Top 10 Reasons to Invest in Wishpond
Top 10 Reasons to Invest in Wishpond: #1 Rapid growth with a huge upside Over 40% average growth in the last 3 years with financial equity analysts projecting over 80% growth in 2021. #2 Growth by acquisition Wishpond has already completed two acquisitions this year to accelerate growth and improve its product capabilities. Wishpond has plans for several more acquisitions over the next 12 months. #3 Over 3,000 paying customers Wishpond has a diversified customer base across many industries. #4 Strong endorsement by financial equity analysts Wishpond is already covered by three equity stock analysts who are projecting on average a 132% increase in the companys target share price. #5 Tremendous global market opportunity Wishpond plans to expand its footprint in the U.S. and Canada as well as into other countries which presents an opportunity to help millions of entrepreneurs and small businesses. #6 A diamond in the rough as a profitable SaaS company Wishpond has a proven recurring revenue model with high margins and generated positive cashflows in 2020. #7 Wishpond is significantly undervalued compared to its U.S. and Canadian comparables Wishpond trades at one-quarter of the multiple as its peers. #8 Strong balance sheet Wishpond recently reported over $11M in cash at the end of its first quarter (March 31, 2021) with no debt. The Company has sufficient capital to execute on its growth and acquisition plans. #9 Recently attained the historic mark of $1M+ in monthly recurring revenue (MRR) In April the company announced record 2020 revenue along with a major milestone in Q1 of crossing $1M+ in MRR. #10 A CEO and Founder invested in company success Ali Tajskandar and his spouse own 20% of shares and insider ownership is at 43% which shows strong alignment with common shareholders.