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Side-by-side financial comparison of WM TECHNOLOGY, INC. (MAPS) and McEwen Inc. (MUX). Click either name above to swap in a different company.

McEwen Inc. is the larger business by last-quarter revenue ($64.6M vs $43.1M, roughly 1.5× WM TECHNOLOGY, INC.). McEwen Inc. runs the higher net margin — 59.0% vs -8.3%, a 67.3% gap on every dollar of revenue. On growth, McEwen Inc. posted the faster year-over-year revenue change (92.8% vs -9.7%). Over the past eight quarters, McEwen Inc.'s revenue compounded faster (25.2% CAGR vs -1.5%).

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.

McEwen Inc (ticker MUX) is a natural resource company primarily engaged in the exploration, development, and production of gold, silver, and copper assets. Its core operations are located across North and South America, serving global commodity markets with a focus on sustainable, responsible mining practices.

MAPS vs MUX — Head-to-Head

Bigger by revenue
MUX
MUX
1.5× larger
MUX
$64.6M
$43.1M
MAPS
Growing faster (revenue YoY)
MUX
MUX
+102.4% gap
MUX
92.8%
-9.7%
MAPS
Higher net margin
MUX
MUX
67.3% more per $
MUX
59.0%
-8.3%
MAPS
Faster 2-yr revenue CAGR
MUX
MUX
Annualised
MUX
25.2%
-1.5%
MAPS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MAPS
MAPS
MUX
MUX
Revenue
$43.1M
$64.6M
Net Profit
$-3.6M
$38.1M
Gross Margin
94.9%
26.9%
Operating Margin
-13.5%
34.2%
Net Margin
-8.3%
59.0%
Revenue YoY
-9.7%
92.8%
Net Profit YoY
-251.9%
563.1%
EPS (diluted)
$0.66

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.

Revenue
MAPS
MAPS
MUX
MUX
Q4 25
$43.1M
$64.6M
Q3 25
$42.2M
$50.5M
Q2 25
$44.8M
$46.7M
Q1 25
$44.6M
$35.7M
Q4 24
$47.7M
$33.5M
Q3 24
$46.6M
$52.3M
Q2 24
$45.9M
$47.5M
Q1 24
$44.4M
$41.2M
Net Profit
MAPS
MAPS
MUX
MUX
Q4 25
$-3.6M
$38.1M
Q3 25
$2.5M
$-462.0K
Q2 25
$1.4M
$3.0M
Q1 25
$1.6M
$-6.3M
Q4 24
$2.4M
$-8.2M
Q3 24
$3.3M
$-2.1M
Q2 24
$716.0K
$-13.0M
Q1 24
$1.2M
$-20.4M
Gross Margin
MAPS
MAPS
MUX
MUX
Q4 25
94.9%
26.9%
Q3 25
95.0%
15.5%
Q2 25
94.9%
26.3%
Q1 25
95.0%
28.2%
Q4 24
95.2%
1.1%
Q3 24
95.3%
26.4%
Q2 24
95.1%
22.7%
Q1 24
94.8%
14.6%
Operating Margin
MAPS
MAPS
MUX
MUX
Q4 25
-13.5%
34.2%
Q3 25
4.6%
-16.7%
Q2 25
4.4%
-7.2%
Q1 25
5.9%
-21.4%
Q4 24
9.6%
-43.4%
Q3 24
11.2%
-0.2%
Q2 24
2.7%
-29.4%
Q1 24
8.5%
-53.3%
Net Margin
MAPS
MAPS
MUX
MUX
Q4 25
-8.3%
59.0%
Q3 25
5.8%
-0.9%
Q2 25
3.2%
6.5%
Q1 25
3.7%
-17.6%
Q4 24
4.9%
-24.6%
Q3 24
7.2%
-4.0%
Q2 24
1.6%
-27.4%
Q1 24
2.8%
-49.4%
EPS (diluted)
MAPS
MAPS
MUX
MUX
Q4 25
$0.66
Q3 25
$-0.01
Q2 25
$0.06
Q1 25
$0.02
$-0.12
Q4 24
$-0.15
Q3 24
$-0.04
Q2 24
$-0.26
Q1 24
$0.01
$-0.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MAPS
MAPS
MUX
MUX
Cash + ST InvestmentsLiquidity on hand
$62.4M
$72.1M
Total DebtLower is stronger
$126.2M
Stockholders' EquityBook value
$57.2M
$546.2M
Total Assets
$190.7M
$820.2M
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAPS
MAPS
MUX
MUX
Q4 25
$62.4M
$72.1M
Q3 25
$75.4M
Q2 25
$69.5M
Q1 25
$79.3M
Q4 24
$52.0M
$15.3M
Q3 24
$30.2M
Q2 24
$42.6M
Q1 24
$22.0M
Total Debt
MAPS
MAPS
MUX
MUX
Q4 25
$126.2M
Q3 25
$126.0M
Q2 25
$125.8M
Q1 25
$125.5M
Q4 24
$40.0M
Q3 24
$31.0M
Q2 24
$34.0M
Q1 24
$37.0M
Stockholders' Equity
MAPS
MAPS
MUX
MUX
Q4 25
$57.2M
$546.2M
Q3 25
$56.9M
$488.6M
Q2 25
$52.7M
$484.5M
Q1 25
$48.5M
$479.8M
Q4 24
$36.1M
$495.0M
Q3 24
$29.5M
$502.1M
Q2 24
$24.5M
$485.2M
Q1 24
$20.8M
$482.5M
Total Assets
MAPS
MAPS
MUX
MUX
Q4 25
$190.7M
$820.2M
Q3 25
$192.9M
$747.6M
Q2 25
$188.1M
$735.6M
Q1 25
$183.8M
$730.6M
Q4 24
$181.9M
$664.6M
Q3 24
$173.6M
$667.8M
Q2 24
$168.0M
$645.1M
Q1 24
$165.8M
$638.7M
Debt / Equity
MAPS
MAPS
MUX
MUX
Q4 25
0.23×
Q3 25
0.26×
Q2 25
0.26×
Q1 25
0.26×
Q4 24
0.08×
Q3 24
0.06×
Q2 24
0.07×
Q1 24
0.08×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MAPS
MAPS
MUX
MUX
Operating Cash FlowLast quarter
$3.0M
$3.1M
Free Cash FlowOCF − Capex
$-280.0K
FCF MarginFCF / Revenue
-0.7%
Capex IntensityCapex / Revenue
7.7%
Cash ConversionOCF / Net Profit
0.08×
TTM Free Cash FlowTrailing 4 quarters
$13.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAPS
MAPS
MUX
MUX
Q4 25
$3.0M
$3.1M
Q3 25
$6.4M
$5.2M
Q2 25
$11.1M
$478.0K
Q1 25
$5.7M
$-1.9M
Q4 24
$9.4M
$-1.2M
Q3 24
$7.2M
$23.2M
Q2 24
$12.7M
$3.6M
Q1 24
$7.4M
$3.9M
Free Cash Flow
MAPS
MAPS
MUX
MUX
Q4 25
$-280.0K
Q3 25
$3.6M
Q2 25
$8.2M
Q1 25
$2.0M
Q4 24
$7.3M
Q3 24
$4.9M
Q2 24
$10.1M
Q1 24
$2.9M
FCF Margin
MAPS
MAPS
MUX
MUX
Q4 25
-0.7%
Q3 25
8.4%
Q2 25
18.3%
Q1 25
4.5%
Q4 24
15.2%
Q3 24
10.4%
Q2 24
21.9%
Q1 24
6.4%
Capex Intensity
MAPS
MAPS
MUX
MUX
Q4 25
7.7%
Q3 25
6.8%
Q2 25
6.3%
Q1 25
8.2%
Q4 24
4.5%
Q3 24
5.1%
Q2 24
5.7%
Q1 24
10.2%
Cash Conversion
MAPS
MAPS
MUX
MUX
Q4 25
0.08×
Q3 25
2.61×
Q2 25
7.75×
0.16×
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

MAPS
MAPS

Services$39.5M92%
Other$3.6M8%

MUX
MUX

Segment breakdown not available.

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