Full Year Financial Results
Total revenue of $24.9 million and net income of $1.5 million, or $0.30 per share for fiscal 2025, demonstrating profitability despite industry headwinds.
Share Repurchases and Capital Return
Repurchased 183,016 shares in 2025; total repurchases and private purchases since program inception are 1,374,652 shares, representing $15.2 million returned to shareholders. Management expects to continue repurchasing stock in 2026.
Non-Beef Revenue Growth and Diversification
Verification activity for pork, dairy and egg operations increased year-over-year. Certification activity for organic, non-GMO, gluten-free and upcycled claims also showed gains, reducing reliance on beef-related revenue streams.
Launch of RaiseWell Certified
Introduced RaiseWell Certified — a new animal care and traceability standard covering natural raising practices, no antibiotics/added hormones, and source-of-origin verification, with staged rollout beginning with beef and planned expansion to poultry, eggs, dairy and pork.
Major Retail Endorsement for RaiseWell
Whole Foods Market became the first major retailer to adopt the RaiseWell program, providing an important endorsement likely to drive further retailer adoption.
CARE Certified Leather Traceability Collaboration
Announced a collaboration with Pangea (with Walmart and Prime Pursuits) to introduce CARE Certified sustainable leather to U.S. automotive brands through the 'Transparency in Motion' program, enabling advanced traceability and potentially new revenue channels for ranchers.
Leadership in Animal Disease Traceability (ADT)
IMI Global serves as administrator for U.S. CattleTrace and is positioned as an experienced provider for national ADT solutions, engaging with industry and government to advance traceability — a potential long-term strategic growth area.
Proactive Management Actions to Protect Financials
Executive management returned discretionary bonuses after an unexpected packing-plant closure impacted revenue and bonus metrics; the returned bonus compensation will reduce selling, general and administrative expense and benefit the first quarter 10-Q.