WFCF Q3 2024 Earnings — Where Food Comes From, Inc. Revenue & Financial Results | Market Cap Arena

WFCFWhere Food Comes From, Inc.

$61M

Q3 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$7M+1.4% YoY

Gross Profit

$3M39.0% margin

Operating Income

$608,0008.6% margin

Net Income

$492,0006.9% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+11.1%

Cash Flow

Operating Cash Flow

$912,000

Free Cash Flow

$873,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$17M

Total Liabilities

$7M

Stockholders' Equity

$9M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7M	$7M	+1.4%
Gross Profit	$3M	$3M	-3.2%
Operating Income	$608,000	$946,000	-35.7%
Net Income	$492,000	$723,000	-32.0%

Revenue Segments

Verification and Certification Service Revenue

$5M77%

Product Sales

$1M19%

Professional Services

$292,0004%