Wilhelmina Q2 2023 net loss of $14K vs net income $921K YoY; revenue down 4.4%

Wilhelmina International, Inc.

2023-Q2 EPS reported $0.03 revenue$8,977,000

Q2 2023 revenue $4.493M (-4.4% YoY); net loss $14K ($0.00 EPS) vs net income $921K ($0.18 EPS) in Q2 2022.
Operating income fell 85.7% to $149K; Adjusted EBITDA down 79.9% to $230K.
Decreased commissions on bookings in core modeling divisions drove revenue decline.
Six-month net income $145K vs $1.66M; operating expenses rose due to salary increases and legal costs.

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 1.0

Wilhelmina International, Inc. reported the three months ended June 30, 2023 results: revenue $4.5 million, net income net loss of $14 thousand, EPS $0.00 per fully diluted share.

Period: the three months ended June 30, 2023
Revenue: $4.5 million
Net income: net loss of $14 thousand
EPS: $0.00 per fully diluted share
Result: reported results

Exact text from the filing

at the end of this release. DALLAS, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Wilhelmina International, Inc. (Nasdaq:WHLM) ("Wilhelmina" or the "Company") today reported revenues of $4.5 million and net loss of $14 thousand for the three months ended June 30, 2023, compared to revenues of $4.7 million and net income of $0.9 million for the three months ended June 30,

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Wilhelmina International, Inc. reported the six months ended June 30, 2023 results: revenue $9.0 million, net income net income of $0.1 million, EPS $0.03 per fully diluted share.

Period: the six months ended June 30, 2023
Revenue: $9.0 million
Net income: net income of $0.1 million
EPS: $0.03 per fully diluted share
Result: reported results

Exact text from the filing

For the six months ended June 30, 2023, Wilhelmina reported revenues of $9.0 million and net income of $0.1 million

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

Wilhelmina International, Inc. filing history →

Source: SEC EDGAR

accession 0001171843-23-005247

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