Wishpond Technologies (CVE:WISH) Full Year 2023 Results

Key Financial Results

• Revenue: CA$23.1m (up 13% from FY 2022).

• Net loss: CA$1.89m (loss widened by 8.0% from FY 2022).

• CA$0.035 loss per share (further deteriorated from CA$0.033 loss in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Wishpond Technologies EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.1%.

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in Canada.

Performance of the Canadian Software industry.

The company's shares are down 17% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 4 warning signs for Wishpond Technologies (of which 1 is a bit unpleasant!) you should know about.

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