secwatch.observer — SEC 8-K summary
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Issuer:     Where Food Comes From, Inc. (WFCF)
CIK:        0001360565
Form:       8-K
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0001493152-24-031189
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1360565/000149315224031189/0001493152-24-031189-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1360565/000149315224031189/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-031189

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer