WM Technology (MAPS) Financials

$0.19 -0.01 (-3.52%)

As of 11/12/2026 03:59 PM Eastern

Annual Income Statements for WM Technology

This table shows WM Technology's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-0.38	39	60	-116	-9.90	7.64	1.96
Consolidated Net Income / (Loss)	-0.38	39	152	-83	-16	12	3.26
Net Income / (Loss) Continuing Operations	-0.38	39	152	-83	-16	12	3.26
Total Pre-Tax Income	0.95	39	152	96	-16	12	3.36
Total Revenue	0.00	162	193	216	188	185	175
Net Interest Income / (Expense)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Non-Interest Income	0.00	162	193	216	188	185	175
Other Non-Interest Income	-	162	193	216	188	185	175
Total Non-Interest Expense	-6.29	121	35	260	205	170	174
Marketing Expense	69	58	92	133	83	77	67
Other Operating Expenses	64	59	103	136	87	80	86
Depreciation Expense	5.16	3.98	4.43	11	12	13	13
Impairment Charge	-	-	2.37	4.32	24	0.00	7.78
Other Special Charges	-144	0.00	-167	-25	-1.51	0.00	-0.39
Nonoperating Income / (Expense), net	-5.34	-2.37	-6.72	141	1.32	-2.53	2.20
Income Tax Expense	1.32	0.00	-0.60	179	0.09	0.05	0.09
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	0.00	92	33	-5.83	4.55	1.30
Basic Earnings per Share	$0.00	$0.00	$0.93	($1.36)	($0.11)	$0.08	$0.02
Weighted Average Basic Shares Outstanding	0.00	0.00	130.03M	170.05M	186.49M	192.51M	213.14M
Diluted Earnings per Share	$0.00	$0.00	($0.18)	($1.36)	($0.11)	$0.08	$0.02
Weighted Average Diluted Shares Outstanding	0.00	0.00	133.63M	170.05M	186.49M	194.21M	216.43M
Weighted Average Basic & Diluted Shares Outstanding	-	9.02M	135.90M	148.06M	-	154.35M	159.04M

This table shows WM Technology's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026	9/30/2026
Net Income / (Loss) Attributable to Common Shareholders	1.24	0.72	3.33	2.35	1.65	1.43	2.46	-3.57	1.17	2.02	-4.16
Consolidated Net Income / (Loss)	1.96	1.19	5.32	3.72	2.49	2.16	3.64	-5.03	1.69	2.88	-5.90
Net Income / (Loss) Continuing Operations	1.96	1.19	5.32	3.72	2.49	2.16	3.64	-5.03	1.69	2.88	-5.90
Total Pre-Tax Income	1.97	1.24	5.34	3.69	2.50	2.16	3.65	-4.96	1.73	2.88	-5.89
Total Revenue	44	46	47	48	45	45	42	43	44	42	38
Net Interest Income / (Expense)	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00
Total Interest Income	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00
Total Interest Expense	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00
Total Non-Interest Income	44	46	47	48	45	45	42	43	44	42	38
Other Non-Interest Income	44	46	47	48	45	45	42	43	44	42	38
Total Non-Interest Expense	41	45	41	43	42	43	41	48	43	40	45
Marketing Expense	19	21	19	18	20	18	19	16	19	18	21
Other Operating Expenses	19	21	19	21	19	21	18	21	21	19	20
Depreciation Expense	2.94	3.19	3.52	3.64	3.32	3.46	3.07	3.55	3.06	3.20	3.50
Other Special Charges	0.85	-0.07	-0.59	0.20	0.00	-0.39	0.39	-0.94	-0.10	-0.10	0.00
Nonoperating Income / (Expense), net	-0.94	-0.06	-0.45	-0.67	-0.14	-0.10	2.09	-0.09	1.43	0.43	0.47
Income Tax Expense	0.01	0.04	0.02	-0.03	0.01	0.00	0.01	0.07	0.03	0.00	0.01
Net Income / (Loss) Attributable to Noncontrolling Interest	0.72	0.48	1.99	1.37	0.85	0.73	1.18	-1.46	0.52	0.86	-1.74
Basic Earnings per Share	$0.02	$0.01	$0.03	$0.03	$0.04	$0.02	$0.04	($0.05)	$0.02	$0.04	($0.08)
Weighted Average Basic Shares Outstanding	189.41M	95.34M	97.17M	192.51M	208.08M	211.49M	215.14M	213.14M	221.18M	222.79M	224.35M
Diluted Earnings per Share	$0.02	$0.01	$0.03	$0.03	$0.04	$0.02	$0.04	($0.05)	$0.02	$0.04	($0.08)
Weighted Average Diluted Shares Outstanding	192.05M	97.28M	97.81M	194.21M	213.98M	215.84M	218.23M	216.43M	221.60M	223.01M	224.35M
Weighted Average Basic & Diluted Shares Outstanding	150.54M	152.43M	152.86M	154.35M	154.37M	156.55M	157.22M	159.04M	159.23M	160.35M	161.05M

This table details how cash moves in and out of WM Technology's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-21	15	48	-39	5.77	18	10
Net Cash From Operating Activities	6.30	39	30	-12	23	37	26
Net Cash From Continuing Operating Activities	6.30	39	30	-12	23	37	26
Net Income / (Loss) Continuing Operations	-0.38	39	152	-83	-16	12	3.26
Consolidated Net Income / (Loss)	-0.38	39	152	-83	-16	12	3.26
Provision For Loan Losses	0.18	1.27	5.49	17	1.79	0.04	4.38
Depreciation Expense	5.16	3.98	4.43	11	12	13	13
Amortization Expense	-	-	4.40	4.66	4.93	3.77	2.48
Non-Cash Adjustments to Reconcile Net Income	0.00	0.00	-136	182	33	9.11	17
Changes in Operating Assets and Liabilities, net	1.33	-4.84	-0.68	-144	-13	-1.71	-15
Net Cash From Investing Activities	-5.13	-1.31	-30	-18	-12	-12	-13
Net Cash From Continuing Investing Activities	-5.13	-1.31	-30	-18	-12	-12	-13
Purchase of Investment Securities	0.00	0.00	-30	-17	-12	-12	-13
Net Cash From Financing Activities	-22	-23	48	-9.81	-5.29	-7.42	-3.07
Net Cash From Continuing Financing Activities	-22	-23	48	-9.81	-5.29	-7.42	-3.07
Repayment of Debt	-5.02	-0.62	-7.30	-7.34	-1.45	-	0.27
Payment of Dividends	-15	-22	-19	-2.45	-4.22	-7.68	-1.92
Other Financing Activities, Net	0.00	0.00	80	-0.01	-0.01	-0.12	-1.43
Cash Income Taxes Paid	0.12	1.34	0.24	-0.09	0.04	0.05	0.15

This table details how cash moves in and out of WM Technology's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026	9/30/2026
Net Change in Cash & Equivalents	1.37	5.58	3.75	6.92	1.31	5.68	3.64	-0.19	-17	15	-9.51
Net Cash From Operating Activities	7.40	13	7.22	9.40	5.66	11	6.42	3.05	-1.29	8.21	-5.86
Net Cash From Continuing Operating Activities	7.40	13	7.22	9.40	5.66	11	6.42	3.05	-1.29	8.21	-5.86
Net Income / (Loss) Continuing Operations	1.96	1.19	5.32	3.72	2.49	2.16	3.64	-5.03	1.69	2.88	-5.90
Consolidated Net Income / (Loss)	1.96	1.19	5.32	3.72	2.49	2.16	3.64	-5.03	1.69	2.88	-5.90
Provision For Loan Losses	-0.66	0.04	0.32	0.33	0.31	0.77	1.54	1.76	3.94	4.09	4.98
Depreciation Expense	2.94	3.19	3.52	3.64	3.32	3.46	3.07	3.55	3.06	3.20	3.50
Amortization Expense	1.19	1.20	0.90	0.49	0.64	0.65	0.60	0.58	0.59	0.59	0.60
Non-Cash Adjustments to Reconcile Net Income	3.67	2.18	2.50	2.24	2.19	4.56	1.48	9.25	-0.02	-0.98	1.14
Changes in Operating Assets and Liabilities, net	-1.69	4.85	-5.34	-1.01	-3.30	-0.53	-3.91	-7.07	-11	-1.58	-10
Net Cash From Investing Activities	-4.54	-2.60	-2.36	-2.14	-3.65	-2.84	-2.87	-3.33	-13	6.87	-3.53
Net Cash From Continuing Investing Activities	-4.54	-2.60	-2.36	-2.14	-3.65	-2.84	-2.87	-3.33	-13	6.87	-3.53
Purchase of Investment Securities	-4.54	-2.60	-2.36	-2.14	-3.65	-2.84	-2.87	-3.33	-14	-6.72	-3.53
Net Cash From Financing Activities	-1.50	-4.48	-1.11	-0.34	-0.71	-2.54	0.09	0.09	-2.57	-0.10	-0.12
Net Cash From Continuing Financing Activities	-1.50	-4.48	-1.11	-0.34	-0.71	-2.54	0.09	0.09	-2.57	-0.10	-0.12
Other Financing Activities, Net	-0.00	-0.12	-7.25	-0.00	-0.00	-1.42	-1.92	1.92	-2.66	-0.10	-0.12
Cash Income Taxes Paid	-	-	-	-	-	-	-	-	-	-	0.00

This table presents WM Technology's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	253	54	365	199	167	182	191
Cash and Due from Banks	0.89	20	68	29	34	52	62
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Premises and Equipment, Net	-	7.39	13	25	24	24	25
Goodwill	-	3.96	45	68	68	68	61
Intangible Assets	-	4.51	8.30	10	2.51	1.95	1.51
Other Assets	0.26	18	230	67	38	36	40
Total Liabilities & Shareholders' Equity	253	54	365	199	167	182	191
Total Liabilities	22	25	233	84	64	62	59
Short-Term Debt	-	5.33	-	0.00	0.12	1.41	2.66
Accrued Interest Payable	-	0.00	5.46	6.33	6.49	3.49	3.92
Other Short-Term Payables	0.10	18	32	40	27	26	30
Other Long-Term Liabilities	22	1.37	195	38	30	31	23
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5.00	0.00	132	115	103	120	132
Total Preferred & Common Equity	5.00	0.00	64	13	16	36	57
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	5.00	29	64	13	16	36	57
Common Stock	0.00	0.00	2.19	68	81	93	112
Retained Earnings	5.00	0.00	61	-55	-65	-57	-55
Accumulated Other Comprehensive Income / (Loss)	-	-	-	-	-	-	0.00
Noncontrolling Interest	-	0.00	68	101	87	84	75

This table presents WM Technology's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026	6/30/2026	9/30/2026
Total Assets	179	166	168	174	184	188	193	186	191	178
Cash and Due from Banks	28	36	41	45	53	59	63	46	60	51
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Premises and Equipment, Net	25	26	26	25	24	24	25	26	26	26
Goodwill	68	68	68	68	68	68	68	61	61	61
Intangible Assets	2.65	2.37	2.23	2.09	1.81	1.79	1.65	1.37	1.24	1.09
Other Assets	55	34	30	33	36	35	36	41	42	39
Total Liabilities & Shareholders' Equity	179	166	168	174	184	188	193	186	191	178
Total Liabilities	64	59	59	59	60	60	58	52	52	44
Short-Term Debt	0.40	1.76	1.46	1.40	4.39	2.68	2.53	0.00	0.00	0.00
Accrued Interest Payable	6.87	5.90	4.47	4.09	3.60	3.66	3.78	4.07	4.22	4.38
Other Short-Term Payables	24	22	24	22	24	26	26	26	27	20
Other Long-Term Liabilities	33	29	28	31	28	28	25	22	20	19
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	115	107	109	115	124	128	135	135	139	134
Total Preferred & Common Equity	20	21	24	30	48	53	57	60	63	60
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	20	21	24	30	48	53	57	60	63	60
Common Stock	77	84	87	89	104	107	108	113	115	116
Retained Earnings	-57	-63	-63	-59	-55	-54	-51	-54	-52	-56
Accumulated Other Comprehensive Income / (Loss)	-	-	-	-	-	-	-	0.00	-	-0.01
Noncontrolling Interest	95	86	85	85	75	75	78	75	76	74

This table displays calculated financial ratios and metrics derived from WM Technology's official financial filings.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	31,250,000.00	31,250,000.00	131,179,708.00	146,438,829.00	149,367,491.00	-	157,216,675.00
DEI Adjusted Shares Outstanding	31,250,000.00	31,250,000.00	131,179,708.00	146,438,829.00	149,367,491.00	-	157,216,675.00
DEI Earnings Per Adjusted Shares Outstanding	-0.01	1.24	1.16	-0.56	-0.11	-	0.02
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	19.38%	11.59%	-12.78%	-1.85%	-5.32%
EBITDA Growth	0.00%	294.58%	270.04%	-116.81%	100.40%	28,544.14%	-46.48%
EBIT Growth	0.00%	555.29%	284.34%	-127.95%	61.69%	187.00%	-92.17%
NOPAT Growth	0.00%	1,753.07%	285.86%	-76.14%	-131.28%	223.82%	-92.36%
Net Income Growth	0.00%	10,454.67%	292.01%	-154.30%	80.97%	177.49%	-73.23%
EPS Growth	0.00%	0.00%	0.00%	-655.56%	91.91%	172.73%	-75.00%
Operating Cash Flow Growth	0.00%	523.29%	-23.06%	-138.49%	297.30%	59.96%	-28.60%
Free Cash Flow Firm Growth	0.00%	0.00%	-74.06%	-10.61%	-100.66%	-867.84%	-239.81%
Invested Capital Growth	0.00%	-85.02%	281.27%	-13.01%	-10.02%	17.62%	10.69%
Revenue Q/Q Growth	0.00%	0.00%	12.12%	-17.60%	-1.48%	0.66%	-2.57%
EBITDA Q/Q Growth	0.00%	0.00%	69.17%	-145.29%	100.88%	86.62%	-36.10%
EBIT Q/Q Growth	0.00%	0.00%	66.94%	-185.65%	31.17%	11,072.73%	-89.28%
NOPAT Q/Q Growth	0.00%	0.00%	67.61%	-35.07%	-188.16%	15,801.02%	-89.58%
Net Income Q/Q Growth	0.00%	0.00%	116.44%	-246.04%	75.92%	541.88%	-72.83%
EPS Q/Q Growth	0.00%	0.00%	18.18%	-806.67%	91.41%	500.00%	-77.78%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-21.69%	-26.92%	103.71%	-2.96%	-19.53%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	187.17%	-100.54%	-215.53%	-10.67%
Invested Capital Q/Q Growth	0.00%	0.00%	178.27%	-32.10%	-10.34%	4.37%	-2.49%
Profitability Metrics	-	-	-	-	-	-	-
EBITDA Margin	0.00%	27.92%	86.55%	-13.04%	0.06%	17.23%	9.75%
EBIT Margin	0.00%	25.46%	81.98%	-20.53%	-9.02%	7.99%	0.66%
Profit (Net Income) Margin	0.00%	24.00%	78.81%	-38.35%	-8.37%	6.60%	1.87%
Tax Burden Percent	-39.64%	100.00%	100.40%	-85.71%	100.59%	99.62%	97.23%
Interest Burden Percent	15.05%	94.25%	95.75%	-217.90%	92.23%	82.95%	290.31%
Effective Tax Rate	139.64%	0.00%	-0.40%	185.71%	0.00%	0.38%	2.77%
Return on Invested Capital (ROIC)	0.00%	31.03%	190.90%	30.75%	-10.88%	13.07%	0.88%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	17.34%	151.89%	0.00%	-6,339.74%	-314.88%	106.15%
Return on Net Nonoperating Assets (RNNOA)	0.00%	2.60%	39.84%	0.00%	-3.55%	-2.16%	1.71%
Return on Equity (ROE)	-0.16%	33.62%	230.74%	0.00%	-14.43%	10.92%	2.59%
Cash Return on Invested Capital (CROIC)	0.00%	178.90%	74.01%	44.66%	-0.33%	-3.12%	-9.27%
Operating Return on Assets (OROA)	0.00%	26.84%	75.57%	-15.69%	-9.26%	8.45%	0.62%
Return on Assets (ROA)	0.00%	25.30%	72.65%	-29.30%	-8.59%	6.99%	1.75%
Return on Common Equity (ROCE)	0.00%	4.99%	162.34%	0.00%	-1.97%	2.57%	0.96%
Return on Equity Simple (ROE_SIMPLE)	-7.50%	0.00%	239.50%	-617.72%	-96.01%	33.78%	5.71%
Net Operating Profit after Tax (NOPAT)	-2.49	41	159	38	-12	15	1.12
NOPAT Margin	0.00%	25.46%	82.30%	17.60%	-6.31%	7.96%	0.64%
Net Nonoperating Expense Percent (NNEP)	0.00%	13.69%	39.01%	0.00%	6,328.85%	327.95%	-105.27%
SG&A Expenses to Revenue	0.00%	35.76%	47.38%	61.77%	44.19%	41.65%	38.35%
Operating Expenses to Revenue	0.00%	74.54%	18.02%	120.53%	109.02%	92.01%	99.34%
Earnings before Interest and Taxes (EBIT)	6.29	41	158	-44	-17	15	1.16
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	11	45	167	-28	0.11	32	17
Valuation Ratios	-	-	-	-	-	-	-
Price to Book Value (P/BV)	61.94	13.63	12.34	11.05	6.57	5.85	2.27
Price to Tangible Book Value (P/TBV)	61.94	19.18	78.74	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	2.47	4.06	0.69	0.57	1.14	0.74
Price to Earnings (P/E)	0.00	10.28	12.99	0.00	0.00	27.61	66.12
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	9.73%	7.70%	0.00%	0.00%	3.62%	1.51%
Enterprise Value to Invested Capital (EV/IC)	2.32	11.11	5.95	1.92	1.55	2.01	1.08
Enterprise Value to Revenue (EV/Rev)	0.00	2.38	4.06	1.02	0.85	1.32	0.83
Enterprise Value to EBITDA (EV/EBITDA)	46.71	8.51	4.70	0.00	1,442.63	7.69	8.49
Enterprise Value to EBIT (EV/EBIT)	85.06	9.33	4.96	0.00	0.00	16.57	125.09
Enterprise Value to NOPAT (EV/NOPAT)	0.00	9.33	4.94	5.82	0.00	16.63	128.65
Enterprise Value to Operating Cash Flow (EV/OCF)	84.95	9.80	26.00	0.00	6.98	6.66	5.52
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	1.62	12.74	4.01	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.01	0.02
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	0.00	0.15	0.26	0.00	0.00	0.01	0.02
Leverage Ratio	1.10	1.33	3.18	2.29	1.68	1.56	1.48
Compound Leverage Factor	0.16	1.25	3.04	-4.98	1.55	1.30	4.29
Debt to Total Capital	0.00%	100.00%	0.00%	0.00%	0.12%	1.16%	1.98%
Short-Term Debt to Total Capital	0.00%	100.00%	0.00%	0.00%	0.12%	1.16%	1.98%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	97.84%	0.00%	51.83%	88.34%	84.02%	69.14%	55.50%
Common Equity to Total Capital	2.16%	548.76%	48.17%	11.66%	15.86%	29.70%	42.52%
Debt to EBITDA	0.00	0.12	0.00	0.00	1.10	0.04	0.16
Net Debt to EBITDA	0.00	-0.32	0.00	0.00	-308.36	-1.59	-3.51
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.13	0.00	0.00	-0.01	0.10	2.36
Net Debt to NOPAT	0.00	-0.35	0.00	0.00	2.88	-3.44	-53.15
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	97.84%	85.16%	29.64%	68.82%	86.34%	76.50%	62.98%
Liquidity Ratios	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	238	62	55	-0.36	-3.51	-12
Operating Cash Flow to CapEx	122.73%	2,992.83%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	0.00	1.05	0.92	0.76	1.03	1.06	0.94
Fixed Asset Turnover	0.00	0.00	18.69	11.28	7.64	7.64	7.12
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	231	35	132	115	103	121	134
Invested Capital Turnover	0.00	1.22	2.32	1.75	1.72	1.64	1.37
Increase / (Decrease) in Invested Capital	0.00	-196	97	-17	-12	18	13
Enterprise Value (EV)	535	384	785	221	160	244	145
Market Capitalization	310	399	784	148	108	211	130
Book Value per Share	$0.16	$0.94	$0.48	$0.09	$0.11	$0.24	$0.36
Tangible Book Value per Share	$0.16	$0.67	$0.08	($0.45)	($0.36)	($0.22)	($0.04)
Total Capital	231	5.33	132	115	103	121	134
Total Debt	0.00	5.33	0.00	0.00	0.12	1.41	2.66
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-0.89	-15	-68	-29	-34	-51	-60
Capital Expenditures (CapEx)	5.13	1.31	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	-2.12	2.37	6.75	121	3.86	2.51	-2.14
Net Nonoperating Obligations (NNO)	0.00	35	0.00	0.00	0.12	1.41	2.66
Total Depreciation and Amortization (D&A)	5.16	3.98	8.83	16	17	17	16
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.93	($1.36)	($0.11)	$0.08	$0.02
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	65.01M	85.03M	186.49M	192.51M	213.14M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($0.18)	($1.36)	($0.11)	$0.08	$0.02
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	66.81M	85.03M	186.49M	194.21M	216.43M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	135.90M	148.06M	0.00	154.35M	159.04M
Normalized Net Operating Profit after Tax (NOPAT)	-97	29	-4.06	-46	4.16	15	8.31
Normalized NOPAT Margin	0.00%	17.82%	-2.10%	-21.21%	2.21%	7.96%	4.75%
Pre Tax Income Margin	0.00%	24.00%	78.50%	44.74%	-8.32%	6.63%	1.92%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	-4,101.87%	56.53%	12.48%	-2.96%	-26.82%	63.03%	58.72%
Augmented Payout Ratio	-4,519.73%	57.58%	16.14%	-2.96%	-26.82%	63.03%	58.72%

This table displays calculated financial ratios and metrics derived from WM Technology's official financial filings.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026	9/30/2026
DEI Shares Outstanding	149,367,491.00	301,076,192.00	152,434,611.00	-	154,348,055.00	154,373,308.00	156,546,002.00	157,216,675.00	159,040,266.00	159,228,945.00	160,351,449.00
DEI Adjusted Shares Outstanding	149,367,491.00	301,076,192.00	152,434,611.00	-	154,348,055.00	154,373,308.00	156,546,002.00	157,216,675.00	159,040,266.00	159,228,945.00	160,351,449.00
DEI Earnings Per Adjusted Shares Outstanding	0.01	0.00	0.03	-	0.02	0.01	0.02	-0.03	0.01	0.02	-0.04
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-4.37%	-5.20%	-0.29%	2.59%	0.50%	-2.30%	-9.40%	-9.65%	-2.36%	-5.35%	-8.76%
EBITDA Growth	643.76%	-16.64%	844.89%	235.04%	-6.04%	4.21%	-48.64%	-108.37%	-40.34%	-1.89%	-143.08%
EBIT Growth	185.04%	-52.67%	196.35%	142.47%	-9.07%	39.97%	-72.90%	-202.20%	-88.82%	8.46%	-505.16%
NOPAT Growth	220.93%	-54.27%	237.11%	161.10%	-8.98%	44.89%	-72.89%	-171.04%	-88.99%	8.42%	-384.63%
Net Income Growth	149.36%	-39.79%	311.70%	133.09%	27.31%	80.82%	-31.53%	-235.39%	-32.08%	33.49%	-262.02%
EPS Growth	166.67%	0.00%	250.00%	142.86%	100.00%	0.00%	-33.33%	-350.00%	-50.00%	100.00%	-300.00%
Operating Cash Flow Growth	243.16%	553.85%	-13.19%	-10.62%	-23.48%	-12.58%	-11.13%	-67.60%	-122.76%	-25.80%	-191.34%
Free Cash Flow Firm Growth	-67.40%	-80.79%	-90.81%	-419.53%	-267.96%	-258.76%	-537.06%	-22.39%	61.88%	68.02%	96.84%
Invested Capital Growth	-6.18%	-8.47%	1.05%	17.62%	17.98%	18.12%	18.48%	10.69%	5.25%	6.23%	-2.77%
Revenue Q/Q Growth	-4.47%	3.41%	1.41%	2.40%	-6.41%	0.53%	-5.96%	2.12%	1.14%	-2.55%	-9.34%
EBITDA Q/Q Growth	212.06%	-19.27%	79.67%	-16.91%	-25.64%	-10.47%	-11.45%	-114.20%	630.11%	58.32%	-136.16%
EBIT Q/Q Growth	128.38%	-55.48%	346.68%	-24.74%	-44.50%	-31.47%	-13.51%	-410.64%	106.07%	727.70%	-359.47%
NOPAT Q/Q Growth	140.35%	-56.79%	360.58%	-23.91%	-45.08%	-31.22%	-13.81%	-318.23%	108.51%	743.05%	-281.69%
Net Income Q/Q Growth	117.45%	-39.05%	345.39%	-30.12%	-32.88%	-13.43%	68.64%	-238.18%	133.67%	70.13%	-304.68%
EPS Q/Q Growth	128.57%	-50.00%	200.00%	0.00%	100.00%	-75.00%	100.00%	-350.00%	140.00%	100.00%	-300.00%
Operating Cash Flow Q/Q Growth	-29.63%	70.93%	-42.93%	30.19%	-39.75%	95.29%	-41.99%	-52.53%	-142.32%	736.70%	-171.41%
Free Cash Flow Firm Q/Q Growth	132.56%	14.25%	-60.28%	-402.75%	-26.03%	-7.99%	-9.36%	17.77%	60.75%	11.62%	88.93%
Invested Capital Q/Q Growth	5.14%	1.89%	5.19%	4.37%	5.46%	2.02%	5.51%	-2.49%	0.28%	2.96%	-3.43%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	15.85%	12.37%	21.92%	17.79%	14.82%	13.20%	12.43%	-1.73%	9.05%	14.71%	-5.87%
EBIT Margin	6.56%	2.82%	12.44%	9.14%	5.93%	4.04%	3.72%	-11.32%	0.68%	5.77%	-16.52%
Profit (Net Income) Margin	4.41%	2.60%	11.42%	7.80%	5.59%	4.81%	8.63%	-11.68%	3.89%	6.79%	-15.33%
Tax Burden Percent	99.54%	96.60%	99.61%	100.70%	99.64%	100.00%	99.64%	101.43%	98.15%	99.97%	100.12%
Interest Burden Percent	67.61%	95.37%	92.23%	84.69%	94.56%	119.02%	232.89%	101.76%	583.11%	117.67%	92.69%
Effective Tax Rate	0.46%	3.40%	0.39%	-0.70%	0.36%	0.00%	0.36%	0.00%	1.85%	0.03%	0.00%
Return on Invested Capital (ROIC)	10.82%	4.32%	19.61%	15.11%	9.23%	6.16%	5.23%	-10.82%	0.88%	7.33%	-14.25%
ROIC Less NNEP Spread (ROIC-NNEP)	-72.39%	-1.93%	-30.30%	-72.81%	4.56%	22.83%	111.04%	-90.50%	64.82%	39.60%	-128.76%
Return on Net Nonoperating Assets (RNNOA)	-0.74%	-0.02%	-0.24%	-0.50%	0.12%	0.40%	1.74%	-1.46%	1.10%	0.40%	-1.21%
Return on Equity (ROE)	10.09%	4.31%	19.37%	14.61%	9.35%	6.56%	6.97%	-12.28%	1.98%	7.73%	-15.46%
Cash Return on Invested Capital (CROIC)	-0.25%	1.55%	-1.20%	-3.12%	-4.29%	-4.18%	-8.43%	-9.27%	-5.98%	-6.76%	-1.79%
Operating Return on Assets (OROA)	6.84%	2.90%	12.94%	9.67%	6.27%	4.17%	3.64%	-10.61%	0.64%	5.22%	-14.93%
Return on Assets (ROA)	4.60%	2.68%	11.89%	8.25%	5.91%	4.97%	8.45%	-10.96%	3.65%	6.14%	-13.85%
Return on Common Equity (ROCE)	1.64%	0.84%	4.17%	3.43%	2.81%	2.13%	2.41%	-4.54%	0.83%	3.35%	-6.70%
Return on Equity Simple (ROE_SIMPLE)	-47.13%	-43.29%	-9.33%	0.00%	26.25%	25.95%	21.10%	0.00%	4.13%	5.07%	-10.63%
Net Operating Profit after Tax (NOPAT)	2.90	1.25	5.77	4.39	2.64	1.81	1.56	-3.41	0.29	2.45	-4.45
NOPAT Margin	6.53%	2.73%	12.39%	9.20%	5.91%	4.04%	3.71%	-7.92%	0.67%	5.77%	-11.56%
Net Nonoperating Expense Percent (NNEP)	83.22%	6.25%	49.91%	87.92%	4.67%	-16.67%	-105.81%	79.69%	-63.94%	-32.27%	114.51%
SG&A Expenses to Revenue	42.49%	45.12%	41.15%	38.01%	44.24%	36.66%	40.76%	38.13%	43.70%	42.64%	54.39%
Operating Expenses to Revenue	93.44%	97.18%	87.56%	90.86%	94.07%	95.96%	96.28%	111.32%	99.32%	94.23%	116.52%
Earnings before Interest and Taxes (EBIT)	2.91	1.30	5.79	4.36	2.65	1.81	1.57	-4.87	0.30	2.45	-6.36
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	7.04	5.68	10	8.48	6.61	5.92	5.24	-0.74	3.94	6.24	-2.26
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	9.55	6.40	4.49	5.85	3.60	2.62	3.19	2.27	1.75	0.99	0.99
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	201.60	0.00
Price to Revenue (P/Rev)	1.07	0.85	0.72	1.14	0.94	0.75	1.01	0.74	0.60	0.37	0.35
Price to Earnings (P/E)	0.00	0.00	0.00	27.61	21.68	15.80	23.03	66.12	70.47	30.02	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	3.62%	4.61%	6.33%	4.34%	1.51%	1.42%	3.33%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.31	1.82	1.50	2.01	1.57	1.20	1.45	1.08	1.00	0.56	0.62
Enterprise Value to Revenue (EV/Rev)	1.35	1.10	0.95	1.32	1.09	0.86	1.12	0.83	0.77	0.46	0.49
Enterprise Value to EBITDA (EV/EBITDA)	40.43	39.76	10.48	7.69	6.40	4.98	7.51	8.49	9.36	5.48	12.25
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	16.57	13.85	10.49	18.55	125.09	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	16.63	13.90	10.49	18.54	128.65	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	8.90	5.18	4.62	6.66	5.75	4.72	6.15	5.52	6.98	4.76	20.13
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	112.48	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.02	0.01	0.01	0.01	0.04	0.02	0.02	0.02	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	0.01	0.01	0.01	0.01	0.03	0.02	0.02	0.02	0.02	0.01	0.01
Leverage Ratio	1.61	1.55	1.53	1.56	1.52	1.50	1.46	1.48	1.43	1.42	1.38
Compound Leverage Factor	1.09	1.48	1.41	1.32	1.43	1.79	3.41	1.51	8.35	1.67	1.28
Debt to Total Capital	1.62%	1.32%	1.20%	1.16%	3.43%	2.05%	1.84%	1.98%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	1.62%	1.32%	1.20%	1.16%	3.43%	2.05%	1.84%	1.98%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	79.23%	76.58%	73.41%	69.14%	58.74%	57.59%	56.89%	55.50%	55.73%	54.75%	55.40%
Common Equity to Total Capital	19.15%	22.11%	25.39%	29.70%	37.83%	40.36%	41.27%	42.52%	44.27%	45.25%	44.60%
Debt to EBITDA	0.28	0.29	0.08	0.04	0.14	0.08	0.10	0.16	0.00	0.00	0.00
Net Debt to EBITDA	-5.48	-7.86	-2.62	-1.59	-1.56	-1.78	-2.25	-3.51	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	-0.24	-0.17	-7.58	0.10	0.30	0.18	0.23	2.36	0.00	0.00	0.00
Net Debt to NOPAT	4.57	4.72	237.08	-3.44	-3.38	-3.75	-5.57	-53.15	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	83.72%	80.43%	78.46%	76.50%	69.96%	67.45%	65.47%	62.98%	58.17%	56.69%	56.68%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	10	11	4.56	-14	-17	-18	-20	-16	-6.44	-5.69	-0.63
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.04	1.03	1.04	1.06	1.06	1.03	0.98	0.94	0.94	0.90	0.90
Fixed Asset Turnover	7.25	7.01	7.40	7.64	7.37	7.30	7.24	7.12	6.96	6.83	6.64
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	109	111	116	121	128	131	138	134	135	139	134
Invested Capital Turnover	1.66	1.58	1.58	1.64	1.56	1.52	1.41	1.37	1.32	1.27	1.23
Increase / (Decrease) in Invested Capital	-7.16	-10	1.20	18	20	20	22	13	6.73	8.14	-3.82
Enterprise Value (EV)	251	201	174	244	201	157	200	145	134	78	83
Market Capitalization	199	157	133	211	174	138	182	130	105	62	59
Book Value per Share	$0.14	$0.16	$0.30	$0.24	$0.31	$0.34	$0.36	$0.36	$0.38	$0.39	$0.37
Tangible Book Value per Share	($0.33)	($0.31)	($0.42)	($0.22)	($0.14)	($0.11)	($0.08)	($0.04)	($0.02)	$0.00	($0.02)
Total Capital	109	111	116	121	128	131	138	134	135	139	134
Total Debt	1.76	1.46	1.40	1.41	4.39	2.68	2.53	2.66	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-34	-40	-44	-51	-49	-56	-60	-60	-46	-60	-51
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.94	0.06	0.45	0.67	0.14	-0.35	-2.08	1.62	-1.40	-0.43	1.45
Net Nonoperating Obligations (NNO)	1.76	1.46	1.40	1.41	4.39	2.68	2.53	2.66	0.00	0.00	0.00
Total Depreciation and Amortization (D&A)	4.13	4.38	4.42	4.12	3.96	4.11	3.67	4.13	3.65	3.79	4.10
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.01	$0.01	$0.03	$0.03	$0.04	$0.01	$0.02	($0.05)	$0.02	$0.04	($0.08)
Adjusted Weighted Average Basic Shares Outstanding	189.41M	95.34M	97.17M	192.51M	208.08M	105.74M	107.57M	213.14M	221.18M	222.79M	224.35M
Adjusted Diluted Earnings per Share	$0.01	$0.01	$0.03	$0.03	$0.04	$0.01	$0.02	($0.05)	$0.02	$0.04	($0.08)
Adjusted Weighted Average Diluted Shares Outstanding	96.02M	97.28M	97.81M	194.21M	213.98M	107.92M	109.11M	216.43M	221.60M	223.01M	224.35M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	150.54M	152.43M	152.86M	154.35M	154.37M	156.55M	157.22M	159.04M	159.23M	160.35M	161.05M
Normalized Net Operating Profit after Tax (NOPAT)	3.74	1.19	5.18	3.19	2.64	1.38	1.95	-4.07	0.20	2.35	-4.45
Normalized NOPAT Margin	8.43%	2.59%	11.13%	6.68%	5.91%	3.07%	4.63%	-9.44%	0.45%	5.54%	-11.56%
Pre Tax Income Margin	4.43%	2.69%	11.47%	7.74%	5.61%	4.81%	8.66%	-11.52%	3.96%	6.79%	-15.31%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-56.71%	-86.57%	0.00%	63.03%	53.43%	26.65%	0.00%	58.72%	49.21%	0.00%	0.00%
Augmented Payout Ratio	-56.71%	-86.57%	0.00%	63.03%	53.43%	26.65%	0.00%	58.72%	49.21%	0.00%	0.00%

Financials Breakdown Chart

Key Financial Trends

WM Technology’s recent results show a business that has returned to profitability, although revenue remains below 2023–2024 levels. Q2 2026 revenue was $42.4 million, down from $44.8 million in Q2 2025 and $46.7 million in Q3 2023. However, the company’s cost structure improved: total non-interest expense fell to $40.0 million from $43.3 million in Q1 2026 and $42.6 million in Q2 2025.

Profitability has strengthened sequentially. Consolidated net income increased from $1.7 million in Q1 2026 to $2.9 million in Q2, while net income attributable to common shareholders rose from $1.2 million to $2.0 million. Diluted earnings per share improved to $0.04 from $0.02. This marks a meaningful recovery from the $5.0 million consolidated loss reported in Q4 2025, though earnings remain below the $5.3 million recorded in Q3 2024.

Cash flow improved sharply in Q2 2026. Operating cash flow rebounded to $8.2 million after a $1.3 million outflow in Q1, and investment activity generated $6.9 million as the company sold or received maturities on investment securities. Cash and equivalents reached $60.5 million at quarter-end, while short-term debt was zero. Still, investors should monitor the sustainability of cash generation because operating cash flow has been volatile and Q2’s investing inflow was driven largely by investment maturities rather than core operations.

Profitability is improving: Q2 2026 consolidated net income rose 70% sequentially to $2.9 million, with common-shareholder earnings increasing to $2.0 million.
Margins benefited from lower expenses: Total non-interest expense declined to $40.0 million in Q2 2026, helping produce a net margin of approximately 6.8% despite lower revenue.
Operating cash flow recovered: Cash flow from operations improved from a $1.3 million outflow in Q1 2026 to an $8.2 million inflow in Q2.
Liquidity remains solid: Cash and equivalents increased to $60.5 million, compared with $45.5 million at the end of Q1 2026, and the company reported no short-term debt.
Balance-sheet leverage is moderate: Total liabilities of $51.7 million represented roughly 27% of total assets at the end of Q2 2026, down from $60.1 million in Q1 2025.
Revenue remains relatively stable but subdued: Quarterly revenue has generally stayed in the low-to-mid-$40 million range, but Q2 2026 revenue was approximately 9% below Q3 2023 levels.
Cash benefited from investment activity: Q2 investing cash flow was positive because the company received $13.6 million from investment sales and maturities, partially offset by $6.7 million of purchases.
Operating cash flow has been inconsistent: Cash from operations was negative in Q1 2026 and Q4 2025, contrasting with positive results in most earlier quarters.
Goodwill remains a significant asset concentration: Goodwill totaled $61.3 million, or roughly one-third of total assets, which could increase impairment risk if business conditions weaken.
Share dilution remains a concern: Basic weighted-average shares increased from 107.6 million in Q3 2025 to 222.8 million in Q2 2026, limiting the benefit of improving total earnings for individual shareholders.

11/13/26 04:23 AM ETAI Generated. May Contain Errors.

WM Technology Financials - Frequently Asked Questions

According to the most recent income statement we have on file, WM Technology's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

WM Technology's net income appears to be on a downward trend, with a most recent value of $3.26 million in 2025, compared with -$375 thousand in 2019. The previous period was $12.19 million in 2024. See where experts think WM Technology is headed by visiting WM Technology's forecast page.

Over the last 6 years, WM Technology's total revenue changed from $0.00 in 2019 to $174.70 million in 2025, a change of 17,470,400,000.0%.

In the past 12 quarters, WM Technology's cash and equivalents has ranged from $27.72 million in Q3 2023 to $62.59 million in Q3 2025, and is currently $50.99 million as of their latest financial filing in Q3 2026.

WM Technology had total debt of $2.66 million at the end of 2025, a 89.0% increase from 2024, and none in 2019.

Over the last 6 years, WM Technology's book value per share changed from 0.16 in 2019 to 0.36 in 2025, a change of 127.3%.

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Financial statements for NASDAQ:MAPS last updated on 11/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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WM Technology (MAPS) Financials

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WM Technology (MAPS) Financials

Annual Income Statements for WM Technology

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Quarterly Cash Flow Statements for WM Technology

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Quarterly Metrics And Ratios for WM Technology

Financials Breakdown Chart

Key Financial Trends

WM Technology Financials - Frequently Asked Questions

When does WM Technology's financial year end?

How has WM Technology's net income changed over the last 6 years?

How has WM Technology's revenue changed over the last 6 years?

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How has WM Technology's book value per share changed over the last 6 years?

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