secwatch.observer — SEC 8-K summary
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Issuer:     WM TECHNOLOGY, INC. (MAPS)
CIK:        0001779474
Form:       8-K
Filed at:   2026-08-06T20:44:04+00:00
Accession:  0001779474-26-000031
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WM Technology Q2 revenue $42.4M (-5% YoY); net income $2.9M, adj. EBITDA $5.0M
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- Revenue $42.4M vs $44.8M YoY; net income $2.9M vs $2.2M YoY.
- Adjusted EBITDA $5.0M vs $11.7M YoY; cash $60.5M, up from $59.0M.
- Average monthly paying clients 5,040, down from 5,241; revenue per client $2,807 vs $2,852.
- CEO cites industry margin compression and regulatory pressures; CFO notes disciplined expense management.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1779474/000177947426000031/0001779474-26-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1779474/000177947426000031/maps-20260806.htm
  HTML page:      https://secwatch.observer/filing/0001779474-26-000031

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