Company research
WM TECHNOLOGY, INC.
CIK 1779474Updated Sep 24, 2026
SecurityMAPS · OTC · equity
Name history
Silver Spike Acquisition Corp. · through Jun 21, 2021
MAPS price & chart
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OTC:MAPS on TradingView ↗In the news
Recent filings
4 filing
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Submission of Matters to a Vote of Security Holders
Items 5.07
4 filing
Show 5 more recent filings
Other Events
Items 8.01, 9.01
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
ARS filing
DEFA14A filing
Financials
FY 2025 · USDSource
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Source
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 190,667,000Source | 181,866,000Source | 167,021,000Source | 199,035,000Source |
| Property, Plant and Equipment, NetUSD | 24,986,000Source | 24,075,000Source | 24,255,000Source | 24,928,000Source |
| GoodwillUSD | 61,274,000Source | 68,368,000Source | 68,368,000Source | 68,368,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 1,510,000Source | 1,952,000Source | 2,507,000Source | 10,339,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 62,401,000Source | — | — | — |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 14,619,000Source | 10,060,000Source | 11,158,000Source | 17,438,000Source |
| Assets, CurrentUSD | 84,920,000Source | 69,512,000Source | 51,486,000Source | 54,983,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 7,900,000Source | 7,486,000Source | 5,978,000Source | 8,962,000Source |
| Operating Lease, Right-of-Use AssetUSD | 12,219,000Source | 14,695,000Source | 15,629,000Source | 31,447,000Source |
| Other Assets, NoncurrentUSD | 5,758,000Source | 3,264,000Source | 4,776,000Source | 8,970,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 58,867,000Source | 61,799,000Source | 63,870,000Source | 84,258,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Additional Paid in CapitalUSD | 112,076,000Source | 92,941,000Source | 80,884,000Source | 67,986,000Source |
| Retained Earnings (Accumulated Deficit)USD | -54,917,000Source | -56,879,000Source | -64,518,000Source | -54,620,000Source |
| Stockholders' Equity Attributable to ParentUSD | 57,175,000Source | 36,077,000Source | 16,380,000Source | 13,380,000Source |
| Liabilities and EquityUSD | 190,667,000Source | 181,866,000Source | 167,021,000Source | 199,035,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 36,236,000Source | 30,433,000Source | 33,715,000Source | 46,323,000Source |
| Operating Lease, Liability, CurrentUSD | 3,922,000Source | 3,492,000Source | 6,493,000Source | 6,334,000Source |
| Accounts Payable, CurrentUSD | 12,999,000Source | — | — | 4,341,000Source |
| Operating Lease, Liability, NoncurrentUSD | 22,631,000Source | 26,601,000Source | 26,550,000Source | 33,043,000Source |
| Other Liabilities, NoncurrentUSD | 0Source | 1,174,000Source | 1,386,000Source | 2,302,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 74,625,000Source | 83,990,000Source | 86,771,000Source | 101,397,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 3,263,000Source | 12,187,000Source | -15,727,000Source | -82,651,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 13,394,000Source | 13,278,000Source | 12,133,000Source | 11,498,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 7,776,000Source | 9,221,000Source | 13,515,000Source | 23,493,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 8,936,000Source | -1,060,000Source | -4,488,000Source | 16,270,000Source |
| Deferred Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 179,418,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 26,188,000Source | 36,676,000Source | 22,928,000Source | -11,621,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | 0Source | 713,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -12,685,000Source | -11,637,000Source | -11,871,000Source | -17,768,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | 16,055,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 3,000Source | 4,000Source | 6,000Source | 13,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -3,068,000Source | -7,423,000Source | -5,290,000Source | -9,805,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 10,435,000Source | 17,616,000Source | 5,767,000Source | -39,194,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 62,401,000Source | 51,966,000Source | 34,350,000Source | 28,583,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 149,000Source | 52,000Source | 38,000Source | -94,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 7,776,000Source | 9,221,000Source | 13,515,000Source | 23,493,000Source |
| Amortization of Intangible AssetsUSD | 600,000Source | 600,000Source | 7,800,000Source | 2,700,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | 0Source | 3,500,000Source | 3,000,000Source |
| Gain (Loss) on Termination of LeaseUSD | 0Source | 109,000Source | — | — |
| General and Administrative ExpenseUSD | 76,929,000Source | 70,619,000Source | 74,313,000Source | 125,104,000Source |
| GoodwillUSD | 61,274,000Source | 68,368,000Source | 68,368,000Source | 68,368,000Source |
| Goodwill, Impairment LossUSD | 7,094,000Source | 0Source | 0Source | — |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 0Source | 0Source | 6,100,000Source | — |
| Income Tax Expense (Benefit)USD | 93,000Source | 46,000Source | 93,000Source | 179,077,000Source |
| Net Income (Loss) Attributable to ParentUSD | 1,962,000Source | 7,639,000Source | -9,898,000Source | -115,989,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 1,301,000Source | 4,548,000Source | -5,829,000Source | 33,338,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,962,000Source | 7,639,000Source | -9,898,000Source | -115,989,000Source |
| Operating Lease, Impairment LossUSD | 0Source | 0Source | 10,900,000Source | 600,000Source |
| Other Nonoperating Income (Expense)USD | 1,867,000Source | 258,000Source | 2,574,000Source | -1,674,000Source |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | 8,487,000Source | 10,287,000Source | 14,901,000Source | 25,160,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 174,704,000Source | 184,514,000Source | 187,993,000Source | 215,531,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Operating Income (Loss)USD | 766,000Source | 14,748,000Source | -18,457,000Source | -69,622,000Source |
| Other Nonoperating Income (Expense)USD | 1,867,000Source | 258,000Source | 2,574,000Source | -1,674,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 3,356,000Source | 12,233,000Source | -15,634,000Source | 96,426,000Source |
| Income Tax Expense (Benefit)USD | 93,000Source | 46,000Source | 93,000Source | 179,077,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 1,301,000Source | 4,548,000Source | -5,829,000Source | 33,338,000Source |
| Net Income (Loss) Attributable to ParentUSD | 1,962,000Source | 7,639,000Source | -9,898,000Source | -115,989,000Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 106,572,365Source | 96,254,679Source | 93,244,911Source | 85,027,120Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 108,217,313Source | 97,103,304Source | 93,244,911Source | 85,027,120Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 600,000Source | 600,000Source | 7,800,000Source | 2,700,000Source |
| Costs and ExpensesUSD | 173,938,000Source | 169,766,000Source | 206,450,000Source | 285,153,000Source |
| Current Income Tax Expense (Benefit)USD | 93,000Source | 46,000Source | 93,000Source | -341,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 13,394,000Source | 13,278,000Source | — | 11,498,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | 0Source | 3,500,000Source | 3,000,000Source |
| General and Administrative ExpenseUSD | 76,929,000Source | 70,619,000Source | 74,313,000Source | 125,104,000Source |
| Goodwill, Impairment LossUSD | 7,094,000Source | 0Source | 0Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 3,338,000Source | 12,279,000Source | -15,582,000Source | 97,639,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,962,000Source | 7,639,000Source | -9,898,000Source | -115,989,000Source |
| Research and Development ExpenseUSD | 28,136,000Source | 36,426,000Source | 36,001,000Source | 50,520,000Source |
| Selling and Marketing ExpenseUSD | 38,869,000Source | 40,424,000Source | 47,073,000Source | 82,624,000Source |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | 8,487,000Source | 10,287,000Source | 14,901,000Source | 25,160,000Source |