Wm Technology Inc Stock Price, News & Analysis

WM Technology (Nasdaq: MAPS) will report third quarter 2025 financial results for the period ended September 30, 2025 after market close on Thursday, November 6, 2025. Management will host a live webcast at 2:00 p.m. PT / 5:00 p.m. ET the same day to discuss results, with a replay available at ir.weedmaps.com by end of day November 7, 2025. The company operates the Weedmaps marketplace and provides eCommerce and compliance software for cannabis retailers and brands. Media and investor contact emails are provided for follow-up.

WM Technology (Nasdaq: MAPS) reported its Q2 2025 financial results, demonstrating mixed performance. The company achieved Q2 net income of $2.2 million, up 81% year-over-year, and Adjusted EBITDA of $11.7 million, increasing 16% year-over-year.

Revenue decreased slightly to $44.8 million from $45.9 million in the prior year period. The company's average monthly paying clients increased to 5,241 from 5,045, while average monthly revenue per paying client declined to $2,852 from $3,033. Cash position strengthened to $59.0 million as of June 30, 2025.

For Q3 2025, WM Technology projects revenue of $41-43 million and Adjusted EBITDA of $5-7 million.

WM Technology (Nasdaq: MAPS), the company behind Weedmaps and provider of cannabis marketplace and technology solutions, has scheduled its Second Quarter 2025 Financial Results webcast for Thursday, August 7, 2025 after market close.

The earnings webcast will begin at 2:00 PM Pacific Time (5:00 PM Eastern Time). A replay will be available on the company's investor relations website (ir.weedmaps.com) by August 8. Founded in 2008, WM Technology operates the leading cannabis marketplace for consumers and provides eCommerce and compliance solutions for cannabis businesses.

WM Technology (Nasdaq: MAPS), a cannabis industry technology provider, announced that co-founders Douglas Francis and Justin Hartfield have withdrawn their non-binding proposal to take the company private at $1.70 per share. The proposal, originally made on December 17, 2024, was withdrawn due to unspecified external factors.

The co-founders indicated they will continue evaluating transaction possibilities and may submit an alternative proposal. The Special Committee of the Board, supported by Evercore Group L.L.C. and Allen Overy Shearman Sterling US LLP as advisors, remains committed to acting in the best interests of all stockholders.

WM Technology (MAPS) reported its Q1 2025 financial results, marking its tenth consecutive quarter of Adjusted EBITDA profitability. The company achieved revenues of $44.6 million, a slight increase from $44.4 million in the prior year. Net income rose 27% year-over-year to $2.5 million, while Adjusted EBITDA increased to $10.1 million from $9.6 million. The company's average monthly paying clients grew to 5,179 from 4,937, though average monthly revenue per client decreased to $2,871 from $2,997. Cash position strengthened to $53.3 million, up from $35.7 million year-over-year. For Q2 2025, WM Technology projects revenue of approximately $45 million and Adjusted EBITDA of around $8 million.

WM Technology (Nasdaq: MAPS), the operator of Weedmaps and provider of cannabis marketplace and technology solutions, has scheduled its first quarter 2025 financial results announcement for Thursday, May 8, 2025, after market close. The company will host a webcast at 2 p.m. PT (5 p.m. ET) to discuss the results.

Founded in 2008, Weedmaps has evolved into the leading cannabis marketplace for consumers, offering features such as product discovery, dispensary deals, order-ahead capabilities, and educational resources. The company provides eCommerce and compliance software solutions for cannabis businesses and brands, while advocating for U.S. legalization and industry social equity.

WM Technology (MAPS) reported Q4 2024 revenue of $47.7 million, up from $46.5 million year-over-year, and full-year 2024 revenue of $184.5 million. The company achieved its ninth consecutive quarter of Adjusted EBITDA profitability, with Q4 Adjusted EBITDA increasing to $11.9 million.

Q4 net income was $3.7 million, improving from a net loss of $11.2 million in the prior year period. The company maintained strong operational metrics with 5,225 average monthly paying clients and average monthly revenue per paying client of $3,041.

For full-year 2024, despite industry challenges including client marketing budget constraints and industry consolidation, WM Technology achieved net income of $12.2 million, compared to a net loss of $15.7 million in 2023. Cash position strengthened to $52.0 million by year-end 2024. The company projects Q1 2025 revenue of approximately $43 million with Adjusted EBITDA around $7 million.

WM Technology (Nasdaq: MAPS), a leading cannabis marketplace and technology solutions provider, has scheduled its fourth quarter and full year 2024 financial results announcement for Thursday, March 13, 2025, after market close. The company will host a webcast at 2 p.m. Pacific Time (5 p.m. Eastern Time) to discuss the results.

Founded in 2008, WM Technology operates Weedmaps, a premier cannabis marketplace platform that enables consumers to discover products, access dispensary deals, and order for pick-up and delivery. The company provides eCommerce and compliance software solutions for cannabis businesses and brands, supporting industry compliance needs and business efficiency.

WM Technology (Nasdaq: MAPS) has appointed Sarah Griffis as its new Chief Technology Officer, effective January 6, 2025. Griffis brings experience from regulated industries, having previously served as CTO at Cerebral, a digital healthcare company, and held engineering leadership positions at GoodRx and Kindbody.

CEO Doug Francis expressed enthusiasm about Griffis joining the cannabis marketplace and technology solutions provider, highlighting her experience in building engineering teams and operating in regulated industries. Griffis, a Caltech graduate in Environmental Science Engineering, stated her commitment to improving the company's product and creating greater efficiencies for customers and clients.