WM Technology Inc (MAPS) - Net Assets
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. Also explore WM Technology Inc asset portfolio for the complete picture of this company's asset base.
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. Check WM Technology Inc (MAPS) tangible net worth to evaluate the tangible quality of the company's equity base.
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. For live valuation and market cap data, see WM Technology Inc market capitalisation.
| 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 |
|---|---|
|
Nutriband Inc
NASDAQ:NTRB
|
$35.62 Million |
|
Key Tronic Corporation
NASDAQ:KTCC
|
$35.62 Million |
|
Eduspec Holdings Bhd
KLSE:0107
|
$35.64 Million |
|
Heimstaden AB Pfd.
ST:HEIM-PREF
|
$35.64 Million |
|
Koss Corporation
NASDAQ:KOSS
|
$35.59 Million |
|
Panstar Enterprise Co.Ltd
KQ:054300
|
$35.59 Million |
|
Rossmax International Ltd
TWO:4121
|
$35.59 Million |
|
BioRem Inc.
V:BRM
|
$35.58 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: 0.89x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.08x to 0.89x 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 | $0.33 | x |
| 2019-12-31 | $7.39 | $0.33 | x |
| 2020-12-31 | $0.45 | $0.33 | x |
| 2021-12-31 | $0.95 | $0.33 | x |
| 2022-12-31 | $0.16 | $0.33 | x |
| 2023-12-31 | $0.18 | $0.33 | x |
| 2024-12-31 | $0.37 | $0.33 | 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: $1,388,956,865
- Average return on equity (ROE) among peers: -6.65%
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 | $35.61 Million |
| Adobe Systems Incorporated (ADBE) | $107.80 Million | 37.20% | 0.35x | $84.34 Billion |
| ADEIA CORP (ADEA) | $643.40 Million | -4.70% | 0.09x | $2.97 Billion |
| Automatic Data Processing Inc (ADP) | $6.11 Billion | 22.71% | 4.04x | $90.25 Billion |
| Autodesk Inc (ADSK) | $1.88 Billion | 15.15% | 0.71x | $43.52 Billion |
| AudioEye Inc (AEYE) | $5.86 Million | -166.28% | 0.21x | $71.03 Million |
| Agilysys Inc (AGYS) | $52.90 Million | 15.69% | 1.77x | $2.68 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $7.86 Million | -10.63% | 1.20x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $1.61 Million | 25.62% | 1.34x | $15.64 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-15.77 Million | 0.00% | 0.00x | $8.14 Million |
| Alight Inc (ALIT) | $5.09 Billion | -1.22% | 1.21x | $714.34 Million |
About 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