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Wishpond Technologies Ltd V.WISH

Alternate Symbol(s):  WPNDF

Wishpond Technologies Ltd. is a Canada-based company. The Company is a provider of marketing-focused online business solutions. It 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 conversion and outbound sales automation capabilities on one integrated platform. It serves customers who are primarily small and medium-sized businesses (SMBs) in a variety of industries. The Company has developed marketing technology solutions, including an artificial intelligence (AI) powered Website builder, and continues to add new features and applications. It employs a Software-as-a-Service (SaaS) business model where most of the Company's revenue is subscription-based recurring revenue, which provides revenue predictability and cash flow visibility.


TSXV:WISH - Post by User

Post by Th3mtlon Aug 30, 2021 1:20pm
178 Views
Post# 33782167

A really good acquisition

A really good acquisition
I think it's a really good acquisition at 1.33x ttm revenues and with good gross and EBITDA margins. Wishpond still have a lot of cash as they only have to pay 1,333,334 $us for now. In the latest interviews the CEO mentioned they have a solid pipeline of candidates for acquisition, so more to come on this front. Looking at Brax website I noticed they charge a good amount for their services 199$/month for up to 10000$ ad spent and it increases with the ad amount. I guess Wishpond will offer this in premium packages and charge more for this service. https://www.brax.io/
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