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MAPSWM Technology, Inc.
$0.37$41M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
MAPS logo

WM Technology, Inc.

MAPS
NASDAQ · Application Software
$0.37
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$41M
P/E20.5x
52W High$1.36
Volume32.42K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Persistent Revenue Contraction Challenges Operational Margin Scalability

WM Technology faces a challenging outlook characterized by a -2.4% year-over-year revenue decline in 2026Q1 and an inability to translate its 94.9% gross margin into meaningful bottom-line profitability. While the company maintains a conservative debt-to-equit...

GrowthContracting
ProfitabilityStrained
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

MAPS price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

0/12 Beats

EPS beat 0 of last 12 quarters

02

Valuation risk

+102% Peers

P/E is 102% above peer median

03

Market leadership

RS 16 · Lag

Laggard (Underperforming 84% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Nov 6

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
MAPS-56.01%
S&P 500 (^GSPC)+12.39%
1-Year Return
MAPS-69.32%
S&P 500 (^GSPC)+15.77%
3-Year Return
MAPS-71.45%
S&P 500 (^GSPC)+73.39%
5-Year Return
MAPS-97.49%
S&P 500 (^GSPC)+69.38%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
20.5x
Forward P/E
N/A
EV/EBITDA0th %ile
0.2x
FCF YieldCash Flow
32.7%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
20.5x
45.6x
50th· Fair
EV/EBITDA
0.2x
3.5x
0th· Low
Price/FCF
3.1x
6.6x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue
$175M-5.3% YoY
Net income
$2M-74.3% YoY
Free cash flow
$14M-46.1% YoY
Operating margin
6.7%-1.3 pts YoY
ROIC (TTM)9.1%
Avg ROIC 5Y-
ROE (TTM)1.6%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate0/12 (0%)
Revenue Beat Rate10/12 (83%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 6, 2026
$0.02-33.3%
vs $0.03
$42M-0.6%
vs $43M
Q2 2026
May 11, 2026
$0.01-66.7%
vs $0.03
$44M+8.6%
vs $40M
Q2 2026
Mar 12, 2026
-$0.03-200.0%
vs $0.03
$43M+1.8%
vs $42M
Q4 2025
Nov 6, 2025
$0.02-42.9%
vs $0.04
$42M+0.4%
vs $42M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

3 Stories
Defense World·Sep 9, 2026
Head-To-Head Survey: WM Technology (NASDAQ:MAPS) & Akamai Technologies (NASDAQ:AKAM)

WM Technology (NASDAQ: MAPS - Get Free Report) and Akamai Technologies (NASDAQ: AKAM - Get Free Report) are both technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, dividends, valuation and analyst recommendations. Profitability This table compares WM Technology and Akamai

Business Wire·Aug 6, 2026
WM Technology, Inc. Reports Second Quarter 2026 Financial Results

IRVINE, Calif.--(BUSINESS WIRE)--WM Technology, Inc. (“WM Technology” or the “Company”) (OTC: MAPS), a leading marketplace and technology solutions provider to the cannabis industry, today announced its financial results for the second quarter ended June 30, 2026. “The cannabis industry is entering a more demanding phase, particularly in established markets where sustained economic and regulatory pressures continue to reshape the competitive landscape,” said Doug Francis, CEO and Chairman of WM.

MarketBeat·Jul 16, 2026
WM Technology Shareholders Reject Board Overhaul at Annual Meeting

WM Technology NASDAQ: MAPS stockholders did not approve a proposal to amend the company's certificate of incorporation to declassify its board of directors and move to the immediate annual election of all directors, according to preliminary results announced during the company's 2026 Annual Meeting of Stockholders.

Filtered for WM Technology, Inc.More Headlines
04

Compare before deciding

Benchmark MAPS against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for WM Technology, Inc. (MAPS)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
MAPS logoMAPSWM Technology, Inc.Current
$0.37$41.34M20.51-5.32%1.12%1.56%4.77%
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$4.92$199.75M4.0355.25%45.97%10.97%—
IIPR logoIIPRInnovative Industrial Properties, Inc.
$55.28$1.6B14.07-13.8%52.27%7.39%—
GRWG logoGRWGGrowGeneration Corp.
$1.61$96.75M-4.03-14.36%-10.07%-17.44%—
HYFM logoHYFMHydrofarm Holdings Group, Inc.
$0.98$4.67M-0.02-29.45%-267.2%——
CRON logoCRONCronos Group Inc.
$3.40$1.27B-135.4626.81%28.74%6.18%—

Compare MAPS vs Peers

WM Technology, Inc. (MAPS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs TPVG

Most directly comparable listed peer for MAPS.

Scale Benchmark

vs TRMK

Larger-name benchmark to compare MAPS against a more recognizable public peer.

Peer Set

Compare Top 5

vs TPVG, IIPR, GRWG, HYFM

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

MAPS SEC Filings & Documents

WM Technology, Inc. (MAPS) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 6, 2026·SEC

Material company update

Jul 22, 2026·SEC

Material company update

Jun 24, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 12, 2026·SEC

FY 2025

Mar 13, 2025·SEC

FY 2024

May 24, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 6, 2026·SEC

FY 2026

May 11, 2026·SEC

FY 2025

Nov 6, 2025·SEC

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MAPS Frequently Asked Questions

WM Technology, Inc. (MAPS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is WM Technology, Inc.'s revenue?

WM Technology, Inc. (MAPS) reported $171.2M in revenue for fiscal year 2025. This represents a 69% increase from $101.4M in 2018.

How fast is WM Technology, Inc. growing?

WM Technology, Inc. (MAPS) saw revenue decline by 5.3% over the past year.

Is MAPS profitable?

Yes, WM Technology, Inc. (MAPS) is profitable, generating $2.1M in net income for fiscal year 2025 (1.1% net margin).

Dividend & Returns
Does MAPS pay dividends?

Yes, WM Technology, Inc. (MAPS) pays a dividend with a yield of 4.77%. This makes it attractive for income-focused investors.

What is MAPS's return on equity?

WM Technology, Inc. (MAPS) has a return on equity (ROE) of 1.6%. This is below average, suggesting room for improvement.

What is WM Technology, Inc.'s free cash flow?

WM Technology, Inc. (MAPS) generated $2.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in MAPS back in 2018?

Total return calculator · dividends reinvested · 8+ years of data

See returns →