Smallcap Discoveries Interview – Wishpond Investor Presentation by Ali Tajskander, Chairman and CEO
A Wishpond Video Update:
Smallcap Discoveries hosts Interview with Ali Tajskandar, Chairman and CEO of Wishpond
Wishpond Technologies Ltd. (TSXV: WISH), (“Wishpond” or the “Company”), an emerging leader in digital marketing solutions that empower entrepreneurs and businesses to achieve success online, is pleased to present this virtual sit-down interview with Paul Andreola of Smallcap Discoveries and Ali Tajskandar, Chairman and CEO of Wishpond.
“I love it when I talk to founders such as yourself,” said Paul Andreola, Editor of Smallcap Discoveries.
In the interview, Mr. Tajskandar discusses the Company’s strategy, financial performance, revenue growth plan, and long-term vision. To conclude 2020, Wishpond became listed on the TSXV and acquired Invigo Media Group. To start 2021, Wishpond acquired Persist IQ.
In the interview, Mr. Tajskandar also commented on what sets Wishpond apart from its competition:
“The competitive landscape is that there are a lot of siloed players. If you are a business owner and marketing is not your focus then you do not want to get a bunch of marketing services, pay different subscription fees, somehow integrate them, and make sense of different data and angles on them. All-in-one is a big part of it. We add the services and expertise to it as well. We do it for the prices that make sense for small businesses. Those three really set us apart.”
Mr. Andreola asked about trends helping Wishpond’s growth.
“E-commerce as a whole has been getting a huge lift from everything going on in the world with COVID throughout the last year and even now, and a lot more companies are getting into e-commerce,” said Tajskandar. “More and more businesses are taking online more seriously as a matter of necessity. They may not be e-commerce, but they are a fitness center that now has to have classes online. Traditional businesses are becoming online businesses and that is exciting in terms of the convenience for the consumers, but it is also exciting for us because we are at a place where we can help them.”
The interview closed by Mr. Tajskandar speaking to investors about what they should watch for regarding Wishpond. After speaking to the importance of revenue and EBITDA, he noted acquisitions and product announcements being a priority for the company.
Mr. Andreola concluded, “You are one of the rare SaaS-based businesses where you are breaking even or making money.”
Based out of Vancouver, British Columbia, Wishpond is a provider of marketing-focused online business solutions. Wishpond's vision is to become the leading provider of digital marketing solutions that empower entrepreneurs to achieve success online. The Company offers an "all-in-one" marketing suite that provides companies with marketing, promotion, lead generation, and sales conversion capabilities from one integrated platform. Wishpond replaces entire marketing functions in an easy-to-use product, for a fraction of the cost. Wishpond serves over 2,000 customers who are primarily small-to-medium size businesses (SMBs) in a wide variety of industries. The Company has developed cutting-edge marketing technology solutions and continues to add new features and applications with great velocity. The Company employs a Software-as-a-Service (SaaS) business model where substantially all the Company's revenue is subscription-based recurring revenue which provides excellent revenue predictability and cash flow visibility. Wishpond is listed on the TSX Venture Exchange under the ticker "WISH". For further information, visit: www.wishpond.com.
About Smallcap Discoveries, Paul Andreola – Editor
A former broker and serial entrepreneur, Paul has been profiting in the smallcap space for over two decades. His relentless focus on growing, profitable smallcaps has uncovered some of Canada’s biggest winners in the last few years. Paul started Smallcap Discoveries to share his ideas and help retail investors reach their investing potential.