Wishpond Technologies (WISH) Investor update summary

Financial performance and profitability

• Achieved record adjusted EBITDA of CAD 1.7 million in fiscal 2024, a 129% increase year-over-year.

• Generated positive cash flow from operations of CAD 519,000 in the same period.

• Improved profitability through cost reductions, increased efficiency, and higher revenue per account executive.

• Prioritized profitability and cash flow while continuing to invest in product development.

AI-driven product growth

• SalesCloser AI reached approximately CAD 800,000 in annual recurring revenue, with rapid growth in early 2025.

• About CAD 500,000 of ARR was achieved in just the first three months of 2025.

• SalesCloser AI enables businesses to use AI agents for sales calls, reducing the need for additional sales staff.

• Increased demand for SalesCloser AI has led to hiring more salespeople and greater R&D investment.

Strategic outlook for 2025

• 2025 expected to be transformational, focusing on re-accelerating growth and increasing monthly recurring revenue and profitability.

• Vision includes developing a fully autonomous marketing and sales engine powered by AI.

• Platform enhancements aim to automate campaign creation, landing pages, ads, and follow-up calls.

• Continued integration of AI into the all-in-one marketing and sales platform is a key priority.