IWSH
Wright Investors' Service Holdings, Inc.0.1900
+0.0100+5.56%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
3.92MP/E (TTM)
-Basic EPS (TTM)
-0.05Dividend Yield
0%Recent Filings
10-Q
10-Q
Q2 FY2025 results
Wright Investors' Service Holdings posted a Q2 net loss of $244 thousand, up slightly from $233 thousand last year, while YTD net loss widened to $500 thousand from $452 thousand, driven by lower interest income from mutual funds yielding less on smaller balances. Operating expenses dipped marginally to $258 thousand quarterly and $545 thousand YTD, trimming the gap. Cash dwindled to $394 thousand by June 30, 2025, with $1.5 million in investments; operating cash burn hit $496 thousand over six months, yet liquidity covers needs through September 2026. No debt burdens the balance sheet. As a shell company, it eyes acquisitions or distributions to unlock value. Shell status curbs resale of restricted stock under Rule 144.
10-Q
Q1 FY2025 results
Wright Investors' Service Holdings posted a Q1 FY2025 net loss of $256K, up from $219K a year earlier, as operating expenses ticked to $287K from $285K while interest income dropped $35K to $31K due to lower yields on Treasury bills and mutual funds. No revenue emerged from its shell status, but cash burn stayed modest at $244K used in operations. Investments swelled to $1.45M, bolstering total liquidity at $2.12M against zero debt. The board eyes acquisitions or distributions to unlock value. Cash lasts through mid-2026. Shell company rules crimp stock liquidity.
10-K
FY2024 results
Wright Investors' Service Holdings, a shell company, posted a narrowed net loss of $920,000 for FY2024 ended December 31, 2024, down from $1,006,000 in 2023, driven by lower operating expenses while interest income from investments dipped slightly to $159,000. With no revenue and nominal operations, the full-year results reflect steady overhead burn, but Q4 showed controlled costs amid portfolio shifts. Cash and equivalents swelled to $1,440,000, bolstered by $2,253,000 in net investing inflows, positioning the firm to fund acquisitions or distributions through March 2026. No buybacks occurred despite authorization. Yet the board eyes strategic moves like buying financial services firms. Inadvertent investment company status looms if securities exceed 40% of assets.
10-Q
Q3 FY2024 results
Wright Investors' Service Holdings narrowed its Q3 operating loss to $251,000 from $273,000 a year ago, while net loss widened slightly to $231,000 from $197,000 due to lower interest income from Treasury Bills, despite a $44,000 gain on investments. For the first nine months, operating loss improved to $805,000 from $898,000, with net loss at $683,000 versus $793,000 last year, driven by cuts in other operating expenses like dam maintenance and travel. Cash and equivalents climbed to $1,524,000 by quarter-end, bolstered by $2,069,000 in investing inflows from redemptions, though operating cash burn hit $670,000; no debt burdens the balance sheet. The shell company eyes acquisitions or distributions to unlock value. Liquidity holds through 2025. Yet regulatory hurdles for shell status crimp resale options.
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