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MAPS
Upturn stock ratingUpturn stock rating

WM Technology Inc (MAPS)

Upturn stock ratingUpturn stock rating
$1.24
Last Close (24-hour delay)
Profit since last BUY-2.36%
upturn advisory
Consider higher Upturn Star rating
BUY since 13 days
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

08/29/2025: MAPS (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

rating

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 $0.7
Current$1.24
52w High $1.65

Analysis of Past Performance

Type Stock
Historic Profit -19.42%
Avg. Invested days 38
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/29/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 206.93M USD
Price to earnings Ratio 13.78
1Y Target Price 2.61
Price to earnings Ratio 13.78
1Y Target Price 2.61
Volume (30-day avg) 1
Beta 1.03
52 Weeks Range 0.70 - 1.65
Updated Date 08/30/2025
52 Weeks Range 0.70 - 1.65
Updated Date 08/30/2025
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 2025-08-06
When Before Market
Estimate 0.03
Actual 0.01

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 13.78
Forward PE 84.75
Enterprise Value 103165444
Price to Sales(TTM) 1.13
Enterprise Value 103165444
Price to Sales(TTM) 1.13
Enterprise Value to Revenue 0.56
Enterprise Value to EBITDA 3.33
Shares Outstanding 107897000
Shares Floating 94778540
Shares Outstanding 107897000
Shares Floating 94778540
Percent Insiders 20.11
Percent Institutions 45.15

ai summary icon Upturn AI SWOT

WM Technology Inc

stock logo

Company Overview

overview logo History and Background

WM Technology, Inc., formerly Weedmaps, was founded in 2008. It started as an online platform for cannabis consumers to find information about cannabis strains and local dispensaries. Over time, it evolved into a comprehensive technology and software infrastructure provider for the cannabis industry.

business area logo Core Business Areas

  • WM Business: Provides subscription-based software solutions for cannabis retailers, including point-of-sale systems, inventory management tools, and e-commerce platforms.
  • WM Ads: Offers advertising solutions that connect cannabis businesses with consumers through the Weedmaps marketplace.
  • WM Exchange: A wholesale marketplace, allowing for business to business purchases of bulk cannabis products

leadership logo Leadership and Structure

Chris Beals is the CEO. The organizational structure is typical of a technology company, with departments focused on engineering, product development, marketing, sales, and operations.

Top Products and Market Share

overview logo Key Offerings

  • Weedmaps Marketplace: A platform connecting consumers with cannabis retailers. Market share is estimated around 25% of cannabis discovery platforms. Competitors include Leafly (LFLY) and Jane Technologies.
  • WM Business Software Suite: A suite of software tools for cannabis retailers to manage their businesses. Revenue from this is proprietary. Competitors include Flowhub and Greenbits.
  • Weedmaps Ads: Online ad platform. Revenue is proprietary. Competitors include Leafly advertising.

Market Dynamics

industry overview logo Industry Overview

The cannabis industry is rapidly growing but faces regulatory uncertainty and varying state laws. The market is highly fragmented, with many small businesses and increasing consolidation.

Positioning

WM Technology aims to be the leading technology platform for the cannabis industry. It holds a strong position in connecting consumers and retailers, but faces competition in software solutions.

Total Addressable Market (TAM)

The global legal cannabis market is expected to reach hundreds of billions of dollars by the end of the decade. WM Technology's TAM is in the tens of billions, encompassing software, advertising, and marketplace services for legal cannabis businesses and consumers, representing all cannabis related business transactions.

Upturn SWOT Analysis

Strengths

  • Established brand recognition (Weedmaps)
  • Large user base
  • Comprehensive suite of software solutions
  • Strong network effects
  • Business to business wholesale

Weaknesses

  • Reliance on regulatory environment
  • Competition from other technology providers
  • Negative perception due to past controversies (unlicensed dispensaries)
  • Profitability not yet strongly established

Opportunities

  • Further legalization of cannabis in more states
  • Expansion into new markets
  • Development of new software solutions
  • Partnerships with other cannabis companies
  • Consolidation within the industry

Threats

  • Changing regulations
  • Increased competition
  • Economic downturn
  • Negative publicity
  • Consolidation among dispensaries leading to bargaining power over WM Technology

Competitors and Market Share

competitor logo Key Competitors

  • LFLY
  • Private Companies (Flowhub, Greenbits, Jane Technologies)

Competitive Landscape

WM Technology faces significant competition from companies with similar offerings. Its advantage lies in its brand recognition and large user base, but faces disadvantages with the private companies ability to pivot.

Growth Trajectory and Initiatives

Historical Growth: WM Technology has demonstrated growth, especially during periods of cannabis legalization. The rate has varied.

Future Projections: Analyst projections vary widely, dependent on the pace of cannabis legalization and WM Technology's ability to innovate. Revenue growth is expected, but profitability is uncertain.

Recent Initiatives: Recent initiatives include expanding its software offerings, focusing on compliance solutions, and improving its ad platform.

Summary

WM Technology holds a prominent position in the cannabis tech industry, leveraging its strong brand and marketplace. While it benefits from industry growth and strategic initiatives, regulatory uncertainties and stiff competition pose challenges. Financial performance is variable, requiring keen monitoring of profitability and market dynamics. The company's success hinges on its ability to adapt to the evolving landscape and innovate its service offerings.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Investor Relations
  • Industry Reports
  • Analyst Reports

Disclaimers:

This analysis is based on available data and general market understanding. It is not financial advice. Investment decisions should be based on thorough research and consultation with a financial advisor. Market share data is approximate and may vary.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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.