WFCF Q3 2020 Earnings — Where Food Comes From, Inc. Revenue & Financial Results | Market Cap Arena

WFCFWhere Food Comes From, Inc.

$61M

Q3 2020 Earnings

Technology Software - Application

Income Statement

Revenue

$6M-0.6% YoY

Gross Profit

$3M44.6% margin

Operating Income

$956,00015.4% margin

Net Income

$730,00011.8% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

+40.3%

Cash Flow

Operating Cash Flow

$428,000

Free Cash Flow

$341,000

Stock-Based Comp.

$25,000

Balance Sheet

Total Assets

$20M

Total Liabilities

$8M

Stockholders' Equity

$12M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6M	$6M	-0.6%
Gross Profit	$3M	$3M	+6.8%
Operating Income	$956,000	$613,995	+55.7%
Net Income	$730,000	$541,000	+34.9%

Revenue Segments

Verification and Certification Service Revenue

$4M89%

Software-Related Consulting Service Revenue

$283,0006%

Software License, Maintenance and Support Services Revenue

$245,0005%