MAPS

Company Overview — What Does WM TECHNOLOGY, INC. Do?

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. WM TECHNOLOGY, INC. (MAPS) is classified as a micro-cap stock in the Technology sector, specifically within the Computer Software industry. The company is led by CEO Doug Francis and employs approximately 610 people. With a market capitalization of $75M, MAPS is one of the notable companies in the Technology sector.

WM TECHNOLOGY, INC. (MAPS) Stock Rating — Reduce (April 2026)

As of April 2026, WM TECHNOLOGY, INC. receives a Reduce rating with a composite score of 41.8/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.MAPS ranks #2,564 out of 4,446 stocks in our coverage universe. Within the Technology sector, WM TECHNOLOGY, INC. ranks #276 of 584 stocks, placing it in the upper half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

MAPS Stock Price and 52-Week Range

WM TECHNOLOGY, INC. (MAPS) currently trades at $0.39. The stock lost $0.02 (3.7%) in the most recent trading session. The 52-week high for MAPS is $1.37, which means the stock is currently trading -71.8% from its annual peak. The 52-week low is $0.63, putting the stock -38.7% above its annual trough. Recent trading volume was 4.9M shares, reflecting moderate market activity.

Is MAPS Overvalued or Undervalued? — Valuation Analysis

WM TECHNOLOGY, INC. (MAPS) carries a value factor score of 58/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 5.78x, compared to the Technology sector average of 45.27x — a discount of 87%. The price-to-book ratio stands at 0.60x, versus the sector average of 3.16x. The price-to-sales ratio is 0.44x, compared to 1.06x for the average Technology stock. On an enterprise value basis, MAPS trades at 3.13x EV/EBITDA, versus 12.79x for the sector.

Overall, MAPS's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

WM TECHNOLOGY, INC. Profitability — ROE, Margins, and Quality Score

WM TECHNOLOGY, INC. (MAPS) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 10.3%, compared to the Technology sector average of -1.4%, which is within a healthy range. Return on assets (ROA) comes in at 7.1% versus the sector average of -1.0%.

On a margin basis, WM TECHNOLOGY, INC. reports gross margins of 95.0%, compared to 50.9% for the sector. The operating margin is 6.5% (sector: -0.5%). Net profit margin stands at 7.6%, versus -1.5% for the average Technology stock. Revenue growth is running at -8.1% on a trailing basis, compared to 14.2% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

MAPS Debt, Balance Sheet, and Financial Health

WM TECHNOLOGY, INC. has a debt-to-equity ratio of 45.0%, compared to the Technology sector average of 43.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 2.34x, indicating strong short-term liquidity. Total debt on the balance sheet is $3M. Cash and equivalents stand at $63M.

MAPS has a beta of 0.88, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for WM TECHNOLOGY, INC. is 39/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

WM TECHNOLOGY, INC. Revenue and Earnings History — Quarterly Trend

In TTM 2026, WM TECHNOLOGY, INC. reported revenue of $178M. Net income for the quarter was $14M. Gross margin was 95.0%. Operating income came in at $12M.

In FY 2025, WM TECHNOLOGY, INC. reported revenue of $175M. Net income for the quarter was $3M. Gross margin was 94.9%. Revenue grew -5.3% year-over-year compared to FY 2024. Operating income came in at $766,000.

In Q3 2025, WM TECHNOLOGY, INC. reported revenue of $42M. Net income for the quarter was $4M. Gross margin was 95.0%. Revenue grew -9.4% year-over-year compared to Q3 2024. Operating income came in at $2M.

In Q2 2025, WM TECHNOLOGY, INC. reported revenue of $45M. Net income for the quarter was $2M. Gross margin was 94.9%. Revenue grew -2.3% year-over-year compared to Q2 2024. Operating income came in at $2M.

Over the past 8 quarters, WM TECHNOLOGY, INC. has demonstrated a growth trajectory, with revenue expanding from $46M to $178M. Investors analyzing MAPS stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

MAPS Dividend Yield and Income Analysis

WM TECHNOLOGY, INC. (MAPS) does not currently pay a dividend. This is common among smaller companies in the Computer Software industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.

MAPS Momentum and Technical Analysis Profile

WM TECHNOLOGY, INC. (MAPS) has a momentum factor score of 18/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 36/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 63/100 reflects moderate short selling activity.

MAPS vs Competitors — Technology Sector Ranking and Peer Comparison

Within the Technology sector, WM TECHNOLOGY, INC. (MAPS) ranks #276 out of 584 stocks based on the Blank Capital composite score. This places MAPS in the upper half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.

Comparing MAPS against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full MAPS vs S&P 500 (SPY) comparison to assess how WM TECHNOLOGY, INC. stacks up against the broader market across all factor dimensions.

MAPS Next Earnings Date

No upcoming earnings date has been announced for WM TECHNOLOGY, INC. (MAPS) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy MAPS? — Investment Thesis Summary

The quantitative profile for WM TECHNOLOGY, INC. suggests caution. Momentum is weak at 18/100, a headwind for near-term performance. High volatility (stability score 39/100) increases portfolio risk.

In summary, WM TECHNOLOGY, INC. (MAPS) earns a Reduce rating with a composite score of 41.8/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on MAPS stock.

Related Resources for MAPS Investors

Explore more research and tools: MAPS vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare MAPS head-to-head with peers: MAPS vs IHS, MAPS vs VRSN, MAPS vs ESE.