Wishpond Technologies (WISH) Q2 2026 earnings summary

Executive summary

• Q2-2026 was a transition period marked by the spin-out of SalesCloser Technologies and the divestiture of Viral Loops Limited, with a focus on aligning cost structure and concentrating on the core marketing technology platform.

• Management prioritized a leaner operating base, improved retention, and disciplined execution, while maintaining a 62.87% interest in SalesCloser.

Financial highlights

• Revenue for Q2-2026 was $2,350,470, down from $3,710,437 in Q2-2025, mainly due to the Viral Loops divestiture and reduced lower-margin revenue streams.

• Gross profit was $1,556,859 (Q2-2025: $2,527,282), with a gross margin of 66% (Q2-2025: 68%).

• Adjusted EBITDA was negative $1,569,306 (Q2-2025: negative $228,116); net loss for the quarter was $2,160,836, including $340,297 in non-recurring expenses.

• Excluding SalesCloser, core business Adjusted EBITDA was negative $148,193.

• Cash at period end was $4,347,826, with $3,778,297 held at the SalesCloser subsidiary level and not available for parent-level obligations.

Outlook and guidance

• Focus for 2026 is on strengthening the core marketing technology platform, improving operating efficiency, and enhancing financial flexibility.

• Key priorities include organic revenue growth, margin improvement, churn reduction, and liquidity enhancement.

• Management continues to streamline operations and align costs with revenue through the second half of 2026.