Wilhelmina Q3 revenue up 7.6% to $16.3M, net income $1.9M on $1.5M tax benefit

Wilhelmina International, Inc.

2022-Q3 EPS reported $0.69 revenue$50,513,000

Revenue $16.3M (+7.6% YoY) driven by increased bookings as COVID restrictions eased.
Operating income fell 34% to $671K due to higher salaries and service costs.
Net income $1.9M ($0.37 diluted) vs $1.2M; included $1.5M deferred tax asset valuation allowance release.
Pre-Corporate EBITDA $1.0M vs $1.5M; Adjusted EBITDA $768K vs $1.3M.
Nine-month revenue $50.5M (+21.4%), net income $3.5M vs $4.5M (prior year had $2.0M PPP gain).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Wilhelmina International, Inc. reported the nine months ended September 30, 2022 results: revenue $50.5 million, net income $3.5 million.

Period: the nine months ended September 30, 2022
Revenue: $50.5 million
Net income: $3.5 million
Result: reported results

Exact text from the filing

For the nine months ended September 30, 2022, Wilhelmina reported revenues of $50.5 million and net income of $3.5 million compared to revenue of $41.6 million and net income of $4.5 million for the nine months ended September 30, 2021.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.8

Wilhelmina International, Inc. reported the three months ended September 30, 2022 results: revenue $16.3 million, net income $1.9 million.

Period: the three months ended September 30, 2022
Revenue: $16.3 million
Net income: $1.9 million
Result: reported results

Exact text from the filing

Wilhelmina International, Inc. (Nasdaq:WHLM) ("Wilhelmina" or the "Company") today reported revenues of $16.3 million and net income of $1.9 million for the three months ended September 30, 2022

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

Wilhelmina International, Inc. filing history →

Source: SEC EDGAR

accession 0001171843-22-007372

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