---
schema_version: "secwatch.filing_event.v1"
accession: "0001779474-24-000041"
form_type: "8-K"
ticker: "MAPS"
cik: "0001779474"
company_name: "WM TECHNOLOGY, INC."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:07:10.582143+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# WM Technology Q2 2024: Revenue $45.9M (-5% YoY), net income $1.2M; executive departures announced

## Summary
- Net revenues $45.9M, down 5% YoY; net income $1.2M vs $2.0M prior year.
- Adjusted EBITDA $10.1M; average monthly paying clients 5,045 vs 5,609 prior year.
- Cash increased to $41.3M from $34.4M at Dec 31, 2023.
- Director Fiona Tan resigns effective Sep 30, 2024; no disagreement with company.
- CTO Duncan Grazier separation: 9 months base salary plus 75% of 2024 target bonus, COBRA, RSU vesting acceleration.

## SEC filing metadata
- accession: 0001779474-24-000041
- form_type: 8-K
- ticker: MAPS
- cik: 0001779474
- company_name: WM TECHNOLOGY, INC.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1779474/000177947424000041/0001779474-24-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1779474/000177947424000041/maps-20240802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001779474-24-000041
- JSON: https://secwatch.observer/filing/0001779474-24-000041.json
- Plain text: https://secwatch.observer/filing/0001779474-24-000041.txt

## Key facts
- Executive change
  Duncan Grazier resigned as Chief Technology Officer at WM TECHNOLOGY, INC..
  - Action: resigned
  - Role: Chief Technology Officer
  source text: on July 17, 2024, Duncan Grazier, the Chief Technology Officer of the Company, tendered his resignation from his role as Chief Technology Officer, effective July 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1779474/000177947424000041/0001779474-24-000041-index.htm
- Executive change
  Fiona Tan resigned as Director at WM TECHNOLOGY, INC..
  - Action: resigned
  - Role: Director
  source text: On August 2, 2024 , Fiona Tan notified WM Technology, Inc. (the “Company”) of her decision to resign as a member of the Company’s board of directors (the “Board”), the Nominating and Corporate Governance Committee of the Board and the Technology Committee of the Board, of which she was the Chairperson, effective September 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1779474/000177947424000041/0001779474-24-000041-index.htm

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