Wishpond Returns to Positive Adjusted EBITDA and Achieves Highest Gross Margins Since 2020

Core Insights - The company has transitioned towards an AI-focused business model, achieving positive Adjusted EBITDA and the highest gross margin since 2020, indicating progress in profitability and operational efficiency [2][5][6] Financial Performance - In Q3 2025, the company reported revenue of $3,375,653, a decrease from $5,055,738 in Q3 2024, attributed to a strategic shift from lower-margin digital marketing solutions to AI-enabled platforms [6][14] - Gross profit for Q3 2025 was $2,400,784, down from $3,490,107 in Q3 2024, with a gross margin of 71%, up from 69% in the previous year, marking the highest margin since Q3 2020 [5][14] - The company achieved positive Adjusted EBITDA of $49,012 in Q3 2025, a decline from $571,228 in Q3 2024, primarily due to lower revenues and increased professional fees [5][14] Business Developments - The company has filed multiple patent applications to enhance its AI capabilities, including innovations in virtual AI agents and sales automation [9][12] - A proposed spin-off of the SalesCloser platform aims to improve focus and funding opportunities for both Wishpond and SalesCloser, potentially enhancing growth prospects [2][12] - The company secured a loan agreement for $200,000 to support working capital and liquidity, reflecting ongoing financial discipline [10] Strategic Focus - The company is concentrating on improving profitability, enhancing its core marketing technology platform, and advancing AI-focused solutions [11][12] - Key goals for 2025 include accelerating organic revenue growth, increasing Monthly Recurring Revenue (MRR), and improving customer value [16]