WFCF Q4 net income rises to $961K; full-year revenue up 2% to $25.7M

Where Food Comes From, Inc.

2024-FY EPS reported $0.40 revenue$25,746,000

Q4 total revenue flat at $6.7M; verification revenue $5.4M (−2%), product sales $922K (+6%).
Q4 net income $961K ($0.18 diluted EPS) vs $776K ($0.14) in prior year; includes $345K bitcoin unrealized gain.
Full-year revenue $25.7M (+2%); net income $2.1M ($0.40 diluted EPS) vs $2.2M ($0.39) in 2023.
Repurchased 273,057 shares for $3.3M in 2024; total shareholder returns since 2019 at $13.9M.
CEO cites cyclical herd contraction in beef offset by growth in CARE Certified, Upcycled, poultry, organic, dairy verifications.

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