MAPS (WM Technology) Research & Development: $28.9 Mil (TTM As of Mar. 2026)


MAPS WM Technology Inc MAPS
49 GF Score
Price $0.38
GF Value $0.81
Valuation Possible Value Trap
! 2 Warning Signs
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What is WM Technology Research & Development?

WM Technology MAPS -2.00% 49 Research & Development is $28.9 Mil as of Mar. 2026. GuruFocus rates MAPS with a GF Score™ of 49/100 and a GF Value™ of $0.81 (Possible Value Trap). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. WM Technology's Research & Development for the three months ended in Mar. 2026 was $8.7 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $28.9 Mil.

WM Technology  (OTCPK:MAPS) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

WM Technology Research & Development Related Terms

WM Technology Research & Development Historical Data

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The historical data trend for WM Technology's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

WM Technology Research & Development Chart

WM Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 35.40 50.52 36.00 36.43 28.14

WM Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.72 7.53 6.41 6.19 8.73
MAPS
49GF Score
WM Technology Inc MAPS
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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WM Technology Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $28.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $28.9 Mil mean?
WM Technology (MAPS) has a Research & Development of $28.9 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on WM Technology and its competitors.
Is WM Technology's Research & Development too high?
WM Technology's current Research & Development is $28.9 Mil. Overall, WM Technology has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WM Technology's Research & Development compare to ATHR and PHUN?
WM Technology's Research & Development of $28.9 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on WM Technology and its competitors. WM Technology's current Research & Development is $28.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WM Technology stock overvalued right now?
Based on GuruFocus' analysis, WM Technology (MAPS) is currently considered Possible Value Trap. The stock's GF Value™ is $0.81, compared to a current price of $0.38 — trading 52.8% below its estimated fair value. The current Research & Development is $28.9 Mil. WM Technology's overall GF Score™ is 49/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For WM Technology (MAPS), the current Research & Development is $28.9 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is WM Technology (MAPS) Overvalued in 2026?

Based on GuruFocus' analysis, WM Technology stock appears to be undervalued. The current stock price of $0.38 is trading 52.8% below its estimated GF Value™ of $0.81. GuruFocus considers WM Technology to be Possible Value Trap.

Key valuation signals for MAPS:

  • Research & Development: $28.9 Mil
  • GF Value™: $0.81 vs. price of $0.38 (52.8% below fair value)
  • GF Score™: 49/100 with 2 warning signs

No single metric tells the full story. See the MAPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

WM Technology Business Description

Other Exchanges 833:Germany
Address 41 Discovery, Irvine, CA, USA, 92618
WM Technology Inc operates an online cannabis marketplace for consumers, together with a comprehensive set of e-commerce and compliance software solutions for cannabis businesses, which are sold to both storefront locations and delivery operators (retailers) and brands in the legalized cannabis markets in states and territories of the United States. Its comprehensive business-to-consumer and business-to-business suite of products affords cannabis retailers and brands of all sizes integrated tools to compliantly run their businesses and to reach, convert, and retain consumers.
49GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.38
Price
$0.81
GF Value