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Side-by-side financial comparison of WM TECHNOLOGY, INC. (MAPS) and Valneva SE (VALN). Click either name above to swap in a different company.
WM TECHNOLOGY, INC. is the larger business by last-quarter revenue ($43.1M vs $36.2M, roughly 1.2× Valneva SE). WM TECHNOLOGY, INC. runs the higher net margin — -8.3% vs -54.1%, a 45.8% gap on every dollar of revenue.
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.
Valneva SE is a specialty vaccine company registered in Saint-Herblain, France, developing, producing and commercializing vaccines for infectious diseases. It has manufacturing sites in Livingston, Scotland; Solna, Sweden, and Vienna, Austria; with other offices in France, Canada and the United States.
MAPS vs VALN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2023
| Metric | ||
|---|---|---|
| Revenue | $43.1M | $36.2M |
| Net Profit | $-3.6M | $-19.6M |
| Gross Margin | 94.9% | 38.9% |
| Operating Margin | -13.5% | -49.5% |
| Net Margin | -8.3% | -54.1% |
| Revenue YoY | -9.7% | — |
| Net Profit YoY | -251.9% | — |
| EPS (diluted) | — | — |
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 | $47.7M | — | ||
| Q3 24 | $46.6M | — | ||
| Q2 24 | $45.9M | — | ||
| Q1 24 | $44.4M | — |
| Q4 25 | $-3.6M | — | ||
| Q3 25 | $2.5M | — | ||
| Q2 25 | $1.4M | — | ||
| Q1 25 | $1.6M | — | ||
| Q4 24 | $2.4M | — | ||
| Q3 24 | $3.3M | — | ||
| Q2 24 | $716.0K | — | ||
| Q1 24 | $1.2M | — |
| 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% | — | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | 4.4% | — | ||
| Q1 25 | 5.9% | — | ||
| Q4 24 | 9.6% | — | ||
| Q3 24 | 11.2% | — | ||
| Q2 24 | 2.7% | — | ||
| Q1 24 | 8.5% | — |
| Q4 25 | -8.3% | — | ||
| Q3 25 | 5.8% | — | ||
| Q2 25 | 3.2% | — | ||
| Q1 25 | 3.7% | — | ||
| Q4 24 | 4.9% | — | ||
| Q3 24 | 7.2% | — | ||
| Q2 24 | 1.6% | — | ||
| Q1 24 | 2.8% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $0.02 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $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 | $274.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $57.2M | $221.2M |
| Total Assets | $190.7M | $637.2M |
| 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 | $57.2M | — | ||
| Q3 25 | $56.9M | — | ||
| Q2 25 | $52.7M | — | ||
| Q1 25 | $48.5M | — | ||
| Q4 24 | $36.1M | — | ||
| Q3 24 | $29.5M | — | ||
| Q2 24 | $24.5M | — | ||
| Q1 24 | $20.8M | — |
| Q4 25 | $190.7M | — | ||
| Q3 25 | $192.9M | — | ||
| Q2 25 | $188.1M | — | ||
| Q1 25 | $183.8M | — | ||
| Q4 24 | $181.9M | — | ||
| Q3 24 | $173.6M | — | ||
| Q2 24 | $168.0M | — | ||
| Q1 24 | $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 | $3.0M | $-26.3M |
| Free Cash FlowOCF − Capex | $-280.0K | — |
| FCF MarginFCF / Revenue | -0.7% | — |
| Capex IntensityCapex / Revenue | 7.7% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $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 | $9.4M | — | ||
| Q3 24 | $7.2M | — | ||
| Q2 24 | $12.7M | — | ||
| Q1 24 | $7.4M | — |
| 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 | — |
| 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% | — |
| 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% | — |
| 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% |
VALN
Segment breakdown not available.