earnings
confidence high
sentiment negative
materiality 0.70
Wilhelmina Q4 FY2023 revenue down 8% YoY; full-year net income $0.4M vs $3.5M
Wilhelmina International, Inc.
- Q4 2023 revenue $3.8M (-8% YoY); net loss $71K vs loss $18K in Q4 2022.
- Full year 2023 revenue $17.2M (-3.2%); net income $0.4M (-87.7% from $3.5M).
- Operating income plummeted 69.9% to $0.7M; Pre-Corporate EBITDA $2.0M vs $3.9M.
- Cash and short-term investments reached record $12.7M at Dec 31, 2023.
- Diluted EPS $0.08 for FY2023 compared to $0.68 in FY2022.