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WM Technology, Inc. - $MAPS STOCK NEWS

Welcome to our dedicated page for WM Technology news (Ticker: $MAPS), a resource for investors and traders seeking the latest updates and insights on WM Technology stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect WM Technology's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of WM Technology's position in the market.

Rhea-AI Summary

Weedmaps, a leading online cannabis marketplace, announced the 2024 winners of the 'Best of Weedmaps: The People's Choice' awards. The program recognizes businesses, delivery services, and brands that enhance the cannabis shopping experience on the platform. Winners are chosen based on outstanding service, product quality, and seamless delivery experiences. The winners had significantly more orders, deals claimed, and brand page follows compared to their competitors. Weedmaps used a methodology matrix to assess the winners, including factors like listing quality, customer service ratings, and consumer engagement. Public voting determined the winners, and the full list can be viewed on weedmaps.com/best-of-wm.

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WM Technology, Inc. (MAPS) received a delinquency notification from Nasdaq due to a late filing of the Annual Report for 2023. The delay was caused by changes in executive finance leadership and internal control weaknesses. The Company must submit a plan to regain compliance within 60 days to avoid delisting.
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WM Technology, Inc. (Nasdaq: MAPS) announces the return of its 'Best of Weedmaps: The People's Choice' program, inviting the public to nominate and vote for outstanding retailers and brands on the Weedmaps platform. The winners will be determined based on factors such as listing quality, customer service ratings, and consumer engagement. The awards aim to recognize businesses that provide exceptional shopping experiences to consumers. The voting period will take place from January 29 to February 29, 2024, with the winners being announced in April 2024. Weedmaps has observed a positive impact of these awards on consumer awareness, brand affinity, and orders placed, with award recipients experiencing higher consumer engagement in the month after the winners are announced.
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6.84%
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WM Technology, Inc. (NASDAQ: MAPS) reports third quarter 2023 financial results, with revenue of $47.7 million, net loss of $2.5 million, and adjusted EBITDA of $10.7 million. Despite a decrease in revenue and average monthly paying clients compared to the prior year, the company's net loss and adjusted EBITDA have improved significantly. The company's cash position remains strong at $27.7 million with no debt.
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WM Technology, Inc. will report financial results for its third quarter ended September 30, 2023 on November 8, 2023. A webcast to discuss the results will be held on the same day.
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1.85%
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Weedmaps and The Freak Brothers partner to celebrate weed culture
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WM Technology, Inc. announces its second-quarter 2023 financial results, reporting revenue of $50.9 million, net income of $2.0 million, and adjusted EBITDA of $10.2 million. The company highlights positive changes made to its business, commitment to returning to positive cash flow, and increased value for stakeholders. However, revenue decreased compared to the prior year period, while average monthly paying clients and average monthly revenue per paying client also saw a decline.
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WM Technology, Inc.

Nasdaq:MAPS

MAPS Rankings

MAPS Stock Data

119.23M
80.02M
21.42%
40.98%
1.39%
Software Publishers
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United States of America
IRVINE

About MAPS

weedmaps is an online legal marijuana community that allows users to review and discuss cannabis strains and local dispensaries. the website is similar to yelp and contains a database with over 3,000 medical marijuana dispensaries and 25,000 strains of cannabis. the company was launched in july 2008 by justin hartfield and doug francis. the site attracts approximately four million monthly visitors and has annual revenue of $30 million. weedmaps is widely considered the industry leader and premier medical marijuana site on the web, catering to the entire industry from patients to businesses and continues to see substantial growth. weedmaps provides listing services for medical marijuana dispensaries, doctors’ offices and delivery services throughout the united states. the site accepts reviews from any patient in medical marijuana states. along with its business and social services, weedmaps also participates in and hosts events connecting medical marijuana patients with one another an