WFCF Q2 2024 Earnings — Where Food Comes From, Inc. Revenue & Financial Results | Market Cap Arena

WFCFWhere Food Comes From, Inc.

$61M

Q2 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$6M+4.4% YoY

Gross Profit

$3M41.6% margin

Operating Income

$583,0009.1% margin

Net Income

$489,0007.6% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+14.6%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

$1M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$17M

Total Liabilities

$7M

Stockholders' Equity

$10M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6M	$6M	+4.4%
Gross Profit	$3M	$3M	+6.1%
Operating Income	$583,000	$673,000	-13.4%
Net Income	$489,000	$532,000	-8.1%

Revenue Segments

Verification and Certification Service Revenue

$5M82%

Product Sales

$819,00013%

Professional Services

$324,0005%