---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-003433"
form_type: "8-K"
ticker: "WHLM"
cik: "0001013706"
company_name: "Wilhelmina International, Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T22:27:48.738699+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001683168-24-003433
- form_type: 8-K
- ticker: WHLM
- cik: 0001013706
- company_name: Wilhelmina International, Inc.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013706/000168316824003433/0001683168-24-003433-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013706/000168316824003433/wilhelmina_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-003433
- JSON: https://secwatch.observer/filing/0001683168-24-003433.json
- Plain text: https://secwatch.observer/filing/0001683168-24-003433.txt

## Key facts
- Earnings Releases
  Wilhelmina International, Inc. reported financial results for first quarter ended March 31, 2024.
  - Period: first quarter ended March 31, 2024
  - Result: reported results
  source text: On May 15, 2024, Wilhelmina International, Inc. issued a press release announcing its financial results for the first quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013706/000168316824003433/0001683168-24-003433-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.