MAPS Research | Milton Maxwell

MAPS

WM Technology, Inc.

1.1600

+0.1100+10.5%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

198.38M

P/E (TTM)

16.57

Basic EPS (TTM)

0.07

Dividend Yield

Recent Filings

8-K

11/6/25Nov 6, 2025

10-Q

11/6/25Nov 6, 2025

8-K

Board member resigns amicably

8/29/25Aug 29, 2025

WM Technology's board loses Olga Gonzalez, who resigned effective September 2, 2025, without any disagreements over operations or policies. The departure leaves a vacancy but signals smooth internal relations. No successor named yet.

8-K

Board member Tony Aquila resigns

8/19/25Aug 19, 2025

WM Technology's board loses Tony Aquila, who resigns effective September 2, 2025, after notifying the company on August 13. No disagreements over operations or policies drove his exit. This amicable departure leaves a vacancy, yet the board remains intact for now.

8-K

Q2 results show resilience

8/7/25Aug 7, 2025

WM Technology reported Q2 2025 revenues of $44.8 million, down slightly from $45.9 million last year amid cannabis market pressures like price deflation and consolidation, yet net income surged 81% to $2.2 million while Adjusted EBITDA rose 16% to $11.7 million. Cash climbed to $59 million with no debt, buoyed by new client wins in emerging markets offsetting churn in established ones. Q3 guidance projects revenues of $41-43 million and Adjusted EBITDA of $5-7 million. Litigation costs persist.

About

WM Technology, Inc., an online cannabis marketplace, provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and education and learning information to help newer consumers learn about the types of products to purchase. It also provides monthly subscription-based business software solutions, including WM Listings, WM Orders, WM Store, WM Connectors, and WM Insights as well as other add-on products, such as WM Ads and WM Dispatch. WM Technology, Inc. was founded in 2008 and is headquartered in Irvine, California.

CEO

Mr. Douglas Francis

IPO

10/1/2019

Website

https://weedmaps.com

Employees

440

Sector

Technology

Industry

Software - Application