Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Earnings Per Share, Basic and Diluted

The computation of income (loss) 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 three and nine months ending September 30, 2023 and 2022 (amounts in thousands, except for share and per share amounts):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Numerator:
Net loss	$	(2,512)	$	(10,464)	$	(4,498)	$	(21,849)

Less: net loss attributable to noncontrolling interests	(974)		(5,300)		(1,711)		(14,484)
Net loss attributable to WM Technology, Inc. Class A Common Stock - basic and diluted	$	(1,538)	$	(5,164)	$	(2,787)	$	(7,365)



Denominator:






Weighted average of shares of Class A Common Stock outstanding - basic and diluted	93,651,871		89,552,914		92,947,191		82,872,137


Net loss per share of Class A Common Stock - basic and diluted	$	(0.02)	$	(0.06)	$	(0.03)	$	(0.09)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

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


	Three Months Ended September 30,		Nine Months Ended September 30,
	2023	2022	2023	2022
Class A Units	55,486,361	56,066,013	55,486,361	56,466,013
Class P Units	14,966,127	15,419,821	14,966,127	15,419,821
RSUs	7,173,708	8,859,553	7,173,708	8,859,553
PRSUs	234,375	2,437,500	234,375	2,437,500
Public Warrants	12,499,973	12,499,973	12,499,973	12,499,973
Private Placement Warrants	7,000,000	7,000,000	7,000,000	7,000,000
Acquisition holdback shares	—	677,847	—	677,847