Stock Analysis
- United States
- /
- Software
- /
- NasdaqGS:MAPS
WM Technology Full Year 2022 Earnings: EPS Misses Expectations
WM Technology (NASDAQ:MAPS) Full Year 2022 Results
Key Financial Results
- Revenue: US$215.5m (up 12% from FY 2021).
- Net loss: US$116.0m (down by 292% from US$60.4m profit in FY 2021).
- US$1.36 loss per share (down from US$0.93 profit in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
WM Technology EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly.
Looking ahead, revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.
Performance of the American Software industry.
The company's shares are up 10% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for WM Technology that you should be aware of.
What are the risks and opportunities for WM Technology?
WM Technology, Inc. provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally.
Rewards
Trading at 84.5% below our estimate of its fair value
Earnings are forecast to grow 107.01% per year
Risks
Volatile share price over the past 3 months
Further research on
WM Technology
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqGS:MAPS
WM Technology
WM Technology, Inc. provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally.
Flawless balance sheet and undervalued.
