WM Technology Q3 2023 revenue $47.7M (-5.5% YoY); net loss narrows to $2.5M, Adj EBITDA $10.7M

WM TECHNOLOGY, INC.

Revenue $47.7M vs $50.5M YoY; average paying clients 5,414 (‑162 YoY), ARPU $2,938 (‑$81).
Net loss $2.5M (‑$0.02 EPS) vs loss of $10.5M (‑$0.11) in prior year; adjusted EBITDA $10.7M vs –$9.6M.
Cash $27.7M, zero debt; total shares outstanding 149.4M (Class A + Class V).
Management cites operational efficiency and disciplined execution in constrained cannabis end markets.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

WM TECHNOLOGY, INC. reported the third quarter ended September 30, 2023 results: revenue $47.7 million, net income Net loss of $2.5 million, EPS $0.02.

Period: the third quarter ended September 30, 2023
Revenue: $47.7 million
Net income: Net loss of $2.5 million
EPS: $0.02
Result: reported results

Exact text from the filing

WM Technology, Inc. Reports Third Quarter 2023 Financial Results Announces Third Quarter 2023 Financial Results with Revenue of $47.7 million, Net Loss of $2.5 million and Adjusted EBITDA of $10.7 million

View on SEC.gov

Browse all earnings releases →

WM TECHNOLOGY, INC. filing history →

Source: SEC EDGAR

accession 0001779474-23-000075

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.