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Professional Diversity Network (IPDN)

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Earnings summaries and quarterly performance for Professional Diversity Network.

Recent press releases and 8-K filings for IPDN.

Professional Diversity Network, Inc. Announces Q3 2025 Financial Results and Strategic Pivot
IPDN
Earnings
New Projects/Investments
Demand Weakening
  • Professional Diversity Network, Inc. is initiating a strategic pivot towards developing a concept for a global Real World Asset Exchange (RWA Exchange).
  • For the third quarter ended September 30, 2025, total revenues increased 2.2% to approximately $1.732 million , driven by a 96.9% increase in RemoteMore revenue to $768,000 , but partially offset by a 26.6% decrease in TalentAlly Network revenues to $883,000 due to reduced corporate spending on diversity, equity, and inclusion initiatives.
  • General and administrative expenses for Q3 2025 increased 262.5% to approximately $2.65 million, primarily due to a $1.65 million consulting fee related to the new RWA service initiative.
  • The company reported a net loss from continuing operations of approximately $2.375 million for Q3 2025, compared to a net loss of $422,000 in the prior year period , resulting in a net loss per share of $(0.83). For the nine months ended September 30, 2025, net loss per share was approximately $1.58.
Nov 14, 2025, 9:04 PM
Professional Diversity Network, Inc. Establishes Japanese Subsidiary for Asia Expansion
IPDN
New Projects/Investments
  • Professional Diversity Network, Inc. (IPDN) announced the establishment of a wholly owned subsidiary in Tokyo, Japan on October 13, 2025.
  • This new subsidiary will serve as the company's regional headquarters for Web3.0 and entertainment-related initiatives in Asia.
  • The strategic focus areas for the Japanese subsidiary include Real-World Asset Tokenization (RWA), Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs), and Distributed Storage Technology.
  • The establishment of the subsidiary marks a significant milestone in IPDN's globalization strategy and aims to strengthen its presence in Asia.
Oct 14, 2025, 8:34 PM