Wilhelmina International, INC

Market Movers (8-K)

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Wilhelmina International, Inc. announced the results of its 2025 Annual Meeting of Stockholders, where directors were elected, auditors ratified, and a unique reverse/forward stock split proposal was approved.
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Wilhelmina International, Inc. appoints its current Chief Financial Officer, Gaurav Pahwa, to the additional role of Chief Operating Officer, effective February 18, 2025.
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Wilhelmina International, Inc. has announced its decision to delist its common stock from the Nasdaq Capital Market, with trading expected to cease around December 31, 2024.
Worse than expected
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Wilhelmina International successfully held its 2024 Annual Meeting, electing four directors and ratifying its independent auditors for the fiscal year ending December 31, 2024.
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Wilhelmina International's first quarter of 2024 saw a decrease in revenue and net income compared to the same period last year, primarily due to lower commissions on bookings.
Worse than expected
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Wilhelmina International, Inc. has appointed Gaurav Pahwa as its new Chief Financial Officer, effective April 15, 2024, replacing Jim McCarthy who resigned on the same day.

Quarterly Earnings (10-Q)

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Wilhelmina International, Inc. reported a significant drop in net income and operating profit for Q2 2025, despite an increase in gross billings, driven by higher operating expenses.
Worse than expected
Delay expected
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Wilhelmina International's Q1 2025 shows revenue growth and increased profitability, driven by core model bookings and efficient cost management.
Better than expected
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Wilhelmina International's Q3 2024 results show a slight decrease in revenue compared to the same period last year, but an increase in net income for the nine-month period.
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Wilhelmina International, Inc. reports a profitable second quarter of 2024 with a slight increase in revenue and improved operating income.
Better than expected
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Wilhelmina International's Q1 2024 revenue decreased by 7.0% compared to Q1 2023, with net income also declining, while the company continues to address ongoing legal proceedings.
Worse than expected

Annual Reports (10-K)

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Wilhelmina International, a fashion model management company, reports a rise in net income for 2024, despite its voluntary delisting from the Nasdaq Capital Market and subsequent trading on the OTCQX market.
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Wilhelmina International's 2023 annual report outlines the company's code of ethics, financial results, and strategic initiatives in the competitive fashion model management industry.
Worse than expected

Insider Trading (Form 4)

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Steel Partners and Warren Lichtenstein have jointly increased their holdings in Wilhelmina International through recent stock purchases.
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Steel Partners and Warren Lichtenstein jointly report the acquisition of 333,444 shares of Wilhelmina International, Inc., increasing their beneficial ownership.
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Warren G. Lichtenstein and Steel Partners Ltd. report increased holdings in Wilhelmina International through recent stock purchases.
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Steel Partners and Warren Lichtenstein jointly report the purchase of 4,310 shares of Wilhelmina International, Inc., increasing their beneficial ownership.
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Steel Partners Ltd. and Warren G. Lichtenstein jointly report the purchase of 2 shares of Wilhelmina International common stock at $3.8 per share.
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Steel Partners and Warren Lichtenstein jointly report the acquisition of 18,912 shares of Wilhelmina International, Inc., increasing their beneficial ownership.

Proxy Statements (Def-14A)

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Wilhelmina International, Inc. is seeking stockholder approval for a reverse/forward stock split and other key proposals at its Annual Meeting on June 9, 2025.
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Wilhelmina International, Inc. announces its Annual Meeting of Stockholders to be held on June 10, 2024, featuring the election of directors and ratification of the company's independent auditor.

Schedule 13D - Activist Investments

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Steel Partners, Ltd. and its affiliates have increased their beneficial ownership in Wilhelmina International, Inc. to 32.1% of outstanding common stock, primarily due to a reduction in the total number of shares outstanding.
Delay expected
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Steel Partners, Ltd. and its affiliates have substantially increased their beneficial ownership in Wilhelmina International, Inc. to 30.6% through recent share acquisitions, including a notable private transaction.
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Steel Partners, Ltd. and its affiliates have filed an amended Schedule 13D, disclosing an increased beneficial ownership in Wilhelmina International, Inc. to 19.1% of outstanding common stock through recent open market purchases.
Better than expected

Schedule 13G - Passive Investments

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Doron Donat has filed an amended Schedule 13G, reporting zero beneficial ownership of common stock in Wilhelmina International, Inc.
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Doron Donat has filed a Schedule 13G, revealing a passive beneficial ownership of 11.4% of Wilhelmina International, Inc.'s common stock.