---
schema_version: "secwatch.filing_event.v1"
accession: "0001779474-24-000006"
form_type: "8-K"
ticker: "MAPS"
cik: "0001779474"
company_name: "WM TECHNOLOGY, INC."
filed_at: "2024-04-02T23:59:59+00:00"
generated_at: "2026-06-04T03:42:55.713361+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# WM Tech prelim FY2023 rev $185-195M; delays 10-K on material weaknesses

## Summary
- Prelim FY2023 revenue $185-195M; adjusted EBITDA $33-37M.
- Cash $34M at Dec 31, 2023, up ~20% from $28.6M.
- Delays 2023 10-K filing due to finance leadership change and expected material weaknesses.
- Material weaknesses in internal controls: control environment, risk assessment, and IT controls.
- Executive Chair notes industry headwinds but positive trends in cannabis legalization.

## SEC filing metadata
- accession: 0001779474-24-000006
- form_type: 8-K
- ticker: MAPS
- cik: 0001779474
- company_name: WM TECHNOLOGY, INC.
- filed_at: 2024-04-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1779474/000177947424000006/0001779474-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1779474/000177947424000006/maps-20240401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001779474-24-000006
- JSON: https://secwatch.observer/filing/0001779474-24-000006.json
- Plain text: https://secwatch.observer/filing/0001779474-24-000006.txt

## Key facts
- Earnings Releases
  WM TECHNOLOGY, INC. reported full year 2023 results: revenue $185 million to $195 million.
  - Period: full year 2023
  - Revenue: $185 million to $195 million
  - Result: preliminary results
  source text: preliminary unaudited and unreviewed financial results for the year-end 2023: Year-End 2023 Financial Highlights: • Revenue is expected to be in the range of approximately $185 million to $195 million. • Adjusted EBITDA is expected to be in the range of approximately $33 million to $37 million. • Cash totaled approximately $34 million as of December 31, 2023,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1779474/000177947424000006/0001779474-24-000006-index.htm

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