Professional Diversity Network, Inc.IPDN
What Professional Diversity Network, Inc. does.
The Company is a dynamic operator of professional networks with a focus on talent acquisition and professional development. Our networks provide access to a robust audience across multiple demographics. We serve 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+). Our goal is (i) to assist our registered users and members in their efforts to connect with like-minded individuals and identify career opportunities within the network and (ii) connect members with prospective employers while helping the employers address their workforce needs. We believe that the combination of our solutions allows us to approach recruiting and professional networking uniquely and thus create enhanced value for our members and clients.
During fiscal year 2025, the Company initiated a strategic transformation to expand beyond its traditional online professional networking and talent marketplace operations and into Web3.0, copyrights, digital asset, and real-world asset (“RWA”) platform initiatives. This transformation reflects management’s objective to diversify revenue streams, integrate emerging technologies, and position the Company within blockchain-enabled digital ecosystems, particularly in Asia-Pacific markets.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $4.5M | $6.1M | $8.3M | $7.7M | $6.7M | $6.5M |
| Net income | -$4.4M | -$2.8M | -$2.6M | -$4.3M | -$2.5M | -$6.5M |
| Free cash flow | -$3.5M | -$1.9M | -$2.3M | -$3.1M | -$2.5M | -$2.1M |
More on IPDN.
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Figures from Professional Diversity Network, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.