Wilhelmina International Inc. (WHLM) shares were rising 38.44% in after-hours on Monday, August 2, 2021, and closed the daily trading at $6.05. WHLM shares have risen 10.63% over the last 12 months, and they have moved down 4.79% in the past week. Over the past three months, the stock has lost 19.67%, while over the past six months, it has declined 19.82%. The company has a current market of $22.99 million and its outstanding shares stood at 5.16 million.
Let’s see what are the latest news about WHLM?
WHLM Q1 2021 financial results announcement
On May 12, 2021, Wilhelmina International, Inc. (WHLM) reported its financial results for the first quarter of 2021 which ended on March 31, 2021.
WHLM Q1 2021 financial highlights
Wilhelmina International, Inc. revenue was $12.0 million in Q1 2021 compared to $14.6 million inQ1 2020
Net income was $2.2 million or $0.43 per fully diluted share for the three months ended March 31, 2021, compared to a net loss of $2.7 million or $0.52 per fully diluted share, for the three months ended March 31, 2020.
WHLM Adjusted EBITDA was $0.369 million in Q1 2021 compared to $0.6 million in Q1 2020.
WHLM Q4 and FY 2020 financial results announcement
On March 16, 2021, Wilhelmina International, Inc. (WHLM) reported its financial results for the fourth quarter and year ended on December 31, 2020.
WHLM Q4 financial highlights
- WHLM reported revenue of $12.0 million for Q4 2020 compared to 18.3 million in Q4 2019.
- Total operating expenses were $3.0 million in Q4 2020 compared to $9.85 million in Q4 2019.
- Net income was $0.4 million or $0.08 per fully diluted share in Q4 2020 compared to a net loss of $5.0 million or $0.96 per fully diluted share in Q4 2019.
- Pre-Corporate EBITDA was $1.3 million in Q4 2020 compared to $0.7 million in Q4 2019.
FY 2020 financial highlights
- For FY 2020, revenue was $41.6 million compared to $75.5 million in FY 2019.
- Total operating expenses were $15.7 million in FY 2020 compared to $25.5 million in FY 2019.
- It suffered a net loss of $4.9 million or $0.96 per fully diluted share in FY 2020 compared to a net loss of $4.8 million or $0.92 per fully diluted share for the fiscal year ended December 31, 2019.
- Pre-Corporate EBITDA was $1.0 million for the fiscal year ended December 31, 2020, compared to $ $3.1 million for the fiscal year ended December 31, 2019.
Conclusion
As of this writing, we have no recent news that could justify the WHLM surge on Monday. We are unable to predict how WHLM stock will perform in the coming days.