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Side-by-side financial comparison of Cambium Networks Corp (CMBM) and WM TECHNOLOGY, INC. (MAPS). Click either name above to swap in a different company.
WM TECHNOLOGY, INC. is the larger business by last-quarter revenue ($43.1M vs $40.3M, roughly 1.1× Cambium Networks Corp). WM TECHNOLOGY, INC. runs the higher net margin — -8.3% vs -17.9%, a 9.6% gap on every dollar of revenue. On growth, WM TECHNOLOGY, INC. posted the faster year-over-year revenue change (-9.7% vs -23.2%). WM TECHNOLOGY, INC. produced more free cash flow last quarter ($-280.0K vs $-10.8M). Over the past eight quarters, WM TECHNOLOGY, INC.'s revenue compounded faster (-1.5% CAGR vs -27.2%).
Cambium Networks Corporation is an American manufacturer of wireless telecommunications equipment, including Enterprise WiFi, Network switch, Internet of Things, and fixed wireless broadband and Wi-Fi for enterprises products for Internet access. Publicly traded on the NASDAQ stock exchange, it spun out of Motorola in October 2011.
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.
CMBM vs MAPS — Head-to-Head
Income Statement — Q4 FY2024 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $40.3M | $43.1M |
| Net Profit | $-7.2M | $-3.6M |
| Gross Margin | 36.6% | 94.9% |
| Operating Margin | -28.4% | -13.5% |
| Net Margin | -17.9% | -8.3% |
| Revenue YoY | -23.2% | -9.7% |
| Net Profit YoY | 71.0% | -251.9% |
| EPS (diluted) | $-0.26 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $43.1M | ||
| Q3 25 | — | $42.2M | ||
| Q2 25 | — | $44.8M | ||
| Q1 25 | — | $44.6M | ||
| Q4 24 | $40.3M | $47.7M | ||
| Q3 24 | $44.7M | $46.6M | ||
| Q2 24 | $45.2M | $45.9M | ||
| Q1 24 | $47.1M | $44.4M |
| Q4 25 | — | $-3.6M | ||
| Q3 25 | — | $2.5M | ||
| Q2 25 | — | $1.4M | ||
| Q1 25 | — | $1.6M | ||
| Q4 24 | $-7.2M | $2.4M | ||
| Q3 24 | $-34.5M | $3.3M | ||
| Q2 24 | $-14.2M | $716.0K | ||
| Q1 24 | $-18.4M | $1.2M |
| Q4 25 | — | 94.9% | ||
| Q3 25 | — | 95.0% | ||
| Q2 25 | — | 94.9% | ||
| Q1 25 | — | 95.0% | ||
| Q4 24 | 36.6% | 95.2% | ||
| Q3 24 | 43.6% | 95.3% | ||
| Q2 24 | 32.5% | 95.1% | ||
| Q1 24 | 29.8% | 94.8% |
| Q4 25 | — | -13.5% | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | 4.4% | ||
| Q1 25 | — | 5.9% | ||
| Q4 24 | -28.4% | 9.6% | ||
| Q3 24 | -69.6% | 11.2% | ||
| Q2 24 | -27.2% | 2.7% | ||
| Q1 24 | -33.1% | 8.5% |
| Q4 25 | — | -8.3% | ||
| Q3 25 | — | 5.8% | ||
| Q2 25 | — | 3.2% | ||
| Q1 25 | — | 3.7% | ||
| Q4 24 | -17.9% | 4.9% | ||
| Q3 24 | -77.3% | 7.2% | ||
| Q2 24 | -31.5% | 1.6% | ||
| Q1 24 | -39.2% | 2.8% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $0.02 | ||
| Q4 24 | $-0.26 | — | ||
| Q3 24 | $-1.22 | — | ||
| Q2 24 | $-0.51 | — | ||
| Q1 24 | $-0.66 | $0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $62.4M |
| Total DebtLower is stronger | $67.6M | — |
| Stockholders' EquityBook value | $-3.2M | $57.2M |
| Total Assets | $173.7M | $190.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $62.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $52.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $67.6M | — | ||
| Q3 24 | $67.6M | — | ||
| Q2 24 | $68.9M | — | ||
| Q1 24 | $63.8M | — |
| Q4 25 | — | $57.2M | ||
| Q3 25 | — | $56.9M | ||
| Q2 25 | — | $52.7M | ||
| Q1 25 | — | $48.5M | ||
| Q4 24 | $-3.2M | $36.1M | ||
| Q3 24 | $1.9M | $29.5M | ||
| Q2 24 | $34.1M | $24.5M | ||
| Q1 24 | $45.0M | $20.8M |
| Q4 25 | — | $190.7M | ||
| Q3 25 | — | $192.9M | ||
| Q2 25 | — | $188.1M | ||
| Q1 25 | — | $183.8M | ||
| Q4 24 | $173.7M | $181.9M | ||
| Q3 24 | $194.3M | $173.6M | ||
| Q2 24 | $221.1M | $168.0M | ||
| Q1 24 | $219.8M | $165.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 36.12× | — | ||
| Q2 24 | 2.02× | — | ||
| Q1 24 | 1.42× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-10.4M | $3.0M |
| Free Cash FlowOCF − Capex | $-10.8M | $-280.0K |
| FCF MarginFCF / Revenue | -26.8% | -0.7% |
| Capex IntensityCapex / Revenue | 1.1% | 7.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-21.4M | $13.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $3.0M | ||
| Q3 25 | — | $6.4M | ||
| Q2 25 | — | $11.1M | ||
| Q1 25 | — | $5.7M | ||
| Q4 24 | $-10.4M | $9.4M | ||
| Q3 24 | $8.9M | $7.2M | ||
| Q2 24 | $2.4M | $12.7M | ||
| Q1 24 | $-15.9M | $7.4M |
| Q4 25 | — | $-280.0K | ||
| Q3 25 | — | $3.6M | ||
| Q2 25 | — | $8.2M | ||
| Q1 25 | — | $2.0M | ||
| Q4 24 | $-10.8M | $7.3M | ||
| Q3 24 | $6.8M | $4.9M | ||
| Q2 24 | $87.0K | $10.1M | ||
| Q1 24 | $-17.4M | $2.9M |
| Q4 25 | — | -0.7% | ||
| Q3 25 | — | 8.4% | ||
| Q2 25 | — | 18.3% | ||
| Q1 25 | — | 4.5% | ||
| Q4 24 | -26.8% | 15.2% | ||
| Q3 24 | 15.2% | 10.4% | ||
| Q2 24 | 0.2% | 21.9% | ||
| Q1 24 | -37.0% | 6.4% |
| Q4 25 | — | 7.7% | ||
| Q3 25 | — | 6.8% | ||
| Q2 25 | — | 6.3% | ||
| Q1 25 | — | 8.2% | ||
| Q4 24 | 1.1% | 4.5% | ||
| Q3 24 | 4.8% | 5.1% | ||
| Q2 24 | 5.1% | 5.7% | ||
| Q1 24 | 3.3% | 10.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | 2.61× | ||
| Q2 25 | — | 7.75× | ||
| Q1 25 | — | 3.44× | ||
| Q4 24 | — | 4.00× | ||
| Q3 24 | — | 2.17× | ||
| Q2 24 | — | 17.67× | ||
| Q1 24 | — | 5.97× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMBM
| Enterprise | $16.6M | 41% |
| Point To Multi Point | $16.4M | 41% |
| Other | $5.8M | 14% |
MAPS
| Services | $39.5M | 92% |
| Other | $3.6M | 8% |
