Where Food Comes From Q2 revenue up 4% to $6.4M; net income down 8% to $489K, EPS flat at $0.09

Where Food Comes From, Inc.

2024-Q2 EPS reported $0.12 revenue$11,977,000

Verification and certification revenue up 10% to $5.3M; product sales down 13% to $0.8M.
Diluted EPS flat at $0.09; adjusted EBITDA $0.8M vs $0.9M in Q2 2023.
Six-month revenue up 5% to $12.0M; net income up 2% to $667K ($0.12 diluted EPS).
Cash from operations improved to $1.9M from $1.3M; bought back 149,419 shares YTD.
CEO cites growth in Upcycled Food Certification and biosecurity as key drivers.

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