<span item_type="fundamental" item_id="ff119314ce2aa18e902ef274413e2b37" counter_id="ST/US/MAPSW" env="prod"></span><span item_type="announcement" item_id="546914343725177089" env="prod"></span><p>Revenue: As of FY2025 Q2, the actual value is USD 44.85 M.</p><p>EPS: As of FY2025 Q2, the actual value is USD 0.01.</p><p>EBIT: As of FY2025 Q2, the actual value is USD 5.186 M.</p><p></p><h3>Segment Revenue</h3><ul><li>Revenues for the second quarter ended June 30, 2025, were $44.8 million, a decrease from $45.9 million in the prior year period, primarily due to decreases in revenues from Weedmaps for Business solution and featured and deal listings, partially offset by an increase in revenues from other ad solutions.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1779474/000177947425000034/wmtechnologyincearningsrel.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Adjusted EBITDA was $11.7 million, an increase of 16% year-over-year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1779474/000177947425000034/wmtechnologyincearningsrel.htm"></span></li><li>Net Income was $2.2 million, an increase of 81% year-over-year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1779474/000177947425000034/wmtechnologyincearningsrel.htm"></span></li><li>Operating income for the second quarter was $1.969 million, compared to $1.231 million in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1779474/000177947425000034/wmtechnologyincearningsrel.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Cash increased to $59.0 million as of June 30, 2025, compared to $52.0 million as of December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1779474/000177947425000034/wmtechnologyincearningsrel.htm"></span></li><li>Net cash provided by operating activities was $16.725 million for the six months ended June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1779474/000177947425000034/wmtechnologyincearningsrel.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>Average monthly paying clients increased to 5,241 from 5,045 in the prior year period, largely due to new client acquisitions in developing markets.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1779474/000177947425000034/wmtechnologyincearningsrel.htm"></span></li><li>Average monthly revenues per paying client decreased to $2,852 from $3,033 in the prior year period, due to spend declines in established markets.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1779474/000177947425000034/wmtechnologyincearningsrel.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>WM Technology estimates third-quarter 2025 revenues to be approximately $41 million to $43 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1779474/000177947425000034/wmtechnologyincearningsrel.htm"></span></li><li>Non-GAAP Adjusted EBITDA for the third quarter is estimated to be approximately $5 million to $7 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1779474/000177947425000034/wmtechnologyincearningsrel.htm"></span></li></ul>

WM Tech - CW24 | 8-K: FY2025 Q2 Revenue: USD 44.85 M