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MAPS

WM TECHNOLOGY, INC.
CIK 0001779474 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
75.9
composite ยท 3 signals ยท ELEVATED

Every card below shows the score and the exact filing data it was computed from โ€” no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded โ€” never a guess.

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Signals

P-05 ยท FY 2025-12-31 ยท ELEVATED97.7

Tax arbitrage

ETR 2.8% vs 21% statutory โ€” gap persistent across 2 of 2 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-12) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2025-12-31": 0.0277,
    "2024-12-31": 0.0038
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2025-12-31": 0.1823,
    "2024-12-31": 0.2062
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1779474/000177947426000013/0001779474-26-000013-index.htm",
    "form": "10-K",
    "filed": "2026-03-12"
  }
}
P-01 ยท FY 2025-12-31 ยท CLEAN22.2

Earnings quality

Beneish M-Score -2.72 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-12) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.723,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.535,
    "GMI": 1.002,
    "AQI": 0.873,
    "SGI": 0.947,
    "DEPI": 1.019,
    "SGAI": 1,
    "LVGI": 1.136,
    "TATA": -0.127
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": -0.1301,
  "inputs": {
    "revenue_t": 174704000,
    "revenue_t1": 184514000,
    "total_assets_t": 190667000,
    "net_income_t": 1962000,
    "cfo_t": 26188000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1779474/000177947426000013/0001779474-26-000013-index.htm",
    "form": "10-K",
    "filed": "2026-03-12"
  }
}
P-12 ยท FY 2025-12-31 ยท CLEAN9.6

Restatement predictor

F-Score 0.29 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-12) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.287,
  "probability": 0.00106,
  "components": {
    "rsst": -0.1301,
    "drec": 0.0245,
    "dinv": null,
    "soft": 0.5417,
    "dcs": -0.0779,
    "droa": -0.0317,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1779474/000177947426000013/0001779474-26-000013-index.htm",
    "form": "10-K",
    "filed": "2026-03-12"
  }
}