WM Technology, Inc (MAPS) Stock

About WM Technology, Inc

WM Technology, Inc. is a leading provider of digital solutions for the cannabis industry, serving retailers and brands across the United States, Canada, and international markets. At its core is the Weedmaps platform, a widely used online marketplace that empowers cannabis consumers to effortlessly discover and explore a vast array of products from various retailers and brands, and facilitates local product reservations. Beyond shopping, Weedmaps also serves as a valuable resource, offering comprehensive information on the cannabis plant, industry insights, and advocating for legalization initiatives. For businesses operating within the cannabis ecosystem, WM Technology offers the comprehensive WM Business suite. This monthly subscription-based software package encompasses a range of tools designed to streamline operations, including WM Orders, WM Dispatch, WM Store, WM Dashboard, various integrations, and an API platform. Additionally, subscribers gain access to WM Retail and WM Exchange products. Further enhancing its offerings, the company provides diverse advertising solutions, a specialized customer relationship management (CRM) solution called Sprout, and Cannveya, a dedicated software for delivery and logistics management. Established in 2008, WM Technology, Inc. is headquartered in Irvine, California.

WM Technology, Inc is led by CEO Douglas Francis, employs 440 people, headquartered in US, publicly traded since 2019.

WM Technology, Inc (MAPS) stock trades at $0.37 with a market capitalization of $64.68M. The stock is valued at a price-to-earnings (P/E) ratio of 18.50, price-to-book of 1.13, price-to-sales of 0.37. Over the past 52 weeks the stock has ranged between $0.31 and $1.36, and currently trades 72.8% below its 52-week high.

On profitability, WM Technology, Inc generates a return on equity (ROE) of 3.51%, return on capital employed of 9.09%, an operating margin of 6.86%, a net profit margin of 0.86%.

Official website: www.weedmaps.com

WM Technology, Inc by the numbers, 2017–2025

Between 2017 and 2025 WM Technology, Inc reported revenue of $90.0M rising to $175.0M, a change of +94.4% across 9 years. Compounded, revenue has grown 1.6% a year over five years, -6.8% over three, -5.4% over the last twelve months. Net profit fell to $2.0M.

Operating margin went from 21.6% in 2017 to 6.7% in 2025, a fall of 14.9 percentage points. The most recent net margin is 0.86%. On a trailing twelve-month basis to Mar '26, revenue is $174.0M and net profit $0.

Borrowings stand at $27.0M, cash from operations was $26.0M in the latest year, positive in 8 of the last 9.

Return on equity has averaged -167.1% over five years, and was 3.5% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

WM Technology, Inc (MAPS) — frequently asked questions