Invezz

Where Food Comes From (WFCF)

NasdaqMarket Closed

Where Food Comes From, Inc. is a verification and certification company serving the food and agriculture supply chain. The company provides independent audits that help confirm whether claims made about livestock, crops, aquaculture products, and other agricultural goods are accurate. Its work supports producers, processors, retailers, restaurants, distributors, trade groups, vineyards, wineries, and other participants that need credible documentation for food attributes and production practices.

The company operates through a family of verification and certification businesses, including International Certification Services and Validus Verification Services. Its services can involve on-site inspections, desk audits, record reviews, and program compliance checks. These processes are used to validate claims related to areas such as animal welfare, source verification, sustainability practices, production standards, and other value-added food attributes. By providing third-party confirmation, Where Food Comes From helps companies differentiate products and gives buyers more confidence in label and supply chain claims.

Most of the company’s revenue comes from verification and certification services, although it also provides professional consulting. This consulting can help clients prepare for audits, understand program requirements, and implement systems that support traceability and compliance. The company’s market opportunity is linked to growing consumer, retailer, and regulatory interest in transparency across food production and sourcing.

Where Food Comes From occupies a specialized niche within the broader food system. Rather than producing or selling food itself, it acts as an independent trust layer between producers and the marketplace. Its value depends on the credibility of its standards, the reliability of its audit network, and demand for verified claims in premium and regulated food categories.

14.12USD
+1.27(+9.88%)

Last updated

Market Cap
$63,988,670
P/E
44.19
P/FCF
63.54
P/S
2.56
Enterprise Value
$60,590,670
Sector
Information Technology
Industry
Application Software
Address
202 6TH STREET, CASTLE ROCK, CO, 80104
Market Cap
$63,988,670
Enterprise Value
$60,590,670
P/E
44.19
P/B
7.25
P/S
2.56
EV / EBITDA
28.46
EV / Sales
2.42
EPS
0.29
Dividend Yield
0%
P/FCF
63.54
P/CF
51.03
Free Cash Flow
$1,007,000
ROE
16.41%
ROA
10.66%
Debt / Equity
0
Current Ratio
1.67
Quick Ratio
1.45
Cash
0.77
Avg Volume
$4,641
Fundamentals Snapshot Price
12.85

Income Statement

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Revenue6.61M5.37M6.04M7.02M6.56M
Cost of revenue3.93M3.32M3.88M4.33M4.1M
Gross profit2.68M2.04M2.17M2.69M2.46M
Operating income665K298K-60K575K549K
EBITDA844K452K109K724K708K
Net income413K92K-203K1.15M562K
Income taxes193K93K-35K480K210K
Interest expense0-1K-1K0-1K
Other operating expenses00000
Total operating expenses2.02M1.75M2.23M2.11M1.91M
Basic EPS0.080.02-0.040.220.11
Diluted EPS0.080.02-0.040.220.11

Balance Sheet

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Total assets13.58M13.23M12.9M16.85M16.62M
Total liabilities4.76M4.03M3.59M6.56M6.65M
Total equity8.82M9.2M9.31M10.3M9.97M
Cash & equivalents3.42M3.28M3.2M4.76M3.2M
Current assets7.47M6.83M6.28M8.53M7.12M
Current liabilities4.46M3.62M3.09M4.54M4.55M
Accounts payable669K569K451K739K749K
Receivables2.5M2.06M1.68M2.37M2.06M
Inventories989K842K792K894K1.11M
Goodwill2.95M2.95M2.95M2.95M2.95M
Long-term debt6K10K13K16K19K

Cash Flow

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Operating cash flow937K523K-707K501K1.18M
Investing cash flow-7K-148K-34K1.78M-34K
Financing cash flow-794K-294K-818K-722K-184K
Change in cash136K81K-1.56M1.56M963K
Net income413K92K-203K1.15M562K
KindFilingDateLink
edgar index8-K — Where Food Comes From, Inc.View Filing
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edgar index8-K — Where Food Comes From, Inc.View Filing
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edgar index8-K — Where Food Comes From, Inc.View Filing
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edgar index10-Q — Where Food Comes From, Inc.View Filing
edgar index8-K — Where Food Comes From, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index4 — Where Food Comes From, Inc.View Filing
edgar index4 — Where Food Comes From, Inc.View Filing
form 4Form 4 — Saunders John KView Filing
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form 4Form 4 — Saunders LeannView Filing
form 4Form 4 — Saunders LeannView Filing
form 4Form 4 — Saunders LeannView Filing
edgar index4 — Where Food Comes From, Inc.View Filing
form 4Form 4 — Henning DannetteView Filing
form 4Form 4 — Henning DannetteView Filing
form 4Form 4 — Henning DannetteView Filing
form 4Form 4 — Henning DannetteView Filing
form 4Form 4 — Henning DannetteView Filing
form 4Form 4 — Henning DannetteView Filing
edgar index8-K — Where Food Comes From, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index10-Q — Where Food Comes From, Inc.View Filing
edgar index10-K/A — Where Food Comes From, Inc.View Filing
edgar index8-K — Where Food Comes From, Inc.View Filing
eight k text8-K — 8-KView Filing
edgar indexDEF 14A — Where Food Comes From, Inc.View Filing
edgar index8-K — Where Food Comes From, Inc.View Filing
eight k text8-K — 8-KView Filing