WFCF Q2 2019 Earnings — Where Food Comes From, Inc. Revenue & Financial Results | Market Cap Arena

WFCFWhere Food Comes From, Inc.

$61M

Q2 2019 Earnings

Technology Software - Application

Income Statement

Revenue

$5M+10.1% YoY

Gross Profit

$2M42.7% margin

Operating Income

$403,2148.2% margin

Net Income

$361,0007.4% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

+23.6%

Cash Flow

Operating Cash Flow

$127,149

Free Cash Flow

$71,141

Stock-Based Comp.

$47,000

Balance Sheet

Total Assets

$19M

Total Liabilities

$8M

Stockholders' Equity

$11M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5M	$4M	+10.1%
Gross Profit	$2M	$2M	+3.8%
Operating Income	$403,214	$241,258	+67.1%
Net Income	$361,000	$176,839	+104.1%

Revenue Segments

Verification and Certification Segment

$4M49%

Consolidated

$4M49%

Software Sales and Related Consulting Segment

$242,8083%

Eliminations And Other

-$33,057-0%

Geographic Segments

Other

-$30,300