Wilhelmina International, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
March 22, 2023 at 04:31 pm EDT
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Wilhelmina International, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported revenue was USD 4.09 million compared to USD 4.29 million a year ago. Net loss was USD 0.018 million compared to net income of USD 0.023 million a year ago.
For the full year, the company reported revenue was USD 17.78 million compared to USD 16.1 million a year ago. Net income was USD 3.53 million compared to USD 4.52 million a year ago. Basic earnings per share from continuing operations was USD 0.68 compared to USD 0.88 a year ago. Diluted earnings per share from continuing operations was USD 0.68 compared to USD 0.88 a year ago.
Wilhelmina International, Inc. is a provider of international full-service fashion model and talent management service, specializing in the representation and management of models, celebrities, artists, photographers, athletes, and content creators. The Company's business activities are focused on the various areas, such as fashion model and social media influencer management, celebrity management, and licensing and branding associations. It is focused on providing fashion modeling talent and social media influencer services to clients such as advertising agencies, fashion designers, Internet sites, retailers, department stores, product catalogs and magazine publications. The Company's celebrity business seeks to secure endorsement and spokesperson work for celebrities from the worlds of sports, music and entertainment. The Company conducts events, such as model search contests and others. It also owns Aperture, a talent and commercial agency located in New York and Los Angeles.