Wilhelmina International, Inc. (WHLM) Income Statement
WHLM 2024 at a glance
Fiscal year ended December 31, 2024 · U.S. dollarsWHLM revenue and net income
Where WHLM's revenue goes
2024Each bar shows an amount and its share of revenue. WHLM kept 3.5% of revenue as net income.
WHLM profit margins
WHLM growth rates
to 2024| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.3% | −32.3% | −25.3% | −13.7% |
| Operating income | −3.8% | −41.4% | +0.8% | −12.1% |
| Net income | +41.8% | −48.6% | — | −6.5% |
| EPS (diluted) | +50.0% | −48.3% | — | −5.0% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
WHLM quarterly EPS vs estimates
Wilhelmina International beat the analyst EPS estimate in 2 of the last 3 quarters.
WHLM income statement
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.6M | $17.2M | $17.8M | $56.8M | $41.6M | $75.5M | $77.9M | $73.2M | $82.2M | $83.8M |
| Cost of revenue | — | $208,000 | $193,000 | $40.7M | $29.9M | $54.2M | $55.6M | $52.3M | $58.7M | $59.9M |
| Gross profit | — | $17.2M | $17.6M | $16.1M | $11.7M | $21.3M | $22.3M | $20.9M | $23.5M | $23.9M |
| Research & development | — | — | — | — | — | — | $0 | $0 | $0 | $0 |
| Sales, general & admin | $15.9M | $16.3M | $15.2M | $13.1M | $13.6M | $19.4M | $18.8M | $19.2M | $20.5M | $20.1M |
| Total operating expenses | $16.9M | $16.5M | $15.4M | $12.6M | $14.9M | $20.6M | $20.9M | $21.2M | $22.5M | $21.5M |
| Operating income | $700,000 | $728,000 | $2.4M | $3.5M | −$3.2M | $673,000 | $1.4M | −$299,000 | $1.0M | $2.4M |
| Interest income | $345,000 | $76,000 | $0 | — | — | $214,000 | $184,000 | $222,000 | $77,000 | $158,000 |
| Interest expense | $11,000 | $7,000 | $8,000 | $51,000 | $86,000 | $117,000 | $101,000 | $128,000 | $81,000 | $68,000 |
| Income before taxes | $1.0M | $691,000 | $2.6M | $5.3M | −$4.0M | −$4.4M | $1.2M | −$521,000 | $910,000 | $2.3M |
| Income taxes | — | $258,000 | −$954,000 | $823,000 | $902,000 | $400,000 | $333,000 | −$684,000 | $815,000 | $834,000 |
| Net income | $614,000 | $433,000 | $3.5M | $4.5M | −$4.9M | −$4.8M | $856,000 | $163,000 | $95,000 | $1.5M |
| EBITDA | $1.2M | $906,000 | $2.8M | $6.2M | −$2.7M | $1.9M | $2.4M | $567,000 | $1.6M | $2.9M |
| EPS (diluted) | $0.12 | $0.08 | $0.68 | $0.87 | −$0.89 | −$0.92 | $0.16 | −$0.09 | $0.03 | $0.16 |
| Gross margin | — | 100.0% | 98.9% | 28.3% | 28.2% | 28.2% | 28.6% | 28.6% | 28.6% | 28.5% |
| Operating margin | 4.0% | 4.2% | 13.6% | 6.1% | −7.6% | 0.9% | 1.8% | −0.4% | 1.2% | 2.9% |
| Net margin | 3.5% | 2.5% | 19.8% | 8.0% | −11.9% | −6.3% | 1.1% | 0.2% | 0.1% | 1.8% |
| Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.6M | $4.6M | $4.3M | $4.6M | $4.6M | $4.2M | $3.8M | $4.5M | $4.5M | $4.5M | $4.1M | $16.3M |
| Cost of revenue | — | — | — | $0 | $44,000 | $44,000 | $46,000 | $55,000 | $56,000 | $51,000 | $45,000 | $11.8M |
| Gross profit | — | — | — | $4.6M | $4.5M | $4.1M | $3.7M | $4.4M | $4.4M | $4.4M | $4.0M | $4.4M |
| Sales, general & admin | $4.2M | $4.2M | $4.1M | $4.0M | $4.2M | $4.1M | $3.8M | $3.7M | $4.0M | $4.2M | $4.2M | $3.7M |
| Total operating expenses | $4.5M | $4.5M | $4.4M | $4.2M | $4.2M | $4.1M | $3.8M | $4.0M | $4.3M | $4.3M | $4.3M | $3.8M |
| Operating income | $101,000 | $153,000 | −$105,000 | $335,000 | $397,000 | $73,000 | −$117,000 | $467,000 | $149,000 | $229,000 | −$166,000 | $671,000 |
| Interest income | $67,000 | $72,000 | $82,000 | $90,000 | $87,000 | $86,000 | — | $0 | $1,000 | $0 | — | — |
| Interest expense | $2,000 | $2,000 | $3,000 | $2,000 | $3,000 | $3,000 | $6,000 | $0 | $1,000 | $1,000 | $1,000 | $2,000 |
| Income before taxes | $166,000 | $225,000 | −$15,000 | $419,000 | $474,000 | $149,000 | −$92,000 | $485,000 | $88,000 | $210,000 | −$214,000 | $776,000 |
| Income taxes | — | — | — | $109,000 | $227,000 | $58,000 | −$21,000 | $126,000 | $102,000 | $51,000 | −$196,000 | −$1.1M |
| Net income | $111,000 | $157,000 | −$34,000 | $310,000 | $247,000 | $91,000 | −$71,000 | $359,000 | −$14,000 | $159,000 | −$18,000 | $1.9M |
| EBITDA | $216,000 | $272,000 | $32,000 | $466,000 | $521,000 | $196,000 | −$40,000 | $522,000 | $205,000 | $280,000 | −$121,000 | $713,000 |
| EPS (diluted) | $0.02 | $0.03 | −$0.01 | $0.06 | $0.05 | $0.02 | −$0.01 | $0.07 | −$0.00 | $0.03 | −$0.00 | $0.37 |
| Gross margin | — | — | — | 100.0% | 99.0% | 98.9% | 98.8% | 98.8% | 98.8% | 98.9% | 98.9% | 27.3% |
| Operating margin | 2.2% | 3.3% | −2.5% | 7.3% | 8.6% | 1.8% | −3.1% | 10.4% | 3.3% | 5.1% | −4.1% | 4.1% |
| Net margin | 2.4% | 3.4% | −0.8% | 6.8% | 5.4% | 2.2% | −1.9% | 8.0% | −0.3% | 3.5% | −0.4% | 11.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in WHLM's financial statements (latest annual report filed —); data from EODHD. Sales, general & administrative expenses include sales and marketing.
WHLM financial results
In fiscal year 2024 (ended December 31, 2024), Wilhelmina International reported revenue of $17.6 million, up 2.3% from the year before. It had net income of $0.6 million (up 41.8%), a net profit margin of 3.5%. Diluted earnings per share came to $0.12. Over five years revenue grew at an average rate of −25.3% a year.
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WHLM income statement FAQ
What is Wilhelmina International's annual revenue?
Wilhelmina International reported total revenue of $17.6 million for fiscal year 2024, which ended on December 31, 2024. That was up 2.3% from $17.2 million the previous year.
Is Wilhelmina International profitable?
Yes. Wilhelmina International reported net income of $0.6 million in fiscal 2024, a net profit margin of 3.5%; its operating margin was 4.0%.
How fast is Wilhelmina International growing?
Revenue grew −25.3% a year on average over the last five fiscal years, from $75.5 million to $17.6 million.
What are Wilhelmina International's earnings per share?
Wilhelmina International earned $0.12 per diluted share in fiscal 2024, compared with $0.08 a year earlier.
When does Wilhelmina International's fiscal year end?
Wilhelmina International's fiscal year ends in December. The latest annual report covers the year ended December 31, 2024.