WM Technology (NASDAQ:MAPS) Posts Quarterly Earnings Results, Misses Estimates By $0.06 EPS

WM Technology (NASDAQ:MAPS) announced its quarterly earnings data on Thursday. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.06), FiscalAI reports. WM Technology had a net margin of 1.12% and a return on equity of 1.52%. The business had revenue of $43.07 million during the quarter, compared to analyst estimates of $42.00 million.

Here are the key takeaways from WM Technology’s conference call:

• Ended 2025 with $62 million in cash (about a 20% increase) and delivered $40 million adjusted EBITDA, with Q4 revenue and adjusted EBITDA coming in at the top/end of prior guidance despite tough industry conditions.
• Full‑year revenue declined to $175 million (≈5% YoY) and Q4 revenue was $43 million (down ~10% YoY); the company expects Q1 revenue to decline mid‑ to high‑single digits and will not provide adjusted EBITDA guidance for 2026.
• Management is prioritizing product investments to enable product‑first discovery and a more e‑commerce‑like shopping experience, citing early momentum in New York and expansion opportunities in new and regulatory‑captured markets.
• The company recorded a ~$7.8 million goodwill impairment, a $2.8 million legal settlement (and other non‑cash charges), and highlighted ongoing market consolidation, pricing compression, and illicit market competition that are pressuring client spend.

WM Technology Stock Performance

Shares of MAPS traded down $0.08 during midday trading on Friday, hitting $0.68. The company had a trading volume of 1,390,309 shares, compared to its average volume of 925,281. The company’s 50-day simple moving average is $0.76 and its 200-day simple moving average is $0.94. The firm has a market capitalization of $106.42 million, a P/E ratio of 33.86 and a beta of 1.20. WM Technology has a 1 year low of $0.63 and a 1 year high of $1.37.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut shares of WM Technology from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $2.61.

Insider Buying and Selling

In related news, CTO Sarah Griffis sold 271,032 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $0.68, for a total transaction of $184,301.76. Following the sale, the chief technology officer directly owned 1,528,968 shares in the company, valued at approximately $1,039,698.24. This represents a 15.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Brian Camire sold 101,209 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $0.68, for a total transaction of $68,822.12. Following the completion of the sale, the general counsel directly owned 1,741,653 shares in the company, valued at approximately $1,184,324.04. This trade represents a 5.49% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 475,260 shares of company stock worth $323,177. Company insiders own 23.64% of the company’s stock.

Institutional Investors Weigh In On WM Technology

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE grew its stake in shares of WM Technology by 54.9% during the third quarter. Bank of America Corp DE now owns 36,989 shares of the company’s stock worth $43,000 after purchasing an additional 13,116 shares in the last quarter. Barclays PLC raised its stake in WM Technology by 11.9% in the fourth quarter. Barclays PLC now owns 139,680 shares of the company’s stock valued at $115,000 after buying an additional 14,844 shares in the last quarter. Invesco Ltd. lifted its holdings in WM Technology by 43.8% during the 4th quarter. Invesco Ltd. now owns 57,105 shares of the company’s stock worth $47,000 after buying an additional 17,386 shares during the last quarter. Centiva Capital LP purchased a new stake in WM Technology during the 3rd quarter worth about $31,000. Finally, Virtu Financial LLC acquired a new position in shares of WM Technology during the 3rd quarter worth about $32,000. 22.02% of the stock is currently owned by institutional investors and hedge funds.

WM Technology Company Profile

WM Technology, Inc is a software-as-a-service provider that delivers cloud-based solutions to the wealth and asset management industry. The company’s platform is designed to support financial advisors, broker-dealers and registered investment advisors with digital investment advice, portfolio management, performance reporting and compliance monitoring.

WM Technology’s product suite includes tools for streamlined client onboarding, interactive financial planning, automated portfolio rebalancing and tax-aware investment strategies.