MAPS News & Events

Based on information available as of March 12, 2026, the Company expects first quarter 2026 revenue to decline by mid- to high-single digit percentages sequentially from the fourth quarter. Given the Company's focus on investing opportunistically across the business, and the potential variability in the timing of these investments, the Company will not be providing Adjusted EBITDA guidance at this time. The Company remains committed to maintaining a strong balance sheet and financial discipline.

Reports Q4 revenue $43.1M vs $47.7M last year. "2025 was another demanding year for the cannabis industry, with pressure in mature markets and cautious spending across much of the ecosystem," said Doug Francis, CEO and Chairman of WM Technology. "Against that backdrop, we remained focused on supporting our clients, improving the quality and utility of our platform, and managing the business with discipline. As we look ahead, we believe our marketplace position and strong balance sheet position us well to navigate near-term volatility while continuing to invest for long-term growth."

Sees Q4 Non-GAAP Adjusted EBITDA is estimated to be approximately $5 million to $7 million.

Reports Q3 revenue $42.176M vs $46.552M last year. "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 marketplace for the long term," said Doug Francis, CEO of WM Technology. "We're mindful of the challenges ahead and are taking a disciplined approach to position the company as the industry continues to evolve."