secwatch.observer — SEC 8-K summary
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Issuer:     Wilhelmina International, Inc. (WHLM)
CIK:        0001013706
Form:       8-K
Filed at:   2023-08-11T23:59:59+00:00
Accession:  0001171843-23-005247
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013706/000117184323005247/0001171843-23-005247-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013706/000117184323005247/f8k_081023.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-005247

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer