WESTWOOD HOLDINGS GROUP, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $97.8M | $94.7M | $89.8M | $68.7M | $73.1M | $65.1M | $84.1M | $122.3M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $11.3M | $11.9M | $12.5M | $9.1M | $8.1M | $8.9M | $9.5M | $9.6M |
| Operating Income | $5.0M | $830.0K | $6.0M | $-4.9M | $6.0M | $-3.4M | $4.6M | $35.9M |
| Operating Margin | 5.1% | 0.9% | 6.7% | -7.1% | 8.2% | -5.3% | 5.5% | 29.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $9.7M | $4.0M | $13.4M | $-5.2M | $14.0M | $-7.6M | $9.4M | $36.5M |
| Income Tax Expense | $2.6M | $1.8M | $2.9M | $-567.0K | $4.2M | $1.4M | $3.5M | $9.7M |
| Net Income | $7.1M | $2.2M | $10.6M | $-4.6M | $9.8M | $-8.9M | $5.9M | $26.8M |
| Net Margin | 7.2% | 2.3% | 11.8% | -6.7% | 13.4% | -13.7% | 7.0% | 21.9% |
| EPS (Basic) | $0.84 | $0.27 | $1.20 | $-0.59 | $1.24 | $-1.12 | $0.70 | $3.20 |
| EPS (Diluted) | $0.79 | $0.26 | $1.17 | $-0.59 | $1.23 | $-1.12 | $0.70 | $3.13 |
| Shares Outstanding (Basic) | 8.4M | 8.2M | 8.0M | 7.8M | 7.9M | 8.0M | 8.4M | 8.4M |
| Shares Outstanding (Diluted) | 8.9M | 8.5M | 8.1M | 7.8M | 7.9M | 8.0M | 8.5M | 8.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |