Wishpond Technologies Ltd V.WISH

Alternate Symbol(s): WPNDF

Technology Software - Application

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

Wishpond Technologies Ltd > A really good acquisition

<< Previous

Bullboard Posts

Next >>

Comment by Th3mtlon Aug 31, 2021 1:08pm

122 Views

Post# 33788360

RE:RE:A really good acquisition

prophetoffacts wrote:
Th3mtl wrote:
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/

WISH has 3,000 existing clients uing ther platform that could use the service and it strengthens the platform as they try to sell it to millions of other businesses. It could be an incredibly accretive acquisition.

"Brax has a proven track record with enterprise and ad agency customers which we plan to leverage into providing ad management software and services to over 3,000 Wishpond customers and millions of other small medium sized businesses (SMBs) worldwide.

Yes it's what I also think that it could be an incredibly accretive acquisition!

<< Previous

Bullboard Posts

Next >>

Cameco raises uranium output as Q3 results surge