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.
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
US Agrichar Achieves USDA Organic Certification for Colorado-Produced Biochar
Pangea Teams Up with Where Food Comes From and Prime Pursuits to Achieve Traceability at Scale
Where Food Comes From Schedules 2025 Third Quarter Earnings Call
- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- $63,988,670
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- $60,590,670
- P/E
P/E ratio compares a company's share price to its earnings per share.
- 44.19
- P/B
P/B ratio compares a company's share price to its book value per share.
- 7.25
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 2.56
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- 28.46
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 2.42
- EPS
- 0.29
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- 63.54
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- 51.03
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- $1,007,000
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- 16.41%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- 10.66%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 1.67
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 1.45
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 0.77
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- $4,641
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 12.85
Income Statement
| Line Item | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 |
|---|---|---|---|---|---|
| Revenue | 6.61M | 5.37M | 6.04M | 7.02M | 6.56M |
| Cost of revenue | 3.93M | 3.32M | 3.88M | 4.33M | 4.1M |
| Gross profit | 2.68M | 2.04M | 2.17M | 2.69M | 2.46M |
| Operating income | 665K | 298K | -60K | 575K | 549K |
| EBITDA | 844K | 452K | 109K | 724K | 708K |
| Net income | 413K | 92K | -203K | 1.15M | 562K |
| Income taxes | 193K | 93K | -35K | 480K | 210K |
| Interest expense | 0 | -1K | -1K | 0 | -1K |
| Other operating expenses | 0 | 0 | 0 | 0 | 0 |
| Total operating expenses | 2.02M | 1.75M | 2.23M | 2.11M | 1.91M |
| Basic EPS | 0.08 | 0.02 | -0.04 | 0.22 | 0.11 |
| Diluted EPS | 0.08 | 0.02 | -0.04 | 0.22 | 0.11 |
Balance Sheet
| Line Item | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 |
|---|---|---|---|---|---|
| Total assets | 13.58M | 13.23M | 12.9M | 16.85M | 16.62M |
| Total liabilities | 4.76M | 4.03M | 3.59M | 6.56M | 6.65M |
| Total equity | 8.82M | 9.2M | 9.31M | 10.3M | 9.97M |
| Cash & equivalents | 3.42M | 3.28M | 3.2M | 4.76M | 3.2M |
| Current assets | 7.47M | 6.83M | 6.28M | 8.53M | 7.12M |
| Current liabilities | 4.46M | 3.62M | 3.09M | 4.54M | 4.55M |
| Accounts payable | 669K | 569K | 451K | 739K | 749K |
| Receivables | 2.5M | 2.06M | 1.68M | 2.37M | 2.06M |
| Inventories | 989K | 842K | 792K | 894K | 1.11M |
| Goodwill | 2.95M | 2.95M | 2.95M | 2.95M | 2.95M |
| Long-term debt | 6K | 10K | 13K | 16K | 19K |
Cash Flow
| Line Item | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 |
|---|---|---|---|---|---|
| Operating cash flow | 937K | 523K | -707K | 501K | 1.18M |
| Investing cash flow | -7K | -148K | -34K | 1.78M | -34K |
| Financing cash flow | -794K | -294K | -818K | -722K | -184K |
| Change in cash | 136K | 81K | -1.56M | 1.56M | 963K |
| Net income | 413K | 92K | -203K | 1.15M | 562K |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 8-K — Where Food Comes From, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 10-Q — Where Food Comes From, Inc. | View Filing | |
| edgar index | S-3 — Where Food Comes From, Inc. | View Filing | |
| edgar index | 8-K — Where Food Comes From, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 10-Q — Where Food Comes From, Inc. | View Filing | |
| edgar index | 8-K — Where Food Comes From, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 10-K/A — Where Food Comes From, Inc. | View Filing | |
| edgar index | DEF 14A — Where Food Comes From, Inc. | View Filing | |
| edgar index | 4 — Where Food Comes From, Inc. | View Filing | |
| edgar index | 4 — Where Food Comes From, Inc. | View Filing | |
| edgar index | 4 — Where Food Comes From, Inc. | View Filing | |
| edgar index | 8-K — Where Food Comes From, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 10-K — Where Food Comes From, Inc. | View Filing | |
| ten k section | 10-K — business | View Filing | |
| ten k section | 10-K — mda | View Filing | |
| ten k section | 10-K — risk_factors | View Filing | |
| form 4 | Form 4 — Henning Dannette | View Filing | |
| form 4 | Form 4 — Saunders Leann | View Filing | |
| form 4 | Form 4 — Saunders John K | View Filing | |
| edgar index | 4 — Where Food Comes From, Inc. | View Filing | |
| edgar index | 4 — Where Food Comes From, Inc. | View Filing | |
| form 4 | Form 4 — Saunders John K | View Filing | |
| form 4 | Form 4 — Saunders Leann | View Filing | |
| edgar index | S-8 — Where Food Comes From, Inc. | View Filing | |
| edgar index | 4 — Where Food Comes From, Inc. | View Filing | |
| edgar index | 4 — Where Food Comes From, Inc. | View Filing | |
| edgar index | 4 — Where Food Comes From, Inc. | View Filing | |
| edgar index | 4 — Where Food Comes From, Inc. | View Filing | |
| form 4 | Form 4 — Rein Graeme P. | View Filing | |
| form 4 | Form 4 — Rein Graeme P. | View Filing | |
| form 4 | Form 4 — Lapaseotes Pete | View Filing | |
| form 4 | Form 4 — Heinen Tom | View Filing | |
| form 4 | Form 4 — Larson Adam | View Filing | |
| edgar index | 8-K — Where Food Comes From, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 10-Q — Where Food Comes From, Inc. | View Filing | |
| edgar index | 8-K — Where Food Comes From, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 10-Q — Where Food Comes From, Inc. | View Filing | |
| edgar index | 8-K — Where Food Comes From, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — Where Food Comes From, Inc. | View Filing | |
| edgar index | 4 — Where Food Comes From, Inc. | View Filing | |
| form 4 | Form 4 — Saunders John K | View Filing | |
| form 4 | Form 4 — Saunders John K | View Filing | |
| form 4 | Form 4 — Saunders John K | View Filing | |
| form 4 | Form 4 — Saunders John K | View Filing | |
| form 4 | Form 4 — Saunders John K | View Filing | |
| form 4 | Form 4 — Saunders John K | View Filing | |
| form 4 | Form 4 — Saunders Leann | View Filing | |
| form 4 | Form 4 — Saunders Leann | View Filing | |
| form 4 | Form 4 — Saunders Leann | View Filing | |
| form 4 | Form 4 — Saunders Leann | View Filing | |
| form 4 | Form 4 — Saunders Leann | View Filing | |
| form 4 | Form 4 — Saunders Leann | View Filing | |
| edgar index | 4 — Where Food Comes From, Inc. | View Filing | |
| form 4 | Form 4 — Henning Dannette | View Filing | |
| form 4 | Form 4 — Henning Dannette | View Filing | |
| form 4 | Form 4 — Henning Dannette | View Filing | |
| form 4 | Form 4 — Henning Dannette | View Filing | |
| form 4 | Form 4 — Henning Dannette | View Filing | |
| form 4 | Form 4 — Henning Dannette | View Filing | |
| edgar index | 8-K — Where Food Comes From, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 10-Q — Where Food Comes From, Inc. | View Filing | |
| edgar index | 10-K/A — Where Food Comes From, Inc. | View Filing | |
| edgar index | 8-K — Where Food Comes From, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | DEF 14A — Where Food Comes From, Inc. | View Filing | |
| edgar index | 8-K — Where Food Comes From, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing |