Announcement • Sep 25
Wilhelmina International, Inc. Files Form 15 Wilhelmina International, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.01 per share. Announcement • Apr 22
Wilhelmina International, Inc., Annual General Meeting, Jun 09, 2025 Wilhelmina International, Inc., Annual General Meeting, Jun 09, 2025. Location: two lincoln centre 1100 5420 lbj freeway, texas 75240., dallas, United States Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to US$3.24, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 32x in the Commercial Services industry in the US. Total loss to shareholders of 37% over the past three years. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$3.88, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 31x in the Commercial Services industry in the US. Total loss to shareholders of 29% over the past three years. Reported Earnings • Nov 15
Third quarter 2024 earnings released: EPS: US$0.06 (vs US$0.07 in 3Q 2023) Third quarter 2024 results: EPS: US$0.06 (down from US$0.07 in 3Q 2023). Revenue: US$4.57m (up 2.2% from 3Q 2023). Net income: US$310.0k (down 14% from 3Q 2023). Profit margin: 6.8% (down from 8.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$3.40, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 27x in the Commercial Services industry in the US. Total loss to shareholders of 37% over the past three years. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$5.20, the stock trades at a trailing P/E ratio of 42.8x. Average trailing P/E is 27x in the Commercial Services industry in the US. Total loss to shareholders of 4.8% over the past three years. New Risk • Sep 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (3.7% net profit margin). Market cap is less than US$100m (US$30.9m market cap). Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: US$0.048 (vs US$0.003 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.048 (up from US$0.003 loss in 2Q 2023). Revenue: US$4.59m (up 2.2% from 2Q 2023). Net income: US$247.0k (up US$261.0k from 2Q 2023). Profit margin: 5.4% (up from net loss in 2Q 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$5.65, the stock trades at a trailing P/E ratio of 79.8x. Average trailing P/E is 26x in the Commercial Services industry in the US. Total returns to shareholders of 11% over the past three years. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$5.32, the stock trades at a trailing P/E ratio of 75.2x. Average trailing P/E is 25x in the Commercial Services industry in the US. Total returns to shareholders of 4.1% over the past three years. Reported Earnings • May 17
First quarter 2024 earnings released: EPS: US$0.018 (vs US$0.031 in 1Q 2023) First quarter 2024 results: EPS: US$0.018 (down from US$0.031 in 1Q 2023). Revenue: US$4.17m (down 7.0% from 1Q 2023). Net income: US$91.0k (down 43% from 1Q 2023). Profit margin: 2.2% (down from 3.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Apr 28
Wilhelmina International, Inc., Annual General Meeting, Jun 10, 2024 Wilhelmina International, Inc., Annual General Meeting, Jun 10, 2024, at 16:00 Central Standard Time. Location: ThreeLincoln Centre Conference Center, 5430 LBJ Freeway, Suite 350, Dallas, Texas 75240 Dallas Texas United States Agenda: To elect four directors to serve until the next annual meeting of stockholders and until their successors are duly elected and qualify; to ratify the appointment of bodwell vasek wells desimone llp as the company’s independent registered public accounting firm for fiscal year 2024; and to transact such other business as may properly come before the annual meeting or any postponement or adjournment thereof. New Risk • Apr 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (US$26.2m market cap). Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to US$6.25, the stock trades at a trailing P/E ratio of 74.4x. Average trailing P/E is 27x in the Commercial Services industry in the US. Total returns to shareholders of 11% over the past three years. New Risk • Mar 27
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.5% Last year net profit margin: 20% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (US$24.8m market cap). Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$4.61, the stock trades at a trailing P/E ratio of 48.9x. Average trailing P/E is 26x in the Commercial Services industry in the US. Negligible returns to shareholders over past three years. Reported Earnings • Nov 11
Third quarter 2023 earnings released: EPS: US$0.07 (vs US$0.37 in 3Q 2022) Third quarter 2023 results: EPS: US$0.07 (down from US$0.37 in 3Q 2022). Revenue: US$4.47m (down 73% from 3Q 2022). Net income: US$359.0k (down 81% from 3Q 2022). Profit margin: 8.0% (down from 12% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. New Risk • Sep 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (US$19.8m market cap). Reported Earnings • Aug 13
Second quarter 2023 earnings released: US$0.003 loss per share (vs US$0.18 profit in 2Q 2022) Second quarter 2023 results: US$0.003 loss per share (down from US$0.18 profit in 2Q 2022). Revenue: US$4.49m (down 75% from 2Q 2022). Net loss: US$14.0k (down 101% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 13
First quarter 2023 earnings released: EPS: US$0.031 (vs US$0.14 in 1Q 2022) First quarter 2023 results: EPS: US$0.031 (down from US$0.14 in 1Q 2022). Revenue: US$4.48m (down 73% from 1Q 2022). Net income: US$159.0k (down 79% from 1Q 2022). Profit margin: 3.5% (down from 4.4% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 24
Full year 2022 earnings released: EPS: US$0.68 (vs US$0.88 in FY 2021) Full year 2022 results: EPS: US$0.68 (down from US$0.88 in FY 2021). Revenue: US$17.8m (up 10% from FY 2021). Net income: US$3.53m (down 22% from FY 2021). Profit margin: 20% (down from 28% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 23% share price gain to US$4.37, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 20x in the Commercial Services industry in the US. Total returns to shareholders of 1.2% over the past three years. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: US$0.37 (vs US$0.22 in 3Q 2021) Third quarter 2022 results: EPS: US$0.37 (up from US$0.22 in 3Q 2021). Revenue: US$16.3m (up 7.6% from 3Q 2021). Net income: US$1.89m (up 64% from 3Q 2021). Profit margin: 12% (up from 7.6% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: US$0.18 (vs US$0.22 in 2Q 2021) Second quarter 2022 results: EPS: US$0.18 (down from US$0.22 in 2Q 2021). Revenue: US$17.6m (up 21% from 2Q 2021). Net income: US$921.0k (down 18% from 2Q 2021). Profit margin: 5.2% (down from 7.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jun 10
Wilhelmina International, Inc. Elects Aimee J. Nelson as Director Wilhelmina International, Inc. announced that at its Annual Meeting of Stockholders held on June 8, 2022, approved the election of Aimee J. Nelson as Director. Reported Earnings • May 13
First quarter 2022 earnings released: EPS: US$0.14 (vs US$0.43 in 1Q 2021) First quarter 2022 results: EPS: US$0.14 (down from US$0.43 in 1Q 2021). Revenue: US$16.6m (up 39% from 1Q 2021). Net income: US$739.0k (down 67% from 1Q 2021). Profit margin: 4.4% (down from 19% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 18
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: US$0.88 (up from US$0.96 loss in FY 2020). Revenue: US$56.8m (up 37% from FY 2020). Net income: US$4.52m (up US$9.46m from FY 2020). Profit margin: 8.0% (up from net loss in FY 2020). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) surpassed estimates. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$4.59, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 26x in the Commercial Services industry in the US. Total loss to shareholders of 22% over the past three years. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS US$0.22 (vs US$0.004 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$15.1m (up 43% from 3Q 2020). Net income: US$1.15m (up US$1.13m from 3Q 2020). Profit margin: 7.6% (up from 0.2% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 3% per year. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS US$0.22 (vs US$0.52 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$14.5m (up 221% from 2Q 2020). Net income: US$1.12m (up US$3.82m from 2Q 2020). Profit margin: 7.7% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • May 14
First quarter 2021 earnings released: EPS US$0.43 (vs US$0.52 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: US$12.0m (down 18% from 1Q 2020). Net income: US$2.22m (up US$4.88m from 1Q 2020). Profit margin: 19% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Apr 20
Insider recently sold US$7.4m worth of stock On the 15th of April, Ralph Bartel sold around 582k shares on-market at roughly US$12.70 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$7.5m more than they bought in the last 12 months. Executive Departure • Apr 10
Independent Director has left the company On the 1st of April, Jeffrey Utz's tenure as Independent Director ended after 7.6 years in the role. We don't have any record of a personal shareholding under Jeffrey's name. A total of 2 executives have left over the last 12 months. Executive Departure • Apr 10
Independent Director has left the company On the 1st of April, Horst-Dieter Esch's tenure as Independent Director ended after 11.2 years in the role. As of December 2020, Horst-Dieter personally held 950.00k shares (US$4.4m worth at the time). A total of 2 executives have left over the last 12 months. Reported Earnings • Mar 19
Full year 2020 earnings released: US$0.96 loss per share (vs US$0.92 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$41.6m (down 45% from FY 2019). Net loss: US$4.94m (loss widened 3.2% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 18
New 90-day high: US$6.50 The company is up 82% from its price of US$3.57 on 19 November 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is down 1.0% over the same period. Is New 90 Day High Low • Jan 30
New 90-day high: US$5.04 The company is up 76% from its price of US$2.86 on 30 October 2020. The American market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 6.0% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: US$4.96 The company is up 58% from its price of US$3.13 on 30 September 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 11
New 90-day high: US$4.39 The company is up 46% from its price of US$3.00 on 11 September 2020. The American market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 3.0% over the same period. Is New 90 Day High Low • Nov 24
New 90-day high: US$3.81 The company is up 20% from its price of US$3.18 on 25 August 2020. The American market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 7.0% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS US$0.004 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: US$10.5m (down 39% from 3Q 2019). Net income: US$22.0k (up US$188.0k from 3Q 2019). Profit margin: 0.2% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 121% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Announcement • Jul 04
Wilhelmina International, Inc.(NasdaqCM:WHLM) dropped from Russell Microcap Value Index Wilhelmina International, Inc.(NasdaqCM:WHLM) dropped from Russell Microcap Value Index Announcement • Jul 03
Wilhelmina International, Inc.(NasdaqCM:WHLM) dropped from Russell Microcap Index Wilhelmina International, Inc.(NasdaqCM:WHLM) dropped from Russell Microcap Index