---
title: "WM Tech - CW24 | 10-Q: FY2025 Q1 Revenue: USD 44.61 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/239425248.md"
datetime: "2025-05-08T20:43:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/239425248.md)
  - [en](https://longbridge.com/en/news/239425248.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/239425248.md)
---

# WM Tech - CW24 | 10-Q: FY2025 Q1 Revenue: USD 44.61 M

Revenue: As of FY2025 Q1, the actual value is USD 44.61 M.

EPS: As of FY2025 Q1, the actual value is USD 0.02.

EBIT: As of FY2025 Q1, the actual value is USD 5.415 M.

### Segment Revenue

-   **Weedmaps for Business and other SaaS solutions**: $13,642 thousand for the three months ended March 31, 2025, compared to $13,282 thousand for the same period in 2024.
-   **Featured and deal listings**: $27,206 thousand for the three months ended March 31, 2025, compared to $28,166 thousand for the same period in 2024.
-   **Other ad solutions**: $3,764 thousand for the three months ended March 31, 2025, compared to $2,941 thousand for the same period in 2024.

### Operational Metrics

-   **Net Income**: $2,494 thousand for the three months ended March 31, 2025, compared to $1,959 thousand for the same period in 2024.
-   **Operating Income**: $2,647 thousand for the three months ended March 31, 2025, compared to $3,761 thousand for the same period in 2024.
-   **Total Operating Expenses**: $41,965 thousand for the three months ended March 31, 2025, compared to $40,628 thousand for the same period in 2024.

### Cash Flow

-   **Net Cash Provided by Operating Activities**: $5,664 thousand for the three months ended March 31, 2025, compared to $7,402 thousand for the same period in 2024.
-   **Net Cash Used in Investing Activities**: $3,650 thousand for the three months ended March 31, 2025, compared to $4,540 thousand for the same period in 2024.
-   **Net Cash Used in Financing Activities**: $705 thousand for the three months ended March 31, 2025, compared to $1,495 thousand for the same period in 2024.

### Future Outlook and Strategy

-   **Core Business Focus**: The company plans to continue making investments in raising brand awareness, increasing penetration within existing markets, and expanding to new markets, as well as continuing to develop and monetize new solutions to extend the functionality of its platform.
-   **Non-Core Business**: The company intends to explore new expansion opportunities as additional jurisdictions legalize cannabis for medical or adult use and leverage its business model informed by its 16-year operating history to enter new markets.

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- [MAPSW.US](https://longbridge.com/en/quote/MAPSW.US.md)

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