WM Technology, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $174.7M | $184.5M | $188.0M | $215.5M | $193.1M | $161.8M | $144.2M |
| Cost of Revenue | $8.8M | $9.0M | $12.5M | $15.4M | $7.9M | $7.6M | $7.1M |
| Gross Profit | $165.9M | $175.5M | $175.5M | $200.1M | $185.2M | $154.2M | $137.2M |
| Gross Margin | 94.9% | 95.1% | 93.3% | 92.9% | 95.9% | 95.3% | 95.1% |
| Operating Expenses | |||||||
| Research & Development | $28.1M | $36.4M | $36.0M | $50.5M | $35.4M | $27.1M | $29.5M |
| SG&A Expense | $76.9M | $70.6M | $74.3M | $120.8M | $95.1M | $51.1M | $56.5M |
| Operating Income | $766.0K | $14.8M | $-18.5M | $-69.6M | $-8.2M | $41.2M | $6.3M |
| Operating Margin | 0.4% | 8.0% | -9.8% | -32.3% | -4.2% | 25.5% | 4.4% |
| Interest Expense | — | — | — | — | — | — | — |
| Pretax Income | $3.4M | $12.2M | $-15.6M | $96.4M | $151.6M | $38.8M | $946.0K |
| Income Tax Expense | $93.0K | $46.0K | $93.0K | $179.1M | $-601.0K | $0 | $1.3M |
| Net Income | $2.0M | $7.6M | $-9.9M | $-116.0M | $60.4M | $38.8M | $-375.0K |
| Net Margin | 1.1% | 4.1% | -5.3% | -53.8% | 31.3% | 24.0% | -0.3% |
| EPS (Basic) | — | — | — | — | — | $-5.94 | $0.42 |
| EPS (Diluted) | — | — | — | — | — | $-5.94 | $0.42 |
| Shares Outstanding (Basic) | 106.6M | 96.3M | 93.2M | 85.0M | 65.0M | — | — |
| Shares Outstanding (Diluted) | 108.2M | 97.1M | 93.2M | 85.0M | 66.8M | — | — |
| Dividends Per Share | — | — | — | — | — | — | — |