Added to YB: 2025-01-31
Pitch date: 2025-01-30
MAPS [bullish]
WM Technology, Inc.
-23.36%
current return
Author Info
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Company Info
WM Technology, Inc., an online cannabis marketplace, provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally.
Market Cap
$101.9M
Pitch Price
$1.37
Price Target
5.00 (+359%)
Dividend
N/A
EV/EBITDA
4.20
P/E
13.54
EV/Sales
0.81
Sector
Software
Category
special_situation
MAPS Stock: Trading at a Double-Digit Discount to a Low-Ball Takeover Offer
MAPS: Go-private offer at $1.70/share (39% premium). Even if rejected, undervalued at 9.5x P/E, 7.25x EV/EBITDA vs sector. Profitable, but growth stalled due to cannabis market challenges. Regulatory reforms could drive growth & multiple expansion. Potential $3.25-$5 price target. Risks: no bidding war, regulatory delays.
Read full article (6 min)