IPDN on Nasdaq

Professional Diversity Network, Inc.

The Company is a dynamic operator of professional networks with a focus on talent acquisition and professional development.4 From its latest annual report

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Last updated Oct 19, 2026.

Overview

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  • TickerIPDN on Nasdaq2
  • IndustryServices-Computer Programming, Data Processing, Etc.2
  • HeadquartersChicago, United States2
  • Incorporated inDE3
  • Business address55 East Monroe Street, Suite 2120, Chicago, Il 606033
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formCorporation2
  • LEI549300NUI0D0LPHBZ3552
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O Corporation Service Company, 19808 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 51029682

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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.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-98.6%Operating margin5
-98.5%Net margin5
-2.7%Revenue growth, 20255
-54.9%Return on equity5
-$2.1MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Recruitment Services brought in 53% of the revenue Professional Diversity Network, Inc. broke down this way in fiscal 2025.

  1. Recruitment Services$3.5M553%down 22% from 2024
  2. Contracted Software Development$2.7M542%up 49% from 2024
  3. Membership Fees and Related Services$342.4K55%down 20% from 2024
  4. Consumer Advertising and Marketing Solutions$21.2K50%down 44% from 2024
Products and services by year
Products and services20242025
Recruitment Services$4.4M$3.5M
Contracted Software Development$1.8M$2.7M
Membership Fees and Related Services$428.6K$342.4K
Consumer Advertising and Marketing Solutions$37.7K$21.2K

Business segments

TalentAlly Network brought in 53% of the revenue Professional Diversity Network, Inc. broke down this way in fiscal 2025.

  1. TalentAlly Network$3.5M553%down 22% from 2024
  2. Remote More$2.7M542%up 49% from 2024
  3. National Association of Professional Women$342.4K55%down 20% from 2024
Business segments by year
Business segments20242025
TalentAlly Network$4.5M$3.5M
Remote More$1.8M$2.7M
National Association of Professional Women$428.6K$342.4K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue57¢$3.7M
  • Other costs43¢$2.8M

Out of $6.5M in revenue.5 The company lost money this year.

Financial statements

Revenue6789105$6.5M in 2025+30% since 2019
0$2.5M$5.0M$7.5M$10.0M2019: $5.0M$5.0M20192020: $4.5M$4.5M2020−11%2021: $6.1M$6.1M2021+37%2022: $8.3M$8.3M2022+36%2023: $7.7M$7.7M2023−7%2024: $6.7M$6.7M2024−13%2025: $6.5M$6.5M2025−3%
Operating income6789105-$6.5M in 2025+115% since 2019
-$8.0M-$6.0M-$4.0M-$2.0M02019: -$3.0M-$3.0M20192020: -$4.8M-$4.8M2020+62%2021: -$2.9M-$2.9M2021−40%2022: -$3.1M-$3.1M2022+7%2023: -$4.5M-$4.5M2023+46%2024: -$2.4M-$2.4M2024−47%2025: -$6.5M-$6.5M2025+168%
Net income6789105-$6.5M in 2025+68% since 2019
-$8.0M-$6.0M-$4.0M-$2.0M02019: -$3.8M-$3.8M20192020: -$4.4M-$4.4M2020+13%2021: -$2.8M-$2.8M2021−37%2022: -$2.6M-$2.6M2022−6%2023: -$4.3M-$4.3M2023+66%2024: -$2.5M-$2.5M2024−42%2025: -$6.5M-$6.5M2025+157%

Every line of the income statement as filed: the last 2 fiscal years, latest first.5

Period ending2025-12-312024-12-31
Revenue$6.5M$6.7M
Cost of revenues$3.7M$2.6M
Sales and marketing$1.9M$2.8M
General and administrative$7.2M$3.5M
Depreciation and amortization$157.9K$203.8K
Total costs and expenses$13.0M$9.1M
Loss from continuing operations-$6.5M-$2.4M
Interest and other income (expense), net-$58.8K-$184.2K
Other income (expense), net-$58.8K-$184.2K
Loss before income tax benefit-$6.5M-$2.6M
Income tax benefit (expense)$0-$6.3K
Loss from continuing operations, net of tax-$6.5M-$2.6M
Loss from discontinued operations$0$0
Net loss including non-controlling interests-$6.5M-$2.6M
Net loss attributable to non-controlling interests$60.4K$83.7K
Net loss attributable to Professional Diversity Network, Inc.-$6.5M-$2.5M
Foreign currency translation adjustment$0$0
Comprehensive loss-$6.5M-$2.5M
Continuing operations (in dollars per share)-$2-$2
Net loss per share (in dollars per share)-$2.11-$2.07
Basic and diluted (in shares)3.1M shares1.3M shares

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Leadership

Who has led Professional Diversity Network, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. James R. Kirsch2013–2015
  2. Rudy Martinez2013
  3. Katherine A. Butkevich2016
  4. Maoji Wang2017–2018

Chair

  1. James R. Kirsch2016–2018
  2. Jingbo Song2017–2018

President

  1. Star Jones2014–2015

Chief financial officer

  1. Myrna Newman2013
  2. David Mecklenburger2013–2015
  3. Jiangping Xiao2017–2018
  4. Charles Martin Obrien2020
  5. Larry S. Aichler2021–2023

Chief operating officer

  1. Matthew B. Proman2014
201520202025
Board members and other officers (30)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive OfficerXun Wu named Sep 17, 2025 to Jan 5, 202654
  • Executive Officer, DirectorYiran Gu named Sep 17, 2025 to Jan 5, 202654
  • DirectorHaixia Lu named Sep 17, 2025 to Jan 5, 202654
  • DirectorShaikh Ali Sultan Al Nuaimi named Dec 8, 2025 to Jan 5, 202654
  • DirectorSze Lok Patrick Wong named Dec 8, 2025 to Jan 5, 202654
  • DirectorTai Song named Sep 17, 2025 to Jan 5, 202654
  • DirectorWai Kee Cheung named Sep 17, 2025 to Jan 5, 202654
  • DirectorZhang Hao named Sep 17, 2025 to Jan 5, 202654
  • DirectorEloisa Sultan named Sep 17, 202555
  • DirectorLong Yi named Sep 17, 202555

Former names

  • Professional Diversity Network, LLCMay 23, 2012 to Mar 5, 20133

Timeline

  1. Apr 14, 2017New chief executive Maoji Wang becomes CEO14
  2. May 16, 2016New chief executive Katherine A. Butkevich becomes CEO15
  3. Sep 12, 2013New chief executive Rudy Martinez becomes CEO17
  4. Mar 5, 2013New chief executive James R. Kirsch becomes CEO16

Filings

227 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 97 major events, 36 insider forms, 14 large holders, 6 private raises, 54 other. The latest 20:

  1. Oct 13, 2026SCHEDULE 13G/A EDGAR
  2. Oct 6, 20268-K EDGAR
  3. Oct 2, 20268-K EDGAR
  4. Sep 30, 20268-K EDGAR
  5. Sep 11, 20268-K EDGAR
  6. Aug 14, 20268-K EDGAR
  7. Aug 14, 202610-Q EDGAR
  8. Aug 13, 20268-K EDGAR
  9. Aug 13, 2026424B4 EDGAR
  10. Aug 12, 2026EFFECT EDGAR
  11. Jul 28, 2026S-1/A EDGAR
  12. Jul 24, 20268-K EDGAR
  13. Jul 14, 20268-K EDGAR
  14. Jul 7, 2026S-1/A EDGAR
  15. Jul 6, 20268-K EDGAR
  16. Jun 26, 2026S-1 EDGAR
  17. Jun 23, 20268-K EDGAR
  18. Jun 22, 2026DEF 14A EDGAR
  19. Jun 11, 2026PRE 14A EDGAR
  20. Jun 11, 20268-K EDGAR

The 227 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

12 open-market trades by officers, directors and large owners since October 2021: 0 buys and 12 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 7, 2023Chou Yu-JinSecretarySale1,834$4.30$7.9KForm 4
Jun 6, 2023Chou Yu-JinSecretarySale1,500$3.50$5.2KForm 4
Jun 2, 2023Chou Yu-JinSecretarySale1,500$3.00$4.5KForm 4
May 31, 2023Chou Yu-JinSecretarySale2,000$3.80$7.6KForm 4
May 30, 2023Chou Yu-JinSecretarySale857$4.00$3.4KForm 4
May 25, 2023Chou Yu-JinSecretarySale2,848$4.51$12.8KForm 4
May 22, 2023Chou Yu-JinSecretarySale1,415$4.50$6.4KForm 4
May 19, 2023Chou Yu-JinSecretarySale1,502$4.57$6.9KForm 4
May 18, 2023Chou Yu-JinSecretarySale44$4.51$198Form 4
Dec 9, 2022AICHLER LARRY SChief Financial OfficerSale15,000$0.62$9.3KForm 4
Dec 8, 2022AICHLER LARRY SChief Financial OfficerSale15,000$0.71$10.7KForm 4
Dec 6, 2022AICHLER LARRY SChief Financial OfficerSale10,000$0.73$7.3KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Dec 30, 2025Raised $2.6 million in a private offering of equity Form D: 1 investor so far Form D
  2. Nov 27, 2025Raised $1.6 million in a private offering of equity Form D: 1 investor so far Form D
  3. Nov 24, 2025Raised $1.6 million in a private offering of equity Form D: 1 investor so far Form D
  4. Sep 12, 2025Filed a private offering of equity Form D: 1 investor so far Form D
  5. Sep 12, 2025Raised $1.8 million in a private offering of equity Form D: 1 investor so far Form D
  6. Sep 5, 2025Raised $3.7 million in a private offering of equity Form D: $20 million offered in all Form D

Sources

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