Wilhelmina | 10-Q: FY2025 Q1 Revenue: USD 4.627 M

Revenue: As of FY2025 Q1, the actual value is USD 4.627 M.

EPS: As of FY2025 Q1, the actual value is USD 0.03.

EBIT: As of FY2025 Q1, the actual value is USD 200 K.

Segment Revenue

• Service Revenues: $4,619 thousand for the three months ended March 31, 2025, compared to $4,163 thousand for the same period in 2024, representing an increase of 11.0%.
• License Fees and Other Income: $8 thousand for both the three months ended March 31, 2025 and 2024, showing no change.

Operational Metrics

• Operating Income: $153 thousand for the three months ended March 31, 2025, compared to $73 thousand for the same period in 2024, an increase of 109.6%.
• Operating Margin: 3.3% for the three months ended March 31, 2025, compared to 1.8% for the same period in 2024, an increase of 88.9%.
• Net Income: $157 thousand for the three months ended March 31, 2025, compared to $91 thousand for the same period in 2024, an increase of 72.5%.

Cash Flow

• Net Cash Used in Operating Activities: - $2,172 thousand for the three months ended March 31, 2025, compared to - $1,316 thousand for the same period in 2024.
• Net Cash Used in Investing Activities: - $2 thousand for the three months ended March 31, 2025, compared to - $5 thousand for the same period in 2024.
• Net Cash Used in Financing Activities: - $899 thousand for the three months ended March 31, 2025, compared to - $32 thousand for the same period in 2024.

Unique Metrics

• Gross Billings: $17,789 thousand for the three months ended March 31, 2025, compared to $15,816 thousand for the same period in 2024, an increase of 12.5%.
• EBITDA: $200 thousand for the three months ended March 31, 2025, compared to $110 thousand for the same period in 2024, an increase of 81.8%.

Future Outlook and Strategy

• Core Business Focus: The company aims to increase brand awareness, expand the women’s high-end fashion board, and enhance social media influencer representation. It also plans to expand the Wilhelmina network through strategic geographic market development and promote model search contests and events.
• Non-Core Business: The company is focusing on expanding the Aperture division’s representation in commercials, film, and television.