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Bullboard - Stock Discussion Forum Wishpond Technologies Ltd V.WISH

Alternate Symbol(s):  WPNDF

Wishpond Technologies Ltd. is a Canada-based provider of marketing focused online business solutions. The Company provides digital marketing solutions that enable entrepreneurs to achieve success online. The Company’s Propel IQ platform offers an all-in-one marketing suite that provides companies with marketing, promotion, lead generation, advertisement management, referral marketing, sales... see more

TSXV:WISH - Post Discussion

Wishpond Technologies Ltd > Cantech Letter
View:
Post by Mythiot on May 19, 2021 11:59am

Cantech Letter

Eight Capital launches coverage of Wishpond Technologies with a "Buy"

The analyst estimates WISH to be trading at 3.5x 2022 EV/revenue, which Sgro sees as a discount to its peers.

“Our view is that an EBITDA break-even SaaS platform delivering 30 per cent-plus organic growth deserves to trade closer to relevant Canadian peers at 12.3x or US martech vendors at 9.9x. We attribute this discount to Wishpond’s relatively smaller size and lack of familiarity in the Canadian investment landscape. We believe execution will close this gap over time,” Sgro wrote.
Comment by arbutus7 on May 19, 2021 4:31pm
Good write-up! Looking good Wishpond!
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