WFCF Q4 2019 Earnings — Where Food Comes From, Inc. Revenue & Financial Results | Market Cap Arena

WFCFWhere Food Comes From, Inc.

$61M

Q4 2019 Earnings

Technology Software - Application

Income Statement

Revenue

$6M+23.4% YoY

Gross Profit

$3M48.0% margin

Operating Income

$835,77514.7% margin

Net Income

$586,28310.3% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

-8.6%

Cash Flow

Operating Cash Flow

$540,312

Free Cash Flow

$439,381

Stock-Based Comp.

$33,935

Balance Sheet

Total Assets

$18M

Total Liabilities

$6M

Stockholders' Equity

$12M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6M	$5M	+23.4%
Gross Profit	$3M	$2M	+55.2%
Operating Income	$835,775	$188,943	+342.3%
Net Income	$586,283	$211,064	+177.8%

Revenue Segments

Verification and Certification Service Revenue

$2M100%