Wishpond Enters into Asset Purchase Agreement to Sell Viral Loops for $2.3 Million to Strengthen Balance Sheet [Accessibility Statement] Skip NavigationVANCOUVER, BC, Feb. 19, 2026 /PRNewswire/ - Wishpond Technologies Ltd. (TSXV: WISH) (OTCQX: WPNDF) (the "Company" or "Wishpond"), a provider of AI-enabled marketing-focused online business solutions, today announced that it has entered into an asset purchase agreement dated February 19, 2026 to sell its Viral Loops product and related assets ("Viral Loops") ...

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]

Core Viewpoint - Wishpond Technologies Ltd. has filed three new non-provisional utility patent applications to enhance its intellectual property portfolio in conversational AI and sales automation, marking a significant advancement for its SalesCloser AI platform [1][7]. Group 1: Patent Filings - The three new patent applications focus on conversational AI workflow building, adaptive voicemail/IVR detection, and real-time appointment scheduling, bringing the total number of patent applications to seven [7][8]. - The first filing introduces an embedded AI assistant for creating and managing AI voice agents through a conversational interface, making agent-building accessible to non-technical users [3]. - The second filing features technology that allows AI agents to detect whether outbound calls connect with a live person, voicemail, or IVR, improving outbound campaign efficiency [4]. - The third filing addresses appointment scheduling by enabling AI agents to connect directly to calendar systems for real-time booking, which shortens sales cycles and boosts conversion rates [5]. Group 2: Strategic Development - Wishpond is developing a strategic patent portfolio aimed at making AI sales agents function more like humans, with patents focusing on natural voice synthesis, managing complex conversations, and facilitating seamless AI-to-human transitions [6][9]. - The company's vision is to create a fully autonomous AI-enabled platform that streamlines the customer acquisition journey, enhancing efficiency and driving higher conversions [10]. - Wishpond's business model is based on Software-as-a-Service, generating revenue primarily from subscription-based recurring revenue, which ensures strong revenue predictability and cash flow visibility [10].

Core Viewpoint - Wix.com Ltd. is expected to report first-quarter 2025 results on May 21, with projected revenues indicating a growth of 12-13% year-over-year, and earnings expected to rise by 28.7% compared to the previous year [1][2]. Financial Expectations - Revenues for Q1 2025 are anticipated to be between $469 million and $473 million, with a Zacks Consensus Estimate of $471.8 million, reflecting a 12.4% increase from the prior year [1]. - The Zacks Consensus Estimate for earnings is set at $1.66 per share, indicating a 28.7% rise from the same quarter last year [1]. Recent Performance - Wix has consistently beaten the Zacks Consensus Estimate in the last four quarters, with an average surprise of 18.95% [2]. - The stock has appreciated by 34.8% over the past year, outperforming the Zacks Computers - IT Services industry's growth of 9.7% [2]. Growth Drivers - The adoption of Wix's product portfolio, particularly Wix Studio and AI-driven solutions, is expected to contribute significantly to revenue growth [2]. - The launch of the AI Website Builder in 2024 has transformed user experience and is a key component of Wix's AI offerings [2]. Product Innovations - In January 2025, Wix introduced Business Launcher, an AI tool that helps users develop business ideas based on their skills and goals [3]. - The company has integrated AI assistants across its platform, enhancing operational efficiency and customer conversion rates [4]. - The AI Site-Chat, launched in December 2024, serves as a virtual agent to engage visitors and improve customer experience [4]. User Engagement - Wix Studio, aimed at agencies and professionals, has over two million accounts, with 75% created by new partners, indicating strong market demand [5]. - The strategy to onboard higher-intent users and maximize the lifetime value of existing users is expected to positively impact performance [8]. Revenue Segmentation - The Zacks Consensus Estimate for revenues from Creative Subscriptions and Business Solutions segments is projected at $337 million and $135 million, respectively [8]. Currency Exposure - Approximately 40% of Wix's revenues are generated in non-U.S. dollar currencies, making it vulnerable to foreign exchange fluctuations [9]. - For Q1 2025, revenues are expected to increase by 13-14% at constant currency, accounting for an adverse forex impact of roughly $6 million [9]. Investment and Development - Wix is increasing investments in product development and infrastructure, although the macroeconomic environment remains volatile [10]. - Recent developments include the introduction of Wixel, an AI-driven visual design platform, and Astro, an AI-powered business assistant [11][12].