WHG (WHG) financial statements
WHG reported revenue of $98M in fiscal 2025, down 2.5% a year over 9 years.
Net income was $7M and the operating margin 5.1%, against 27.6% in 2016.
Free cash flow was $16M, and the company returned $5M in dividends.
The diluted share count rose 9% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from WHG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $123M | $134M | $122M | $84M | $65M | $400,000 | $69M | $90M | $95M | $98M |
| Selling, general and admin | $11M | $12M | $12M | $12M | $10M | $9M | $11M | $16M | $15M | $14M |
| Operating income | $34M | $34M | $36M | $5M | -$3M | $6M | -$5M | $6M | $830,000 | $5M |
| Pre-tax income | $34M | $34M | $36M | $9M | -$8M | $14M | -$5M | $13M | $4M | $10M |
| Income tax | $11M | $14M | $10M | $3M | $1M | $4M | -$567,000 | $3M | $2M | $3M |
| Net income | $23M | $20M | $27M | $6M | -$9M | $10M | -$5M | $11M | $2M | $7M |
| EPS (diluted) | $2.77 | $2.38 | $3.13 | $0.70 | -$1.12 | $1.23 | -$0.59 | $1.17 | $0.26 | $0.79 |
| Diluted shares | 8M | 8M | 9M | 8M | 8M | 8M | 8M | 8M | 9M | 9M |
| Operating margin | 27.6% | 25.3% | 29.4% | 5.5% | -5.3% | 1489.8% | -7.1% | 6.7% | 0.9% | 5.1% |
| Net margin | 18.4% | 14.9% | 21.9% | 7.0% | -13.7% | 2440.8% | -6.7% | 11.8% | 2.3% | 7.2% |
Balance sheet
Fiscal years, from WHG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $90M | $106M | $118M | $100M | $83M | $80M | $39M | $53M | $47M | $48M |
| Receivables | $23M | $22M | $18M | $13M | $9M | $11M | $14M | $14M | $14M | $17M |
| Total current assets | $116M | $138M | $140M | $117M | $96M | $94M | $58M | $72M | — | — |
| Property, plant and equipment | $4M | $4M | $4M | $4M | $3M | $2M | $2M | $1M | $951,000 | $536,000 |
| Goodwill | $27M | $27M | $20M | $20M | $16M | $16M | $36M | $40M | $40M | $40M |
| Total assets | $180M | $193M | $199M | $179M | $149M | $140M | $146M | $155M | $150M | $162M |
| Total current liabilities | $30M | $32M | $27M | $21M | $12M | $16M | $18M | $19M | — | — |
| Total liabilities | $34M | $36M | $38M | $30M | $18M | $22M | $36M | $33M | $28M | $36M |
| Shareholders' equity | $146M | $156M | $161M | $148M | $131M | $118M | $111M | $122M | $122M | $126M |
| Net debt | -$34M | -$54M | -$52M | -$50M | -$13M | -$15M | -$24M | -$20M | -$19M | -$26M |
Cash flow
Fiscal years, from WHG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $47M | $48M | $31M | $32M | -$10M | $19M | $51M | -$1M | $21M | $19M |
| Capital spending | $2M | $1M | $991,000 | $4M | $0 | $15,000 | $0 | $0 | $4M | $3M |
| Free cash flow | $46M | $47M | $30M | $29M | -$10M | $19M | $51M | -$1M | $18M | $16M |
| Stock-based compensation | $16M | $16M | $15M | $10M | $7M | $6M | $6M | $7M | $6M | $5M |
| Dividends paid | $19M | $22M | $25M | $26M | $11M | $23M | $6M | $6M | $5M | $5M |
| Share buybacks (net) | -$6M | $0 | -$4M | -$2M | -$13M | -$3M | -$3M | $0 | -$1M | $0 |
| Free cash flow margin | 37.0% | 35.0% | 24.9% | 33.9% | -15.0% | 4842.5% | 75.0% | -1.3% | 18.6% | 16.2% |
| Dividends per share | $2.38 | $2.61 | $2.88 | $3.08 | $1.38 | $2.89 | $0.72 | $0.68 | $0.64 | $0.60 |
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Open WHG in InvestinglyQuestions
What was WHG's revenue in 2025?
$98M in fiscal 2025, from its 10-K filing.
How much free cash flow does WHG generate?
$16M in fiscal 2025 (operating cash flow minus capital spending).
From WHG's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.