Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

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 six months ended June 30, 2022 and June 30, 2021 (amounts in thousands, except for share and per share amounts):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Numerator:
Net income (loss)	$	19,848	$	16,837	$	(11,385)	$	24,568
Less: net income attributable to WMH prior to the Business Combination	—		7,347		—		15,078
Less: net income (loss) attributable to noncontrolling interests after the Business Combination	8,156		5,227		(9,184)		5,227
Net income (loss) attributable to WM Technology, Inc. Class A Common Stock - basic	11,692		4,263		(2,201)		4,263
Effect of dilutive securities:
Public and Private Placement Warrants, net of amounts attributable to noncontrolling interests	—		16,061		—		16,061
Net income (loss) attributable to WM Technology, Inc. Class A Common Stock - diluted	$	11,692	$	(11,798)	$	(2,201)	$	(11,798)
Denominator:
Weighted average of shares of Class A Common Stock outstanding - basic	86,425,352		63,738,563		79,476,383		63,738,563
Weighted average effect of dilutive securities:
Public warrants	—		4,877,681		—		4,877,681
Private warrants	—		2,731,502		—		2,731,502
Acquisition holdback shares	677,847		—		—		—
Restricted stock units	127,651		—		—		—
Weighted average of shares of Class A Common Stock outstanding - diluted	87,230,850		71,347,746		79,476,383		71,347,746
Net income (loss) per share of Class A Common Stock - basic	$	0.14	$	0.07	$	(0.03)	$	0.07
Net income (loss) per share of Class A Common Stock - diluted	$	0.13	$	(0.17)	$	(0.03)	$	(0.17)

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:

	Three Months Ended June 30,			Six Months Ended June 30,
	2022	2021		2022	2021
Class A Units	56,466,013	65,502,347		56,466,013	65,502,347
Class P Units	15,740,281	25,679,121		15,740,281	25,679,121
RSUs	—	—	—	10,244,184	—
PRSUs	2,437,500	—		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	—