---
schema_version: "secwatch.filing_event.v1"
accession: "0001779474-23-000059"
form_type: "8-K"
ticker: "MAPS"
cik: "0001779474"
company_name: "WM TECHNOLOGY, INC."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:30:15.689885+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# WM Technology Q2 revenue $50.9M, net income $2.0M, appoints Moss Adams as auditor

## Summary
- Revenue $50.9M, down from $58.3M YoY; average monthly paying clients 5,609 vs 5,537.
- Net income $2.0M vs $19.8M YoY; adjusted EBITDA $10.2M vs ($0.6M) YoY.
- Cash $24.6M, no debt; basic EPS $0.01 on 92.9M weighted-average shares.
- Baker Tilly resigns as auditor due to staffing constraints; Audit Committee appoints Moss Adams as new independent registered public accounting firm.

## SEC filing metadata
- accession: 0001779474-23-000059
- form_type: 8-K
- ticker: MAPS
- cik: 0001779474
- company_name: WM TECHNOLOGY, INC.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1779474/000177947423000059/0001779474-23-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1779474/000177947423000059/maps-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001779474-23-000059
- JSON: https://secwatch.observer/filing/0001779474-23-000059.json
- Plain text: https://secwatch.observer/filing/0001779474-23-000059.txt

## Key facts
- Auditor Changes
  Baker Tilly US, LLP resigned as auditor of WM TECHNOLOGY, INC..
  - Action: resignation
  - Auditor: Baker Tilly US, LLP
  source text: On June 8, 2023, the Company was notified by Baker Tilly US, LLP (“Baker Tilly”), of its decision to resign as the independent registered public accounting firm of the Company due to staffing constraints within Baker Tilly. The resignation is effective immediately following the filing of the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1779474/000177947423000059/0001779474-23-000059-index.htm
- Auditor Changes
  WM TECHNOLOGY, INC. engaged Moss Adams LLP as its auditor.
  - Action: engagement
  - Auditor: Moss Adams LLP
  source text: On August 2, 2023, the Audit Committee of the Board of Directors of the Company approved the appointment of Moss Adams LLP ("Moss Adams") as the Company’s new independent registered public accounting firm for the fiscal year ending December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1779474/000177947423000059/0001779474-23-000059-index.htm
- Earnings Releases
  WM TECHNOLOGY, INC. reported second quarter ended June 30, 2023 results: revenue $50.9 million, net income $2.0 million, EPS $0.01.
  - Period: second quarter ended June 30, 2023
  - Revenue: $50.9 million
  - Net income: $2.0 million
  - EPS: $0.01
  - Result: reported results
  source text: WM Technology, Inc. Reports Second Quarter 2023 Financial Results Announces Second Quarter 2023 Financial Results with Revenue of $50.9 million, Net Income of $2.0 million and Adjusted EBITDA of $10.2 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1779474/000177947423000059/0001779474-23-000059-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.