tiprankstipranks
Wishpond’s Propel IQ Drives Growth and Profitability
Company Announcements

Wishpond’s Propel IQ Drives Growth and Profitability

Wishpond Technologies Ltd. (TSE:WISH) has released an update.

Wishpond Technologies Ltd. celebrates the first anniversary of its Propel IQ platform, boasting over 500 new customers, a 10-fold increase in monthly recurring revenue, and gross margins anticipated to exceed 80%. Propel IQ, offering a comprehensive suite of digital marketing tools, has significantly reduced customer churn rates by up to 40% and increased customer lifetime value by over 20%, positioning Wishpond for continued growth and profitability in the digital marketing sector.

For further insights into TSE:WISH stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskWishpond Technologies Elevates Adrian Lim to CFO
TipRanks Canadian Auto-Generated NewsdeskWishpond Achieves Solid Growth and Launches SalesCloser AI
PR NewswireWishpond Reports Q1-2024 Financial Results with Ongoing Revenue Growth and 39% Improvement in Adjusted EBITDA(1)
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!