WM Technology Inc. (MAPS) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
41 DISCOVERY IRVINE, CA 92618 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 34,350 | 28,583 | 67,777 | 313 | 895 | |||
| Cash and cash equivalents | 34,350 | 28,583 | 67,777 | 313 | 895 | |||
| Receivables | 11,158 | 17,438 | 17,550 | |||||
| Prepaid expense | 1,530 | 2,869 | 31 | 257 | ||||
| Other undisclosed current assets | 4,448 | 6,093 | 13,607 | |||||
| Total current assets: | 51,486 | 54,983 | 98,934 | 344 | 1,152 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 15,629 | 31,447 | 36,549 | |||||
| Property, plant and equipment | 24,255 | 24,928 | 13,283 | |||||
| Intangible assets, net (including goodwill) | 70,875 | 78,707 | 53,594 | |||||
| Goodwill | 68,368 | 68,368 | 45,295 | |||||
| Intangible assets, net (excluding goodwill) | 2,507 | 10,339 | 8,299 | |||||
| Asset, held-in-trust | 254,188 | 251,925 | ||||||
| Deferred income tax assets | 152,097 | |||||||
| Other noncurrent assets | 4,776 | 8,970 | 10,687 | |||||
| Total noncurrent assets: | 115,535 | 144,052 | 266,210 | 254,188 | 251,925 | |||
| TOTAL ASSETS: | 167,021 | 199,035 | 365,144 | 254,531 | 253,077 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 21,182 | 33,635 | 23,155 | 3,153 | 97 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 10,088 | ||||
| Accounts payable | 4,341 | 4,298 | ||||||
| Accrued liabilities | 13,859 | 29,294 | 8,769 | 97 | ||||
| Other undisclosed accounts payable and accrued liabilities | 7,323 | 3,153 | ||||||
| Deferred revenue | 5,918 | 6,256 | 8,057 | |||||
| Other liabilities | 98 | 1,125 | ||||||
| Other undisclosed current liabilities | 6,615 | 6,334 | 5,463 | |||||
| Total current liabilities: | 33,715 | 46,323 | 37,800 | 3,153 | 97 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation: | 39,377 | |||||||
| Liabilities, other than long-term debt | 27,936 | 35,345 | 27,460 | 63,680 | ||||
| Other liabilities | 1,386 | 2,302 | ||||||
| Operating lease, liability | 26,550 | 33,043 | 39,377 | |||||
| Derivative instruments and hedges, liabilities | 27,460 | 63,680 | ||||||
| Other undisclosed noncurrent liabilities | 2,219 | 2,590 | 128,567 | |||||
| Total noncurrent liabilities: | 30,155 | 37,935 | 195,404 | 63,680 | ||||
| Other undisclosed liabilities | 8,750 | 8,750 | ||||||
| Total liabilities: | 63,870 | 84,258 | 233,204 | 75,583 | 8,847 | |||
| Temporary equity, carrying amount | 173,948 | 239,230 | ||||||
| Equity | ||||||||
| Equity, attributable to parent, including: | 16,380 | 13,380 | 63,556 | 5,000 | 5,000 | |||
| Additional paid in capital | 80,884 | 67,986 | 2,173 | 52,021 | 3,381 | |||
| Retained earnings (accumulated deficit) | (64,518) | (54,620) | 61,369 | (47,022) | 1,618 | |||
| Other undisclosed equity, attributable to parent | 14 | 14 | 14 | 1 | 1 | |||
| Equity, attributable to noncontrolling interest | 86,771 | 101,397 | 68,384 | |||||
| Total equity: | 103,151 | 114,777 | 131,940 | 5,000 | 5,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 167,021 | 199,035 | 365,144 | 254,531 | 253,077 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 187,993 | 215,531 | 193,146 | ||||
| Cost of revenue | (12,527) | (15,407) | (7,938) | ||||
| Gross profit: | 175,466 | 200,124 | 185,208 | ||||
| Operating expenses | (181,790) | (269,746) | (193,386) | (3,864) | |||
| Other undisclosed operating loss | (12,133) | ||||||
| Operating loss: | (18,457) | (69,622) | (8,178) | (3,864) | |||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 2,574 | (1,674) | (6,723) | (48,157) | |||
| Loss from continuing operations before equity method investments, income taxes: | (15,883) | (71,296) | (14,901) | (52,022) | |||
| Other undisclosed income (loss) from continuing operations before income taxes | 249 | 167,722 | 166,518 | ||||
| Income (loss) from continuing operations before income taxes: | (15,634) | 96,426 | 151,617 | (52,022) | |||
| Income tax expense (benefit) | (93) | (179,077) | 601 | ||||
| Other undisclosed loss from continuing operations | |||||||
| Income (loss) from continuing operations: | (15,727) | (82,651) | 152,218 | (52,022) | |||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 152,218 | (52,022) | ||
| Net income (loss): | (15,727) | (82,651) | 152,218 | (52,022) | |||
| Net income (loss) attributable to noncontrolling interest | 5,829 | (33,338) | (91,835) | ||||
| Net income (loss) available to common stockholders, diluted: | (9,898) | (115,989) | 60,383 | (52,022) | |||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (15,727) | (82,651) | 152,218 | (52,022) | |||
| Comprehensive income (loss): | (15,727) | (82,651) | 152,218 | (52,022) | |||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 5,829 | (33,338) | (91,835) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (9,898) | (115,989) | 60,383 | (52,022) | |||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.