secwatch.observer — SEC 8-K summary
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Issuer:     Where Food Comes From, Inc. (WFCF)
CIK:        0001360565
Form:       8-K
Filed at:   2025-02-24T23:59:59+00:00
Accession:  0001493152-25-008082
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1360565/000149315225008082/0001493152-25-008082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1360565/000149315225008082/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-008082

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