Online marketing firm Wishpond posts lower Q3 revenue

Wishpond Technologies

26/11/2025 11:11

Overview

Wishpond Q3 revenue declines due to strategic shift, impacting legacy solution sales

Company returns to positive Adjusted EBITDA of $49,012 in Q3 2025

Wishpond achieves highest gross margin of 71% since Q3 2020

Outlook

Wishpond focuses on improving profitability and strengthening its AI-focused solutions

Company aims to accelerate organic revenue growth and increase MRR

Wishpond plans to improve margins and increase long-term customer value

Result Drivers

COST OPTIMIZATION - Positive Adjusted EBITDA driven by successful cost optimization initiatives and a leaner operating model

PRODUCT MIX IMPROVEMENT - Highest gross margins since 2020 due to improved product mix and operational efficiencies

STRATEGIC TRANSITION - Revenue decline due to shift from legacy solutions to AI-enabled marketing and sales platform

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Gross Margin
71.00%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Wishpond Technologies Ltd is C$0.38, about 58.7% above its November 25 closing price of C$0.16

Press Release: ID:nCNWzyyL8a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)