WFCF
Income statement / Annual
Last year (2024), Where Food Comes From, Inc.'s total revenue was $25.75 M,
an increase of 2.43% from the previous year.
In 2024, Where Food Comes From, Inc.'s net income was $2.12 M.
See Where Food Comes From, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$25.75 M |
$25.14 M |
$24.85 M |
$21.93 M |
$20.08 M |
$20.77 M |
$17.80 M |
$15.45 M |
$11.62 M |
$10.40 M |
| Cost of Revenue |
$15.18 M
|
$14.61 M
|
$14.38 M
|
$12.20 M
|
$11.15 M
|
$11.70 M
|
$10.06 M
|
$8.63 M
|
$6.20 M
|
$5.54 M
|
| Gross Profit |
$10.56 M
|
$10.52 M
|
$10.47 M
|
$9.74 M
|
$8.93 M
|
$9.08 M
|
$7.74 M
|
$6.82 M
|
$5.41 M
|
$4.85 M
|
| Gross Profit Ratio |
0.41
|
0.42
|
0.42
|
0.44
|
0.44
|
0.44
|
0.43
|
0.44
|
0.47
|
0.47
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$70,000.00
|
$250,000.00
|
$222,000.00
|
$186,000.00
|
$43,000.00
|
$43,000.00
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$8.36 M
|
$7.83 M
|
$7.82 M
|
$7.43 M
|
$7.24 M
|
$7.53 M
|
$6.87 M
|
$6.74 M
|
$4.78 M
|
$4.06 M
|
| Other Expenses |
$0.00
|
$0.00
|
$5,000.00
|
$2,000.00
|
$7,000.00
|
$9,330.00
|
$14,270.00
|
$14,578.00
|
$4,131.00
|
$770.00
|
| Operating Expenses |
$8.36 M
|
$7.83 M
|
$7.82 M
|
$7.43 M
|
$7.24 M
|
$7.53 M
|
$6.87 M
|
$6.74 M
|
$4.78 M
|
$4.06 M
|
| Cost And Expenses |
$23.54 M
|
$22.44 M
|
$22.19 M
|
$19.63 M
|
$18.39 M
|
$19.22 M
|
$16.93 M
|
$15.37 M
|
$10.98 M
|
$9.60 M
|
| Interest Income |
$35,000.00
|
$0.00
|
$247,000.00
|
$194,000.00
|
$137,000.00
|
$110,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$4,000.00
|
$5,000.00
|
$3,000.00
|
$6,000.00
|
$13,000.00
|
$10,057.00
|
$4,837.00
|
$1,591.00
|
$1,517.00
|
$1,585.00
|
| Depreciation & Amortization |
$647,000.00
|
$634,000.00
|
$710,000.00
|
$799,000.00
|
$997,000.00
|
$1.10 M
|
$942,418.00
|
$854,180.00
|
$267,645.00
|
$256,272.00
|
| EBITDA |
$3.63 M |
$3.33 M |
$3.53 M |
$3.10 M |
$2.86 M |
$2.40 M |
$1.93 M |
$950,942.00 |
$906,274.00 |
$1.05 M |
| EBITDA Ratio |
0.14
|
0.13
|
0.11
|
0.11
|
0.08
|
0.08
|
0.05
|
0.01
|
0.05
|
0.1
|
| Operating Income Ratio |
0.09
|
0.11
|
0.08
|
0.07
|
0.03
|
0.02
|
0.05
|
0.01
|
0.05
|
0.08
|
| Total Other Income/Expenses Net |
$772,000.00
|
$368,000.00
|
$164,000.00
|
$1.32 M
|
$160,000.00
|
-$69,401.00
|
$109,433.00
|
$12,987.00
|
$2,614.00
|
-$815.00
|
| Income Before Tax |
$2.98 M
|
$3.07 M
|
$2.82 M
|
$3.62 M
|
$1.85 M
|
$1.48 M
|
$983,986.00
|
$95,169.00
|
$637,113.00
|
$794,418.00
|
| Income Before Tax Ratio |
0.12
|
0.12
|
0.11
|
0.17
|
0.09
|
0.07
|
0.06
|
0.01
|
0.05
|
0.08
|
| Income Tax Expense |
$859,000.00
|
$913,000.00
|
$822,000.00
|
$659,000.00
|
$462,000.00
|
$460,000.00
|
$309,008.00
|
$266,225.00
|
$235,547.00
|
$298,150.00
|
| Net Income |
$2.12 M
|
$2.15 M
|
$1.99 M
|
$2.96 M
|
$1.39 M
|
$1.02 M
|
$800,736.00
|
$142,314.00
|
$433,171.00
|
$533,917.00
|
| Net Income Ratio |
0.08
|
0.09
|
0.08
|
0.14
|
0.07
|
0.05
|
0.04
|
0.01
|
0.04
|
0.05
|
| EPS |
0.4 |
0.39 |
0.33 |
0.49 |
0.22 |
0.16 |
0.13 |
0.04 |
0.08 |
0.08 |
| EPS Diluted |
0.4 |
0.39 |
0.33 |
0.48 |
0.22 |
0.16 |
0.13 |
0.04 |
0.08 |
0.08 |
| Weighted Average Shares Out |
$5.32 M
|
$5.49 M
|
$5.96 M
|
$6.10 M
|
$6.16 M
|
$6.21 M
|
$6.21 M
|
$6.17 M
|
$5.95 M
|
$5.95 M
|
| Weighted Average Shares Out Diluted |
$5.33 M
|
$5.55 M
|
$6.04 M
|
$6.19 M
|
$6.22 M
|
$6.26 M
|
$6.25 M
|
$6.21 M
|
$5.99 M
|
$5.99 M
|
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