earnings
confidence high
sentiment negative
materiality 0.60
Wilhelmina Q3 net income falls 81% to $0.36M; revenue up 0.7% to $4.47M
Wilhelmina International, Inc.
2023-Q3 EPS reported
$0.10
revenue$13,449,000
- Net income $0.4M ($0.07 EPS) vs $1.9M ($0.37 EPS) last year; prior year included $1.5M deferred tax benefit release.
- Revenue $4.5M, up 0.7% YoY on increased commissions from model bookings.
- Operating income $467k (-30.4%); EBITDA $540k (-34.1%); adjusted EBITDA $547k.
- Nine-month revenue $13.4M (-1.8%); net income $0.5M (-85.8%) vs $3.5M.
- Cash and equivalents $10.9M, down from $12.0M at Dec 2022; no debt outstanding.