WM Technology Inc - Class A chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 2.79
Dividend & YieldN/A$ (N/A)
Beta 1.08
Market capitalization 204.8M
Operating cash flow -16.25M
ESG Scores unknown

Company description

WM Technology, Inc. provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States, Canada, 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 information on the cannabis plant, and the industry and advocate related services for legalization. It also provides WM Business suite of monthly subscription-based software solutions, including WM Orders, WM Dispatch, WM Store, WM Dashboard, integrations, and API platform, as well as access to its WM Retail and WM Exchange products. In addition, the company offers advertising solutions; Sprout, a customer relationship management solution; and Cannveya, a delivery and logistics software solution. WM Technology, Inc. was founded in 2008 and is headquartered in Irvine, California.

Sector: Technology - Industry: Software—Application

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 2.37M 7.54M -25k 2.31M
Total Cashflows From Investing Activities -2.12M -5.13M -1.31M -30.43M
Net Borrowings -1.19M -5.02M -205k -205k
Total Cash From Financing Activities 3.24M -21.97M -22.36M 55.2M
Change To Operating Activities 860.96k -3.46M 1.34M 7.92M
Issuance Of Stock 17.55M
Net Income 12.68M -375k 38.83M 60.38M
Change In Cash 18.81M -20.8M 14.95M 47.86M
Effect Of Exchange Rate
Total Cash From Operating Activities 17.69M 6.29M 38.62M 23.09M
Depreciation 2.15M 2.66M 3.98M 4.42M
Change To Account Receivables -432.1k -2.75M -6.77M -13.61M
Other Cashflows From Financing Activities 79.97M 79.97M 79.97M 79.97M
Change To Netincome 2.68M 2.68M 1.27M -38.34M
Capital Expenditures -2.12M -5.13M -1.31M -7.93M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 20.03M 29.5M 27.14M 35.4M
Income Before Tax 14.35M 946k 38.83M 151.62M
Net Income 12.68M -375k 38.83M 60.38M
Selling General Administrative 56.73M 96.21M 81.84M 151.19M
Gross Profit 95.1M 137.16M 154.16M 185.21M
Ebit 16.18M 8.79M 41.2M -5.81M
Operating Income 16.18M 8.79M 41.2M -5.81M
Interest Expense -621.46k
Income Tax Expense 1.32M -601k
Total Revenue 101.4M 144.23M 161.79M 193.15M
Cost Of Revenue 6.3M 7.07M 7.63M 7.94M
Total Other Income ExpenseNet -1.83M -7.84M -2.37M 157.42M
Net Income From Continuing Ops 14.35M -375k 38.83M 152.22M
Net Income Applicable To Common Shares 12.68M -375k 38.83M 60.38M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 17.94M 20.95M 24.62M 233.2M
Total Stockholder Equity 30.12M 12.8M 29.27M 63.56M
Other Current Liabilities 5.1M 5.76M 10.39M 9.18M
Total Assets 48.06M 33.75M 53.89M 365.14M
Common Stock 21.51M 20.42M 29.27M 14k
Other Current Assets
Retained Earnings 8.61M -7.62M 61.37M
Treasury Stock
Cash 25.77M 4.97M 19.92M 67.78M
Total Current Liabilities 17.64M 20.65M 23.25M 37.8M
Other Stockholder Equity
Property, Plant, and Equipment 8.28M 9.16M 7.39M 49.83M
Total Current Assets 28.3M 10.68M 34.17M 98.93M
Net Tangible Assets 19.85M 3.43M 20.8M 9.96M
Net Receivables 1.36M 3.93M 9.43M 17.55M
Accounts Payable 7.31M 12.01M 2.24M 4.3M


Insider Transactions

Here are the insider transactions of stock shares related to WM Technology Inc - Class A:

Filer Name Transaction Text Ownership Date Filer Relation Shares
FEIJOO-OSORIO JUAN JOSESale at price 1.20 per share.D2022-11-17Chief Operating Officer42.71k
CAMIRE BRIANSale at price 1.21 per share.D2022-11-17General Counsel28.72k
CAMIRE BRIANSale at price 1.20 - 1.23 per share.D2022-11-17General Counsel28.72k
LEE ARDENSale at price 1.20 per share.D2022-11-17Chief Financial Officer28.98k
DEAN JUSTINSale at price 1.20 per share.D2022-11-17Chief Investment Officer26.98k
BEALS CHRISTOPHERSale at price 2.65 per share.D2022-08-23Chief Executive Officer45.66k
FEIJOO-OSORIO JUAN JOSESale at price 2.65 per share.D2022-08-23Chief Operating Officer28.17k
CAMIRE BRIANSale at price 2.65 per share.D2022-08-23General Counsel12.25k
LEE ARDENSale at price 2.65 per share.D2022-08-23Chief Financial Officer27.88k
DEAN JUSTINSale at price 2.65 per share.D2022-08-23Chief Technology Officer17.84k
BAY ANTHONY JStock Award(Grant) at price 0.00 per share.D2022-06-21Director41.49k
AQUILA ANTHONYStock Award(Grant) at price 0.00 per share.D2022-06-21Director41.49k
FREEMAN BRENDA LStock Award(Grant) at price 0.00 per share.D2022-06-21Director41.49k
GORDON SCOTTStock Award(Grant) at price 0.00 per share.D2022-06-21Director41.49k
HARTFIELD JUSTINStock Award(Grant) at price 0.00 per share.D2022-06-21Director and Beneficial Owner of more than 10% of a Class of Security41.49k
FRANCIS DOUGLASStock Award(Grant) at price 0.00 per share.D2022-06-21Director and Beneficial Owner of more than 10% of a Class of Security41.49k
TAN FIONAStock Award(Grant) at price 0.00 per share.D2022-06-21Director41.49k
GONZALEZ OLGAStock Award(Grant) at price 0.00 per share.D2022-06-21Director41.49k
HARTFIELD JUSTINSale at price 4.66 per share.D2022-06-16Director and Beneficial Owner of more than 10% of a Class of Security10.09k
FRANCIS DOUGLASSale at price 4.57 per share.D2022-06-16Director and Beneficial Owner of more than 10% of a Class of Security10.09k
FRANCIS DOUGLASD2022-06-08Director and Beneficial Owner of more than 10% of a Class of Security1.82M
HARTFIELD JUSTIND2022-05-25Director and Beneficial Owner of more than 10% of a Class of Security10.09k
BEALS CHRISTOPHERSale at price 5.47 per share.D2022-05-18Chief Executive Officer29.44k
FEIJOO-OSORIO JUAN JOSESale at price 5.47 per share.D2022-05-18Chief Operating Officer14.64k
CAMIRE BRIANSale at price 5.47 per share.D2022-05-18General Counsel7.32k
LEE ARDENSale at price 5.47 per share.D2022-05-18Chief Financial Officer27.99k
DEAN JUSTINSale at price 5.47 per share.D2022-05-18Chief Technology Officer10.25k
FRANCIS DOUGLASD2022-04-15Director and Beneficial Owner of more than 10% of a Class of Security2.91M
BEALS CHRISTOPHERSale at price 5.63 per share.D2022-03-02Chief Executive Officer49.52k
FEIJOO-OSORIO JUAN JOSESale at price 5.64 per share.D2022-03-02Chief Operating Officer42.33k
CAMIRE BRIANSale at price 5.64 per share.D2022-03-02General Counsel14.12k
LEE ARDENSale at price 5.64 per share.D2022-03-02Chief Financial Officer44.54k
DEAN JUSTINSale at price 5.64 per share.D2022-03-02Chief Technology Officer20.2k
LUXOR CAPITAL GROUP, L.P.Conversion of Exercise of derivative security at price 10.00 per share.I2022-01-21Beneficial Owner of more than 10% of a Class of Security666.4k
LUXOR CAPITAL GROUP, L.P.Conversion of Exercise of derivative security at price 10.00 per share.I2022-01-18Beneficial Owner of more than 10% of a Class of Security1.9k
LUXOR CAPITAL GROUP, L.P.Conversion of Exercise of derivative security at price 10.00 per share.I2022-01-07Beneficial Owner of more than 10% of a Class of Security131.7k
BEALS CHRISTOPHERStock Award(Grant) at price 0.00 per share.D2021-12-10Chief Executive Officer781.25k
FEIJOO-OSORIO JUAN JOSEStock Award(Grant) at price 0.00 per share.D2021-12-10Chief Operating Officer468.75k
CAMIRE BRIANStock Award(Grant) at price 0.00 per share.D2021-12-10General Counsel234.38k
LEE ARDENStock Award(Grant) at price 0.00 per share.D2021-12-10Chief Financial Officer625k
DEAN JUSTINStock Award(Grant) at price 0.00 per share.D2021-12-10Chief Investment Officer328.12k
AQUILA ANTHONYStock Award(Grant) at price 0.00 per share.D2021-08-26Director30.28k
GORDON SCOTTStock Award(Grant) at price 0.00 per share.D2021-08-26Director30.28k
LUXOR CAPITAL GROUP, L.P.Sale at price 13.04 - 13.19 per share.I2021-07-16Beneficial Owner of more than 10% of a Class of Security241.65k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to WM Technology Inc - Class A. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on WM Technology Inc - Class A

Here is the result of two systematic investment strategies applied to WM Technology Inc - Class A. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on WM Technology Inc - Class A

The following chart shows the equity curve of the two systematic investment strategies applied to WM Technology Inc - Class A:

WM Technology Inc - Class A automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0% on the backtest period.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %
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Momentum strategy results on WM Technology Inc - Class A

This is the result of two momentum investment strategies applied to WM Technology Inc - Class A. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on WM Technology Inc - Class A

The following chart shows all the entries opened by the momentum investment system on WM Technology Inc - Class A:

WM Technology Inc - Class A momentum entries
  • The first momentum investment strategy would give 0% of return on WM Technology Inc - Class A. That represents 0.0$ of latent gain with 0.0$ of employed capital.
  • The second momentum investment strategy would give 0% of return on WM Technology Inc - Class A. That represents 0.0$ of latent gain with 0.0$ of employed capital.
Performance at glance (1Q Momentum)

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

-0.0 %

Momentum equity curve on WM Technology Inc - Class A

The following chart shows the equity curve of the two momentum strategies applied to WM Technology Inc - Class A:

WM Technology Inc - Class A momentum equity

Note: the dividends potentially given by WM Technology Inc - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on WM Technology Inc - Class A

The following chart shows the employed capital evolution of the two momentum strategies on WM Technology Inc - Class A since the beginning:

WM Technology Inc - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on WM Technology Inc - Class A

Buy the dip entry openings on WM Technology Inc - Class A

WM Technology Inc - Class A

The performance achieved by the robo-advisor on WM Technology Inc - Class A is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows WM Technology Inc - Class A stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of WM Technology Inc - Class A, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

-0.0 %

Equity curve of the strategy applied to WM Technology Inc - Class A

The following chart shows the result of the investment strategy applied to WM Technology Inc - Class A:

WM Technology Inc - Class A

Note: the dividends potentially given by WM Technology Inc - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on WM Technology Inc - Class A

The following chart shows the employed capital evolution since the beginning of the investment strategy on WM Technology Inc - Class A:

WM Technology Inc - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on WM Technology Inc - Class A

In this section, I will compare the three previous investment strategies applied to WM Technology Inc - Class A.

Equity curve comparison on WM Technology Inc - Class A

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

WM Technology Inc - Class A investment strategy comparison

Employed capital comparison on WM Technology Inc - Class A

WM Technology Inc - Class A investment comparison

Performance comparison on WM Technology Inc - Class A

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0% 0.0$ 0.0$ 0.0%
Momentum 1 quarter 0% 0.0$ 0.0$ -0.0%
Momentum 2 quarters 0% 0.0$ 0.0$ -0.0%
Non-directional 0% 0.0$ 0.0$ -0.0%
Annualized return comparison

Automatic investment

0.0 %

Momentum 1Q

-0.0 %

Momentum 2Q

-0.0 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with WM Technology Inc - Class A:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between WM Technology Inc - Class A and the other stocks. There may be false positives or some missing correlated stocks. If the price of WM Technology Inc - Class A does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name WM Technology Inc - Class A
Country United States
City Irvine
Address 41 Discovery
Phone 844 933 3627
Website www.weedmaps.com
FullTime employees 606
Industry Software—Application
Sector Technology
Exchange XNAS
Ticker MAPS
Market www.nasdaq.com

WM Technology Inc - Class A ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown