Professional Diversity Network Inc - Understand $ipdn stock

$IPDN Market Cap: $5.735 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$7.320M

TTM

Gross Margin

60.58%

TTM

Net Earnings

-$3.175M

TTM

Current Assets

$2.038M

Q2 2024

Current Liabilities

$3.550M

Q2 2024

Current Ratio

57.4%

Q2 2024

Total Assets

$5.799M

Q2 2024

Total Liabilities

$3.790M

Q2 2024

Book Value

$2.009M

Q2 2024

Cash

$619.3K

Q2 2024

P/E

-1.806

Sep 18, 2024 EST

Free Cash Flow

-$2.697M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$7.699M	$8.314M	$6.099M	$4.460M	$5.030M	$7.620M	$16.08M	$26.23M	$38.61M	$11.64M	$4.035M	$6.154M	$5.570M	$4.380M
YoY Change	-7.4%	36.33%	36.74%	-11.33%	-33.99%	-52.61%	-38.7%	-32.07%	231.63%	188.59%	-34.44%	10.49%	27.17%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$7.699M	$8.314M	$6.099M	$4.460M	$5.030M	$7.620M	$16.08M	$26.23M	$38.61M	$11.64M	$4.035M	$6.154M	$5.570M	$4.380M
Cost Of Revenue	$3.461M	$4.260M	$1.524M	$790.0K	$880.0K	$1.000M	$2.690M	$3.080M	$5.576M	$2.154M	$1.153M	$805.4K	$820.0K	$720.0K
Gross Profit	$4.238M	$4.054M	$4.575M	$3.670M	$4.140M	$6.620M	$13.39M	$23.14M	$33.04M	$9.490M	$2.882M	$5.349M	$4.750M	$3.660M
Gross Profit Margin	55.05%	48.76%	75.01%	82.29%	82.31%	86.88%	83.27%	88.22%	85.56%	81.5%	71.43%	86.91%	85.28%	83.56%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Selling, General & Admin	$8.153M	$6.380M	$7.080M	$8.340M	$6.430M	$10.17M	$18.88M	$24.65M	$38.17M	$14.43M	$4.615M	$2.705M	$1.740M	$1.560M
YoY Change	27.79%	-9.89%	-15.11%	29.7%	-36.77%	-46.13%	-23.41%	-35.42%	164.48%	212.74%	70.63%	55.44%	11.54%
% of Gross Profit	192.37%	157.37%	154.76%	227.25%	155.31%	153.63%	141.0%	106.53%	115.54%	152.09%	160.13%	50.57%	36.63%	42.62%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$624.0K	$9.012K	$385.2K	$170.0K	$700.0K	$2.600M	$3.010M	$3.320M	$3.651M	$1.084M	$281.6K	$112.9K	$110.0K	$90.00K
YoY Change	6824.1%	-97.66%	126.56%	-75.71%	-73.08%	-13.62%	-9.34%	-9.06%	236.64%	285.04%	149.37%	2.68%	22.22%
% of Gross Profit	14.72%	0.22%	8.42%	4.63%	16.91%	39.27%	22.48%	14.35%	11.05%	11.43%	9.77%	2.11%	2.32%	2.46%
Operating Expenses	$8.777M	$6.380M	$7.465M	$8.510M	$7.140M	$12.77M	$21.89M	$27.98M	$38.17M	$14.43M	$4.615M	$2.705M	$1.850M	$1.650M
YoY Change	37.57%	-14.54%	-12.28%	19.19%	-44.09%	-41.66%	-21.77%	-26.7%	164.48%	212.74%	70.63%	46.2%	12.12%
Operating Profit	-$4.539M	-$3.102M	-$2.890M	-$4.840M	-$3.000M	-$6.150M	-$8.500M	-$4.840M	-$33.93M	-$5.598M	-$2.010M	$2.531M	$2.900M	$2.010M
YoY Change	46.32%	7.31%	-40.28%	61.33%	-51.22%	-27.65%	75.62%	-85.74%	506.19%	178.44%	-179.43%	-12.72%	44.28%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$12.93K		$8.250K	$0.00	$10.00K	$20.00K	$0.00	-$1.960M	$84.73K	$3.370K	$155.1K	$172.4K	-$150.0K	-$150.0K
YoY Change				-100.0%	-50.0%		-100.0%	-2413.28%	2414.18%	-97.83%	-10.02%	-214.94%	0.0%
% of Operating Profit												6.81%	-5.17%	-7.46%
Other Income/Expense, Net	$12.93K	-$3.652K	-$250.00	$0.00	$20.00K	$0.00	$10.00K		-$38.04K	-$1.114M	-$137.0K	-$159.3K
YoY Change	-454.16%	1360.8%		-100.0%		-100.0%			-96.59%	713.11%	-14.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Pretax Income	-$4.526M	-$3.106M	-$2.882M	-$4.190M	-$2.970M	-$14.52M	-$23.26M	-$5.400M	-$33.88M	-$6.720M	-$1.817M	$2.372M	$2.750M	$1.870M
YoY Change	45.73%	7.74%	-31.21%	41.08%	-79.55%	-37.58%	330.74%	-84.06%	404.09%	269.81%	-176.62%	-13.76%	47.06%
Income Tax	-$139.4K	-$13.19K	-$21.54K	-$40.00K	-$180.0K	-$1.350M	-$900.0K	-$1.290M	$1.919M	-$3.062M	-$380.8K		$0.00	$0.00
% Of Pretax Income													0.0%	0.0%
Net Earnings	-$4.311M	-$2.603M	-$2.757M	-$4.350M	-$3.840M	-$15.08M	-$22.29M	-$4.110M	-$35.80M	-$3.658M	-$1.436M	$2.372M	$2.750M	$1.870M
YoY Change	65.65%	-5.6%	-36.62%	13.28%	-74.54%	-32.35%	442.34%	-88.52%	878.54%	154.67%	-160.56%	-13.76%	47.06%
Net Earnings / Revenue	-56.0%	-31.3%	-45.21%	-97.53%	-76.34%	-197.9%	-138.62%	-15.67%	-92.7%	-31.42%	-35.6%	38.54%	49.37%	42.69%
Basic Earnings Per Share	-$0.43	-$0.39	-$0.41
Diluted Earnings Per Share	-$0.40	-$0.31	-$190.9K	-$385.6K	-$586.3K	-$3.293M	-$5.686M	-$1.976M	-$21.99M	-$3.660M	-$1.823M	$5.152M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Cash & Short-Term Investments	$627.6K	$1.237M	$3.403M	$2.120M	$630.0K	$110.0K	$2.930M	$6.070M	$2.570M	$6.720M	$18.74M	$1.120M	$2.630M	$1.670M
YoY Change	-49.25%	-63.65%	60.5%	236.51%	472.73%	-96.25%	-51.73%	136.19%	-61.76%	-64.14%	1573.21%	-57.41%	57.49%
Cash & Equivalents	$627.6K	$1.237M	$3.403M	$2.120M	$630.0K	$110.0K	$2.930M	$6.070M	$2.070M	$1.520M	$18.74M	$870.0K	$2.250M	$910.0K
Short-Term Investments								$0.00	$500.0K	$5.200M	$0.00	$250.0K	$380.0K	$750.0K
Other Short-Term Assets	$556.7K	$352.4K	$455.4K	$400.0K	$350.0K	$1.830M	$1.810M	$1.380M	$1.540M	$1.680M	$100.0K	$60.00K	$0.00	$60.00K
YoY Change	57.97%	-22.61%	13.85%	14.29%	-80.87%	1.1%	31.16%	-10.39%	-8.33%	1580.0%	66.67%		-100.0%
Inventory
Prepaid Expenses
Receivables	$1.134M	$1.318M	$1.389M	$1.010M	$720.0K	$820.0K	$910.0K	$2.170M	$2.510M	$3.450M	$1.220M	$1.920M	$1.600M	$1.130M
Other Receivables	$50.00K	$350.0K	$350.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$2.368M	$3.257M	$5.597M	$3.520M	$1.700M	$2.760M	$5.640M	$9.620M	$6.630M	$11.84M	$20.05M	$3.110M	$4.230M	$2.840M
YoY Change	-27.29%	-41.8%	59.01%	107.06%	-38.41%	-51.06%	-41.37%	45.1%	-44.0%	-40.95%	544.69%	-26.48%	48.94%
Property, Plant & Equipment	$340.5K	$400.7K	$456.7K	$500.0K	$110.0K	$60.00K	$220.0K	$280.0K	$440.0K	$870.0K	$50.00K	$30.00K	$30.00K	$20.00K
YoY Change	-15.01%	-12.27%	-8.66%	354.55%	83.33%	-72.73%	-21.43%	-36.36%	-49.43%	1640.0%	66.67%	0.0%	50.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$1.788M	$1.614M	$644.8K	$3.910M	$3.890M	$1.070M	$1.120M	$1.680M	$1.640M	$1.230M	$390.0K	$860.0K	$50.00K	$20.00K
YoY Change	10.8%	150.25%	-83.51%	0.51%	263.55%	-4.46%	-33.33%	2.44%	33.33%	215.38%	-54.65%	1620.0%	150.0%
Total Long-Term Assets	$3.958M	$3.579M	$3.388M	$5.150M	$4.890M	$2.680M	$13.35M	$31.52M	$34.80M	$62.75M	$1.970M	$2.020M	$950.0K	$920.0K
YoY Change	10.6%	5.64%	-34.22%	5.32%	82.46%	-79.93%	-57.65%	-9.43%	-44.54%	3085.28%	-2.48%	112.63%	3.26%
Total Assets	$6.327M	$6.836M	$8.985M	$8.670M	$6.590M	$5.440M	$18.99M	$41.14M	$41.43M	$74.59M	$22.02M	$5.130M	$5.180M	$3.760M
YoY Change
Accounts Payable	$524.9K	$338.6K	$248.6K	$730.0K	$800.0K	$1.700M	$1.120M	$2.170M	$4.470M	$4.940M	$220.0K	$270.0K	$0.00	$130.0K
YoY Change	55.01%	36.2%	-65.95%	-8.75%	-52.94%	51.79%	-48.39%	-51.45%	-9.51%	2145.45%	-18.52%		-100.0%
Accrued Expenses	$950.5K	$1.175M	$1.960M	$1.670M	$760.0K	$670.0K	$1.170M	$960.0K	$840.0K	$550.0K	$40.00K	$90.00K	$250.0K
YoY Change	-19.13%	-40.04%	17.38%	119.74%	13.43%	-42.74%	21.88%	14.29%	52.73%	1275.0%	-55.56%	-64.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$500.0K	$0.00	$0.00	$450.0K	$1.830M	$0.00	$0.00	$0.00	$0.00
YoY Change					-100.0%			-100.0%	-75.41%
Long-Term Debt Due										$20.00K
YoY Change
Total Short-Term Liabilities	$3.475M	$3.943M	$5.180M	$4.680M	$3.820M	$6.140M	$6.780M	$8.620M	$15.83M	$17.84M	$1.520M	$850.0K	$400.0K	$130.0K
YoY Change	-11.86%	-23.88%	10.67%	22.51%	-37.79%	-9.44%	-21.35%	-45.55%	-11.27%	1073.68%	78.82%	112.5%	207.69%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.490M	$1.490M	$1.510M
YoY Change											-100.0%	0.0%	-1.32%
Other Long-Term Liabilities	$283.1K	$441.2K	$534.9K	$460.0K	$0.00	$10.00K	$110.0K	$90.00K	$470.0K	$30.00K
YoY Change	-35.84%	-17.53%	16.29%		-100.0%	-90.91%	22.22%	-80.85%	1466.67%
Total Long-Term Liabilities	$283.1K	$441.2K	$534.9K	$460.0K	$0.00	$10.00K	$110.0K	$90.00K	$470.0K	$30.00K	$0.00	$1.490M	$1.490M	$1.510M
YoY Change	-35.84%	-17.53%	16.29%		-100.0%	-90.91%	22.22%	-80.85%	1466.67%		-100.0%	0.0%	-1.32%
Total Liabilities	$3.278M	$4.290M	$6.194M	$5.330M	$4.040M	$6.550M	$8.690M	$12.36M	$21.24M	$20.95M	$1.520M	$2.340M	$1.900M	$1.640M
YoY Change	-23.58%	-30.74%	16.22%	31.93%	-38.32%	-24.63%	-29.69%	-41.81%	1.38%	1278.29%	-35.04%	23.16%	15.85%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	10.62M	8.195M shares	7.222M shares
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $5.7349 Million

About Professional Diversity Network Inc

Professional Diversity Network, Inc. operates online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse professionals. The company is headquartered in Chicago, Illinois and currently employs 45 full-time employees. The company went IPO on 2013-03-05. The firm serves a variety of such communities, including Women, Hispanic-Americans, African-Americans, Asian-Americans, persons with disabilities, Military Professionals, and Lesbian, Gay, Bisexual, Transgender and Queer (LGBTQ+). The firm operates through three segments: Professional Diversity Network (PDN Network), National Association of Professional Women (NAPW Network) and RemoteMore USA (RemoteMore). The PDN Network segment includes online professional networking communities with career resources tailored to the needs of various diverse cultural groups. The NAPW Network segment is a women-only professional networking organization. The RemoteMore segment provides companies with talented engineers to provide solutions to their software needs.

Industry: Services-Computer Programming, Data Processing, Etc. Peers: Cfn Enterprises Inc Alphabet Inc AutoWeb, Inc. Beyond Commerce Inc Paltalk Inc Good Gaming Inc Kubient Inc Onfolio Holdings Inc