ― | 8.60% | -800.00% | |
42 Neutral | C$24.51M | -5.71 | 74.69% | ― | 18.40% | 36.36% | |
41 Neutral | C$11.06M | -1.13 | 46.34% | ― | -86.57% | 45.63% |
* General Sector Average
TSE:WISH
Wishpond Technologies
0.14
-0.02
-12.50%
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Wishpond Technologies Corporate Events
Business Operations and StrategyFinancial Disclosures
Wishpond Revenue Falls and Lender Default Notice Casts Doubt on Going Concern
Negative
Aug 26, 2026
Wishpond Technologies reported a sharp year-over-year revenue decline in the second quarter of 2026 to about $2.35 million, mainly due to the disposal of Viral Loops’ assets, reduced lower-margin revenue streams, and lower sales capacity aft...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.