WM Technology Inc
WM Technology, Inc., an online cannabis marketplace, provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States 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 education and learning i… Read more
WM Technology Inc (MAPS) - Net Assets
Latest net assets as of September 2025: $135.36 Million USD
Based on the latest financial reports, WM Technology Inc (MAPS) has net assets worth $135.36 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($192.91 Million) and total liabilities ($57.55 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $135.36 Million |
| % of Total Assets | 70.17% |
| Annual Growth Rate | 25.71% |
| 5-Year Change | 310.19% |
| 10-Year Change | N/A |
| Growth Volatility | 266.45 |
WM Technology Inc - Net Assets Trend (2018–2024)
This chart illustrates how WM Technology Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for WM Technology Inc (2018–2024)
The table below shows the annual net assets of WM Technology Inc from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $120.07 Million | +16.40% |
| 2023-12-31 | $103.15 Million | -10.13% |
| 2022-12-31 | $114.78 Million | -13.01% |
| 2021-12-31 | $131.94 Million | +350.75% |
| 2020-12-31 | $29.27 Million | -87.33% |
| 2019-12-31 | $230.97 Million | +659.26% |
| 2018-12-31 | $30.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WM Technology Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 760.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $15.00K | 0.04% |
| Other Components | $92.94 Million | 257.62% |
| Total Equity | $36.08 Million | 100.00% |
WM Technology Inc Competitors by Market Cap
The table below lists competitors of WM Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Seres Therapeutics Inc
NASDAQ:MCRB
|
$63.38 Million |
|
KAISER REEF LTD.
F:7YR
|
$63.40 Million |
|
Madhya Bharat Agro Products Limited
NSE:MBAPL
|
$63.40 Million |
|
Dundee Corp
PINK:DDEJF
|
$63.40 Million |
|
Manyo Factory Co. Ltd
KQ:439090
|
$63.37 Million |
|
Dyaco International Inc
TW:1598
|
$63.34 Million |
|
Amex Exploration Inc
OTCQX:AMXEF
|
$63.32 Million |
|
Digia Oyj
HE:DIGIA
|
$63.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WM Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,380,000 to 36,077,000, a change of 19,697,000 (120.3%).
- Net income of 7,639,000 contributed positively to equity growth.
- Dividend payments of 7,682,000 reduced retained earnings.
- Share repurchases of 4,000 reduced equity.
- Other factors increased equity by 19,744,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.64 Million | +21.17% |
| Dividends Paid | $7.68 Million | -21.29% |
| Share Repurchases | $4.00K | -0.01% |
| Other Changes | $19.74 Million | +54.73% |
| Total Change | $- | 120.25% |
Book Value vs Market Value Analysis
This analysis compares WM Technology Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.79x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.15x to 1.79x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $4.36 | $0.66 | x |
| 2019-12-31 | $7.39 | $0.66 | x |
| 2020-12-31 | $0.45 | $0.66 | x |
| 2021-12-31 | $0.95 | $0.66 | x |
| 2022-12-31 | $0.16 | $0.66 | x |
| 2023-12-31 | $0.18 | $0.66 | x |
| 2024-12-31 | $0.37 | $0.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WM Technology Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 21.17%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.14%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 5.04x
- Recent ROE (21.17%) is above the historical average (-90.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 47.65% | 14.16% | 2.11x | 1.60x | $11.34 Million |
| 2019 | -0.16% | -0.26% | 0.57x | 1.10x | $-23.47 Million |
| 2020 | 132.66% | 24.00% | 3.00x | 1.84x | $35.90 Million |
| 2021 | 95.01% | 31.26% | 0.53x | 5.75x | $54.03 Million |
| 2022 | -866.88% | -53.82% | 1.08x | 14.88x | $-117.33 Million |
| 2023 | -60.43% | -5.27% | 1.13x | 10.20x | $-11.54 Million |
| 2024 | 21.17% | 4.14% | 1.01x | 5.04x | $4.03 Million |
Industry Comparison
This section compares WM Technology Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WM Technology Inc (MAPS) | $135.36 Million | 47.65% | 0.43x | $63.37 Million |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |