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Wilhelmina International, Inc. (WHLM) Stock Fundamental Analysis & AI Rating 2026

WHLM OTC Services-Management Consulting Services DE CIK: 0001013706
Recently Updated • Analysis: Apr 19, 2026 • SEC Data: 2025-06-30
SELL
78% Conf
Pending
Analysis scheduled

📊 WHLM Key Takeaways

Revenue: $9.2M
Net Margin: 2.9%
Free Cash Flow: $-2.1M
Current Ratio: 1.74x
Debt/Equity: 0.00x
EPS: $0.05
AI Rating: SELL with 78% confidence
Wilhelmina International, Inc. (WHLM) receives a SELL rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $9.2M, net profit margin of 2.9%, and return on equity (ROE) of 1.1%, Wilhelmina International, Inc. demonstrates mixed fundamentals in the Services sector. Below is our complete WHLM stock analysis for 2026.

Is Wilhelmina International, Inc. (WHLM) a Good Investment?

Claude

Despite reported profitability, Wilhelmina International is burning cash with -$2.1M negative operating cash flow, indicating the P&L profits are not translating to sustainable business performance. Combined with razor-thin operating margins (2.8%), minimal revenue growth (2.3%), and abysmal returns on capital (ROA 0.6%, ROE 1.1%), the business model appears structurally challenged and unable to efficiently deploy its asset base.

Why Buy Wilhelmina International, Inc. Stock? WHLM Key Strengths

Claude
  • + Zero long-term debt and strong balance sheet provides financial cushion
  • + Adequate liquidity position with 1.74x current ratio and $6.7M cash reserves
  • + Net income growing 41.8% YoY on a small base, showing marginal operational improvement

WHLM Stock Risks: Wilhelmina International, Inc. Investment Risks

Claude
  • ! Critical: Negative operating cash flow of -$2.1M indicates cash burn despite reported profitability—business is not self-sustaining
  • ! Suspicious 149.1% gross margin suggests accounting adjustments or revenue recognition issues masking underlying weakness
  • ! Minuscule revenue base ($9.2M) with only 2.3% growth and abysmal capital returns (ROA 0.6%, ROE 1.1%) indicate structural inefficiency
  • ! Negative free cash flow margin (-22.6%) will erode cash reserves; at current burn rate, approximately 3+ years of runway before insolvency

Key Metrics to Watch

Claude
  • * Operating cash flow trend—must turn positive to validate profitability claims
  • * Revenue growth acceleration—2.3% is insufficient to offset cash burn
  • * Return on assets and equity—must improve materially above current 0.6% and 1.1% levels

Wilhelmina International, Inc. (WHLM) Financial Metrics & Key Ratios

Revenue
$9.2M
Net Income
$268.0K
EPS (Diluted)
$0.05
Free Cash Flow
$-2.1M
Total Assets
$41.4M
Cash Position
$6.7M

💡 AI Analyst Insight

Wilhelmina International, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

WHLM Profit Margin, ROE & Profitability Analysis

Gross Margin 149.1%
Operating Margin 2.8%
Net Margin 2.9%
ROE 1.1%
ROA 0.6%
FCF Margin -22.6%

WHLM vs Services Sector: How Wilhelmina International, Inc. Compares

How Wilhelmina International, Inc. compares to Services sector averages

Net Margin
WHLM 2.9%
vs
Sector Avg 10.0%
WHLM Sector
ROE
WHLM 1.1%
vs
Sector Avg 16.0%
WHLM Sector
Current Ratio
WHLM 1.7x
vs
Sector Avg 1.5x
WHLM Sector
Debt/Equity
WHLM 0.0x
vs
Sector Avg 0.7x
WHLM Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Wilhelmina International, Inc. Stock Overvalued? WHLM Valuation Analysis 2026

Based on fundamental analysis, Wilhelmina International, Inc. has mixed fundamental signals relative to the Services sector in 2026.

Return on Equity
1.1%
Sector avg: 16%
Net Profit Margin
2.9%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Wilhelmina International, Inc. Balance Sheet: WHLM Debt, Cash & Liquidity

Current Ratio
1.74x
Quick Ratio
1.74x
Debt/Equity
0.00x
Debt/Assets
39.5%
Interest Coverage
85.00x
Long-term Debt
$0.0

WHLM Revenue & Earnings Growth: 5-Year Financial Trend

WHLM 5-year financial data: Year 2019: Revenue $77.9M, Net Income N/A, EPS N/A. Year 2020: Revenue $75.5M, Net Income -$4.8M, EPS $-0.92. Year 2021: Revenue $56.8M, Net Income -$4.9M, EPS $-0.96. Year 2022: Revenue $17.8M, Net Income $4.5M, EPS $0.88. Year 2023: Revenue $17.8M, Net Income $3.5M, EPS $0.68.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Wilhelmina International, Inc.'s revenue has declined by 77% over the 5-year period, indicating business contraction. The most recent EPS of $0.08 reflects profitable operations.

WHLM Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-22.6%
Free cash flow / Revenue

WHLM Quarterly Earnings & Performance

Quarterly financial performance data for Wilhelmina International, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2025 $4.6M $91.0K $0.02
Q1 2025 $4.2M $91.0K $0.02
Q3 2024 $4.5M -$14.0K $0.06
Q2 2024 $4.5M -$14.0K $0.00
Q1 2024 $4.2M $91.0K $0.02
Q3 2023 $4.4M -$14.0K $0.07
Q2 2023 $4.5M -$14.0K $0.00
Q1 2023 $4.5M $159.0K $0.03

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Wilhelmina International, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$2.1M
Cash generated from operations
Stock Buybacks
$891.0K
Shares repurchased (TTM)
Capital Expenditures
$16.0K
Investment in assets
Dividends
None
No dividend program

WHLM SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Wilhelmina International, Inc. (CIK: 0001013706)

📋 Recent SEC Filings

Date Form Document Action
Aug 13, 2025 10-Q wilhelmina_i10q-063025.htm View →
Jun 12, 2025 8-K wilhelmina_8k.htm View →
May 14, 2025 10-Q wilhelmina_i10q-033125.htm View →
Apr 29, 2025 DEF 14A wilhelmina_def14a.htm View →
Mar 27, 2025 10-K wilhelmina_i10k-123124.htm View →

Frequently Asked Questions about WHLM

What is the AI rating for WHLM?

Wilhelmina International, Inc. (WHLM) has an AI rating of SELL with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are WHLM's key strengths?

Claude: Zero long-term debt and strong balance sheet provides financial cushion. Adequate liquidity position with 1.74x current ratio and $6.7M cash reserves.

What are the risks of investing in WHLM?

Claude: Critical: Negative operating cash flow of -$2.1M indicates cash burn despite reported profitability—business is not self-sustaining. Suspicious 149.1% gross margin suggests accounting adjustments or revenue recognition issues masking underlying weakness.

What is WHLM's revenue and growth?

Wilhelmina International, Inc. reported revenue of $9.2M.

Does WHLM pay dividends?

Wilhelmina International, Inc. does not currently pay dividends.

Where can I find WHLM SEC filings?

Official SEC filings for Wilhelmina International, Inc. (CIK: 0001013706) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is WHLM's EPS?

Wilhelmina International, Inc. has a diluted EPS of $0.05.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is WHLM a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Wilhelmina International, Inc. has a SELL rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is WHLM stock overvalued or undervalued?

Valuation metrics for WHLM: ROE of 1.1% (sector avg: 16%), net margin of 2.9% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy WHLM stock in 2026?

Our dual AI analysis gives Wilhelmina International, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is WHLM's free cash flow?

Wilhelmina International, Inc.'s operating cash flow is $-2.1M, with capital expenditures of $16.0K. FCF margin is -22.6%.

How does WHLM compare to other Services stocks?

Vs Services sector averages: Net margin 2.9% (avg: 10%), ROE 1.1% (avg: 16%), current ratio 1.74 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 19, 2026 | Data as of: 2025-06-30 | Powered by Claude AI