SequelSEC

WM TECHNOLOGY, INC. MAPS

Services-Prepackaged Software · CIK 0001779474 · Fiscal year ends 1231

Revenue
$174.70M
Fiscal year ended 2025-12-31
Operating income
$766.00K
Fiscal year ended 2025-12-31
Free cash flow
Unavailable
Fiscal year ended 2025-12-31

WM TECHNOLOGY, INC. (MAPS) reported revenue of $174.70M and net income of $1.96M for the fiscal year ended 2025-12-31. This page shows 7 annual periods of income statement, balance sheet and cash flow figures normalized from WM TECHNOLOGY, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Prepackaged Software.

Income

WM TECHNOLOGY, INC. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Revenue$174.70M$184.51M$187.99M$215.53M$193.15M$161.79M$144.23M
Cost of revenue$8.83M$9.02M$12.53M$15.41M$7.94M$7.63M$7.07M
Gross profit$165.87M$175.50M$175.47M$200.12M$185.21M$154.16M$137.16M
Operating income$766.00K$14.76M-$18.46M-$69.62M-$8.18M$41.20M$6.29M
Net income$1.96M$7.64M-$9.90M-$115.99M$60.38M$38.83M-$375.00K
Research & development$28.14M$36.43M$36.00M$50.52M$35.40M$27.14M$29.50M
Weighted-average diluted sharesshares 108.22Mshares 97.10Mshares 93.24Mshares 85.03Mshares 66.81MUnavailableUnavailable
Pretax income$3.36M$12.23M-$15.63M$96.43M$151.62M$38.83M$946.00K
Income tax expense$93.00K$46.00K$93.00K$179.08M-$601.00K$0$1.32M
Diluted EPSUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling, general & administrative$115.80M$111.03M$121.39M$203.41M$151.19M$81.84M$96.21M
General & administrative$76.93M$70.60M$74.31M$120.79M$95.08M$51.13M$56.47M
Selling & marketing$38.87M$40.42M$47.07M$82.62M$56.12M$30.72M$39.75M

Balance

WM TECHNOLOGY, INC. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Cash & equivalents$62.40M$51.97MUnavailableUnavailableUnavailableUnavailableUnavailable
Total assets$190.67M$181.87M$167.02M$199.04M$365.14M$53.89M$253.08M
Current assets$84.92M$69.51M$51.49M$54.98M$98.93M$34.17M$1.15M
Total liabilities$58.87M$61.80M$63.87M$84.26M$233.20M$24.62M$22.11M
Current liabilities$36.24M$30.43M$33.72M$46.32M$37.80M$23.25MUnavailable
Total equity incl. NCI$131.80M$120.07M$103.15M$114.78M$131.94M$0$5.00M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailable$173.95M$225.97M
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$14.62M$10.06M$11.16M$17.44M$17.55M$9.43MUnavailable
Goodwill$61.27M$68.37M$68.37M$68.37M$45.30M$3.96MUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$13.00M$7.47M$7.32M$4.34M$4.30M$2.24MUnavailable

Cash flow

WM TECHNOLOGY, INC. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Operating cash flow$26.19M$36.68M$22.93M-$11.62M$30.19M$39.24M$6.30M
Capital expendituresUnavailableUnavailableUnavailable$16.06M$7.94M$1.31M$5.13M
Investing cash flow-$12.68M-$11.64M-$11.87M-$17.77M-$30.44M-$1.31M-$5.13M
Financing cash flow-$3.07M-$7.42M-$5.29M-$9.80M$48.10M-$22.97M-$21.97M
Net change in cash$10.44M$17.62M$5.77M-$39.19M$47.86M$14.95M-$20.80M
Stock-based compensation$7.78M$9.22M$13.52M$23.49M$29.32M$0$0
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$13.39M$13.28M$12.13M$11.50M$4.42M$3.98M$5.16M

Derived

WM TECHNOLOGY, INC. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailable$37.92M$1.17M
Gross margin94.9%95.1%93.3%92.9%95.9%95.3%95.1%
Operating margin0.4%8.0%-9.8%-32.3%-4.2%25.5%4.4%
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailable23.4%0.8%
SBC / revenue4.5%5.0%7.2%10.9%15.2%0.0%0.0%
Current ratio2.34x2.28x1.53x1.19x2.62x1.47xUnavailable
Revenue YoY growth-5.3%-1.9%-12.8%11.6%19.4%12.2%Unavailable
Net margin1.1%4.1%-5.3%-53.8%31.3%24.0%-0.3%
R&D / revenue16.1%19.7%19.2%23.4%18.3%16.8%20.5%
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailable0.8%3.6%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate2.8%0.4%Unavailable185.7%-0.4%0.0%139.6%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MAPS in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-11View SEC filing
10-K · Filed 2026-03-12View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-Q · Filed 2025-05-08View SEC filing

Companies in the same industry

Reconciliation checks needing review

1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationreview2020-12-31

Difference 144677273 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.