PresentationGood afternoon, everyone and welcome to WM Technology, Inc. Third Quarter 2025 Earnings Conference Call. [Operator Instructions] I would now like to hand the call over to your host, Simon Yao, Director of Investor Relations.Simon Yao Good afternoon and thank you for joining us to discuss our third quarter 2025 results. Today, we are joined by our CEO, Doug Francis; and our CFO, Susan Echard. By now, everyone should have access to our earnings announcement and supporting slide deck on our Invest ...

WM Technology (NasdaqGS:MAPS) Q3 2025 Earnings Call November 06, 2025 05:00 PM ET Speaker1Good afternoon, everyone, and welcome to WM Technology Third Quarter 2025 Earnings Conference Call. All participants will be in a listen-only mode for the duration of the call. I would now like to hand the call over to your host, Simon Yao, Director of Investor Relations.Speaker3Good afternoon, and thank you for joining us to discuss our third quarter 2025 results. Today, we are joined by our CEO, Doug Francis, and our ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________________ FORM 10-Q _______________________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition ...

Irvine, Calif.--(BUSINESS WIRE)--November 6, 2025-- WM Technology, Inc. ("WM Technology" or the "Company") (Nasdaq: MAPS), a leading marketplace and technology solutions provider to the cannabis industry, today announced its financial results for the third quarter ended September 30, 2025. "Our third-quarter results reflect disciplined execution in a challenging market. While conditions across our core states remain pressured, we continue to focus on delivering value to our clients and strengthening our mar ...

WM Technology, Inc. Q2 2025 Results August 7, 2025 Financial Information; Non-GAAP Financial Measures Our financial statements, including net income, are prepared in accordance with principles generally accepted in the United States of America ("GAAP"). To provide investors with additional information regarding our financial results, we have disclosed EBITDA and Adjusted EBITDA, both of which are non-GAAP financial measures that we calculate as net income before interest, taxes and depreciation and amortiza ...

Core Insights - ProStar Holdings Inc. has formed a strategic alliance with Premium Positioning to enhance high-precision positioning services across multiple regions including Europe, Latin America, North America, and Australia [1][2][3] Group 1: Partnership Details - The alliance integrates Premium Positioning's RTK Premium multi-network service with ProStar's PointMan and LinQD platforms, creating a unified precision mapping and data exchange ecosystem for the infrastructure and utility sectors [2][3] - This partnership aims to provide real-time, high-accuracy location intelligence, facilitating seamless data capture, mapping, and visualization for critical infrastructure [2][3] Group 2: Company Profiles - Premium Positioning is recognized for delivering high-precision GNSS correction services through its RTK Premium platform, which operates across Europe, North America, and Australia, ensuring centimeter-accurate positioning [4][5] - ProStar Geocorp is a leading provider of geospatial intelligence technologies, focusing on mapping and managing critical infrastructure through its SaaS solutions and enterprise integration platform [6][7] Group 3: Strategic Goals - The integration of Premium Positioning's technology into ProStar's platform is expected to expand ProStar's global reach and enhance its ability to deliver precision mapping solutions [3][8] - The partnership aligns with ProStar's mission to create a digitally connected platform that improves the installation and management of critical infrastructure [3][6]

Core Insights - ProStar Holdings Inc. has formed a global distribution partnership with Bad Elf, LLC to bundle ProStar's PointMan software with Bad Elf's high-precision GNSS receivers for worldwide sales [1][2][3] Company Overview - ProStar is a leading provider of geospatial intelligence technologies, aiming to become the global standard for mapping and managing critical infrastructure [6] - The company's flagship products, PointMan and LinQD, enhance infrastructure mapping and management by providing accurate, accessible, and connected solutions [7] - ProStar has a growing global customer base that includes Fortune 500 corporations, leading construction and engineering firms, utilities, municipalities, and U.S. Departments of Transportation [8] - The company holds an extensive intellectual property portfolio with 16 issued patents in the United States and Canada, reinforcing its leadership in precision mapping technologies [9] Partnership Details - The partnership with Bad Elf addresses the increasing demand for complete mapping solutions in the utility and critical infrastructure sectors [2] - By combining Bad Elf's advanced GNSS receivers with ProStar's precision mapping solution, the collaboration aims to provide a cost-effective and comprehensive mapping solution for utility owners, contractors, municipalities, and engineering firms [2][3] - This collaboration is expected to broaden ProStar's reach to tens of thousands of potential customers through a global distribution network [4]

Core Insights - ProStar Holdings Inc. has launched LinQD™, a next-generation open API data exchange platform aimed at improving the management of critical infrastructure [1][4] - LinQD™ integrates fragmented systems into a single cloud-based platform, enhancing interoperability and efficiency by combining legacy systems with emerging technologies like AI and AR [3][4] - The platform aims to eliminate data silos, providing stakeholders with instant access to improved geospatial intelligence and mission-critical data [3][4] Company Overview - ProStar Geocorp is a leading provider of geospatial intelligence technologies, focusing on mapping and managing critical infrastructure through its Software-as-a-Service (SaaS) solutions [6][8] - The company has a growing global customer base, including Fortune 500 companies, construction firms, utilities, and government agencies, and has established strategic alliances with global technology leaders [8] - ProStar holds an extensive intellectual property portfolio with 16 issued patents in the United States and Canada, reinforcing its leadership in precision mapping technologies [8] Product Features - LinQD™ with PointMan provides quantitative data from multiple sources, enabling informed decision-making for engineers, construction crews, and asset owners [5] - The platform allows for real-time data exchange across a unified technology ecosystem, creating new revenue channels through strategic partner integrations and enterprise subscriptions [5][7] - ProStar's flagship products streamline the management of both above-ground and subsurface infrastructure, reducing risk and improving efficiency in complex environments [7]

Core Insights - A portion of the investment portfolio is allocated to companies categorized as "higher risk" [1] Group 1 - The investment strategy includes a specific allocation towards higher risk companies [1]

Core Insights - Cannabis stocks experienced a significant surge following President Trump's endorsement of CBD's health benefits for seniors, suggesting potential Medicare coverage and a transformative impact on senior healthcare [1][2]. Industry Overview - The market interpreted Trump's video as a tacit approval of CBD and possibly cannabis, with bipartisan support for federal-level cannabis legalization, indicating a strategic move for the president ahead of the midterm elections [2]. Company Analysis: WM Technology (MAPS) - WM Technology operates Weedmaps, a consumer platform for cannabis products, and Weedmaps for Business, a B2B software solution, generating revenue primarily from monthly subscriptions [5][6]. - MAPS stock rose approximately 17% post-video release but faced resistance at $1.35, with a potential retest at $1.25 expected [6]. - The company's revenue peaked at $215.5 million in 2022 but has since declined to $184.5 million, with profits projected to be lower in 2024 compared to 2020 [7]. - Despite the decline, WM Technology maintains a rising net cash balance and profitability, distinguishing it from other cannabis stocks that are cash-burning [7]. - Only one analyst covers MAPS stock, with a price target exceeding twice the current price [8].