Business & Finance

Where Food Comes From, Inc. (WFCF) Q2 2025 Earnings Call Transcript


Where Food Comes From, Inc. (NASDAQ:Wfcf) Q2 2025 Earnings Conference Call August 7, 2025 12:00 PM ET

Company Participants

Dannette D. Boyd Henning – CFO & Corporate Secretary
Jay Pfeiffer – Manager of Investor Relations
John K. Saunders – Co-Founder, CEO & Executive Chairman
Leann Saunders – Co-Founder, President, COO & Director

Operator

Greetings, and welcome to the Where Food Comes From Second Quarter 2025 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. I’d now like to turn the call over to your host, Mr. Jay Pfeiffer, Director of Investor Relations. Please go ahead.

Jay Pfeiffer

Good morning, and welcome to the Where Food Comes From 2025 Second Quarter Earnings Call. Joining me on the call today are CEO, John Saunders, President Leann Saunders; and Chief Financial Officer, Dannette Henning.

During this call, we’ll make forward-looking statements based on current expectations, estimates and projections that are subject to risk. Statements about financial performance, growth strategy, customers, business opportunities, market acceptance of our products and services and potential acquisitions are forward-looking statements. Listeners should not place undue reliance on these statements as there are many factors that could cause actual results to differ materially from forward-looking statements. We encourage you to review our publicly filed documents as well as our news releases and website for more information.

I’ll now turn the call over to John Saunders.

John K. Saunders

Hello, and thanks for joining the call today. This morning, we reported improved second quarter financial results. Our core verification and certification revenue increased nearly 2% despite continued pressure on beef verifications associated with smaller herd sizes. The increase in verification revenue was attributable to strong demand for other verification services, notably our CARE Certified and Upcycled programs, which continue to build momentum. This growth underscores the strength of a business model that’s based on providing the

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