WM Technology, Inc. (MAPSW) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	173.7M	174.7M	184.5M	188.0M	215.5M
Cost of Revenue	22.2M	22.2M	9.0M	12.5M	15.4M
Gross Profit	151.5M	152.5M	175.5M	175.5M	200.1M
Operating Expenses
R&D Expense	28.9M	28.1M	36.4M	36.0M	50.5M
SG&A Expense	116.8M	115.8M	111.0M	121.4M	203.4M
General & Admin Expense	76.5M	76.9M	70.6M	74.3M	120.8M
Selling & Marketing Expense	40.2M	38.9M	40.4M	47.1M	82.6M
Other Expenses	9.6M	(3.2M)	13.3M	36.5M	15.8M
Total Operating Expenses	155.2M	140.7M	160.7M	193.9M	269.7M
Cost and Expenses	167.6M	163.0M	169.8M	206.4M	285.2M
Operating Income (EBIT)	6.1M	11.7M	14.7M	(18.5M)	(69.6M)
Non-Operating
Interest Income	—	100.0K	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	100.0K	—	—	—
Other Non-Op Income/Expense	(3.5M)	(8.4M)	(2.5M)	2.8M	166.0M
Non-Operating Income (excl Interest)	(1.7M)	—	—	(24.4M)	(4.3M)
EBT (Pre-Tax Income)	2.6M	3.4M	12.2M	(15.6M)	96.4M
Income Tax Expense	116.0K	93.0K	46.0K	93.0K	179.1M
Bottom Line
Net Income	1.5M	2.0M	7.6M	(9.9M)	(116.0M)
Earnings from Cont. Ops	1.9M	3.3M	12.2M	(15.7M)	(82.7M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	1.5M	2.0M	7.6M	(9.9M)	(116.0M)
Per Share
Basic EPS	$0.01	$0.02	$0.08	($0.11)	($1.36)
Diluted EPS	$0.01	$0.02	$0.08	($0.11)	($1.36)
Revenue Per Share	$1.57	$1.64	$1.92	$2.02	$2.53
Shares
Basic Shares Outstanding	110.6M	106.6M	96.3M	93.2M	85.0M
Diluted Shares Outstanding	110.8M	108.2M	97.1M	93.2M	85.0M
Profitability Metrics
EBITDA	23.2M	27.6M	31.8M	23.0M	(49.2M)
D&A	14.4M	15.9M	17.0M	17.1M	16.2M
EBIT	7.6M	11.7M	14.7M	5.9M	(65.3M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026