WFCF Q1 2021 Earnings — Where Food Comes From, Inc. Revenue & Financial Results | Market Cap Arena

WFCFWhere Food Comes From, Inc.

$61M

Q1 2021 Earnings

Technology Software - Application

Income Statement

Revenue

$4M+13.5% YoY

Gross Profit

$2M41.9% margin

Operating Income

$89,0002.0% margin

Net Income

$1M25.9% margin

EPS (Diluted)

$0.19

QoQ Revenue Growth

-20.0%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

$996,000

Stock-Based Comp.

$25,000

Balance Sheet

Total Assets

$20M

Total Liabilities

$6M

Stockholders' Equity

$13M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$4M	+13.5%
Gross Profit	$2M	$2M	+15.7%
Operating Income	$89,000	-$354,000	+125.1%
Net Income	$1M	-$241,000	+577.2%

Revenue Segments

Software-Related Consulting Service Revenue

$228,00070%

Software License, Maintenance and Support Services Revenue

$100,00030%