Financial Data and Key Metrics Changes - Total revenue for 2025 was reported at $24.9 million, with a net income of $1.5 million, translating to $0.30 per share [3] - The company experienced steady growth in new customer acquisitions and non-beef-related revenue streams, although this was offset by smaller herd sizes and tariffs affecting beef-related verification activities [3][4] Business Line Data and Key Metrics Changes - Verification and tag sales were impacted due to ranchers reducing investments in certain verifications amid shrinking cattle supply [4] - Non-beef-related business lines, including verifications for pork, dairy, and egg operations, showed year-over-year increases, contributing to overall revenue growth [11][12] Market Data and Key Metrics Changes - The U.S. cattle supply is at a 70-year low, leading to record high beef prices, which has affected the company's beef-related activities [4] - The company is optimistic about the cattle industry's recovery, expecting a rebuilding of cattle supply over the next couple of years [4][11] Company Strategy and Development Direction - The company is expanding its services portfolio with new certifications and protein programs to position itself for accelerated growth as the industry recovers [5] - The launch of the RaiseWell Certified program aims to enhance animal care standards and create traceable supply chains, targeting high-end retailers and food service operators [5][6][7] - Collaboration with Pangea and Walmart to introduce CARE Certified sustainable leather is another strategic initiative aimed at enhancing value and connecting with consumers focused on sustainability [8] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by the current cattle industry disruption but expressed optimism about long-term prospects for the beef-related business [11] - The company believes its diverse solutions portfolio and customer base will continue to grow, maintaining that shares represent excellent value [12] Other Important Information - The company repurchased 183,016 shares in 2025, bringing total buybacks to 1,374,652 shares, valued at $15.2 million [12] Q&A Session Summary - No specific questions or answers were provided in the content regarding the Q&A session.

Financial Data and Key Metrics Changes - The company reported total revenue of $24.9 million and net income of $1.5 million, or $0.30 per share for 2025, indicating steady growth despite challenges in the beef-related verification activity [3] - The income statement for the first quarter 10-Q will reflect a reduction in compensation expense due to executive management returning their bonus compensation to the company [4] Business Line Data and Key Metrics Changes - Non-beef-related revenue streams continued to grow, with verifications for pork, dairy, and egg operations increasing year over year [11] - The CARE Certified program attracted new customers across various proteins, contributing to revenue growth [12] Market Data and Key Metrics Changes - The U.S. cattle supply is at a 70-year low, leading to record high beef prices, which has impacted verification and tag sales [4] - The company noted that the herd contraction phase of the cattle cycle may be nearing its bottom, with expectations for rebuilding the cattle supply over the next couple of years [4] Company Strategy and Development Direction - The company is expanding its services portfolio with new certifications and protein programs to position itself for accelerated growth as the recovery in the cattle industry gains momentum [5] - The launch of the RaiseWell Certified program aims to enhance animal care standards and create traceability in supply chains, with Whole Foods Market being the first major retailer to adopt it [6][8] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the long-term prospects for the beef-related business despite current challenges, emphasizing the company's role in reshaping the industry during the rebuilding process [11] - The company believes its shares remain an excellent value and plans to continue stock repurchases in 2026, having repurchased 183,016 shares in 2025 [12] Other Important Information - The company is actively involved in animal disease traceability initiatives, collaborating with U.S. CattleTrace to enhance cattle traceability and support a secure U.S. beef supply [10] Q&A Session Summary Question: What are the long-term growth prospects for the company? - Management highlighted the steady growth in non-beef-related revenue streams and the potential for recovery in the beef sector, indicating a positive outlook for the future [11] Question: How is the company addressing the challenges in the beef industry? - The company is expanding its service offerings and focusing on new certifications to adapt to the changing market conditions and consumer demands [5][6]

Core Insights - Where Food Comes From, Inc. (WFCF) has launched RaiseWell Certified, a new third-party verification standard aimed at enhancing animal care, responsible raising practices, and supply-chain transparency in North America's protein markets [1][2] Group 1: Certification Framework - RaiseWell Certified establishes a structured framework requiring responsible animal raising at every life stage, with strict production rules including no antibiotics and no added growth hormones [2] - The standard emphasizes traceability, ensuring livestock and poultry are source-verified and tracked through the supply chain, thereby enhancing confidence for retailers and consumers [2] Group 2: Market Demand - The launch of RaiseWell Certified addresses the rising market demand for clear and verifiable food claims, particularly in responsibly raised protein categories [3] - The certification helps businesses differentiate themselves based on integrity and certified production methods, which is increasingly important as consumers seek products that align with their values [3][4] Group 3: Retail Support - RaiseWell Certified provides retailers and restaurants with certification assets that support premium positioning, including third-party verified claims and source-verified traceability [5] - The program includes on-pack seals that comply with USDA FSIS requirements, enhancing claim integrity and providing consumers with clarity about food origins [5] Group 4: Integration with Existing Standards - RaiseWell Certified integrates with WFCF's existing CARE Certified standard, which focuses on sustainability across animal care, environmental stewardship, and community [6] - This integration allows producers and retailers to bundle claims into a single, audit-ready package, supporting a unified verification strategy tailored to premium markets [6] Group 5: Strategic Goals - With RaiseWell Certified, WFCF aims to expand its portfolio to support growth in value-added protein markets and meet the rising demand for traceable, ethically raised products [7] - The certification is designed to strengthen trust for retailers, increase clarity for consumers, and help brands build loyalty through verified integrity [7]