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Wishpond CEO Ali Tajskandar interview at Cantech 24

More than ever, Wishpond (Wishpond Stock Quote, Chart, News, Analysts, Financials TSXV:WISH) CEO Ali Tajskandar is focusing on profitability.

Vancouver-based Wishpond, which brings Fortune 500 level digital marketing tools to small companies, has been putting up consistently improving numbers. That’s no accident, the CEO says.

Tajskandar sat down with Amber Mac at the Cantech Letter Investment Conference in Toronto October 9 to talk about what happened in 2024 and what 2025 might bring.

“We have taken a precise measure to prioritize profitability and positive cash flow,” the CEO said. “We have posted seven consecutive quarters of positive EBITDA and our cash flow from operations has been consistently improving. I am very proud of that. The Q2 numbers that we released recently showed that we grew our Adjusted EBITDA by 151% year-over-year.”

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Tajskandar talked about what investors should expect to see from WISH heading into 2025.

“Our long-term plan is to continue to be very responsible in terms of cash flow, but invest in the growth our AI initiatives, especially SalesCloser AI. I expect us to return to the historic growth rate that we have seen of 30% plus,” he added.

About The Author /

Cantech Letter founder and editor Nick Waddell has lived in five Canadian provinces and is proud of his country's often overlooked contributions to the world of science and technology. Waddell takes a regular shift on the Canadian media circuit, making appearances on CTV, CBC and BNN, and contributing to publications such as Canadian Business and Business Insider.
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