Wishpond 4Q financial results continue to show trend of record revenue and cash flow

(via NewsDirect)

Wishpond Technologies CEO Ali Tajskandar and CFO David Pais joined Steve Darling from Proactive with news the company has again reported record numbers for the fourth quarter of 2022.

Pais shared some of the numbers with Proactive, including record annual revenue of $20.5 million, an increase of 39% compared to 2021, as it posted 4Q revenue of $5.9 million.

Tajskandar tells Proactive the company saw record positive cash flows from operating activities of $1 million as a result of higher revenue in the past year and a greater focus on cost control. The company also explains how they expects the trend to continue is 2023.

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