Did Where Food Comes beat or miss consensus estimates last quarter?

What were the key takeaways from Where Food Comes’s earnings call?

What were the key takeaways from Where Food Comes's earnings call?

What guidance did Where Food Comes's management provide for the next earnings period?

What does Where Food Comes do and what are its main business segments?

What is Where Food Comes's gross profit margin?

What is the market's earnings forecast for Where Food Comes next quarter?

What is the revenue and EPS growth rate for Where Food Comes year over year?

- **Revenue Resilience**: $5.6M verification growth offsets hardware decline. 
- **Profitability**: Net income up 120% YoY to $1.1M. SG&A down 1% YoY. 
- **Shareholder Returns**: $14M buybacks, 1.3M shares retired. 
- **Growth Drivers**: Dairy, poultry, organic certs up 20%. 
- **Risks**: Tariffs, wage inflation, border closures. 
- **New Markets**: Upcycled, Fairlife protein drinks. 
- **Future Outlook**: 1-2 year herd recovery, 15% YoY growth in services. 
- **Balance Sheet**: $4.8M cash, no debt. 
- **SEO Success**: 1st page search rankings. 
- **AI Investments**: 6 new initiatives. 
- **Awards**: 74th in Time's Growth Leaders.

**【CEO Summary Section】**
- **Revenue Stability**: Total Q3 revenue $7 million, down 1.3% YoY, with verification/certification segment growing 1% to $5.6 million. Pork, dairy, egg verifications and CARE certified program gains offset hardware sales decline (12% YoY to $1.2 million). 
- **Profitability**: Gross margins stable, SG&A down 1% YoY to $5.7 million. Operating income $575k (down 5.4% YoY). Net income $1.1 million ($0.22/share) vs $0.09 YoY, driven by Progressive Beef sale gain ($946k) and digital assets ($48k).
- **Balance Sheet**: Cash $4.8 million (up from $2 million YoY). Repurchased 60k shares Q3, total buybacks $1 1.3 million shares ($14M returned to shareholders). 
- **Awards & Growth**: Ranked 74th in Time's America's Growth Leaders. New services like labeling gaining traction. 6 AI initiatives underway. Improved SEO driving 1st-page search rankings for 'third-party verification'.

**【Q&A Highlights】**
- **Herd Recovery Outlook**: Cattle prices rising may incentivize herd expansion,1-2 years out,2025. Challenges: Mexico border closures,12,585 shares returned. 
- **Alternative Growth Drivers**: Dairy,10% YoY, poultry 15% YoY. Organic, non-GMO, gluten-free certs up 20%.
- **Capital Allocation**: No debt, $4.8M cash. Will invest in new services,2025, potential acquisitions. 
- **Risks**: Tariffs, wage inflation, drought impacts. 
- **Strategic Focus**: Consumer trends (Upcycled, Fairlife protein drinks).

Where Food Comes From, Inc.(WFCF)-20251113-2025 Q3 Earnings call transcript

Verification and Certification Service

Product Sales

Software License, Maintenance and Support Services

Software-Related Consulting Service

Consulting

Professional Services

WFCF

WFCF fundamentals

You can ask Aime