MAPS
MAPS 1-star rating from Upturn Advisory

WM Technology Inc (MAPS)

WM Technology Inc (MAPS) 1-star rating from Upturn Advisory
$1.02
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Upturn Stock price based on last close icon Stock price based on last close
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Upturn Advisory Summary

11/05/2025: MAPS (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $2.61

1 Year Target Price $2.61

Analysts Price Target For last 52 week
$2.61 Target price
52w Low $0.71
Current$1.02
52w High $1.65

Analysis of Past Performance

Type Stock
Historic Profit -25.27%
Avg. Invested days 43
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 174.44M USD
Price to earnings Ratio 11.33
1Y Target Price 2.61
Price to earnings Ratio 11.33
1Y Target Price 2.61
Volume (30-day avg) 1
Beta 1.16
52 Weeks Range 0.71 - 1.65
Updated Date 11/5/2025
52 Weeks Range 0.71 - 1.65
Updated Date 11/5/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.09

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-11-05
When -
Estimate 0.035
Actual -

Profitability

Profit Margin 4.77%
Operating Margin (TTM) -0.79%

Management Effectiveness

Return on Assets (TTM) 4.54%
Return on Equity (TTM) 11.54%

Valuation

Trailing PE 11.33
Forward PE 84.75
Enterprise Value 97770588
Price to Sales(TTM) 0.95
Enterprise Value 97770588
Price to Sales(TTM) 0.95
Enterprise Value to Revenue 0.53
Enterprise Value to EBITDA 3.16
Shares Outstanding 107897133
Shares Floating 94778540
Shares Outstanding 107897133
Shares Floating 94778540
Percent Insiders 19.99
Percent Institutions 45.54

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

WM Technology Inc

WM Technology Inc(MAPS) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

WM Technology, Inc. (formerly Weedmaps) was founded in 2008. It started as a platform to connect cannabis consumers with retailers and brands. Over time, it evolved into a comprehensive technology and software infrastructure provider for the cannabis industry.

Company business area logo Core Business Areas

  • WM Business: A suite of software solutions for cannabis retailers and brands, including point-of-sale, inventory management, delivery management, and compliance tools.
  • WM Ads: Advertising solutions that allow cannabis businesses to reach consumers through the Weedmaps marketplace.
  • Weedmaps Marketplace: A platform where consumers can discover cannabis products, retailers, and brands. Includes listings, reviews, and online ordering capabilities.

leadership logo Leadership and Structure

Chris Beals serves as the CEO. The company has a board of directors overseeing strategic direction and corporate governance.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Weedmaps Marketplace: An online marketplace connecting cannabis consumers with retailers and brands. Weedmaps has a substantial user base, however, market share data is fragmented across states due to varying regulations. Competitors include Leafly (LFLY) and Jane Technologies.
  • WM Business SaaS Solutions: A suite of software solutions for cannabis retailers and brands, including point-of-sale (POS), inventory management, and delivery management. Revenue from these solutions is growing, and the competitors are Dutchie, Flowhub, and Treez.

Market Dynamics

industry overview logo Industry Overview

The cannabis industry is experiencing rapid growth and increasing legalization across the United States. This creates both opportunities and challenges for companies like WM Technology.

Positioning

WM Technology is a leading technology and software infrastructure provider for the cannabis industry, leveraging its established brand recognition and early mover advantage.

Total Addressable Market (TAM)

The legal cannabis market is projected to reach hundreds of billions of dollars. WM Technology is positioned to capture a portion of this TAM through its software and marketplace offerings.

Upturn SWOT Analysis

Strengths

  • Established brand recognition in the cannabis industry
  • Comprehensive suite of software and marketplace solutions
  • Extensive network of cannabis retailers and brands
  • Data-driven insights and analytics

Weaknesses

  • Dependence on the legal cannabis market and regulatory landscape
  • Intense competition from other technology providers
  • Negative perception associated with cannabis use
  • History of regulatory scrutiny and legal challenges

Opportunities

  • Expanding legalization of cannabis in new states and countries
  • Increasing adoption of technology by cannabis businesses
  • Development of new and innovative software solutions
  • Partnerships and integrations with other cannabis industry players

Threats

  • Changing regulations and laws regarding cannabis
  • Increased competition from new entrants and established players
  • Economic downturns and decreased consumer spending
  • Cybersecurity risks and data breaches

Competitors and Market Share

Key competitor logo Key Competitors

  • LFLY
  • HIPO
  • Private companies such as Dutchie, Flowhub, Jane Technologies, and Treez

Competitive Landscape

WM Technology has advantages in brand recognition and a broad suite of services. Disadvantages include competition, and negative connotations.

Major Acquisitions

Sprout

  • Year: 2018
  • Acquisition Price (USD millions): 24
  • Strategic Rationale: Acquired Sprout to integrate its customer relationship management (CRM) and marketing automation tools into WM Business.

Growth Trajectory and Initiatives

Historical Growth: WM Technology has experienced significant revenue growth in the past, driven by the expansion of the legal cannabis market and increasing adoption of its software solutions.

Future Projections: Analyst projections for WM Technology's future growth vary, but most expect continued growth as the legal cannabis market expands. Please refer to financial analysis websites for specific analyst estimates.

Recent Initiatives: Recent initiatives undertaken by WM Technology include expanding its software offerings, investing in new technologies, and forming strategic partnerships.

Summary

WM Technology operates in a high-growth industry and holds a significant market position with its technology platform. Regulatory risks and intense competition pose challenges, but the company continues to evolve its offerings and expand its footprint. Its established brand, growing software solutions, and strategic initiatives position it for future expansion. Investors should closely monitor the regulatory environment, competitive dynamics, and customer adoption of its products. While profitable, the stock is still volatile and should be handled with care.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company filings (SEC)
  • Financial news websites
  • Industry reports

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About WM Technology Inc

Exchange NASDAQ
Headquaters Irvine, CA, United States
IPO Launch date 2019-10-01
Co-Founder, CEO & Director Mr. Douglas Francis
Sector Technology
Industry Software - Application
Full time employees 440
Full time employees 440

WM Technology, Inc., an online cannabis marketplace, provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and education and learning information to help newer consumers learn about the types of products to purchase. It also provides monthly subscription-based business software solutions, including WM Listings, WM Orders, WM Store, WM Connectors, and WM Insights as well as other add-on products, such as WM Ads and WM Dispatch. WM Technology, Inc. was founded in 2008 and is headquartered in Irvine, California.