WM Technology Inc (NASDAQ:MAPS), the California-based tech provider behind Weedmaps, announced a mixed financial performance for Q3 2023.
Q3 2023 Financial Highlights
- Revenue decreased to $47.7 million from $50.5 million in the same quarter last year.
- Despite the reduction in revenue, the net loss was $2.5 million compared to a $10.5 million loss in Q3 2022.
- Adjusted EBITDA stood at a positive $10.7 million, a stark contrast to the loss of $9.6 …