secwatch.observer — SEC 8-K summary
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Issuer:     Wilhelmina International, Inc. (WHLM)
CIK:        0001013706
Form:       8-K
Filed at:   2024-03-26T23:59:59+00:00
Accession:  0001171843-24-001606
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wilhelmina Q4 FY2023 revenue down 8% YoY; full-year net income $0.4M vs $3.5M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013706/000117184324001606/0001171843-24-001606-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013706/000117184324001606/f8k_032624.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-001606

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