Wilhelmina Q2 2021 revenue $14.5M, net income $1.1M vs. loss of $2.7M in Q2 2020

Wilhelmina International, Inc.

2021-Q2 EPS reported $0.65 revenue$26,486,000

Revenue $14.5M, up 220.5% YoY; net income $0.22 diluted EPS vs. loss of $0.52.
Six-month revenue $26.5M, net income $3.3M ($0.65 EPS) vs. loss of $5.4M in H1 2020.
Pre-Corporate EBITDA $1.3M for Q2, compared to negative $2.6M in prior year.
PPP loans of $2.0M forgiven in 2021; $0.9M employee retention credit recorded in H1 2021.
Company cites reopening and higher vaccination rates driving booking recovery.

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