---
schema_version: "secwatch.filing_event.v1"
accession: "0001779474-25-000034"
form_type: "8-K"
ticker: "MAPS"
cik: "0001779474"
company_name: "WM TECHNOLOGY, INC."
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T18:02:01.177529+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# WM Technology Q2 revenue slips to $44.8M but net income rises 81% to $2.2M; cash grows to $59M

## Summary
- Revenue $44.8M (down 2.4% YoY); net income $2.2M vs $1.2M (+81%); Adjusted EBITDA $11.7M (+16% YoY).
- Average monthly paying clients 5,241 (+3.9% YoY); avg revenue per paying client $2,852 (-6% YoY).
- Cash increased to $59.0M as of June 30, 2025, from $52.0M at Dec 31, 2024; no debt on balance sheet.
- CEO cites challenging industry environment but progress in emerging markets; CFO emphasizes strong financial position.

## SEC filing metadata
- accession: 0001779474-25-000034
- form_type: 8-K
- ticker: MAPS
- cik: 0001779474
- company_name: WM TECHNOLOGY, INC.
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1779474/000177947425000034/0001779474-25-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1779474/000177947425000034/maps-20250807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001779474-25-000034
- JSON: https://secwatch.observer/filing/0001779474-25-000034.json
- Plain text: https://secwatch.observer/filing/0001779474-25-000034.txt

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