Wilhelmina International (WHLM) Reports Q4 EPS of $0.00

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Wilhelmina International, Inc. Announces Fourth Quarter and Full Year 2022 Results

March 22, 2023 4:31 PM EDT

Annual Financial Highlights

Annual revenues of $17.8 million for 2022 improved by 10.4% from the prior year.Annual operating income of $2.4 million for 2022 was the highest since 2014.Annual net cash flows provided by operating activities were $2.5 million in 2022.Annual pre-tax income of $2.6 million, net income of $3.5 million and Pre-Corporate EBITDA of $3.9 million for 2022.$12.0 million cash and cash equivalents at December 31, 2022 was the highest balance at the end of any quarterly or annual period in Company historyAnnual gross billings of $70.0 million for 2022 improved 17.9% from the prior year.... More