Overview
Food verification firm's Q4 revenue fell yr/yr, with a net loss reported
Full-year revenue decreased to $24.9 mln from $25.7 mln in 2024
Company repurchased 183,016 shares in 2025, continuing its buyback program
Outlook
Company anticipates US cattle industry stabilization and recovery beginning in 2026
Company expands beef certifications, launches RaiseWell program adopted by Whole Foods
Company plans continued stock repurchases in 2026
Result Drivers
BEEF VERIFICATION DECLINE - Record high beef prices and reduced cattle supply led to decreased beef-related verification revenue, per CEO John Saunders
NON-BEEF CERTIFICATIONS - Strong demand for non-GMO, Gluten Free, Organic, and Upcycled certifications helped offset beef-related declines
RAISEWELL CERTIFIED LAUNCH - Launched RaiseWell Certified program, adopted by Whole Foods Market, to address demand for responsibly raised proteins
Company press release: ID:nGNX1Y7R5P
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY EPS | $0.30 | ||
FY Net Income | $1.50 mln | ||
FY Gross Profit | $9.50 mln |
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)