Where Food Comes From Inc

Where Food Comes From, Inc. engages in the provision of food production audits. It uses rigorous verification processes to ensure that claims made by food producers and processors are accurate. It operates through the following segments: Verification and Certification, Software Sales and Related Consulting, and Other. The Verification and Certification segment sell validation solutions, consulting services, and hardware. The Software Sales and Related Consulting segment offers products via a SaaS model and web-hosting services. The company was founded by John Saunders and Leann Saunders in 1998 and is headquartered in Castle Rock, CO.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Where Food Comes From Inc reports mixed Q3 results

Where Food Comes From Inc (WFCF) reported mixed financial performance in Q3 2024, with revenue growth offset by declines in profitability metrics.
The company's emphasis on regulatory compliance and the positive impact on customer acquisition present strategic advantages.
While facing challenges in financial metrics, Where Food Comes From Inc (WFCF) remains focused on growth opportunities and shareholder value.
Management's confidence in the business is reflected in the share buyback activity and outlook for future earnings calls.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Where Food Comes From, Inc. engages in the provision of food production audits. It uses verification processes to ensure that claims made by food producers and processors are accurate. It operates through the Verification and Certification, and Professional Services segments. The Verification and Certification segment includes the audits and related services. The Professional Services segment involves a range of consulting, data analysis, reporting, and technology solutions. The company was founded by John Saunders and Leann Saunders in 1998 and is headquartered in Castle Rock, CO.

CASTLE ROCK, Colo., Aug. 18, 2021 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced that Jason Franco has been promoted to Chief Technology Officer.

Where Food Comes From, Inc. Promotes Jason Franco to Chief Technology Officer

Where Food Comes From, Inc. (WFCF) CEO John Saunders on Q2 2021 Results - Earnings Call Transcript

Second Quarter Highlights – 2021 vs. 2020

Where Food Comes From, Inc. Reports 2021 Second Quarter and Six-Month Financial Results

CASTLE ROCK, Colo., July 30, 2021 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced it will release its 2021 second quarter financial results before the market opens on Thursday, August 5, 2021, and conduct a conference call the same day at 10:00 a.m. Mountain Time (12:00 p.m. Eastern).

Where Food Comes From, Inc. Schedules 2021 Second Quarter Conference Call

American Financial Group

John B. Sanfilippo & Son

Weingarten Realty

According to the Upcoming Special Dividends page, a Premium feature of GuruFocus, four stocks that are paying a lump-sum dividend in August include American Financial Group Inc. ( AFG , Financial), Where Food Comes From Inc. ( WFCF , Financial), Weingarten Realty Investors ( WRI , Financial) and John B Sanfilippo & Son Inc. ( JBSS , Financial).

4 Stocks Paying Special Dividends in August

CASTLE ROCK, Colo., July 01, 2021 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced that on July 1, 2021, its Board of Directors declared a special cash dividend totaling $0.15 per common share. The dividend represents a distribution to stockholders of approximately $920,000.

Where Food Comes From, Inc. Declares Special Dividend of $0.15 Per Common Share

Where Food Comes From, Inc. (WFCF) CEO John Saunders on Q1 2021 Results - Earnings Call Transcript

First Quarter Highlights – 2021 vs. 2020

Where Food Comes From, Inc. Reports 2021 First Quarter Financial Results

Clear tailwinds, certification, and transparency in food processes is a megatrend. Large companies such as McDonald's have made statements where their meat product will have traceability and certification of origin, the opportunity is gigantic.

Where Food Comes From: A Great Opportunity For The Long Term

CASTLE ROCK, Colo., April 09, 2021 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (OTCQB: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced that the Nasdaq Stock Market has informed the Company that its common stock will begin trading on the Nasdaq Capital Market on Monday, April 12, 2021.

Where Food Comes From, Inc. Common Stock to Begin Trading on Nasdaq Capital Market

Where Food Comes From, Inc. (WFCF) CEO John Saunders on Q4 2020 Results - Earnings Call Transcript

New Standard Developed by Upcycled Food Association Promotes Reduction in Food Waste and a Cleaner Environment through Growth in the Upcycled Food Economy New Standard Developed by Upcycled Food Association Promotes Reduction in Food Waste and a Cleaner Environment through Growth in the Upcycled Food Economy

Where Food Comes From, Inc. Selected as Exclusive Certification Body for Upcycled Certification Standard

CASTLE ROCK, Colo., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (OTCQB: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced it will release its 2020 fourth quarter and full year financial results before the market opens on Thursday, February 18, 2021, and conduct a conference call the same day at 10:00 a.m. Mountain Time (12:00 p.m. Eastern).

Where Food Comes From, Inc. Schedules 2020 Fourth Quarter and Year-End Conference Call

WFCF is a well-positioned growth company in the food-quality verification space having increased sales nearly twenty-fold since 2006. Company is currently listed on the OTC market but will soon list on the Nasdaq stock market.

Where Food Comes From: Watch This One Ahead Of Planned Uplisting To Nasdaq

The company has been able to scale its revenues over the past decade without sacrificing profits. The company has a strong position in its market and will not lose its competitive advantage easily.

Where Food Comes From Has A Strong Competitive Advantage

Company expects trading platforms to adjust their data throughout the day to reflect impact of reverse split Company expects trading platforms to adjust their data throughout the day to reflect impact of reverse split

Where Food Comes From, Inc. Announces Finalization of 1-for-4 Reverse Stock Split Effective at the Start of Trading on December 7, 2020

CASTLE ROCK, Colo., Nov. 30, 2020 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (OTCQB: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced that on November 30, 2020, it formally submitted its application for listing on the Nasdaq Capital Market.

Where Food Comes From, Inc. Announces Formal Submission of Nasdaq Listing Application and Finalizes Corporate Adoption of 1-for-4 Reverse Stock Split

CASTLE ROCK, Colo., Nov. 24, 2020 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (OTCQB: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced it plans to implement a 1-for-4 reverse split of its common stock that will be effective after the market closes on Monday, November 30, 2020. The Company also announced it intends to uplist its shares to Nasdaq.

Where Food Comes From, Inc. Announces 1-for-4 Reverse Stock Split and Intention to List its Shares on the Nasdaq Stock Market

Where Food Comes From, Inc. (WFCF) CEO John Saunders on Q3 2020 Results - Earnings Call Transcript

Thir d Quarter Highlights – 20 20 vs. 20 19

Where Food Comes From, Inc. Reports 2020 Third Quarter and Nine-Month Financial Results

CASTLE ROCK, Colo., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (OTCQB: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced it will release its 2020 third quarter financial results before the market opens on Thursday, November 5, 2020, and conduct a conference call the same day at 10:00 a.m. Mountain Time (12:00 p.m. Eastern).

Where Food Comes From, Inc. Schedules 2020 Third Quarter Conference Call

Great Ajax

Marrone Bio Innovations

The AgTech industry has been undergoing a high degree of M&A, resulting in very few publicly traded AgTech stocks remaining available.

4 Microcaps In The High Mergers And Acquisitions AgTech Space

Where Food Comes From's (WFCF) CEO John Saunders on Q2 2020 Results - Earnings Call Transcript

Second Quarter Highlights – 2020 vs. 2019             

Where Food Comes From, Inc. Reports 2020 Second Quarter and Six-Month Financial Results

CASTLE ROCK, Colo., Aug.  05, 2020  (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (OTCQB: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced it will release its 2020 second quarter financial results before the market opens on Thursday, August 13, 2020, and conduct a conference call the same day at 10:00 a.m. Mountain Time (12:00 p.m. Eastern). 

News for Where Food Comes From Inc Stock (WFCF)