Wilhelmina International, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 04:32 pm EST
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Wilhelmina International, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 16.26 million compared to USD 15.11 million a year ago. Net income was USD 1.89 million compared to USD 1.15 million a year ago. Basic earnings per share from continuing operations was USD 0.37 compared to USD 0.22 a year ago. Diluted earnings per share from continuing operations was USD 0.37 compared to USD 0.22 a year ago.
For the nine months, revenue was USD 50.51 million compared to USD 41.6 million a year ago. Net income was USD 3.55 million compared to USD 4.5 million a year ago. Basic earnings per share from continuing operations was USD 0.69 compared to USD 0.87 a year ago. Diluted earnings per share from continuing operations was USD 0.69 compared to USD 0.87 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.