Where Food Comes From Inc. Reports 3% Revenue Increase in Q2 Despite Cattle Herd Challenges; Net Income Rises 15% to $562,000, EPS at $0.11

Reuters
08/12
<a href="https://laohu8.com/S/WFCF">Where Food Comes From</a> Inc. Reports 3% Revenue Increase in <a href="https://laohu8.com/S/QTWO">Q2</a> Despite Cattle Herd Challenges; Net Income Rises 15% to $562,000, EPS at $0.11

Where Food Comes From Inc. (Nasdaq: WFCF) reported its financial results for the second quarter and six-month period ending June 30, 2025. The company's second quarter revenue increased by 3% year over year, driven by growing demand for its verification services, particularly the CARE Certified and UpCycled programs, as well as an increase in hardware sales. Despite this, gross profit for the second quarter dipped to $2.5 million from $2.7 million, due to higher compensation expenses and hardware costs. Net income for the quarter rose to $562,000, or $0.11 per diluted share, compared to $489,000, or $0.09 per diluted share, in the previous year, assisted by a $172,000 gain in the fair market value of digital assets. For the first six months of 2025, total revenue decreased slightly to $11.8 million from $12.0 million in the previous year. Verification and certification services revenue dropped to $9.5 million from $9.7 million, while product revenue increased to $1.7 million from $1.6 million. Professional services revenue declined to $655,000 from $739,000. Gross profit through six months was lower at $4.7 million compared to $5.0 million the previous year, and net income was $593,000, or $0.11 per diluted share, down from $667,000, or $0.12 per diluted share. The company generated $1.8 million in cash from operations, a slight decrease from $1.9 million in the same period last year. A significant subsequent event includes the sale of the company's interest in Progressive Beef for $1.8 million in cash and the return of 12,585 shares of WFCF common stock, further reducing the number of outstanding shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Where Food Comes From Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-022956), on August 11, 2025, and is solely responsible for the information contained therein.

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