Stock Analysis

WM Technology Full Year 2022 Earnings: EPS Misses Expectations

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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).
NasdaqGS:MAPS Earnings and Revenue Growth March 18th 2023

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.

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  • Trading at 84.5% below our estimate of its fair value

  • Earnings are forecast to grow 107.01% per year


  • Volatile share price over the past 3 months

View all Risks and Rewards

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