MAPS
Company Description
WM Technology, Inc. provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States, Canada, and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and information on the cannabis plant, and the industry and advocate related services for legalization. It also provides WM Business suite of monthly subscription-based software solutions, including WM Orders, WM Dispatch, WM Store, WM Dashboard, integrations, and API platform, as well as access to its WM Retail and WM Exchange products. In addition, the company offers advertising solutions; Sprout, a customer relationship management solution; and Cannveya, a delivery and logistics software solution. WM Technology, Inc. was founded in 2008 and is headquartered in Irvine, California.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 174.70M | 184.51M | 187.99M | 215.53M | 193.15M | 161.79M | 144.23M | 101.40M | 89.72M |
| Net Income | 1.96M | 7.64M | (9.90M) | (115.99M) | 60.38M | 38.83M | (375,000) | 14.35M | 18.25M |
| EPS | 0.02 | 0.08 | -0.11 | -1.36 | 0.93 | 0.59 | -0.01 | 2.08 | 2.64 |
| Free Cash Flow | 13.50M | 25.04M | 11.06M | (27.68M) | 15.16M | 37.92M | 1.17M | 15.57M | 16.08M |
| FCF / Share | 0.13 | 0.26 | 0.12 | -0.33 | 0.23 | 0.58 | 0.04 | 2.25 | 2.33 |
| Operating CF | 26.19M | 36.68M | 22.93M | (11.62M) | 23.09M | 39.24M | 6.29M | 17.69M | 19.21M |
| Total Assets | 190.67M | 181.87M | 167.02M | 199.03M | 365.14M | 53.89M | 253.08M | 48.06M | N/A |
| Total Debt | 26.55M | 30.09M | 33.04M | 39.38M | 44.84M | 205,000 | 205,324 | 5.23M | N/A |
| Cash & Equiv | 62.40M | 51.97M | 34.35M | 28.58M | 67.78M | 19.92M | 894,589 | 25.77M | N/A |
| Book Value | 57.17M | 36.08M | 16.38M | 13.38M | 63.56M | 29.27M | 230.97M | 30.12M | N/A |
| Return on Equity | 0.03 | 0.21 | -0.60 | -8.67 | 0.95 | 1.33 | -0.00 | 0.48 | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 43.56M | 43.07M | 42.18M | 44.85M | 44.61M | 47.67M | 46.55M | 45.90M | 44.39M | 41.41M | 46.69M | 48.42M |
| Net Income | 1.17M | (3.57M) | 2.46M | 1.43M | 1.65M | 2.35M | 3.33M | 716,000 | 1.24M | (7.11M) | (1.54M) | 1.23M |
| EPS | 0.01 | -0.03 | 0.02 | 0.01 | 0.02 | 0.02 | 0.03 | 0.01 | 0.01 | -0.08 | -0.02 | 0.01 |
| Free Cash Flow | (1.29M) | (280,000) | 3.55M | 8.22M | 2.01M | 7.26M | 4.86M | 10.05M | 2.86M | 7.52M | 5.25M | (645,000) |
| FCF / Share | -0.01 | -0.00 | 0.03 | 0.08 | 0.02 | 0.07 | 0.05 | 0.11 | 0.03 | 0.08 | 0.06 | -0.01 |
| Operating CF | (1.29M) | 3.05M | 6.42M | 11.06M | 5.66M | 9.40M | 7.22M | 12.65M | 7.40M | 10.52M | 8.32M | 1.94M |
| Total Assets | 186.41M | 190.67M | 192.91M | 188.07M | 183.83M | 181.87M | 173.57M | 167.96M | 165.85M | 167.02M | 178.69M | 188.74M |
| Total Debt | 25.63M | 26.55M | 27.44M | 28.32M | 29.23M | 30.09M | 31.00M | 29.10M | 31.31M | 33.04M | 34.71M | 36.32M |
| Cash & Equiv | 45.52M | 62.40M | 62.59M | 58.95M | 53.27M | 51.97M | 45.04M | 41.29M | 35.72M | 34.35M | 27.72M | 24.60M |
| Book Value | 59.69M | 57.17M | 56.91M | 52.74M | 48.47M | 36.08M | 29.55M | 24.46M | 20.79M | 16.38M | 19.95M | 20.50M |
| Return on Equity | 0.02 | -0.06 | 0.04 | 0.03 | 0.03 | 0.07 | 0.11 | 0.03 | 0.06 | -0.43 | -0.08 | 0.06 |
