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Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The computation of (loss) income per share attributable to WM Technology, Inc. and weighted-average shares of the Company’s Class A Common Stock outstanding are as follows for the years ended December 31, 2023, 2022 and 2021 (amounts in thousands, except for share and per share amounts):

			Years Ended December 31,
			2023						2022						2021
Numerator:
Net income (loss)			$	(15,727)					$	(82,651)					$	152,218
Less: net income attributable to WMH prior to the Business Combination			—						—						15,078
Less: net income (loss) attributable to noncontrolling interests after the Business Combination			(5,829)						33,338						76,757
Net income (loss) attributable to WM Technology, Inc. - basic			(9,898)						(115,989)						60,383
Effect of dilutive securities:
Change in fair value of Public and Private Placement Warrants, net of amounts attributable to noncontrolling interests			—						—						72,483
Net income (loss) attributable to WM Technology, Inc. - diluted			$	(9,898)					$	(115,989)					$	(12,100)
Denominator:
Weighted average common shares outstanding - basic			93,244,911						85,027,120						65,013,517
Weighted average effect of dilutive securities:
Public warrants¹			—						—						1,153,782
Private warrants¹			—						—						646,118
Weighted average common shares outstanding - diluted			93,244,911						85,027,120						66,813,417
Net income (loss) per share of Class A Common Stock:
Net income (loss) per Class A common share - basic			$	(0.11)					$	(1.36)					$	0.93
Net income (loss) per Class A common share - diluted			$	(0.11)					$	(1.36)					$	(0.18)

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¹ Calculated using the treasury stock method.

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The Company excluded the following securities from its computation of diluted shares outstanding, as their effect would have been anti-dilutive:

						Years Ended December 31,
						2023						2022						2021
Class V Shares						55,486,361						55,486,361						65,502,347
Class P Units						14,804,507						15,125,429						25,660,529
RSUs outstanding						7,683,598						6,269,868						6,398,707
PRSUs outstanding						234,375						859,375						2,437,500
Public Warrants						12,499,973						12,499,973						—
Private Placement Warrants						7,000,000						7,000,000						—
Acquisition holdback shares						—						677,847						—

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

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-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
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