Wishpond Technologies Ltd. (TSE:WISH) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Wishpond Technologies Ltd. has reported a significant revenue growth of 13% in 2023, achieving a record $23.1 million and marking its sixth consecutive quarter of positive Adjusted EBITDA. The company attributes this success to its new Propel IQ marketing platform and anticipates further growth with the launch of SalesCloser AI, an innovative virtual AI sales agent. Despite a decrease in revenue from a major customer, organic growth remained strong, and the company is optimistic about improving profitability and cash flow in 2024.
For further insights into TSE:WISH stock, check out TipRanks’ Stock Analysis page.
