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WM Technology (MAPS)
NASDAQ:MAPS
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.04Last Year’s EPS
0.01Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: -11.11%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted modest revenue growth and client base expansion, alongside significant technological advancements and a solid cash position. However, these positives were balanced by substantial regulatory challenges, a decrease in revenue from specific listings, declining revenue per client, and increased operating expenses.Company Guidance
During the first quarter of 2025 earnings call, WM Technology, Inc. provided a cautiously optimistic guidance amidst industry challenges. The company reported a first-quarter revenue of $44.6 million, a 1% year-over-year increase, with growth in standard listings and display advertising partially offset by a decline in featured and deal listings. The average monthly paying clients rose by 5% to 5,179, although the average monthly revenue per paying client dropped to $2,871 due to financial pressures in mature markets. Despite a 3% increase in GAAP operating expenses to $42 million, net income grew to $2.5 million, driven by warrant adjustments and higher interest income. Adjusted EBITDA exceeded expectations at $10.1 million, supported by reduced advertising and wage costs. The company ended the quarter with a cash balance of $53.3 million, marking seven consecutive quarters of cash growth with no debt. For the second quarter, WM Technology anticipates revenues of approximately $45 million and a non-GAAP adjusted EBITDA of around $8 million, as it continues to navigate regulatory and market challenges within the cannabis industry.Revenue Growth and Exceeding Guidance
First quarter revenue was $44.6 million, a modest increase of $0.2 million or 1% year-over-year, driven by growth in standard listings and display advertising. Adjusted EBITDA for the first quarter was $10.1 million, exceeding expectations.
Client Base Expansion
Average monthly paying clients for the quarter increased 5% year-over-year to 5,179, driven by new client acquisitions in underpenetrated markets.
Cash Growth and No Debt
The company generated $1.3 million in cash from operations and ended the first quarter with a cash balance of $53.3 million, marking the seventh consecutive quarter of cash growth, with no debt on the balance sheet.
Technological Advancements
Progress in technology and product development with improvements to data infrastructure, automation, and machine learning capabilities under the new CTO.
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 08, 2025 | $1.17 | $1.12 | -4.27% |
Mar 13, 2025 | $1.17 | $1.25 | +6.84% |
Nov 12, 2024 | $0.72 | $0.86 | +19.44% |
Aug 08, 2024 | $0.94 | $0.98 | +4.26% |
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 (MAPS) report earnings?
WM Technology (MAPS) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is WM Technology (MAPS) earnings time?
WM Technology (MAPS) earnings time is at Aug 07, 2025, TBA Not 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 2025 (Q2) is 0.04.