WM TechnologyMAPS
About: WM Technology Inc is a technology and software infrastructure provider to the cannabis industry. It comprises B2C platform Weedmaps, and B2B software WM Business. Its revenues are derived primarily from monthly subscriptions to Weedmaps for Business, featured and deal listings and other WM Ad solutions. The Weedmaps for Business subscriptions generally have one-month terms that automatically renew unless notice of cancellation is provided in advance. Featured and deal listings and other WM Ad solutions are offered as add-on products to the Weedmaps for Business subscriptions. Featured and deal listings provide customers with premium placement ad solutions and discount and promotion pricing tools. Other WM Ad solutions include banner ads and promotion tiles on our marketplace ads.
Employees: 440
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
8,740% more call options, than puts
Call options by funds: $442K | Put options by funds: $5K
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
4% more funds holding
Funds holding: 83 [Q2] → 86 (+3) [Q3]
6.0% less ownership
Funds ownership: 41.65% [Q2] → 35.65% (-6.0%) [Q3]
27% less capital invested
Capital invested by funds: $41.2M [Q2] → $30M (-$11.2M) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
WestPark Capital Casey Ryan 33% 1-year accuracy 7 / 21 met price target | 60%upside $2.61 | Buy Reiterated | 13 Nov 2024 |
Financial journalist opinion
Based on 228 articles about MAPS published over the past 30 days