Where Food Comes From, Inc.
WFCF Nasdaq· Services-Prepackaged Software
Last close · Oct 23, 2026
$14.98
KIRA · Stoqly’s AI analyst, in plain words
- Where Food Comes From, Inc. had $24.9M of revenue in fiscal 2025, down 3.3% on the year before. Over five years, revenue changed +4.4% a year on average.
- Its operating margin was 4.8%, down 3.7 pts: of every 100 in sales, about 5 is left after running the business.
- Where Food Comes From, Inc. made $1.5M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 35.1% a year.
- Free cash flow was $1.5M in fiscal 2025, 5.8% of revenue.
- Where Food Comes From, Inc. returned $2.2M to shareholders in fiscal 2025, 149% of free cash flow. The diluted share count fell 3.2%.
Market cap
$75.4M
P/E
53.5x
Revenue
$24.9M
Net income
$1.5M
Free cash flow
$1.5M
Operating margin
4.8%
Where Food Comes From, Inc. in 30 seconds · fiscal 2025
Are sales growing?
−3.3%
No. Sales fell 3.3% last year.
Does it make a profit?
6.2%
A little. It keeps 6.2% of every sale as profit.
Does profit turn into cash?
5.8%
Partly. 5.8% of sales ends up as free cash.
How healthy are the accounts?
6 / 8
Mixed. It passes 6 of 8 health tests.
How is the share priced?
53.5x
One share costs 53.5 times its yearly profit per share.
What Where Food Comes From, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 26, 2026
- Legal name
- Where Food Comes From, Inc.
- CIK
- 0001360565
Where Food Comes From, Inc. · WFCF
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $21.9M | $24.8M | $25.1M | $25.7M | $24.9M |
| Revenue growth | 9.2% | 13.3% | 1.2% | 2.4% | −3.3% |
| Gross margin | 44.4% | 42.1% | 41.9% | 41.0% | 38.2% |
| Operating margin | 10.5% | 10.7% | 10.7% | 8.6% | 4.8% |
| Net income | $3.0M | $2.0M | $2.2M | $2.1M | $1.5M |
| Net margin | 13.5% | 8.0% | 8.6% | 8.2% | 6.2% |
| Diluted EPS | $0.48 | $0.33 | $0.39 | $0.40 | $0.30 |
| Cash | |||||
| Cash from operations | $3.0M | $2.7M | $2.8M | $2.7M | $1.6M |
| Capital expenditure | $0.2M | $0.1M | $0.1M | $0.2M | $0.2M |
| Free cash flow | $2.8M | $2.6M | $2.7M | $2.6M | $1.5M |
| FCF margin | 12.8% | 10.3% | 10.6% | 10.0% | 5.8% |
| Dividends paid | $0.9M | — | — | — | — |
| Share buybacks | $1.1M | $3.5M | $4.0M | $2.2M | $2.2M |
| Share count change | −0.6% | −2.4% | −8.1% | −3.9% | −3.2% |
| Debt and strength | |||||
| Cash and short-term investments | $5.4M | $4.4M | $2.6M | $2.0M | $3.2M |
| Shareholders' equity | $13.7M | $12.5M | $10.8M | $9.9M | $9.3M |
| Current ratio | 2.9x | 2.6x | 2.1x | 1.7x | 2.0x |
| Interest coverage | 383.8x | 884.0x | 539.4x | 551.8x | 402.0x |
| Returns and quality | |||||
| Return on equity | 22.6% | 15.2% | 18.5% | 20.4% | 16.0% |
| Return on tangible equity | 36.0% | 27.7% | 37.8% | 41.0% | 31.1% |
| Piotroski F-score | 7 | 5 | 6 | 6 | 6 |
| Altman Z'' | 6.0 | 6.3 | 6.4 | 6.5 | 7.8 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Where Food Comes From, Inc. · WFCF
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $14.98 a share, the company is worth $75.4M: 53.5 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001360565). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.