---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-005247"
form_type: "8-K"
ticker: "WHLM"
cik: "0001013706"
company_name: "Wilhelmina International, Inc."
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T13:45:15.353489+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-23-005247
- form_type: 8-K
- ticker: WHLM
- cik: 0001013706
- company_name: Wilhelmina International, Inc.
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013706/000117184323005247/0001171843-23-005247-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013706/000117184323005247/f8k_081023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-005247
- JSON: https://secwatch.observer/filing/0001171843-23-005247.json
- Plain text: https://secwatch.observer/filing/0001171843-23-005247.txt

## Key facts
- Earnings Releases
  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
  source text: 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,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013706/000117184323005247/0001171843-23-005247-index.htm
- Earnings Releases
  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
  source text: For the six months ended June 30, 2023, Wilhelmina reported revenues of $9.0 million and net income of $0.1 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013706/000117184323005247/0001171843-23-005247-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.