(NewsDirect)
Wishpond Technologies CEO Ali Tajskandarand chief financial officer David Pais joined Steve Darling fromProactive to share its 1Q 2023 financial numbers that showed 38%year-over-year revenue growth to $5.6 million.
Pais also told Proactive gross profit sawa 45% increase, with a gross margin percentage of 66%, and positiveadjusted EBITDA showing an increase of 147%.
Tajskandar telling Proactive growth wasdriven organically from stronger product demand, an increase in salesand marketing activities, and new product introductions. The companycurrently has $1.9 million in cash and no debt and plans to look atbuilding its acquisition pipeline.
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