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WFCF Q1 2022 Earnings — Where Food Comes From, Inc. Revenue & Financial Results | Market Cap Arena
WFCF
Where Food Comes From, Inc.
$61M
Q1 2022 Earnings
Technology
Software - Application
Income Statement
Revenue
$6M
+38.6% YoY
Gross Profit
$2M
38.9% margin
Operating Income
$623,000
10.1% margin
Net Income
$497,000
8.1% margin
EPS (Diluted)
$0.08
QoQ Revenue Growth
+6.0%
Cash Flow
Operating Cash Flow
$1M
Free Cash Flow
$1M
Stock-Based Comp.
$51,000
Balance Sheet
Total Assets
$20M
Total Liabilities
$6M
Stockholders' Equity
$14M
Cash & Equivalents
$6M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$6M
$4M
+38.6%
Gross Profit
$2M
$2M
+28.7%
Operating Income
$623,000
$89,000
+600.0%
Net Income
$497,000
$1M
-56.8%
Revenue Segments
Software and Related Consulting Revenue
$1M
100%
← FY 2022
All Quarters
Q2 2022 →