Wishpond Technologies Ltd. (TSXV: WISH | OTCQX: WPNDF) Q1 2025 Earnings | May 22, 2025

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Wishpond Technologies Ltd. (TSXV: WISH | OTCQX: WPNDF), a provider of AI-enabled marketing and sales solutions, reported its Q1 2025 financial results on May 22, 2025. Quarterly revenue was $4.09 million CAD, down from $6.05 million CAD in Q1 2024, reflecting the company’s strategic transition away from lower-margin legacy email delivery services toward an AI-enabled marketing and sales platform. Gross profit for the quarter was $2.73 million CAD, with a gross margin of 67%, consistent with the prior year. Adjusted EBITDA was negative $177,000 CAD, compared to positive $290,000 CAD in Q1 2024, as the company incurred higher professional fees and experienced lower revenues during the transition period. Wishpond’s SalesCloser AI, a virtual AI sales agent capable of conducting sales calls and demos in multiple languages, achieved $1 million in annual recurring revenue (ARR) during the quarter—marking the fastest ARR growth among the company’s products. Over 2,600 AI-powered agents have been deployed for more than 150 customers, underscoring strong demand for AI-driven sales automation. CEO Ali Tajskandar highlighted the company’s focus on expanding SalesCloser’s capabilities and leveraging AI to streamline sales, reduce costs, and increase conversions. Despite the revenue decline and an EPS loss of CAD 0.01, management anticipates renewed revenue growth in the second half of 2025, driven by continued adoption of SalesCloser AI, a growing sales pipeline, and new product innovations. As of March 31, 2025, Wishpond held $928,000 in cash and $1.8 million in debt, with no plans for new equity or debt raises. Outlook: Anticipates revenue growth in the second half of 2025, led by SalesCloser AI adoption Continued investment in AI-driven product innovation and automation Focus on operational efficiency and scalable growth without additional capital raises About Inside Ticker: For more expert analysis and real-time updates on Wishpond Technologies Ltd. (TSXV: WISH | OTCQX: WPNDF) and other market movers, follow Inside Ticker and visit InsideTicker.com for in-depth reports, financial insights, and the latest news on leading companies. #Wishpond #WISH #WPNDF #Q12025 #Earnings #AI #SalesAutomation #FinancialResults #MarTech #InsideTicker