Saturday 17 October 2026 Export MAPS’s income statement to Excel — free account

WM Technology, Inc.

WM Technology, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $174.7 million, down 5.32% from fiscal 2024. In the quarter to June 2026, revenue fell 5.35%, EPS grew 100.0% and free cash flow fell 57.8%, each against the same quarter a year earlier.

0.31 0.01 +3.33%

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Market cap: $51.9M
P/E: 15.5×
Fwd P/E: 6.7×
Dividend yield: —
F-score: 5/9
Altman Z: 1.73
Beneish M: −2.70
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.55

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	2	—	—	3	—	—	—	—	1	—	—	—

Insider Ownership 18.17%

Capital & Financial Ratios $m

Market Cap 51.85

Revenue 171.25

Net Income 3.19

Free Cash Flow 2.92

Net Debt (60.50)

Current Ratio 2.72

Debt/Equity 0.00

P/E ratio 15.50

Fwd P/E 6.72

P/S ratio 0.20

P/B ratio 0.25

Past 5Y EPS Growth (49.18%)

This Y EPS Growth 550.00%

Next Y EPS Growth 3.85%

Next Y revenue growth (4.01%)

Next 5Y EPS Growth 71.00%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 43.56%

10-year low 10-year high

P/S against its own 10 years 0.22%

10-year low 10-year high

P/B against its own 10 years 0.18%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2020	Powerpack
2019	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	34	52	62	60
Receivables	11	10	15	19
Inventory	—	—	—	—
Other	—	—	—	—
	51	70	85	85

	2023	2024	2025	Q'26
Payables	21	20	24	21
ST’ Debt	—	—	—	—
Other	—	—	0	—
	34	30	36	31

Compound Annual Growth %

	10y	5y	3y
Sales	—	1.55%	(6.76%)
Cash Flow	—	(7.77%)	0.00%
Earnings	—	(44.96%)	0.00%
Book Value	—	35.11%	4.72%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	44	42	—	—	—
’25	45	45	42	43	175
’24	44	46	47	48	185
’23	46	48	47	46	188
’22	57	58	51	49	216
’21	41	47	51	54	193
’20	—	39	47	77	162

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(1)	8	—	—	—
’25	6	11	6	3	26
’24	7	13	7	9	37
’23	2	2	8	11	23
’22	(4)	0	(7)	(1)	(12)
’21	11	6	12	1	30
’20	0	15	15	10	39

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(4)	3	—	—	—
’25	2	8	4	0	14
’24	3	10	5	7	25
’23	(1)	(1)	5	8	11
’22	(8)	(4)	(11)	(4)	(28)
’21	10	5	9	(2)	22
’20	0	14	15	9	38

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.01	0.02	—	—	—
’25	0.02	0.01	0.02	(0.03)	0.02
’24	0.01	0.01	0.03	0.02	0.08
’23	(0.03)	0.01	(0.02)	(0.08)	(0.11)
’22	(0.19)	0.13	(0.06)	(1.19)	(1.36)
’21	(0.37)	(0.17)	0.02	0.53	(0.18)
’20	0.21	(0.01)	0.00	(1.71)	0.59

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	9.80	9.51	5.48	0.80	0.60	0.70	0.72	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	10.54	15.60	29.50	8.35	1.88	1.65	1.53
People
People	Employees	—	—	—	—	—	601	583	459	457	416
	Revenue/emp, $m	—	—	—	0.00	0.00	0.32	0.37	0.41	0.40	0.42
Income, $m
Income, $m	Revenue	—	—	—	144	162	193	216	188	185	175
	Gross margin, %	—	—	—	95.10	95.28	95.89	92.85	93.34	95.11	94.94
	EBT	—	—	—	1	39	152	96	(16)	12	3
	EBT margin, %	—	—	—	0.66	24.00	78.50	44.74	(8.32)	6.63	1.92
	Net income	—	0	—	0	39	152	(83)	(16)	12	3
	Depreciation	—	—	—	5	4	9	16	17	17	16
Per share, $
Per share, $	Revenue	—	—	—	4.62	2.46	2.97	2.53	2.02	1.92	1.64
	Earnings	—	—	—	0.06	(0.08)	0.93	(1.36)	(0.11)	0.08	0.02
	Cash flow	—	—	—	0.20	0.60	0.46	(0.14)	0.25	0.38	0.25
	Capex	—	—	—	(0.16)	(0.02)	(0.12)	(0.19)	(0.13)	(0.12)	(0.12)
	Free cash flow	—	—	—	0.04	0.58	0.34	(0.33)	0.12	0.26	0.13
	Book value	—	—	—	0.16	0.45	2.03	1.35	1.11	1.25	1.24
	Shares, m	—	—	—	31	66	65	85	93	96	107
Valuation, ×
Valuation, ×	P/E	—	—	—	330.33	0.00	10.87	0.00	0.00	19.71	41.50
	P/S	—	—	—	0.00	0.00	2.01	0.41	0.40	0.72	0.51
	P/B	—	—	—	0.28	13.63	2.95	0.78	0.72	1.11	0.67
	EV/Sales	—	—	—	0.00	0.00	1.66	0.28	0.21	0.44	0.15
	EV/FCF	—	—	—	0.00	9.66	14.42	(2.19)	3.64	3.23	1.93
Cash, $m
Cash, $m	Operating cash flow	—	—	—	6	39	30	(12)	23	37	26
	Capex	—	—	—	(5)	(1)	(8)	(16)	(12)	(12)	(13)
	Free cash flow	—	—	—	1	38	22	(28)	11	25	14
Balance, $m
Balance, $m	Working capital	—	—	—	1	11	61	9	18	39	49
	Total debt	—	—	—	—	0	45	39	—	—	—
	Net debt	—	—	—	(1)	(20)	(68)	(29)	(34)	(52)	(62)
	Shareholders’ equity	—	—	—	5	29	132	115	103	120	132
Returns, %
Returns, %	ROA	—	—	—	(0.30)	25.30	28.82	(41.12)	(5.41)	4.38	1.05
	ROIC	—	—	—	95.71	275.33	(7.97)	(50.48)	(16.77)	13.55	0.69
	ROE	—	—	—	(0.29)	226.61	74.91	(94.03)	(9.08)	6.84	1.56

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
RSSS Research Solutions Inc.	$68.2M	22.2×	20.5×	−2.87% (below 0%: shrinking)	−71.43% (below 0%: shrinking)	−21.64% (below 0%: shrinking)	53.00%	6.97%	Compare
CTK CooTek (Cayman) Inc. Sponsored ADR	$61.2M	— (loss-making)	2.7×	−45.10% (below 0%: shrinking)	n/m	−75.38% (below 0%: shrinking)	89.34%	1.13%	Compare
SCOR comScore, Inc.	$61.2M	— (loss-making)	3.0×	−11.35% (below 0%: shrinking)	n/m	−124.79% (below 0%: shrinking)	35.67%	(15.12%)	Compare
THRY Thryv Holdings, Inc.	$53.8M	— (loss-making)	39.9×	−28.39% (below 0%: shrinking)	n/m	−23.41% (below 0%: shrinking)	62.74%	(0.76%)	Compare
MAPS WM Technology, Inc.	$51.9M	15.5×	6.7×	−5.35% (below 0%: shrinking)	+100.00% (above 0%: growing)	−57.80% (below 0%: shrinking)	94.05%	5.54%
FRMM Forum Markets, Incorporated	$49.8M	— (loss-making)	— (loss-making)	—	n/m	+7,830.88% (above 0%: growing)	29.16%	(728.35%)	Compare
IDN Intellicheck Mobilisa, Inc.	$45.4M	13.9×	30.5×	+15.97% (above 0%: growing)	n/m	−42.41% (below 0%: shrinking)	91.30%	9.64%	Compare
PHUN Phunware	$42.6M	— (loss-making)	— (loss-making)	+75.60% (above 0%: growing)	n/m	−65.76% (below 0%: shrinking)	68.96%	(757.07%)	Compare
BZAI Blaize Holdings, Inc.	$39.8M	— (loss-making)	—	+504.69% (above 0%: growing)	n/m	−77.46% (below 0%: shrinking)	7.66%	(255.35%)	Compare
Median of peers	$51.8M	—	20.5×	−2.87%	—	−54.08%	57.87%	(7.94%)

All 237 Software Application stocks →

WM Technology, Inc. (MAPS) key facts

Concern: WM Technology, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $174.7 million, down 5.32% from fiscal 2024.
WM Technology, Inc. (MAPS) is a Software Application company in the Technology sector.
As of October 16, 2026, MAPS traded at $0.31, a market capitalization of $51.9 million.
Return on equity was 1.56% and debt-to-equity 0.00.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 1.73 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.