WM Technology, Inc. Releases Second Quarter 2025 Financial Results

WM Technology, Inc. (NASDAQ:MAPS) is among the 12 Best Marijuana Stocks to Buy According to Analysts. WM Technology, Inc. (NASDAQ:MAPS) released Q2 2025 financial results, with sales of $44.8 million, a modest decrease from $45.9 million the previous year. It was due to a reduction in Weedmaps for Business and featured listing revenues, partially offset by higher ad solution revenues. Adjusted EBITDA jumped 16% to $11.7 million, whereas net income surged 81% to $2.2 million. The average monthly revenue per client decreased from $3,033 to $2,852, but the average number of monthly paying clients shot up from 5,045 to 5,241. Cash grew to $59 million, with no debt on the balance sheet. Adjusted EBITDA is anticipated to be between $5 and $7 million, while the Q3 sales projection is between $41 and $43 million.

CEO Doug Francis noted growth from emerging market clients and stressed solid cash flow and thorough execution despite difficult cannabis markets. The company pointed out its capital flexibility and debt-free status. WM Technology, Inc. (NASDAQ:MAPS) keeps balancing investment and cost control to set itself up for long-term growth in the face of industry consolidation and price deflation. It is among the Best Marijuana Stocks.

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