vs
Side-by-side financial comparison of WM TECHNOLOGY, INC. (MAPS) and READING INTERNATIONAL INC (RDI). Click either name above to swap in a different company.
READING INTERNATIONAL INC is the larger business by last-quarter revenue ($50.3M vs $43.1M, roughly 1.2× WM TECHNOLOGY, INC.). READING INTERNATIONAL INC runs the higher net margin — -5.1% vs -8.3%, a 3.2% gap on every dollar of revenue. On growth, WM TECHNOLOGY, INC. posted the faster year-over-year revenue change (-9.7% vs -14.2%). READING INTERNATIONAL INC produced more free cash flow last quarter ($4.1M vs $-280.0K). Over the past eight quarters, READING INTERNATIONAL INC's revenue compounded faster (5.6% 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.
The Reading Company was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976.
MAPS vs RDI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.1M | $50.3M |
| Net Profit | $-3.6M | $-2.6M |
| Gross Margin | 94.9% | — |
| Operating Margin | -13.5% | -1.9% |
| Net Margin | -8.3% | -5.1% |
| Revenue YoY | -9.7% | -14.2% |
| Net Profit YoY | -251.9% | -14.5% |
| EPS (diluted) | — | $-0.11 |
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 | $50.3M | ||
| Q3 25 | $42.2M | $52.2M | ||
| Q2 25 | $44.8M | $60.4M | ||
| Q1 25 | $44.6M | $40.2M | ||
| Q4 24 | $47.7M | $58.6M | ||
| Q3 24 | $46.6M | $60.1M | ||
| Q2 24 | $45.9M | $46.8M | ||
| Q1 24 | $44.4M | $45.1M |
| Q4 25 | $-3.6M | $-2.6M | ||
| Q3 25 | $2.5M | $-4.2M | ||
| Q2 25 | $1.4M | $-2.7M | ||
| Q1 25 | $1.6M | $-4.8M | ||
| Q4 24 | $2.4M | $-2.2M | ||
| Q3 24 | $3.3M | $-7.0M | ||
| Q2 24 | $716.0K | $-12.8M | ||
| Q1 24 | $1.2M | $-13.2M |
| Q4 25 | 94.9% | — | ||
| Q3 25 | 95.0% | — | ||
| Q2 25 | 94.9% | — | ||
| Q1 25 | 95.0% | — | ||
| Q4 24 | 95.2% | — | ||
| Q3 24 | 95.3% | — | ||
| Q2 24 | 95.1% | — | ||
| Q1 24 | 94.8% | — |
| Q4 25 | -13.5% | -1.9% | ||
| Q3 25 | 4.6% | -0.6% | ||
| Q2 25 | 4.4% | 4.8% | ||
| Q1 25 | 5.9% | -17.2% | ||
| Q4 24 | 9.6% | 2.6% | ||
| Q3 24 | 11.2% | -0.6% | ||
| Q2 24 | 2.7% | -16.4% | ||
| Q1 24 | 8.5% | -16.7% |
| Q4 25 | -8.3% | -5.1% | ||
| Q3 25 | 5.8% | -8.0% | ||
| Q2 25 | 3.2% | -4.4% | ||
| Q1 25 | 3.7% | -11.8% | ||
| Q4 24 | 4.9% | -3.8% | ||
| Q3 24 | 7.2% | -11.7% | ||
| Q2 24 | 1.6% | -27.4% | ||
| Q1 24 | 2.8% | -29.4% |
| Q4 25 | — | $-0.11 | ||
| Q3 25 | — | $-0.18 | ||
| Q2 25 | — | $-0.12 | ||
| Q1 25 | $0.02 | $-0.21 | ||
| Q4 24 | — | $-0.11 | ||
| Q3 24 | — | $-0.31 | ||
| Q2 24 | — | $-0.57 | ||
| Q1 24 | $0.01 | $-0.59 |
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 | $10.5M |
| Total DebtLower is stronger | — | $185.1M |
| Stockholders' EquityBook value | $57.2M | $-18.2M |
| Total Assets | $190.7M | $434.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $62.4M | $10.5M | ||
| Q3 25 | — | $8.1M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $5.9M | ||
| Q4 24 | $52.0M | $12.4M | ||
| Q3 24 | — | $10.1M | ||
| Q2 24 | — | $9.3M | ||
| Q1 24 | — | $7.5M |
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $57.2M | $-18.2M | ||
| Q3 25 | $56.9M | $-12.1M | ||
| Q2 25 | $52.7M | $-7.7M | ||
| Q1 25 | $48.5M | $-8.1M | ||
| Q4 24 | $36.1M | $-4.4M | ||
| Q3 24 | $29.5M | $1.6M | ||
| Q2 24 | $24.5M | $6.5M | ||
| Q1 24 | $20.8M | $18.0M |
| Q4 25 | $190.7M | $434.9M | ||
| Q3 25 | $192.9M | $435.2M | ||
| Q2 25 | $188.1M | $438.1M | ||
| Q1 25 | $183.8M | $441.0M | ||
| Q4 24 | $181.9M | $471.0M | ||
| Q3 24 | $173.6M | $495.7M | ||
| Q2 24 | $168.0M | $494.9M | ||
| Q1 24 | $165.8M | $494.9M |
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 | $3.0M | $4.3M |
| Free Cash FlowOCF − Capex | $-280.0K | $4.1M |
| FCF MarginFCF / Revenue | -0.7% | 8.2% |
| Capex IntensityCapex / Revenue | 7.7% | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $13.5M | $-2.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0M | $4.3M | ||
| Q3 25 | $6.4M | $295.0K | ||
| Q2 25 | $11.1M | $1.6M | ||
| Q1 25 | $5.7M | $-7.7M | ||
| Q4 24 | $9.4M | $8.0M | ||
| Q3 24 | $7.2M | $1.3M | ||
| Q2 24 | $12.7M | $-10.4M | ||
| Q1 24 | $7.4M | $-2.8M |
| Q4 25 | $-280.0K | $4.1M | ||
| Q3 25 | $3.6M | $-246.0K | ||
| Q2 25 | $8.2M | $1.2M | ||
| Q1 25 | $2.0M | $-8.0M | ||
| Q4 24 | $7.3M | $7.0M | ||
| Q3 24 | $4.9M | $-1.1M | ||
| Q2 24 | $10.1M | $-10.6M | ||
| Q1 24 | $2.9M | $-4.7M |
| Q4 25 | -0.7% | 8.2% | ||
| Q3 25 | 8.4% | -0.5% | ||
| Q2 25 | 18.3% | 1.9% | ||
| Q1 25 | 4.5% | -19.8% | ||
| Q4 24 | 15.2% | 12.0% | ||
| Q3 24 | 10.4% | -1.8% | ||
| Q2 24 | 21.9% | -22.7% | ||
| Q1 24 | 6.4% | -10.4% |
| Q4 25 | 7.7% | 0.3% | ||
| Q3 25 | 6.8% | 1.0% | ||
| Q2 25 | 6.3% | 0.6% | ||
| Q1 25 | 8.2% | 0.6% | ||
| Q4 24 | 4.5% | 1.7% | ||
| Q3 24 | 5.1% | 4.0% | ||
| Q2 24 | 5.7% | 0.5% | ||
| Q1 24 | 10.2% | 4.3% |
| 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
MAPS
| Services | $39.5M | 92% |
| Other | $3.6M | 8% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
