Where Food es From(WFCF) - 2024 Q1 - Quarterly Results
WFCFWhere 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 4.4millionfrom4.4 million from 3.8 million ● Product sales lower at 0.7millionvs.0.7 million vs. 1.0 million ● Total revenue increased to 5.6millionfrom5.6 million from 5.3 million ● Net income increased 47% to 178,000from178,000 from 121,000 ● Diluted EPS increased to 0.03from0.03 from 0.02 ● Adjusted EBITDA up 8% to 432,000from432,000 from 399,000 ● Company bought back 116,072 shares of i ...