Wishpond Q2 FY26 net loss widens to $2.16 million; revenue drops 36.67% to $2.35 million

Reuters2026/08/26 10:02

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Wishpond revenue fell 36.65% to $2.35 million in Q2-2026 as Viral Loops was divested on March 9.
Net loss widened to $2.16 million; adjusted EBITDA loss deepened to $1.57 million, including $202,129 of reverse takeover listing expenses.
Cash ended the quarter at $4.35 million; credit facility balance was $913,315.
July 27 notice of default cited a covenant breach under the forbearance agreement; lender has not demanded repayment, raising going-concern uncertainty.
Management targets a leaner cost base through 2026, improved retention in the core marketing platform, and continued exposure to SalesCloser via a 62.87% stake.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wishpond Technologies Ltd. published the original content used to generate this news brief via CNW (Ref. ID: 202608260600CANADANWCANADAPR_C4584) on August 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Wishpond Q2 FY26 net loss widens to $2.16 million; revenue drops 36.67% to $2.35 million

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