WM Technology Inc (STU:833)

Q2 2025 WM Technology Inc Earnings Call Transcript

Aug 7, 2025 / 09:00 PM GMT

Release Date Price: €0.8 (-1.23%)

Transcript 10-Q8-K

Key Points

Positve

WM Technology Inc (MAPS) achieved its 11th consecutive quarter of adjusted EBITDA profitability and 8th consecutive quarter of positive cash flow.
The company increased its average monthly paying clients by 4% to 5,241, driven by new client acquisition in emerging markets like New York and Ohio.
WM Technology Inc (MAPS) ended the quarter with $59 million in cash, marking its 8th consecutive quarter of cash growth, and continues to operate with no debt.
The company is expanding its AI and ML teams to enhance product data standardization, aiming to become the key data set for the cannabis industry.
WM Technology Inc (MAPS) is launching new products, including an online head shop called Hetty, and expanding premium placement opportunities for brands, which show promising results for future revenue generation.

Negative

Revenue for the second quarter declined by 2% year-over-year, primarily due to lower revenue from featured and deal listings products.
Average monthly revenue per paying client decreased by 6% to $2,852, reflecting reduced spend from existing clients in mature markets and lower initial spend levels from new clients.
The company faces ongoing market headwinds, including increased excise taxes in California and regulatory challenges in Michigan and other states.
General and administrative expenses increased by approximately $2.2 million due to a one-time non-cash loss contingency related to a contractual purchase obligation.
The financial outlook for the third quarter anticipates continued revenue softness, with expected revenue between $41 million to $43 million, reflecting ongoing market volatility.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MAPS.OQ - WM Technology Inc
Q2 2025 WM Technology Inc Earnings Call
Aug 07, 2025 / 09:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Thank you for standing by and welcome to WM Technology Inc. 2nd quarter 2025 earnings call. All participants will be in a listen-only mode. I would not like to turn the call over to your host, Simon Yel, director of investor relations. You may begin.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Good afternoon and thank you for joining us to discuss our second quarter 2025 results.

Today we are joined by our CEO Doug Francis and our CFO, Susan Eckert.

By now everyone should have access to our earnings announcement and supporting slide deck on our investor relations

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.