Where Food Comes From Inc. (WFCF)

[benfrankledger]

Revenue up 12% year over year to $11.6 million from $10.4 million
Net income of $433,200 vs. $533,900 in prior year; profitability impacted by $305,500 in M&A costs in fourth quarter of 2016

Adjusted EBITDA increased 13% to $1.4 million from $1.2 million
Cash generated from operations increased 14% to $1.0 million from $0.9 million

$3.2 million in cash, cash equivalents and short-term investments; 3.6:1 current ratio; no long-term debt

Q4 acquisition of SureHarvest adds approximately $1.7 million in annualized revenue, expands and diversifies commodity reach with high value specialty crops, positions Company for continued growth