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Fourth Quarter 2024 Financial Results Video Conference Call

Wishpond recently reported its Q4-2024 financial results and hosted a live webinar where Wishpond’s CEO and CFO discussed the company’s financial performance and business developments.

Key Highlights:

  • Wishpond achieved record Adjusted EBITDA of $1.7 million in fiscal 2024, an increase of 129% compared to fiscal 2023. The Company also achieved positive Adjusted EBITDA for the tenth quarter in a row.
  • Wishpond achieved annual revenue of $21.6 million in fiscal 2024 and quarterly revenue of $4.7 million in Q4-2024.
  • Generated positive cash flows from operations of $519K in fiscal 2024.
 

Ali Tajskandar, Wishpond’s Founder and CEO commented, “2024 has been another remarkable year for Wishpond, highlighted by our tenth consecutive quarter of generating positive Adjusted EBITDA, as well as a 129% increase in annual Adjusted EBITDA compared to fiscal 2023, reflecting our ability to deliver consistent profitability. We also achieved positive cash flow from operations of $519K, a significant improvement from the prior year, showcasing our commitment and the effectiveness of our cost optimization efforts. Furthermore, our annual revenue of $21.6 million reflects the continued demand for our software solutions and drives our ongoing efforts to build a fully autonomous, AI-enabled marketing and sales platform designed to streamline the entire customer journey.”

Ali Tajskandar further adds, “As we enter 2025, we are excited about the prospects of SalesCloser AI, which we believe will be a key driver of growth moving forward. SalesCloser has quickly become Wishpond’s fastest-growing product ever, now generating approximately $800K in Annual Recurring Revenue, with a significant portion of this growth having occurred in the first few months of 2025. To continue accelerating its adoption, we have been actively exploring new sales outreach initiatives and strategic channel partnerships. For example, we’ve seen great success with our recently launched SalesCloser white-label reseller program, which enables agencies and businesses to brand and resell SalesCloser as their own, driving new revenue streams and expanding our general market reach. Overall, with an expanding sales pipeline and an increasing demand for our AI solutions, we consider that the Company is well-positioned to capitalize on new opportunities and will continue to solidify SalesCloser as a key driver of growth in 2025.”

 

Click the link below to watch the webinar:

 

If you have any media inquiries, reach out to us at any time at info@wishpond.com