Wm Technology, Inc. (MAPS)
OTHER OTC:MAPS
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Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.03Last Year’s EPS
0.01Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced positive strategic developments and measured profitability against persistent operational headwinds. Positive items include the federal rescheduling milestone, strategic delisting to expand capabilities, revenue in line with expectations, positive adjusted EBITDA ($5.9M) and a $57M liquidity position. Offsetting these are declines in paying clients (‑4% YoY), a 2% YoY revenue decline, a $3.9M allowance for doubtful accounts that increased operating expenses, $1.3M of operating cash used, and guidance for low‑single‑digit sequential revenue decline in Q2. Overall the company is navigating a difficult industry environment with disciplined actions and strategic options, but near‑term operational metrics remain pressured.Company Guidance
Regulatory Progress — Federal Rescheduling Milestone
DOJ moved FDA‑approved medical cannabis products from Schedule I to Schedule III in April 2026, a constructive industry milestone that management views as a positive tailwind over time (no immediate material impact expected on operations).
Strategic Delisting from Nasdaq Provides Flexibility
Company voluntarily delisted from Nasdaq to gain flexibility to invest across the cannabis ecosystem and expand technology and services previously restricted by exchange policies — management calls this a strategic 'unlock' to pursue growth opportunities.
Revenue in Line with Expectations; Sequential Growth
First quarter revenue was $43.6 million, down 2% year‑over‑year but up 1% sequentially, and described as 'in line' with company expectations; sequential growth driven by increased client spend in March ahead of 4/20.
Profitability and Adjusted EBITDA
Reported net income of $1.7 million for the quarter and adjusted EBITDA of $5.9 million (excluding nonrecurring items), demonstrating positive operating profitability in a constrained environment.
Average Revenue per Paying Client Improved
Average monthly revenue per paying client was $2,914 in the quarter, a marginal increase year‑over‑year; management notes the increase was partly due to churn of lower‑spend clients improving mix.
Liquidity Position and Balance Sheet
Ended the quarter with $57 million of cash and investments (cash, short‑term treasuries and bonds) and highlighted the ability to 'put the balance sheet to work' for strategic investments and platform expansion.
MAPS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MAPS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | $0.38 | $0.39 | +2.67% |
Mar 12, 2026 | $0.75 | $0.68 | -10.34% |
Nov 06, 2025 | $0.99 | $0.96 | -2.93% |
Aug 07, 2025 | $0.90 | $0.93 | +3.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Wm Technology, Inc. (MAPS) report earnings?
Wm Technology, Inc. (MAPS) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is Wm Technology, Inc. (MAPS) earnings time?
Wm Technology, Inc. (MAPS) earnings time is at Aug 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MAPS EPS forecast?
MAPS EPS forecast for the fiscal quarter 2026 (Q2) is 0.03.