A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MAPS SEC filings page.
WM TECHNOLOGY INC A (MAPS) reported $171.2M in revenue over the twelve months to Jun 30, 2026, down 6.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
WM Technology runs a high-gross-margin model, but FY2025 shows fixed operating costs can quickly absorb that advantage.
In FY2025, revenue contracted while gross margin remained essentially unchanged, indicating volume—not unit economics—was the first pressure point. At the same time, higher SG&A pushed operating margin from8.0% in FY2024 to0.4% in FY2025, so the cost base is not yet flexing with demand.
FY2025 operating cash flow was
The balance sheet strengthened from FY2024 to FY2025: debt-to-equity fell from 4.0x to 2.3x, indicating liabilities became less heavy relative to equity. Total liabilities declined while equity increased, which points to balance-sheet repair rather than growth funded primarily through new obligations.
Financial Health Signals
We are recalculating WM TECHNOLOGY INC A's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
WM TECHNOLOGY INC A scores 1.09, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
WM TECHNOLOGY INC A passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, WM TECHNOLOGY INC A generates $13.35 in operating cash flow ($26.2M OCF vs $2.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
WM TECHNOLOGY INC A generated $42.4M in revenue in Q2 2026. This represents a decrease of 5.4% from the same quarter a year earlier. Against the prior quarter it is down 2.6%.
WM TECHNOLOGY INC A's EBITDA was $5.6M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 4.3% from the same quarter a year earlier. Against the prior quarter it is up 70.4%.
WM TECHNOLOGY INC A reported $2.0M in net income in Q2 2026. This represents an increase of 41.8% from the same quarter a year earlier. Against the prior quarter it is up 72.8%.
WM TECHNOLOGY INC A earned $0.02 per diluted share (EPS) in Q2 2026. This represents an increase of 100.0% from the same quarter a year earlier. Against the prior quarter it is up 100.0%.
Cash & Balance Sheet
WM TECHNOLOGY INC A generated $3.5M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 57.8% from the same quarter a year earlier. Against the prior quarter it is up 190.7%.
WM TECHNOLOGY INC A held $60.5M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
WM TECHNOLOGY INC A's gross margin was 94.0% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.9 percentage points.
WM TECHNOLOGY INC A's operating margin was 5.5% in Q2 2026, reflecting core business profitability. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.1 percentage points.
WM TECHNOLOGY INC A's net profit margin was 4.8% in Q2 2026, showing the share of revenue converted to profit. This is up 1.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.1 percentage points.
WM TECHNOLOGY INC A's ROE was 3.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.3 percentage points.
Capital Allocation
WM TECHNOLOGY INC A invested $8.7M in research and development in Q2 2026. This represents a decrease of 2.3% from the same quarter a year earlier. Against the prior quarter it is down 0.9%.
WM TECHNOLOGY INC A invested $4.7M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 66.7% from the same quarter a year earlier. Against the prior quarter it is up 86.9%.
Not reported for Q2 2026.
MAPS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $42.4M-5.4% | $43.6M-2.4% | $43.1M-9.7% | $42.2M-9.4% | $44.8M-2.3% | $44.6M+0.5% | $47.7M+2.6% | $46.6M-0.3% |
| Cost of Revenue | $2.5M+10.7% | $2.2M-1.7% | $2.2M-4.2% | $2.1M-2.9% | $2.3M+1.6% | $2.2M-2.6% | $2.3M-17.6% | $2.2M-27.6% |
| Gross Profit | $39.9M-6.2% | $41.4M-2.4% | $40.9M-9.9% | $40.1M-9.7% | $42.6M-2.5% | $42.4M+0.7% | $45.4M+3.9% | $44.4M+1.6% |
| R&D Expenses | $8.7M-2.3% | $8.7M-10.2% | $3.1M-61.0% | $6.4M-32.4% | $8.9M-8.1% | $9.7M+5.3% | $8.1M-0.6% | $9.5M+22.4% |
| SG&A Expenses | $16.3M-14.4% | $19.1M+14.4% | $23.4M+22.9% | $17.8M+8.2% | $19.0M+2.6% | $16.7M+0.8% | $19.1M+3.1% | $16.5M-9.1% |
| Operating Income | $2.4M+25.8% | $199K-92.5% | -$5.7M-225.0% | $2.0M-62.4% | $1.9M+51.8% | $2.6M-29.6% | $4.6M+136.4% | $5.2M+193.8% |
| EBITDA | $5.6M+4.3% | $3.3M-45.4% | -$2.2M-126.3% | $5.0M-42.4% | $5.3M+20.6% | $6.0M-10.9% | $8.2M+183.5% | $8.7M+505.1% |
| Income Tax | $1K | $32K+255.6% | $71K+373.1% | $13K-38.1% | $0-100.0% | $9K0.0% | -$26K-128.0% | $21K |
| Net Income | $2.0M+41.8% | $1.2M-28.9% | -$3.6M-251.9% | $2.5M-26.2% | $1.4M+99.3% | $1.6M+32.8% | $2.4M+133.1% | $3.3M+316.6% |
| EPS (Basic) | $0.02+100.0% | $0.01-50.0% | N/A | N/A | $0.01 | $0.02+100.0% | N/A | N/A |
| EPS (Diluted) | $0.02+100.0% | $0.01-50.0% | N/A | N/A | $0.01 | $0.02 | N/A | N/A |
| Diluted Shares (Avg) | 112M+3.3% | 111M+3.6% | N/A | N/A | 108M | 107M | N/A | N/A |
Not reported in any period shown, so not listed: Interest Expense.
MAPS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $190.6M+1.3% | $186.4M+1.4% | $190.7M+4.8% | $192.9M+11.1% | $188.1M+12.0% | $183.8M+10.8% | $181.9M+8.9% | $173.6M-2.9% |
| Current Assets | $85.2M+10.0% | $80.5M+11.8% | $84.9M+22.2% | $81.6M+37.4% | $77.4M+43.8% | $72.0M+43.3% | $69.5M+35.0% | $59.4M+26.5% |
| Cash & Equivalents | $60.5M+2.6% | $45.5M-14.6% | $62.4M+20.1% | $62.6M+39.0% | $59.0M+42.8% | $53.3M+49.2% | $52.0M+51.3% | $45.0M+62.5% |
| Short-Term Investments | $0 | $11.5M | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $18.8M+61.9% | $16.9M+57.9% | $14.6M+45.3% | $10.7M+35.4% | $11.6M+65.7% | $10.7M+35.3% | $10.1M-9.8% | $7.9M-35.8% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $61.3M-10.4% | $61.3M-10.4% | $61.3M-10.4% | $68.4M0.0% | $68.4M0.0% | $68.4M0.0% | $68.4M0.0% | $68.4M0.0% |
| Total Liabilities | $127.8M-5.6% | $126.7M-6.4% | $133.5M-8.4% | $136.0M-5.6% | $135.3M-5.7% | $135.4M-6.7% | $145.8M-3.2% | $144.0M-9.3% |
| Current Liabilities | $31.3M-2.8% | $30.0M-6.7% | $36.2M+19.1% | $32.1M+15.5% | $32.2M+6.2% | $32.2M+7.2% | $30.4M-9.7% | $27.8M-10.6% |
| Non-Current Liabilities | $96.4M-6.5% | $96.7M-6.3% | $97.3M-15.7% | $103.9M-10.6% | $103.1M-8.9% | $103.2M-10.3% | $115.4M-1.3% | $116.2M-8.9% |
| Total Equity | $62.8M+19.1% | $59.7M+23.2% | $57.2M+58.5% | $56.9M+92.6% | $52.7M+115.6% | $48.5M+133.1% | $36.1M+120.3% | $29.5M+48.1% |
| Retained Earnings | -$51.7M+3.9% | -$53.7M+2.7% | -$54.9M+3.4% | -$51.3M+13.3% | -$53.8M+14.0% | -$55.2M+12.7% | -$56.9M+11.8% | -$59.2M-3.2% |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
MAPS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $8.2M-25.8% | -$1.3M-122.8% | $3.0M-67.6% | $6.4M-11.1% | $11.1M-12.6% | $5.7M-23.5% | $9.4M-10.6% | $7.2M-13.2% |
| Depreciation & Amortization | $3.2M-7.4% | $3.1M-7.9% | $3.5M-2.5% | $3.1M-12.8% | $3.5M+8.5% | $3.3M+13.1% | $3.6M+33.9% | $3.5M+3.6% |
| Stock-Based Compensation | $1.2M-54.0% | $1.3M-40.0% | N/A | $1.6M-3.1% | $2.6M-4.7% | $2.2M-22.2% | N/A | $1.6M-30.3% |
| Capital Expenditures | $4.7M+66.7% | $2.5M-30.5% | $3.3M+55.6% | $2.9M+21.5% | $2.8M+9.3% | $3.6M-19.6% | $2.1M-28.8% | $2.4M-23.0% |
| Free Cash Flow | $3.5M-57.8% | -$3.8M-289.9% | -$280K-103.9% | $3.6M-27.0% | $8.2M-18.2% | $2.0M-29.6% | $7.3M-3.4% | $4.9M-7.5% |
| Investing Cash Flow | $6.9M+341.6% | -$13.0M-256.8% | -$3.3M-55.6% | -$2.9M-21.5% | -$2.8M-9.3% | -$3.6M+19.6% | -$2.1M+28.8% | -$2.4M+23.0% |
| Financing Cash Flow | -$95K+96.3% | -$2.6M-264.5% | $90K+126.5% | $89K+108.0% | -$2.5M+43.2% | -$705K+52.8% | -$340K+61.7% | -$1.1M+48.0% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
MAPS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 94.0%-0.9pp | 94.9%0.0pp | 94.9%-0.3pp | 95.0%-0.3pp | 94.9%-0.2pp | 95.0%+0.2pp | 95.2%+1.2pp | 95.3%+1.8pp |
| Operating Margin | 5.5%+1.4pp | 0.5%-5.5pp | -13.3%-22.8pp | 4.6%-6.5pp | 4.2%+1.5pp | 5.9%-2.5pp | 9.6%+36.6pp | 11.2%+23.1pp |
| Net Margin | 4.8%+1.6pp | 2.7%-1.0pp | -8.3%-13.2pp | 5.8%-1.3pp | 3.2%+1.6pp | 3.7%+0.9pp | 4.9%+20.2pp | 7.2%+10.4pp |
| Return on Equity | 3.2%+0.5pp | 2.0%-1.4pp | -6.2%-12.8pp | 4.3%-7.0pp | 2.7%-0.2pp | 3.4%-2.6pp | 6.5%+49.9pp | 11.3%+19.0pp |
| Return on Assets | 1.1%+0.3pp | 0.6%-0.3pp | -1.9%-3.2pp | 1.3%-0.6pp | 0.8%+0.3pp | 0.9%+0.1pp | 1.3%+5.5pp | 1.9%+2.8pp |
| Current Ratio | 2.72+0.3x | 2.68+0.4x | 2.34+0.1x | 2.54+0.4x | 2.40+0.6x | 2.24+0.6x | 2.28+0.8x | 2.14+0.6x |
| Debt-to-Equity | 2.03-0.5x | 2.12-0.7x | 2.33-1.7x | 2.39-2.5x | 2.57-3.3x | 2.79-4.2x | 4.04-5.2x | 4.87-3.1x |
| Asset Turnover | 0.220.0x | 0.230.0x | 0.230.0x | 0.220.0x | 0.240.0x | 0.240.0x | 0.260.0x | 0.270.0x |
| FCF Margin | 8.2%-10.2pp | -8.8%-13.3pp | -0.7%-15.9pp | 8.4%-2.0pp | 18.3%-3.6pp | 4.5%-1.9pp | 15.2%-0.9pp | 10.4%-0.8pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| WM TECHNOLOGY INC A MAPS | FY2025 | $174.7M | $2.0M | 1.1% | $56.6M | — |
| Asure Software, Inc ASUR | FY2025 | $140.5M | -$13.1M | -9.3% | $212.3M | 42/100 |
| eGain Corporation EGAN | FY2026 | $91.1M | $8.9M | 9.7% | $139.0M | 52/100 |
| ON24, Inc. ONTF | FY2025 | $139.3M | -$28.9M | -20.7% | $348.2M | 67/100 |
| Immersion Corp IMMR | FY2026 | $1.7B | $4.5M | 0.3% | $237.1M | 76/100 |
| CoreCard Corporation CCRD | FY2024 | $57.4M | $5.4M | 9.5% | $183.9M | 63/100 |
Where WM TECHNOLOGY INC A Ranks
Frequently Asked Questions
What is WM TECHNOLOGY INC A's annual revenue?
WM TECHNOLOGY INC A (MAPS) reported $174.7M in total revenue for fiscal year 2025. This represents a -5.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is WM TECHNOLOGY INC A's revenue growing?
WM TECHNOLOGY INC A (MAPS) revenue declined by 5.3% year-over-year, from $184.5M to $174.7M in fiscal year 2025.
Is WM TECHNOLOGY INC A profitable?
Yes, WM TECHNOLOGY INC A (MAPS) reported a net income of $2.0M in fiscal year 2025, with a net profit margin of 1.1%.
What is WM TECHNOLOGY INC A's EBITDA?
WM TECHNOLOGY INC A (MAPS) had EBITDA of $14.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is WM TECHNOLOGY INC A's gross margin?
WM TECHNOLOGY INC A (MAPS) had a gross margin of 94.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is WM TECHNOLOGY INC A's operating margin?
WM TECHNOLOGY INC A (MAPS) had an operating margin of 0.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is WM TECHNOLOGY INC A's net profit margin?
WM TECHNOLOGY INC A (MAPS) had a net profit margin of 1.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is WM TECHNOLOGY INC A's return on equity (ROE)?
WM TECHNOLOGY INC A (MAPS) has a return on equity of 3.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is WM TECHNOLOGY INC A's free cash flow?
WM TECHNOLOGY INC A (MAPS) generated $13.5M in free cash flow during fiscal year 2025. This represents a -46.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is WM TECHNOLOGY INC A's operating cash flow?
WM TECHNOLOGY INC A (MAPS) generated $26.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are WM TECHNOLOGY INC A's total assets?
WM TECHNOLOGY INC A (MAPS) had $190.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are WM TECHNOLOGY INC A's capital expenditures?
WM TECHNOLOGY INC A (MAPS) invested $12.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does WM TECHNOLOGY INC A spend on research and development?
WM TECHNOLOGY INC A (MAPS) invested $28.1M in research and development during fiscal year 2025.
What is WM TECHNOLOGY INC A's current ratio?
WM TECHNOLOGY INC A (MAPS) had a current ratio of 2.34 as of fiscal year 2025, which is generally considered healthy.
What is WM TECHNOLOGY INC A's debt-to-equity ratio?
WM TECHNOLOGY INC A (MAPS) had a debt-to-equity ratio of 2.33 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is WM TECHNOLOGY INC A's return on assets (ROA)?
WM TECHNOLOGY INC A (MAPS) had a return on assets of 1.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is WM TECHNOLOGY INC A's P/E ratio?
WM TECHNOLOGY INC A (MAPS) trades at 27.2x earnings, its market capitalization divided by net income of $2.1M net income, trailing 12 months to June 30, 2026. The market capitalization is $56.6M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is WM TECHNOLOGY INC A's price-to-sales ratio?
WM TECHNOLOGY INC A (MAPS) trades at 0.3x sales, its market capitalization divided by revenue of $171.2M revenue, trailing 12 months to June 30, 2026. The market capitalization is $56.6M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is WM TECHNOLOGY INC A's Altman Z-Score?
WM TECHNOLOGY INC A (MAPS) has an Altman Z-Score of 1.09, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is WM TECHNOLOGY INC A's Piotroski F-Score?
WM TECHNOLOGY INC A (MAPS) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are WM TECHNOLOGY INC A's earnings high quality?
WM TECHNOLOGY INC A (MAPS) has an earnings quality ratio of 13.35x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.