Where Food Comes From Inc

Where Food Comes From Inc

WFCF
Where Food Comes From IncUS flagNASDAQ
14.49
USD
-1.14
- -
73.02MMarket Cap
Where Food Comes From Inc
WFCF
(NASDAQ)

Recent

price

14.49

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.63
0.82
1
1.06
1.51
1.75
1.95
2.5
2.87
3.34
3.28
3.6
4.17
4.58
4.84
4.83
4.83
Revenue per Share
0.06
0.17
0.17
-0.01
0.04
0.09
0.07
0.02
0.13
0.22
0.23
0.49
0.33
0.39
0.4
0.3
0.31
Basic EPS, GAAP
0.07
0.14
0.05
0.03
0.08
0.14
0.09
0.09
0.13
0.4
0.32
0.46
0.4
0.49
0.48
0.28
0.24
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.15
- -
- -
- -
- -
- -
Dividend per Share
-0.58
-0.41
-0.24
-0.24
-0.18
-0.09
-0.02
0.01
0.14
0.35
0.58
0.92
1.28
1.78
2.26
2.15
2.15
Book Value per Share
0.06
0.22
0.33
0.2
0.52
0.62
0.43
0.5
0.61
0.93
1.08
1.35
1.2
1.03
0.98
0.96
0.86
Tangible Book Value per Share
5
5
5
5
6
6
6
6
6
6
6
6
6
5
5
5
5
Basic Weighted Avg Shares
3
4
5
6
9
10
12
15
18
21
20
22
25
25
26
25
25
Sales/Revenue/Turnover
10.98
15.98
9.28
0.47
3.93
7.65
5.46
0.53
4.91
7.47
8.4
10.5
10.67
10.73
8.57
4.84
5.45
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
1
1
1
1
1
1
1
1
1
1
Depreciation Expense
- -
1
1
- -
- -
1
- -
- -
1
1
1
3
2
2
2
2
2
Net Income, GAAP
- -
- -
- -
- -
41.67
37.53
36.97
279.74
31.4
31.02
25.01
18.2
29.19
29.79
28.84
31.09
31.9
Effective Tax Rate (%)
10.01
20.42
16.54
-0.58
2.61
5.14
3.73
0.92
4.5
6.47
6.9
13.5
8.03
8.56
8.23
6.17
6.39
Profit Margin (%)
1
2
2
2
3
4
3
4
3
3
4
6
5
3
2
3
3
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
4
4
3
3
2
2
1
- -
LT Debt
- -
1
3
4
6
7
9
10
11
12
12
14
12
11
10
9
9
Total Equity
65.32
- -
- -
- -
3.84
7.67
4.87
-1.49
5.64
7.93
7.66
10.95
11.45
12.97
12.05
7.35
8.38
Return on Invested Capital (%)
-12.85
- -
- -
- -
-29.22
-188.17
38.96
23.74
59.2
46.14
19.75
34.64
20.27
18.52
15.66
11.58
12.07
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
180.76
89.29
48.4
64.69
30.22
24.82
19.48
13.31
13.77
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
2
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
70
60
69

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
9
6
7
Cash, Cash Equivalents & STI
5
3
3
Accounts Receivable, Net
2
2
2
Inventories
1
1
1
Total Current Liabilities
5
3
4
Payables & Accruals
2
1
2
ST Debt
- -
- -
- -
Deferred Revenue
2
2
2

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.25%
-5.35%
-6.32%
Free Cash Flow
19.66%
-1.82%
-43.52%
Net Income, GAAP
50.76%
12%
-27.55%
Sales/Revenue/Turnover
9.61%
4.56%
-3.32%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6
6
7
7
26
2025
5
7
7
6
25
2026
5
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.09
0.09
0.18
0.4
2025
0.01
0.11
0.22
-0.04
0.3
2026
0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Where Food Comes From, Inc. (WFCF) operates as a leading independent third-party verification and certification company for food production claims in the United States, focusing on livestock, specialty crops, agricultural products, and aquaculture through on-site and desk audits; it offers the Source Verified retail and restaurant labeling program to connect consumers to food origins via product labels and web-based education tools; and provides technology solutions, software sales, consulting, data analysis, reporting, and hardware. Core products and services include verification programs such as animal welfare, non-GMO Project, SQF food safety, organic certification under USDA National Organic Program, Regenerative Organic Certified, Upcycled Certified, Paleo Diet, gluten-free, plant-based, sustainability via SureHarvest, hemp-derived CBD, transitional certification, and seafood traceability through programs like Smart Catch; these are delivered via subsidiaries and divisions including IMI Global, Validus Verification Services, International Certification Services (rebranded as WFCF Organic), SureHarvest, and Postelsia, serving farmers, ranchers, vineyards, wineries, processors, packers, retailers, distributors, trade associations, restaurants, beef and pork packers, organic producers, and specialty retail chains across beef, pork, poultry, plant-based, and other food sectors. Founded in 1996 and headquartered in Castle Rock, Colorado, the company generates majority revenue from its Verification and Certification segment, with additional income from Professional Services and product sales; it previously operated as Integrated Management Information, Inc. before renaming in December 2012. Recent developments include a December 2025 partnership with Pangea to support American beef producers via CARE Certified Sustainable Leather; acquisition of the Upcycled Certified program in December 2023 to capitalize on food waste reduction trends; integration of the Smart Catch seafood sustainability program in October 2023; investment in BlueTrace seafood traceability in April 2023; designation as exclusive verifier for Bee Friendly Farming certification with initial brands Silk Canada and KIND Snacks in May 2023; and recognition on TIME Magazine's America's Growth Leaders 2026 Top 100 list in November 2025, alongside steady quarterly financial reporting showing verification revenue stability around $5.4 million to $5.6 million.

Company News

APIChatGPT
  • Where Food Comes From Q1 Earnings Rise Y/Y Amid Certification Growth

  • Where Food Comes From, Inc. (WFCF) Q1 2026 Earnings Call Transcript

  • Where Food Comes From, Inc. Reports 2026 First Quarter Financial Results

  • Where Food Comes From, Inc. Schedules 2026 First Quarter Earnings Call

  • Where Food Comes From (NASDAQ:WFCF) Stock Passes Above 50-Day Moving Average – Should You Sell?

  • Where Food Comes From (NASDAQ:WFCF) Shares Pass Above 200 Day Moving Average – Here’s Why

  • Where Food Comes From (NASDAQ:WFCF) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

  • Where Food Comes From (NASDAQ:WFCF) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

  • Where Food Comes From Incurs Loss in Q4 Amid Beef Industry Headwinds

  • Where Food Comes From, Inc. (WFCF) Q4 2025 Earnings Call Transcript

  • Where Food Comes From, Inc. Reports 2025 Financial Results

  • Where Food Comes From, Inc. Schedules 2025 Year-End Earnings Call

  • Where Food Comes From, Inc. Expands Premium Protein Portfolio with Whole Foods Market Adoption of RaiseWell® Certified for Beef

  • WFCF Shares Rally Toward 52-Week High: Buy the Strength or Wait?

  • Where Food Comes From Launches RaiseWell Certified Verification

  • Where Food Comes From Provides Investors and Media with Video Links to Live Auction of First RaiseWell® Certified Cattle

  • Where Food Comes From, Inc. Announces Launch of RaiseWell® Certified: A New Standard for Natural Livestock Production

  • Where Food Comes From (NASDAQ:WFCF) vs. Firemans Contractors (OTCMKTS:FRCN) Financial Analysis

  • Analyzing Where Food Comes From (NASDAQ:WFCF) and Firemans Contractors (OTCMKTS:FRCN)

  • Firemans Contractors (OTCMKTS:FRCN) & Where Food Comes From (NASDAQ:WFCF) Head to Head Analysis