Wilhelmina Q1 revenue $4.2M, net income $91K, down 42.8% YoY

Wilhelmina International, Inc.

2024-Q1 EPS reported $0.02 revenue$4,171,000

Total revenue $4.171M, down 7% from $4.484M in Q1 2023; modeling and Aperture divisions drove decline.
Net income $91K ($0.02 diluted EPS) vs $159K ($0.03) YoY; operating income fell 68.1% to $73K.
Gross billings $15.8M, down 10% YoY; Pre-Corporate EBITDA $381K vs $548K a year ago.
Salaries and service costs rose 3% to $3.0M; office/general expenses down 22.7% to $835K.
Cash and equivalents $4.7M vs $6.1M at Dec 2023; total shareholders' equity $25.0M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Wilhelmina International, Inc. reported financial results for first quarter ended March 31, 2024.

Period: first quarter ended March 31, 2024
Result: reported results

Exact text from the filing

On May 15, 2024, Wilhelmina International, Inc. issued a press release announcing its financial results for the first quarter ended March 31, 2024.

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Wilhelmina International, Inc. filing history →

Source: SEC EDGAR

accession 0001683168-24-003433

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