secwatch.observer — SEC 8-K summary
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Issuer:     WM TECHNOLOGY, INC. (MAPS)
CIK:        0001779474
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001779474-23-000059
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1779474/000177947423000059/0001779474-23-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1779474/000177947423000059/maps-20230802.htm
  HTML page:      https://secwatch.observer/filing/0001779474-23-000059

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer