WFCF Q3 2019 Earnings — Where Food Comes From, Inc. Revenue & Financial Results | Market Cap Arena

WFCFWhere Food Comes From, Inc.

$61M

Q3 2019 Earnings

Technology Software - Application

Income Statement

Revenue

$6M+21.6% YoY

Gross Profit

$3M41.5% margin

Operating Income

$613,9959.9% margin

Net Income

$541,0008.7% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

+27.5%

Cash Flow

Operating Cash Flow

$955,523

Free Cash Flow

$939,635

Stock-Based Comp.

$37,000

Balance Sheet

Total Assets

$20M

Total Liabilities

$8M

Stockholders' Equity

$11M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6M	$5M	+21.6%
Gross Profit	$3M	$2M	+15.7%
Operating Income	$613,995	$417,503	+47.1%
Net Income	$541,000	$377,349	+43.4%

Revenue Segments

Verification and Certification Service Revenue

$5M92%

Software License, Maintenance and Support Services Revenue

$226,8164%

Software-Related Consulting Service Revenue

$160,0113%