Filing Flows › WM Technology (MAPS) › Q4 2024
WM Technology (MAPS) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 13, 2025
WM Technology (MAPS) reported revenue of $47.7M for the fourth quarter 2024 (Q4 2024), +3% from a year earlier and +2% from the quarter before. Operating margin was 9.6%, net earnings $2.4M (4.9% of revenue).
WM Technology, Q4 2024: revenue $47.7M (+3% year over year), operating margin 9.6%, net earnings $2.4M, operating cash flow $9.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $47.7M | +2% | +3% |
| Operating profit | $4.6M | -12% | — |
| Net earnings | $2.4M | -29% | — |
| Operating cash flow | $9.4M | +30% | -11% |
| Free cash flow | $7.3M | +49% | -3% |
What changed
Revenue was $47.7M in Q4 2024, up 3% year over year and up 2% from the previous quarter. Featured and deal listings was the largest line at 61% of revenue.
Operating profit was $4.6M, a 9.6% margin (up 36.6 points year over year). Total costs fell 27% while revenue rose 3%. Net earnings were $2.4M. The effective tax rate was -0.7%.
Operating cash flow was $9.4M (down 11% year over year), 253% of net income including minority interests. Non-cash charges added back $3.6M of depreciation and amortization and $2.0M of share-based compensation. Capital expenditures of $2.1M left free cash flow of $7.3M.
Questions
What was WM Technology's revenue in the fourth quarter 2024?
WM Technology (MAPS) reported revenue of $47.7M for the fourth quarter 2024 (Q4 2024), +3% from a year earlier and +2% from the quarter before.
Was WM Technology profitable in the fourth quarter 2024?
Operating profit was $4.6M (9.6% of revenue) and net earnings $2.4M.
Source: WM Technology 10-K on SEC EDGAR.