WHLM
Wilhelmina International, Inc.3.4500
+0.0000+0%
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
16.97MP/E (TTM)
34.50Basic EPS (TTM)
0.10Dividend Yield
0%Recent Filings
10-Q
Q2 FY2025 results
Wilhelmina International posted Q2 FY2025 revenues of $4.6M, down 0.8% y/y but up 4.8% YTD to $9.2M, driven by higher commissions from core model bookings offset by elevated model costs. Operating income fell to $101K from $397K y/y, squeezing margins to 2.2% amid 7.1% higher salaries and service costs from staffing adjustments, while corporate overhead dropped 15.5%. Diluted EPS held at $0.02, matching basic with no dilution from 4,920K shares. Cash dipped to $6.7M after $0.9M treasury buyback, yet liquidity stays solid with $12.8M in cash equivalents and short-term investments; free cash flow not disclosed in the 10-Q. Ongoing class actions over labor and contract claims pose litigation risks.
8-K
Stockholders approve key proposals
Wilhelmina International's stockholders overwhelmingly elected Mark E. Schwarz, Mark E. Pape, Aimee J. Nelson, and James A. Dvorak as directors at the June 9, 2025 annual meeting, ratified Bodwell Vasek Wells DeSimone LLP as auditors for the fiscal year ending December 31, 2025, and approved amendments for a 1-for-1,000 reverse stock split followed by a 1,000-for-1 forward split. The reverse/forward maneuver, backed by 3,665,222 votes against 57,685, aims to eliminate fractional shares and potentially boost liquidity. Votes sailed through with quorum from 3,723,041 shares.
10-Q
Q1 FY2025 results
Wilhelmina kicked off 2025 with solid momentum, posting total revenues of $4.6M for Q1 ended March 31, up 10.9% y/y from $4.2M, driven by higher commissions from core model bookings and the Aperture division. Operating income climbed to $153K, a 109.6% y/y jump, lifting the margin to 3.3% from 1.8%, while net income hit $157K or $0.03 per diluted share on 5,083K shares—matching basic figures with no dilution. Cash and equivalents dipped to $5.5M from $8.5M year-end, after $2.2M used in operations and $0.9M for repurchasing 237,500 shares at $3.75 each; free cash flow isn't disclosed in the 10-Q. No debt weighs on the balance sheet, leaving liquidity robust at $12.5M including short-term investments. Ongoing class actions over labor and contract claims linger as a key risk, with merits discovery underway.
10-K
FY2024 results
Wilhelmina International posted $17.6 million in service revenues for FY2024 ended December 31, 2024, edging up 2.3% year-over-year, with gross billings climbing 2.0% to $67.2 million amid stronger core model bookings that offset softer Aperture division performance. Operating income held steady at $0.7 million with a 4.0% margin, but net income surged 41.8% to $0.6 million, fueled by $0.3 million in added interest income from U.S. treasury securities. Salaries and service costs rose 5.7% on staffing tweaks, while office expenses dipped 3.0% from lower bad debts and insurance. Cash swelled to $8.5 million, backed by $2.6 million in operating cash flow. No quarterly breakdowns disclosed in the 10-K. Economic swings could crimp client ad budgets, stalling quarterly momentum.
8-K
Pahwa takes COO role
Wilhelmina International appointed Gaurav Pahwa, its current Chief Financial Officer, as Chief Operating Officer on February 18, 2025, streamlining executive oversight without altering his compensation. This dual role signals internal efficiency amid the talent agency's operations. No changes to terms. Leadership consolidation boosts agility.
IPO
Website
Employees
Sector
Industry
ABM
ABM Industries Incorporated
45.74-1.44
CTAS
Cintas Corporation
187.62-0.83
MMS
Maximus, Inc.
87.77+1.27
RMCO
Royalty Management Holding Corp
2.42+0.03
STFS
Star Fashion Culture Holdings L
0.10-0.01
ULTA
Ulta Beauty, Inc.
589.27-1.93
VSCO
Victorias Secret & Co.
53.66-1.10
WPP
WPP plc
22.08-0.18
WW
WW International, Inc.
27.23+2.94
WXM
WF International Limited
0.54-0.06