Highest-materiality recent filing
WFCF FY revenue fell 3% to $24.9M; net income $1.5M ($0.30) vs $2.1M prior year
Full year revenue $24.9M (down from $25.7M); net income $1.5M ($0.30 diluted EPS) vs $2.1M ($0.40) in 2024.
Where Food Comes From Q3 EPS $0.22, net income doubles; revenue edges down to $7.0M
Q3 revenue $7.0M vs $7.1M; verification & certification up to $5.6M from $5.5M.
WFCF Q2 net income up 15% to $562K; sells Progressive Beef stake for $1.8M
Q2 total revenue $6.6M (+3% YoY); net income $562K ($0.11 diluted EPS) vs $489K ($0.09).
WFCF sells 10% stake in Progressive Beef for $1.94M cash and stock surrender
Receives ~$1.84M cash and 12,585 shares of WFCF stock surrendered (valued at $100k) for total $1.937M.
WFCF Q3 net income down 32% to $492k; diluted EPS $0.09 vs $0.13
Total revenue up 1% to $7.1M; verification revenue +2% to $5.5M, product sales +9% to $1.3M.
Where Food Comes From Q2 revenue up 4% to $6.4M; net income down 8% to $489K, EPS flat at $0.09
Verification and certification revenue up 10% to $5.3M; product sales down 13% to $0.8M.
Where Food Comes From Q4 net income up 58%; verification revenue +17% to $5.5M
Q4 total revenue +10% to $6.7M; verification revenue +17% to $5.5M; product revenue flat at $0.9M.
On February 12, 2024, Mr. Michael D. Smith, a member of the Board of Directors (“Board”) of Where Food Comes From, Inc. (“the Company”), notified the Board that he would not stand for re-election at the 2024 Annual Meeting of Shareholders.
Max materiality 0.75 · Median 0.55 · Most common event earnings