Highest-materiality recent filing
WM Technology Q2 revenue $42.4M (-5% YoY); net income $2.9M, adj. EBITDA $5.0M
Revenue $42.4M vs $44.8M YoY; net income $2.9M vs $2.2M YoY.
WM Technology Q1 revenue $43.6M, net income $1.7M; guides Q2 down low-single digit sequentially
Revenue $43.6M vs $44.6M YoY; net income $1.7M (down from $2.5M); Adjusted EBITDA $5.9M (down from $10.1M).
WM Technology reports preliminary Q1 revenue $42-44M, Adjusted EBITDA $5-7M
Preliminary Q1 2026 revenue expected between $42M and $44M.
WM Technology (MAPS) voluntarily delists from Nasdaq; last trading day on or about April 24, 2026
Will file Form 25 on or about April 17, 2026; securities expected to be quoted on OTC Markets, but no guarantee of market making.
WM Technology Q4 revenue $43.1M (-9.6% YoY); net loss $5.0M; appoints Nick Rellas to board
Q4 revenue $43.1M, down from $47.7M YoY; avg monthly paying clients 5,120 (down 2% from 5,225).
Nasdaq notifies WM Technology of non-compliance: bid price below $1.00 for 30 days
Received Nasdaq notice on Feb 4, 2026; common stock closing bid price <$1.00 for 30 consecutive business days.
WM Technology appoints Harry DeMott and Brent Cox to board; CFO Echard becomes employee
Appointed Harry DeMott and Brent Cox as Class II independent directors effective Feb 1, 2026; each receives $400K RSU grant vesting over 3 years.
WM Technology Q2 revenue slips to $44.8M but net income rises 81% to $2.2M; cash grows to $59M
Revenue $44.8M (down 2.4% YoY); net income $2.2M vs $1.2M (+81%); Adjusted EBITDA $11.7M (+16% YoY).
WM Technology co-founders withdraw $1.70/share take-private bid, may submit alternative
Douglas Francis and Justin Hartfield withdrew non-binding proposal dated Dec 17, 2024, to acquire all outstanding shares for $1.70 per share.
WM Technology Q1 net income up 27% to $2.5M; guides Q2 revenue ~$45M
Revenue $44.6M vs $44.4M YoY; net income $2.5M vs $2.0M (+27%).
WM Technology Q4 revenue $47.7M, net income turns positive; full year net income $12.2M
Q4 revenue $47.7M vs $46.5M prior year; net income $3.7M vs loss of $11.2M.
WM Technology receives $1.70/share take-private proposal from co-founders
Co-founders Doug Francis and Justin Hartfield propose to acquire all outstanding shares not owned by them for $1.70 per share.
WM Technology appoints Sarah Griffis as CTO; regains Nasdaq bid price compliance
Appointed Sarah Griffis as CTO effective Jan 6, 2025; previously CTO at Cerebral, Director of Engineering at GoodRx.
WM Technology posts Q3 net income $5.3M, up 312% YoY; names Doug Francis CEO
Net income of $5.3M up 312% YoY from net loss of $2.5M; revenue $46.6M flat YoY.
WM Technology receives Nasdaq deficiency notice for bid price below $1.00
Nasdaq notice on Oct 9, 2024, for 30 consecutive business days of closing bid price below $1.00 per share.
WM Technology Q2 2024: Revenue $45.9M (-5% YoY), net income $1.2M; executive departures announced
Net revenues $45.9M, down 5% YoY; net income $1.2M vs $2.0M prior year.
WM Technology agrees to settle SEC investigation over MAU metric, pay $1.5M penalty
SEC staff investigation focused on calculation and reporting of monthly active users (MAUs) previously disclosed.
WM Technology regains Nasdaq compliance after filing delayed 10-K and Q1 10-Q
Received Compliance Notice from Nasdaq on May 29, 2024, confirming compliance with Listing Rule 5250(c)(1).
Non-reliance on Q1, Q2, Q3 2023 financials; revenue overstated by $1.6M, $4.0M, $5.1M respectively with no impact to operating or net income.
WM Technology receives Nasdaq delinquency notice for delayed 10-Q and 10-K filings
Received Nasdaq notice on May 14, 2024 for non-compliance with Listing Rule 5250(c)(1) due to late 10-Q (Q1 2024) and continued delay of 10-K (FY2023).
Received Nasdaq notice on April 2 for failure to timely file 10-K (FY2023); must submit compliance plan by June 3.
WM Tech prelim FY2023 rev $185-195M; delays 10-K on material weaknesses
Prelim FY2023 revenue $185-195M; adjusted EBITDA $33-37M.
WM Technology receives Nasdaq deficiency notice for bid price below $1.00
Nasdaq notified WM Technology on Dec 29, 2023 that its common stock bid price was below $1.00 for 30 consecutive days.
WM Technology Q3 2023 revenue $47.7M (-5.5% YoY); net loss narrows to $2.5M, Adj EBITDA $10.7M
Revenue $47.7M vs $50.5M YoY; average paying clients 5,414 (‑162 YoY), ARPU $2,938 (‑$81).
WM Technology Q2 revenue $50.9M, net income $2.0M, appoints Moss Adams as auditor
Revenue $50.9M, down from $58.3M YoY; average monthly paying clients 5,609 vs 5,537.
WM Technology CFO Arden Lee resigns effective July 14, 2023
Arden Lee resigns as CFO effective July 14, 2023, to pursue another business opportunity.
Baker Tilly notified WM Technology on June 8, 2023 of its resignation, effective after filing Q2 2023 10-Q.
WM Technology Q1 revenue $48.0M, adjusted EBITDA $7.1M, net loss narrows to $4.0M
Revenue of $48.0M, down 16.5% from $57.5M in Q1 2022, reflecting lower average revenue per client.
WM Technology receives Nasdaq deficiency notice for bid price below $1.00
Nasdaq notified on Apr 19, 2023 that MAPS closing bid was below $1.00 for 30 consecutive days.
WM Technology Q4 revenue $49.3M, net loss $60.8M; FY22 revenue $215.5M
Q4 revenue $49.3M (-9% YoY); net loss $60.8M vs net income $78.4M in Q4 2021.
WM Technology COO Juanjo Feijoo resigns effective Dec 31, 2022; enters separation agreement
COO Juanjo Feijoo resigned, effective December 31, 2022, and entered separation agreement on January 5, 2023.
On November 7, 2024, the Board approved the appointment of Douglas Francis, age 47, to serve as Chief Executive Officer of the Company, effective as of November 7, 2024.
On November 7, 2024, the Board approved the appointment of Ms. Echard as the Company’s permanent Chief Financial Officer.
the Board appointed Glen Ibbott to fill an existing vacancy on the Board and to serve on the Board as a Class I director
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.
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.
On July 17, 2024, Duncan Grazier, the Chief Technology Officer of WM Technology, Inc., a Delaware corporation (the “Company”), tendered his resignation from his role as Chief Technology Officer, effective July 31, 2024.
On March 01, 2024, the Board of Directors of the Company appointed Susan Echard, age 59, as interim CFO, to replace Ms. Hoitt, effective as of February 26, 2024, until a permanent CFO is identified.
On February 26, 2024, SeatonHill informed the Company that it was removing Ms. Hoitt as the CFO Partner (as defined in the Executive Services Agreement) under the Executive Services Agreement and replacing her with Susan Echard, a partner at SeatonHill, effective immediately.
On August 9, 2023, Justin R. Hartfield notified WM Technology, Inc. (the “Company”) of his decision to resign as a member of the Company’s board of directors (the “Board”), and the Technology Committee of the Board, effective immediately.
appointed Mary Hoitt as interim Chief Financial Officer (“CFO”), effective as of July 17, 2023
On June 30, 2023, Arden Lee, the Chief Financial Officer of WM Technology, Inc. (the “Company”), tendered his resignation from his role as Chief Financial Officer, effective July 14, 2023.
On December 29, 2022, Juanjo Feijoo, the Company’s Chief Operating Officer, tendered his resignation from his role as Chief Operating Officer, effective December 31, 2022.
Max materiality 0.90 · Median 0.62 · Most common event earnings