WM Technology

MAPS

Market cap $93.1M

WM Technology, Inc. ( MAPS ) Q3 2025 Earnings Call November 6, 2025 5:00 PM EST Company Participants Simon Yao Douglas Francis - Co-Founder, CEO & Director Susan Echard - CFO, Principal Financial Officer & Principal Accounting Officer Presentation Operator Good afternoon, everyone and welcome to WM Technology, Inc. Third Quarter 2025 Earnings Conference Call. [Operator Instructions] I would now like to hand the call over to your host, Simon Yao, Director of Investor Relations.

IRVINE, Calif.--(BUSINESS WIRE)--WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), a leading marketplace and technology solutions provider to the cannabis industry, today announced its financial results for the third quarter ended September 30, 2025. “Our third-quarter results reflect disciplined execution in a challenging market. While conditions across our core states remain pressured, we continue to focus on delivering value to our clients and strengthening our marketpla.

Marijuana stocks are still in trying to reach better trading levels. This could happen in several ways, one of which is reform, as many are waiting to see what unfolds. In the US, there has been a push for more legal states and the end of cannabis prohibtion. Over the last half-decade, as federal reform has been pushed forward, it has had a positive impact on marijuana stocks.

IRVINE, Calif.--(BUSINESS WIRE)--WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), a leading marketplace and technology solutions provider to the cannabis industry, today announced it will report financial results for its third quarter ended September 30, 2025 after market close on Thursday, November 6, 2025. Management will host a webcast to discuss the Company's financial results at 2 p.m. Pacific Time (or 5 p.m. Eastern Time) on the same day. A replay of the call will be.

There's a small portion of my portfolio I allocate toward companies I'd put in the “higher risk” bucket.

The U.S. cannabis industry is gaining momentum again, and ancillary stocks are attracting investor attention this week. The legal market generated over $30 billion in sales last year and could exceed $50 billion by 2030. Ancillary companies provide vital tools, marketplaces, and supplies, making them less exposed to direct regulation. Recent headlines highlight renewed discussions in Congress about cannabis banking reform and potential federal rescheduling. Therefore, optimism is building around improved access to capital and market expansion. Investors are closely watching companies that support dispensaries, growers, and consumers with platforms and infrastructure. These businesses often benefit as legalization advances across more states.

The U.S. cannabis industry continues to expand rapidly, making ancillary stocks an attractive area for investors. In 2024, legal cannabis sales reached more than $29 billion nationwide. Analysts project the market could surpass $45 billion by 2030 as legalization spreads. Ancillary companies supply the technology, data, and cultivation tools that dispensaries and growers need to operate efficiently. These businesses avoid direct plant-touching risks while benefiting from industry growth. Recently, headlines surrounding potential federal legalization and banking reform have reignited investor interest. Moreover, new state markets continue to open, driving opportunities for service providers. Therefore, ancillary stocks remain critical watchlist candidates.

I liked MAPS in June and like it more now. The debt-free, cash-rich company has a low valuation and trades on the NASDAQ. While the stock is up in Q3, it remains down year-to-date and down a lot since its IPO.

WM Technology, Inc. (NASDAQ:MAPS ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Douglas Francis - Co-Founder, CEO & Director Simon Yao - Corporate Participant Susan Echard - CFO, Principal Financial Officer & Principal Accounting Officer Operator Thank you for standing by, and welcome to WM Technology, Inc. Second Quarter 2025 Earnings Call. [Operator Instructions] I would now like to turn the call over to your host, Simon Yao, Director of Investor Relations.

IRVINE, Calif.--(BUSINESS WIRE)--WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), a leading marketplace and technology solutions provider to the cannabis industry, today announced its financial results for the second quarter ended June 30, 2025. “We delivered a solid quarter, generating strong cash flow and maintaining operational discipline in what continues to be a difficult operating environment,” said Doug Francis, CEO of WM Technology. “While cannabis markets in our c.