WM TECHNOLOGY, INC.MAPSEarnings & Financial Report
WM Entertainment is a South Korean entertainment company established in 2008 by former singer Lee Won-min. The company is responsible for managing artist Oh My Girl. On April 7, 2021, the company was acquired by RBW.
Revenue
$42.2M
Gross Profit
$40.1M
Operating Profit
$2.0M
Net Profit
$2.5M
Gross Margin
95.0%
Operating Margin
4.6%
Net Margin
5.8%
YoY Growth
-9.4%
WM TECHNOLOGY, INC. Q3 FY2025 Financial Summary
WM TECHNOLOGY, INC. reported revenue of $42.2M (down 9.4% YoY) for Q3 FY2025, with a net profit of $2.5M (down 26.2% YoY) (5.8% margin). Cost of goods sold was $2.1M, operating expenses totaled $38.1M.
Key Financial Metrics
| Total Revenue | $42.2M |
|---|---|
| Net Profit | $2.5M |
| Gross Margin | 95.0% |
| Operating Margin | 4.6% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
WM TECHNOLOGY, INC. Q3 FY2025 revenue of $42.2M breaks down across 3 segments, led by Featured Listing at $25.6M (60.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Featured Listing | $25.6M | 60.6% |
| Business Subscription And Other Solutions | $13.1M | 31.0% |
| Other | $3.5M | 8.4% |
WM TECHNOLOGY, INC. Revenue by Segment — Quarterly Trend
WM TECHNOLOGY, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Featured Listing and Business Subscription And Other Solutions) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Featured Listing | — | $25.6M | $27.1M | $27.2M |
| Business Subscription And Other Solutions | — | $13.1M | $13.3M | $13.6M |
| Other | $3.6M | $3.5M | $4.5M | $3.8M |
WM TECHNOLOGY, INC. Annual Revenue by Year
WM TECHNOLOGY, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $174.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $174.7M |
| 2024 | $184.5M |
| 2023 | $188.0M |
| 2022 | $215.5M |
WM TECHNOLOGY, INC. Quarterly Revenue & Net Profit History
WM TECHNOLOGY, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $43.1M | -9.7% | $-3.6M | -8.3% |
| Q3 FY2025 | $42.2M | -9.4% | $2.5M | 5.8% |
| Q2 FY2025 | $44.8M | -2.3% | $1.4M | 3.2% |
| Q1 FY2025 | $44.6M | +0.5% | $1.6M | 3.7% |
| Q4 FY2024 | $47.7M | +2.6% | $2.4M | 4.9% |
| Q3 FY2024 | $46.6M | -0.3% | $3.3M | 7.2% |
| Q2 FY2024 | $45.9M | -5.2% | $716.0K | 1.6% |
| Q1 FY2024 | $44.4M | -4.4% | $1.2M | 2.8% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $44.4M | $45.9M | $46.6M | $47.7M | $44.6M | $44.8M | $42.2M | $43.1M |
| YoY Growth | -4.4% | -5.2% | -0.3% | 2.6% | 0.5% | -2.3% | -9.4% | -9.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $165.8M | $168.0M | $173.6M | $181.9M | $183.8M | $188.1M | $192.9M | $190.7M |
| Liabilities | $59.0M | $58.8M | $58.6M | $61.8M | $60.1M | $60.1M | $57.6M | $58.9M |
| Equity | $20.8M | $24.5M | $29.5M | $36.1M | $48.5M | $52.7M | $56.9M | $57.2M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $7.4M | $12.7M | $7.2M | $9.4M | $5.7M | $11.1M | $6.4M | $3.0M |