WFCF Q2 2021 Earnings — Where Food Comes From, Inc. Revenue & Financial Results | Market Cap Arena

WFCFWhere Food Comes From, Inc.

$61M

Q2 2021 Earnings

Technology Software - Application

Income Statement

Revenue

$5M+16.4% YoY

Gross Profit

$2M39.1% margin

Operating Income

$282,0005.5% margin

Net Income

$202,0003.9% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

+15.8%

Cash Flow

Operating Cash Flow

$454,000

Free Cash Flow

$496,000

Stock-Based Comp.

$29,000

Balance Sheet

Total Assets

$20M

Total Liabilities

$7M

Stockholders' Equity

$13M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5M	$4M	+16.4%
Gross Profit	$2M	$2M	-4.3%
Operating Income	$282,000	$469,000	-39.9%
Net Income	$202,000	$351,000	-42.5%

Revenue Segments

Verification and Certification Service Revenue

$4M88%

Software and Related Consulting Revenue

$482,00012%