Wishpond’s Third Quarter 2022 Financial Results Video Conference Call
Wishpond recently hosted a corporate earnings call, discussing the company’s third-quarter financial results. Hosted by Wishpond CEO Ali Tajskandar, and CFO David Pais, the event revealed historic results for the company.
Q3 2022 was the strongest quarter in Wishpond’s history, with the company achieving record revenue of $5.5 million.
This significant achievement is largely thanks to Wishpond’s continued focus on organic growth and successful integrations of its acquisitions.
Some highlights of the live call included:
- Wishpond achieved record quarterly revenue of $5,5 million during the quarter, a 38% increase compared to the same period in 2021. This increase is mainly due to the company’s expanded sales team and product integrations from its acquisitions.
- Wishpond achieved a gross profit of $3,629,111 in Q3-2022 compared to $2,760,709 in Q3-2021, representing a 31% increase from Q3-2021.
- Wishppnd launched an all-new innovative Website Builder. The Website Builder is expected to increase customer retention, reduce churn, and increase customer satisfaction.
- Wishpond recently announced three new awards from Gartner, one of the world’s most reputed platforms for business software reviews and research.
- Wishpond recently completed the integration of Viral Loops, resulting in improved growth due to greater cross-selling and bundling opportunities with larger deal sizes.
“Wishpond’s outlook for Q4-2022 and heading into 2023 remains strong and resilient. The business has felt no impacts due to recession, inflation, supply chain, or other macro-economic effects. Instead, the Company’s performance is better than ever and extremely positive across all of its acquisitions and for the entire company as a whole.” said Ali Tajskanar on the company’s future.