WFCF
Where Food Comes From Inc
NASDAQ: WFCF · INDUSTRIALS · SPECIALTY BUSINESS SERVICES
$12.52
+0.16% today
Updated 2026-04-30
Market cap
$63.21M
P/E ratio
41.67
P/S ratio
2.54x
EPS (TTM)
$0.30
Dividend yield
—
52W range
$9 – $14
Volume
0.0M
Where Food Comes From Inc (WFCF) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.54M | $2.31M | $2.40M | $2.66M | $3.27M | $4.23M | $5.26M | $5.53M | $8.76M | $10.40M | $11.62M | $15.45M | $17.80M | $20.77M | $20.08M | $21.93M | $24.84M | $25.14M | $25.75M | $24.89M |
| Revenue growth (YoY) | — | +49.9% | +4.1% | +10.7% | +23.1% | +29.3% | +24.3% | +5.2% | +58.4% | +18.6% | +11.7% | +33.0% | +15.2% | +16.7% | -3.4% | +9.2% | +13.3% | +1.2% | +2.4% | -3.3% |
| Cost of revenue | $781494.00 | $968475.00 | $1.07M | $1.31M | $1.47M | $1.88M | $2.43M | $2.83M | $5.00M | $5.54M | $6.20M | $8.63M | $10.06M | $11.70M | $11.15M | $12.20M | $14.38M | $14.61M | $15.18M | $15.38M |
| Gross profit | $758439.00 | $1.34M | $1.33M | $1.35M | $1.80M | $2.35M | $2.83M | $2.71M | $3.76M | $4.85M | $5.41M | $6.82M | $7.74M | $9.08M | $8.93M | $9.74M | $10.47M | $10.52M | $10.56M | $9.51M |
| Gross margin | 49.3% | 58.0% | 55.3% | 50.6% | 55.0% | 55.5% | 53.8% | 48.9% | 42.9% | 46.7% | 46.6% | 44.2% | 43.5% | 43.7% | 44.5% | 44.4% | 42.1% | 41.9% | 41.0% | 38.2% |
| R&D | — | — | — | — | — | — | — | $12800.00 | $43000.00 | $43000.00 | $43000.00 | $186000.00 | $222000.00 | $250000.00 | $70000.00 | — | — | — | — | — |
| SG&A | — | — | — | — | — | — | $2.25M | $2.46M | $3.42M | $4.06M | $4.78M | $6.74M | $6.87M | $7.53M | $7.24M | $7.43M | $7.82M | $7.83M | $8.36M | $8.30M |
| Operating income | $-1.54M | $-730437.00 | $246763.00 | $-118690.00 | $359456.00 | $676523.00 | $488280.00 | $27308.00 | $344726.00 | $795233.00 | $634499.00 | $82182.00 | $874553.00 | $1.55M | $1.69M | $2.30M | $2.65M | $2.70M | $2.21M | $1.21M |
| Operating margin | -100.3% | -31.7% | 10.3% | -4.5% | 11.0% | 16.0% | 9.3% | 0.5% | 3.9% | 7.6% | 5.5% | 0.5% | 4.9% | 7.5% | 8.4% | 10.5% | 10.7% | 10.7% | 8.6% | 4.8% |
| EBITDA | $-1.50M | $-693007.00 | $295104.00 | $-61291.00 | $442912.00 | $744523.00 | $601820.00 | $133788.00 | $573626.00 | $1.05M | $906274.00 | $950942.00 | $1.93M | $2.59M | $2.86M | $4.42M | $3.53M | $3.33M | $3.63M | $2.88M |
| EBITDA margin | -97.1% | -30.0% | 12.3% | -2.3% | 13.5% | 17.6% | 11.4% | 2.4% | 6.5% | 10.1% | 7.8% | 6.2% | 10.8% | 12.5% | 14.2% | 20.2% | 14.2% | 13.3% | 14.1% | 11.6% |
| EBIT | $-1.53M | $-723117.00 | $250489.00 | $-117680.00 | $361146.00 | $669643.00 | $507709.00 | $14092.00 | $347988.00 | $796003.00 | $638629.00 | $96762.00 | $988823.00 | $1.49M | $1.86M | $3.63M | $2.82M | $2.70M | $2.98M | $2.23M |
| Interest expense | $0.00 | $36444.00 | $33098.00 | $35507.00 | $33388.00 | $29539.00 | $25929.00 | $33588.00 | $9818.00 | $1585.00 | $1517.00 | $1591.00 | $4837.00 | $10000.00 | $13000.00 | $6000.00 | $3000.00 | $5000.00 | $4000.00 | $3000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-1.56M | $-759560.00 | $149658.00 | $-153191.00 | $327757.00 | $864452.00 | $870358.00 | $-33560.00 | $229095.00 | $533917.00 | $433171.00 | $142314.00 | $800736.00 | $1.34M | $1.39M | $2.96M | $1.99M | $2.15M | $2.12M | $1.54M |
| Net income growth (YoY) | — | +51.3% | +119.7% | -202.4% | +314.0% | +163.7% | +0.7% | -103.9% | +782.6% | +133.1% | -18.9% | -67.1% | +462.7% | +68.0% | +3.0% | +113.8% | -32.7% | +7.9% | -1.5% | -27.5% |
| Profit margin | -101.2% | -32.9% | 6.2% | -5.8% | 10.0% | 20.4% | 16.5% | -0.6% | 2.6% | 5.1% | 3.7% | 0.9% | 4.5% | 6.5% | 6.9% | 13.5% | 8.0% | 8.6% | 8.2% | 6.2% |