Where Food es From(WFCF) - 2024 Q1 - Quarterly Results
Where Food es From(WFCF)2024-05-03 04:36
Exhibit 99.1 Where Food Comes From, Inc. Reports 2024 First Quarter Financial Results First Quarter Highlights – 2024 vs. 2023 ● Verification and certification revenue up 17% to $4.4 million from $3.8 million ● Product sales lower at $0.7 million vs. $1.0 million ● Total revenue increased to $5.6 million from $5.3 million ● Net income increased 47% to $178,000 from $121,000 ● Diluted EPS increased to $0.03 from $0.02 ● Adjusted EBITDA up 8% to $432,000 from $399,000 ● Company bought back 116,072 shares of i ...