stockrow
Saturday 7 November 2026
Export MAPS’s income statement to Excel — free account
WM Technology, Inc.
MAPS Technology Software Application
WM Technology, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $174.7 million, down 5.32% from fiscal 2024.
- Revenue
- −5.35%
- EPS
- +100.0%
- Free cash flow
- −57.8%
Quarter to June 2026, against a year earlier
0.28
0.02
−6.67%
Follow MAPS
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | 144 | 162 | 193 | 216 | 188 | 185 | 175 | 171 | +3.2% | 168 | 163 | 167 | (1.6%) | |
| Gross margin, % | — | — | — | 95.10 | 95.28 | 95.89 | 92.85 | 93.34 | 95.11 | 94.94 | 94.72 | (0.2) pt | ||||||
| EBT | — | — | — | 1 | 39 | 152 | 96 | (16) | 12 | 3 | 3 | +23.5% | ||||||
| EBT margin, % | — | — | — | 0.66 | 24.00 | 78.50 | 44.74 | (8.32) | 6.63 | 1.92 | 1.93 | +1.3 pt | ||||||
| Net income | — | 0 | — | 0 | 39 | 152 | (83) | (16) | 12 | 3 | 3 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | 4.62 | 2.46 | 2.97 | 2.53 | 2.02 | 1.92 | 1.64 | 1.54 | (15.8%) | |||||
| Earnings | — | — | — | 0.06 | — | 0.93 | (1.36) | (0.11) | 0.08 | 0.02 | 0.02 | (17.5%) | ||||||
| Cash flow | — | — | — | 0.20 | 0.60 | 0.46 | (0.14) | 0.25 | 0.38 | 0.25 | 0.15 | +3.4% | ||||||
| Capex | — | — | — | (0.16) | (0.02) | (0.12) | (0.19) | (0.13) | (0.12) | (0.12) | (0.12) | (5.2%) | ||||||
| Free cash flow | — | — | — | 0.04 | 0.58 | 0.34 | (0.33) | 0.12 | 0.26 | 0.13 | 0.03 | +22.6% | ||||||
| Book value | — | — | — | 0.16 | 0.45 | 2.03 | 1.35 | 1.11 | 1.25 | 1.24 | 1.25 | +40.6% | ||||||
| Shares, m | — | — | — | 31 | 66 | 65 | 85 | 93 | 96 | 107 | 109 | +22.7% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | 330.33 | 0.00 | 10.87 | 0.00 | 0.00 | 19.71 | 41.50 | 14.00 | 57.5 | |||||
| P/S | — | — | — | 0.00 | 0.00 | 2.01 | 0.41 | 0.40 | 0.72 | 0.51 | 0.18 | 0.6 | ||||||
| P/B | — | — | — | 0.28 | 13.63 | 2.95 | 0.78 | 0.72 | 1.11 | 0.67 | 0.22 | 2.9 | ||||||
| EV/Sales | — | — | — | 0.00 | 0.00 | 1.66 | 0.28 | 0.21 | 0.44 | 0.15 | (0.17) | 0.4 | ||||||
| EV/FCF | — | — | — | 0.00 | 9.66 | 14.42 | (2.19) | 3.64 | 3.23 | 1.93 | (10.05) | 4.4 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | 6 | 39 | 30 | (12) | 23 | 37 | 26 | 16 | +26.8% | |||||
| Capex | — | — | — | (5) | (1) | (8) | (16) | (12) | (12) | (13) | (13) | +16.3% | ||||||
| Free cash flow | — | — | — | 1 | 38 | 22 | (28) | 11 | 25 | 14 | 3 | +50.4% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | 1 | 11 | 61 | 9 | 18 | 39 | 49 | 54 | +89.4% | |||||
| Net debt | — | — | — | (1) | (20) | (68) | (29) | (34) | (52) | (62) | (60) | +102.9% | ||||||
| Shareholders’ equity | — | — | — | 5 | 29 | 132 | 115 | 103 | 120 | 132 | 139 | +72.5% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | (0.30) | 25.30 | 28.82 | (41.12) | (5.41) | 4.38 | 1.05 | 1.10 | +1.4 pt | |||||
| ROIC | — | — | — | 95.71 | 275.33 | (7.97) | (50.48) | (16.77) | 13.55 | 0.69 | (0.96) | (95.0) pt | ||||||
| ROE | — | — | — | (0.29) | 226.61 | 74.91 | (94.03) | (9.08) | 6.84 | 1.56 | 1.56 | +1.8 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | 601 | 583 | 459 | 457 | 416 | — | (8.8%) | |||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.00 | 0.32 | 0.37 | 0.41 | 0.40 | 0.42 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
WM Technology, Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| ROC Rank One Computing Corporation | $62.0M | — (loss-making) | — (loss-making) | — | n/m | −613.92% (below 0%: shrinking) | 89.67% | (15.23%) | Compare |
| RSSS Research Solutions Inc. | $61.5M | 20.3× | 17.1× | −2.87% (below 0%: shrinking) | −71.43% (below 0%: shrinking) | −21.64% (below 0%: shrinking) | 53.00% | 6.97% | Compare |
| AMOD Alpha Modus Holdings, Inc. | $59.5M | — (loss-making) | — | — | n/m | −72.95% (below 0%: shrinking) | — | 0.00% | Compare |
| THRY Thryv Holdings, Inc. | $52.9M | — (loss-making) | — (loss-making) | −28.39% (below 0%: shrinking) | n/m | −23.41% (below 0%: shrinking) | 62.74% | (0.76%) | Compare |
| MAPS WM Technology, Inc. | $51.9M | 14.0× | 4.7× | −5.35% (below 0%: shrinking) | +100.00% (above 0%: growing) | −57.80% (below 0%: shrinking) | 94.05% | 5.54% | |
| SCOR comScore, Inc. | $49.8M | 1.0× | — (loss-making) | −14.34% (below 0%: shrinking) | n/m | −315.77% (below 0%: shrinking) | 37.86% | (87.66%) | Compare |
| ADBT Advasa Holdings, Inc. | $49.1M | — | — | — | — | — | 82.20% | 76.50% | Compare |
| REKR Rekor Systems, Inc. | $44.3M | — (loss-making) | — (loss-making) | +2.45% (above 0%: growing) | n/m | +69.97% (above 0%: growing) | 56.16% | 1.75% | Compare |
| IDN Intellicheck Mobilisa, Inc. | $40.7M | 13.1× | 31.4× | +15.97% (above 0%: growing) | n/m | −42.41% (below 0%: shrinking) | 91.30% | 9.64% | Compare |
| Median of peers | $51.3M | 13.1× | — | −2.87% | — | −42.41% | 62.74% | 0.88% |
Pay and ownership Proxy statement filed 28 April 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 1.44m | (4.22m) | 81.69 |
| 2024 | 7.51m | 12.88m | 136.63 |
| 2023 | 1.16m | 1.15m | 71.29 |
Ownership
Directors and executive officers, together
19.60% of the votes
Justin Hartfield
18.50% of the votes
Douglas Francis
18.30% of the votes
Ghost Media Group, LLC
5.30% of the votes
Morgan Stanley
3.50% of the votes
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement