WFCF Q4 2022 Earnings — Where Food Comes From, Inc. Revenue & Financial Results | Market Cap Arena

WFCFWhere Food Comes From, Inc.

$61M

Q4 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$6M+4.9% YoY

Gross Profit

$3M45.3% margin

Operating Income

$642,00010.5% margin

Net Income

$490,0008.0% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

-16.1%

Cash Flow

Operating Cash Flow

-$352,000

Free Cash Flow

-$400,000

Stock-Based Comp.

$52,000

Balance Sheet

Total Assets

$18M

Total Liabilities

$6M

Stockholders' Equity

$12M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6M	$6M	+4.9%
Gross Profit	$3M	$3M	-6.0%
Operating Income	$642,000	$794,000	-19.1%
Net Income	$490,000	$742,000	-34.0%

Revenue Segments

Verification And Certification Service Revenue

$5M100%