Professional Diversity Network (IPDN)

Company Profile

Professional Diversity Network, Inc. (PDN) is a developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse professionals. Through an online platform and its relationship recruitment affinity groups, the Company provides its employer clients a means to identify and acquire diverse talent and assist them with their efforts to recruit diverse employees. The Company's mission is to utilize the collective strength of its affiliate companies, members, partners and unique proprietary platform to be the standard in business diversity recruiting, networking and professional development for women, minorities, veterans, LGBT and disabled persons globally.

Company profile

Ticker

IPDN

Exchange

NASDAQ

Website

www.prodivnet.com

CEO

Xin He

Incorporated

Delaware

Location

Illinois

Fiscal year end

Dec 31

Sector

Information > All Other Telecommunications

Industry (SIC)

Services - Computer Programming, Data Processing, Etc.

Alphabet • Meta Platforms • Baidu • Rackspace Technology • IHS Markit • Sabre • IAC • Match • Bumble • Twitter ...

Former names

Professional Diversity Network, LLC

SEC CIK

0001546296

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

NAPW, Inc. • RemoteMore USA, Inc. • Expo Experts Events, LLC • PDN (Hong Kong) International Education Ltd • PDN(Hong Kong)International Education Information Co., Ltd • PDN (China) International ...

IRS number

830374250

IPDN stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

23 May 23

15 May 23

Results of Operations and Financial Condition

15 May 23

DEFA14A

Additional proxy soliciting materials

Results of Operations and Financial Condition

31 Mar 23

8-K

Unregistered Sales of Equity Securities

15 Mar 23

424B3

Prospectus supplement

31 Jan 23

EFFECT

Notice of effectiveness

31 Jan 23

Latest ownership filings

View all

Notice of proposed sale of securities

Megan Elizabeth Bozzuto

6 Jun 22

Financial summary

Financial statements Chart IPDN financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	964.31 k	964.31 k	964.31 k	964.31 k	964.31 k	964.31 k
Cash burn (monthly)	90.82 k	167.44 k	375.59 k	277.74 k	141.26 k	198.87 k
Cash used (since last report)	194.58 k	358.73 k	804.68 k	595.04 k	302.63 k	426.07 k
Cash remaining	769.73 k	605.58 k	159.62 k	369.27 k	661.68 k	538.23 k
Runway (months of cash)	8.5	3.6	0.4	1.3	4.7	2.7

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

IPDN institutional ownership history Ownership history

51.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	11	8	+37.5%
Opened positions	3	0	NEW
Closed positions	0	1	EXIT
Increased positions	3	2	+50.0%
Reduced positions	1	1	–

13F shares	Current	Prev Q	Change
Total value	139.43 mm	6.78 mm	+1956.5%
Total shares	5.31 mm	5.27 mm	+0.9%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Cosmic Forward	5.14 mm	$6.68 mm	0.0%
Vanguard	78.32 k	$81.07 mm	0.0%
Geode Capital Management	39.67 k	$41.00 k	+13.3%
STT State Street	24.17 k	$25.02 mm	NEW
Susquehanna International	15.49 k	$16.03 mm	NEW
UBS UBS Group AG - Registered Shares	9.13 k	$9.50 mm	+41.0%
Tower Research Capital	7.00 k	$7.00 k	-3.2%
Advisor	1.00 k	$1.00 mm	0.0%
Bartlett & Co.	250.00	$0.00	0.0%
WFC Wells Fargo & Co.	65.00	$67.00 k	+4.8%

Largest transactions	Shares	Bought/sold	Change
STT State Street	24.17 k	+24.17 k	NEW
Susquehanna International	15.49 k	+15.49 k	NEW
Geode Capital Management	39.67 k	+4.65 k	+13.3%
UBS UBS Group AG - Registered Shares	9.13 k	+2.65 k	+41.0%
Tower Research Capital	7.00 k	-232.00	-3.2%
BAC Bank Of America	26.00	+26.00	NEW
WFC Wells Fargo & Co.	65.00	+3.00	+4.8%
Vanguard	78.32 k	0.00	0.0%
Proequities	0.00	0.00
Bartlett & Co.	250.00	0.00	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

IPDN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Jun 23	Yu-Jin Chou	Common Stock	Sell	Dispose S	No	No	3	1,500	4.50 k	3,334
31 May 23	Yu-Jin Chou	Common Stock	Sell	Dispose S	No	No	3.8	2,000	7.60 k	4,834
30 May 23	Yu-Jin Chou	Common Stock	Sell	Dispose S	No	No	4	857	3.43 k	6,834
25 May 23	Yu-Jin Chou	Common Stock	Sell	Dispose S	No	No	4.51	2,848	12.84 k	7,691
22 May 23	Yu-Jin Chou	Common Stock	Sell	Dispose S	No	No	4.5	1,415	6.37 k	10,539
19 May 23	Yu-Jin Chou	Common Stock	Sell	Dispose S	No	No	4.57	1,502	6.86 k	11,954
18 May 23	Yu-Jin Chou	Common Stock	Sell	Dispose S	No	No	4.51	44	198.44	13,456
9 Dec 22	Larry S Aichler	Restrict Stock Units	Sell	Dispose S	No	No	0.6231	15,000	9.35 k	31,000
8 Dec 22	Larry S Aichler	Restrict Stock Units	Sell	Dispose S	No	No	0.7124	15,000	10.69 k	46,000
6 Dec 22	Larry S Aichler	Restrict Stock Units	Sell	Dispose S	No	No	0.7296	10,000	7.30 k	61,000