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Side-by-side financial comparison of FRANKLIN STREET PROPERTIES CORP (FSP) 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 $26.0M, roughly 1.7× FRANKLIN STREET PROPERTIES CORP). WM TECHNOLOGY, INC. runs the higher net margin — -8.3% vs -28.1%, a 19.8% gap on every dollar of revenue. On growth, FRANKLIN STREET PROPERTIES CORP posted the faster year-over-year revenue change (-8.2% vs -9.7%). WM TECHNOLOGY, INC. produced more free cash flow last quarter ($-280.0K vs $-12.7M). Over the past eight quarters, WM TECHNOLOGY, INC.'s revenue compounded faster (-1.5% CAGR vs -8.7%).
Franklin Street Properties Corp is a Massachusetts-based real estate investment trust (REIT) in the United States. It primarily invests in, owns, and operates high-quality office properties across major U.S. metropolitan markets, serving corporate tenants across various industry segments, and delivers stable long-term returns via rental income and strategic asset management.
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.
FSP vs MAPS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $26.0M | $43.1M |
| Net Profit | $-7.3M | $-3.6M |
| Gross Margin | 59.4% | 94.9% |
| Operating Margin | -27.9% | -13.5% |
| Net Margin | -28.1% | -8.3% |
| Revenue YoY | -8.2% | -9.7% |
| Net Profit YoY | 14.1% | -251.9% |
| EPS (diluted) | $-0.06 | — |
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 | $26.0M | $43.1M | ||
| Q3 25 | $27.3M | $42.2M | ||
| Q2 25 | $26.7M | $44.8M | ||
| Q1 25 | $27.1M | $44.6M | ||
| Q4 24 | $28.4M | $47.7M | ||
| Q3 24 | $29.7M | $46.6M | ||
| Q2 24 | $30.8M | $45.9M | ||
| Q1 24 | $31.2M | $44.4M |
| Q4 25 | $-7.3M | $-3.6M | ||
| Q3 25 | $-8.3M | $2.5M | ||
| Q2 25 | $-7.9M | $1.4M | ||
| Q1 25 | $-21.4M | $1.6M | ||
| Q4 24 | $-8.5M | $2.4M | ||
| Q3 24 | $-15.6M | $3.3M | ||
| Q2 24 | $-21.0M | $716.0K | ||
| Q1 24 | $-7.6M | $1.2M |
| Q4 25 | 59.4% | 94.9% | ||
| Q3 25 | 60.9% | 95.0% | ||
| Q2 25 | 59.9% | 94.9% | ||
| Q1 25 | 62.8% | 95.0% | ||
| Q4 24 | 59.7% | 95.2% | ||
| Q3 24 | 61.0% | 95.3% | ||
| Q2 24 | 64.2% | 95.1% | ||
| Q1 24 | 64.7% | 94.8% |
| Q4 25 | -27.9% | -13.5% | ||
| Q3 25 | -30.5% | 4.6% | ||
| Q2 25 | -29.2% | 4.4% | ||
| Q1 25 | -78.9% | 5.9% | ||
| Q4 24 | -29.9% | 9.6% | ||
| Q3 24 | -52.4% | 11.2% | ||
| Q2 24 | -68.0% | 2.7% | ||
| Q1 24 | -24.0% | 8.5% |
| Q4 25 | -28.1% | -8.3% | ||
| Q3 25 | -30.5% | 5.8% | ||
| Q2 25 | -29.5% | 3.2% | ||
| Q1 25 | -79.1% | 3.7% | ||
| Q4 24 | -30.0% | 4.9% | ||
| Q3 24 | -52.6% | 7.2% | ||
| Q2 24 | -68.2% | 1.6% | ||
| Q1 24 | -24.2% | 2.8% |
| Q4 25 | $-0.06 | — | ||
| Q3 25 | $-0.08 | — | ||
| Q2 25 | $-0.08 | — | ||
| Q1 25 | $-0.21 | $0.02 | ||
| Q4 24 | $-0.09 | — | ||
| Q3 24 | $-0.15 | — | ||
| Q2 24 | $-0.20 | — | ||
| Q1 24 | $-0.07 | $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 | $30.6M | $62.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $607.0M | $57.2M |
| Total Assets | $892.9M | $190.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $30.6M | $62.4M | ||
| Q3 25 | $31.4M | — | ||
| Q2 25 | $29.4M | — | ||
| Q1 25 | $30.2M | — | ||
| Q4 24 | $41.1M | $52.0M | ||
| Q3 24 | $40.9M | — | ||
| Q2 24 | $30.2M | — | ||
| Q1 24 | $34.2M | — |
| Q4 25 | $607.0M | $57.2M | ||
| Q3 25 | $615.3M | $56.9M | ||
| Q2 25 | $624.7M | $52.7M | ||
| Q1 25 | $633.4M | $48.5M | ||
| Q4 24 | $655.9M | $36.1M | ||
| Q3 24 | $665.4M | $29.5M | ||
| Q2 24 | $682.1M | $24.5M | ||
| Q1 24 | $703.9M | $20.8M |
| Q4 25 | $892.9M | $190.7M | ||
| Q3 25 | $901.0M | $192.9M | ||
| Q2 25 | $903.2M | $188.1M | ||
| Q1 25 | $916.4M | $183.8M | ||
| Q4 24 | $946.9M | $181.9M | ||
| Q3 24 | $981.5M | $173.6M | ||
| Q2 24 | $1.0B | $168.0M | ||
| Q1 24 | $1.0B | $165.8M |
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 | $3.8M | $3.0M |
| Free Cash FlowOCF − Capex | $-12.7M | $-280.0K |
| FCF MarginFCF / Revenue | -48.6% | -0.7% |
| Capex IntensityCapex / Revenue | 63.0% | 7.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-25.3M | $13.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.8M | $3.0M | ||
| Q3 25 | $8.3M | $6.4M | ||
| Q2 25 | $-2.9M | $11.1M | ||
| Q1 25 | $-5.5M | $5.7M | ||
| Q4 24 | $9.0M | $9.4M | ||
| Q3 24 | $14.5M | $7.2M | ||
| Q2 24 | $-648.0K | $12.7M | ||
| Q1 24 | $-7.1M | $7.4M |
| Q4 25 | $-12.7M | $-280.0K | ||
| Q3 25 | $3.0M | $3.6M | ||
| Q2 25 | $-5.7M | $8.2M | ||
| Q1 25 | $-9.9M | $2.0M | ||
| Q4 24 | $-16.2M | $7.3M | ||
| Q3 24 | $8.6M | $4.9M | ||
| Q2 24 | $-5.1M | $10.1M | ||
| Q1 24 | $-15.8M | $2.9M |
| Q4 25 | -48.6% | -0.7% | ||
| Q3 25 | 11.0% | 8.4% | ||
| Q2 25 | -21.5% | 18.3% | ||
| Q1 25 | -36.7% | 4.5% | ||
| Q4 24 | -57.2% | 15.2% | ||
| Q3 24 | 29.1% | 10.4% | ||
| Q2 24 | -16.7% | 21.9% | ||
| Q1 24 | -50.8% | 6.4% |
| Q4 25 | 63.0% | 7.7% | ||
| Q3 25 | 19.4% | 6.8% | ||
| Q2 25 | 10.7% | 6.3% | ||
| Q1 25 | 16.4% | 8.2% | ||
| Q4 24 | 88.9% | 4.5% | ||
| Q3 24 | 19.6% | 5.1% | ||
| Q2 24 | 14.6% | 5.7% | ||
| Q1 24 | 28.1% | 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
FSP
Segment breakdown not available.
MAPS
| Services | $39.5M | 92% |
| Other | $3.6M | 8% |
