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Companies $IPDN
$1.90 +$0.05 (2.7%) Pre-market
Professional Diversity Network Inc logo

Professional Diversity Network Inc

ipdn.com

What Do They Do?

Runs recruitment and professional networking services for employers and job seekers, and provides companies with developers for customized software work.

How Do They Make Money?

Recruitment is largest source at 53% of revenue: employers and recruiters buy job advertising, postings, hiring campaigns and events; direct contracts are paid in full after services begin unless installments are agreed. Membership fees are collected upfront or monthly; companies pay for custom software after services begin, and partner organizations pay fees for job postings.

revenue
SegmentShareRevenue
Membership Fees and Related Services
Recurring
5.2%
FY2022: 7.7%
Recruitment Services
53%
FY2022: 58%
Contracted Software Development
Recurring

42%
FY2022: 32%
Consumer Advertising and Marketing Solutions
Sold outright
0.3%
FY2022: 2.0%

Who Are Their Customers?

Employers and recruiters are approached directly, while partner organizations host job boards for their members and customers. NAPW sells memberships by phone and online; RemoteMore contracts with companies that need custom software.

Do Revenues Turn Into Profits?

No. It lost $6.5M in FY2025.

Operating income, FY2025
−99% of revenue
▲ +168% (Loss) vs FY2024 (−$2.4M, −36%)
Net income, FY2025
−99% of revenue
▲ +157% (Loss) vs FY2024 (−$2.5M, −37%)
Free cash flow, FY2025
−32% of revenue
▼ −17% (Loss) vs FY2024 (−$2.5M, −37%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▼ −28%
vs $1.6M in Q2 FY2025
Net income
▲ +259% (Loss)
vs −$476K in Q2 FY2025
Recruitment Services share of revenue vs 53.6% in Q2 FY2025
  • Jul 6, 2026 Sold NAPW and IAW subsidiaries The buyer paid the purchase price and the sale closed.
  • Jun 9, 2026 Nasdaq notified the company of a minimum bid-price deficiency The shares stayed listed during a 180-day period to regain compliance.

Flat. Revenue was $6.5M in FY2025, about the same as the $6.1M of FY2021.

Digital-asset initiatives The latest report adds digital-asset initiatives—including musical copyrights and real-world asset tokenization—to a business the older report described as professional networking and diversity recruitment.

Revenue over time
Membership Fees and Related Services Recruitment Services Contracted Software Development Consumer Advertising and Marketing Solutions
$10M$5M$0

Who Do They Compete With?

Competes with LinkedIn, Indeed, Zip Recruiter, Diversityjobs.com, Workplacediversity.com, Facebook, Google, Microsoft, Twitter, Career Builder, and Taleo

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