Symbols / WFCF Stock $12.36 -1.12% Where Food Comes From, Inc.

Industrials • Specialty Business Services • United States • NCM
WFCF (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Industrials
Industry Specialty Business Services
CEO Mr. John K. Saunders
Exch · Country NCM · United States
Market Cap 62.50M
Enterprise Value 60.14M
Income 1.54M
Sales 24.89M
FCF (ttm) 1.55M
Book/sh 1.84
Cash/sh 0.63
Employees 89
Insider 10d —
IPO Nov 15, 2006
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 41.20
Forward P/E 25.22
PEG 0.44
P/S 2.51
P/B 6.72
P/C —
EV/EBITDA 32.40
EV/Sales 2.42
Quick Ratio 1.58
Current Ratio 2.03
Debt/Eq 10.13
LT Debt/Eq —
EPS (ttm) 0.30
EPS next Y 0.49
EPS Growth —
Revenue Growth -9.30%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-05-07
Earnings (prior) 2022-11-14
ROA 5.34%
ROE 15.97%
ROIC —
Gross Margin 38.20%
Oper. Margin -0.99%
Profit Margin 6.17%
Shs Outstand 5.06M
Shs Float 1.74M
Insider Own 52.54%
Instit Own 24.92%
Short Float 0.30%
Short Ratio 2.05
Short Interest 7.14K
52W High 13.78
vs 52W High -10.30%
52W Low 9.26
vs 52W Low 33.48%
Beta 0.18
Impl. Vol. —
Rel Volume 0.15
Avg Volume 2.83K
Volume 426.00
Target (mean) —
Tgt Median —
Tgt Low —
Tgt High —
# Analysts —
Recom None
Prev Close $12.50
Price $12.36
Change -1.12%
About

Where Food Comes From, Inc., together with its subsidiaries, operates as a third-party food verification company in North America. The company conducts on-site and desk audits to verify claims about livestock, food, other specialty crops, and agricultural and aquaculture products; offers various value-added services, including verification, certification, consulting, and other professional services; and sells hardware and technology solutions. It serves farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, consumer brands, chefs, and restaurants, as well as beef and pork packers, organic producers and processors, and specialty retail chains. The company was formerly known as Integrated Management Information, Inc. and changed its name to Where Food Comes From, Inc. in December 2012. Where Food Comes From, Inc. was founded in 1996 and is based in Castle Rock, Colorado.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$12.36
Latest analyst target
3. DCF / Fair value
$5.52
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$12.36
Low
—
High
—
Mean
—
News
RSS: Latest WFCF news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-02-23 SAUNDERS LEANN Chief Operating Officer — 863 $0.00 $0
2026-02-23 HENNING DANNETTE Chief Financial Officer — 863 $0.00 $0
2026-02-23 SAUNDERS JOHN K Chief Executive Officer — 863 $0.00 $0
2025-12-09 SAUNDERS LEANN President — 2,800 $0.00 $0
2025-12-09 SAUNDERS JOHN K Chief Executive Officer — 2,800 $0.00 $0
2025-11-18 LARSON ADAM Director — 500 $0.00 $0
2025-11-18 HEINEN TOM Director — 500 $0.00 $0
2025-11-18 REIN GRAEME P Director and Beneficial Owner of more than 10% of a Class of Security — 500 $0.00 $0
2025-11-18 LAPASEOTES PETE Director — 500 $0.00 $0
2025-05-19 SAUNDERS LEANN Chief Operating Officer — 1,750 $10.00 $17,500
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
24.89
-3.32%
25.75
+2.43%
25.14
+1.17%
24.84
Operating Revenue
24.89
-3.32%
25.75
+2.43%
25.14
+1.17%
24.84
Cost Of Revenue
15.38
+1.32%
15.18
+3.91%
14.61
+1.64%
14.38
Reconciled Cost Of Revenue
15.38
+1.32%
15.18
+3.91%
14.61
+1.64%
14.38
Gross Profit
9.51
-9.98%
10.56
+0.38%
10.52
+0.52%
10.47
Operating Expense
8.30
-0.63%
8.36
+6.77%
7.83
+0.12%
7.82
Selling General And Administration
8.30
-0.63%
8.36
+6.77%
7.83
+0.12%
7.82
Total Expenses
23.69
+0.62%
23.54
+4.91%
22.44
+1.10%
22.19
Operating Income
1.21
-45.36%
2.21
-18.17%
2.70
+1.70%
2.65
Total Operating Income As Reported
1.21
-45.36%
2.21
-18.17%
2.70
+1.70%
2.65
EBITDA
2.88
-20.61%
3.63
-2.00%
3.70
+3.35%
3.58
Normalized EBITDA
1.88
-34.93%
2.89
-14.63%
3.38
-1.11%
3.42
Reconciled Depreciation
0.65
+0.46%
0.65
+2.05%
0.63
-17.12%
0.77
EBIT
2.23
-25.18%
2.98
-2.83%
3.07
+8.90%
2.82
Total Unusual Items
1.00
+35.22%
0.74
+131.56%
0.32
+97.53%
0.16
Total Unusual Items Excluding Goodwill
1.00
+35.22%
0.74
+131.56%
0.32
+97.53%
0.16
Special Income Charges
0.95
+94500.00%
0.00
-85.71%
0.01
+114.00%
-0.05
Other Special Charges
—
—
—
—
Write Off
—
—
0.00
-100.00%
0.06
Net Income
1.54
-27.55%
2.12
-1.49%
2.15
+7.92%
1.99
Pretax Income
2.23
-25.18%
2.98
-2.81%
3.06
+8.84%
2.82
Net Non Operating Interest Income Expense
0.02
-32.26%
0.03
-34.04%
0.05
+1666.67%
-0.00
Interest Expense Non Operating
0.00
-25.00%
0.00
-20.00%
0.01
+66.67%
0.00
Net Interest Income
0.02
-32.26%
0.03
-34.04%
0.05
+1666.67%
-0.00
Interest Expense
0.00
-25.00%
0.00
-20.00%
0.01
+66.67%
0.00
Interest Income Non Operating
0.02
-31.43%
0.04
-32.69%
0.05
—
Interest Income
0.02
-31.43%
0.04
-32.69%
0.05
—
Other Income Expense
1.00
+35.22%
0.74
+130.84%
0.32
+92.22%
0.17
Other Non Operating Income Expenses
—
—
0.00
-80.00%
0.01
Gain On Sale Of Security
0.06
-92.43%
0.74
+136.42%
0.31
+47.64%
0.21
Tax Provision
0.69
-19.32%
0.86
-5.91%
0.91
+11.07%
0.82
Tax Rate For Calcs
0.00
+7.61%
0.00
-2.69%
0.00
+3.13%
0.00
Tax Effect Of Unusual Items
0.31
+45.52%
0.21
+125.33%
0.10
+103.70%
0.05
Net Income Including Noncontrolling Interests
1.54
-27.55%
2.12
-1.49%
2.15
+7.92%
1.99
Net Income From Continuing Operation Net Minority Interest
1.54
-27.55%
2.12
-1.49%
2.15
+7.92%
1.99
Net Income From Continuing And Discontinued Operation
1.54
-27.55%
2.12
-1.49%
2.15
+7.92%
1.99
Net Income Continuous Operations
1.54
-27.55%
2.12
-1.49%
2.15
+7.92%
1.99
Normalized Income
0.85
-46.92%
1.59
-17.33%
1.93
+2.58%
1.88
Net Income Common Stockholders
1.54
-27.55%
2.12
-1.49%
2.15
+7.92%
1.99
Diluted EPS
—
0.40
+2.56%
0.39
+18.18%
0.33
Basic EPS
—
0.40
+2.56%
0.39
+14.71%
0.34
Basic Average Shares
—
5.32
-3.04%
5.49
-7.89%
5.96
Diluted Average Shares
—
5.33
-3.86%
5.55
-8.07%
6.04
Diluted NI Availto Com Stockholders
1.54
-27.55%
2.12
-1.49%
2.15
+7.92%
1.99
Gain On Sale Of PPE
0.95
+94500.00%
0.00
-85.71%
0.01
-41.67%
0.01
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
12.90
-15.73%
15.31
-6.02%
16.29
-10.99%
18.30
Current Assets
6.28
+13.17%
5.54
-10.75%
6.21
-21.26%
7.89
Cash Cash Equivalents And Short Term Investments
3.20
+59.05%
2.01
-23.82%
2.64
-39.54%
4.37
Cash And Cash Equivalents
3.20
+59.05%
2.01
-23.82%
2.64
-39.54%
4.37
Cash Financial
—
2.01
-23.82%
2.64
-39.54%
4.37
Receivables
1.68
-8.11%
1.83
-14.19%
2.13
-2.03%
2.17
Accounts Receivable
1.68
-8.11%
1.83
-14.19%
2.13
-2.03%
2.17
Gross Accounts Receivable
1.77
-6.30%
1.89
-13.42%
2.18
-1.98%
2.23
Allowance For Doubtful Accounts Receivable
-0.09
-45.31%
-0.06
-16.36%
-0.06
+0.00%
-0.06
Inventory
0.79
-20.96%
1.00
-9.65%
1.11
+24.89%
0.89
Prepaid Assets
—
—
—
—
Other Current Assets
0.60
-14.18%
0.70
+110.45%
0.34
-27.65%
0.46
Total Non Current Assets
6.62
-32.14%
9.76
-3.10%
10.07
-3.19%
10.40
Net PPE
1.13
-59.56%
2.80
-9.43%
3.09
-13.04%
3.55
Gross PPE
1.19
-58.19%
2.84
-46.34%
5.29
-12.76%
6.06
Accumulated Depreciation
-0.06
-37.50%
-0.04
+98.18%
-2.20
+12.37%
-2.51
Properties
0.00
0.00
0.00
0.00
Land And Improvements
—
—
—
0.00
Buildings And Improvements
0.81
+0.00%
0.81
+0.12%
0.81
+0.12%
0.81
Machinery Furniture Equipment
2.16
+2.57%
2.10
-3.67%
2.18
-17.54%
2.65
Other Properties
-1.78
-2228.90%
-0.08
-103.33%
2.30
-11.93%
2.61
Goodwill And Other Intangible Assets
4.36
-8.06%
4.74
-8.09%
5.16
-2.91%
5.31
Goodwill
2.95
+0.00%
2.95
+0.00%
2.95
+0.00%
2.95
Other Intangible Assets
1.41
-21.28%
1.80
-18.86%
2.21
-6.52%
2.37
Investments And Advances
0.20
-83.21%
1.19
+0.00%
1.19
+20.18%
0.99
Long Term Equity Investment
0.20
-83.21%
1.19
+0.00%
1.19
+20.18%
0.99
Non Current Deferred Assets
0.30
-16.01%
0.36
-27.79%
0.49
-5.74%
0.52
Non Current Deferred Taxes Assets
0.30
-16.01%
0.36
-27.79%
0.49
-5.74%
0.52
Other Non Current Assets
0.63
-5.94%
0.67
+384.17%
0.14
+504.35%
0.02
Total Liabilities Net Minority Interest
3.59
-33.11%
5.37
-1.72%
5.47
-6.05%
5.82
Current Liabilities
3.08
-2.96%
3.18
+6.71%
2.98
-1.91%
3.04
Payables And Accrued Expenses
1.06
+3.72%
1.02
-10.43%
1.14
-16.96%
1.37
Payables
0.48
-4.03%
0.50
-21.14%
0.63
-3.82%
0.65
Accounts Payable
0.45
-3.63%
0.47
-17.46%
0.57
-11.41%
0.64
Current Accrued Expenses
0.58
+11.03%
0.53
+2.73%
0.51
-28.89%
0.72
Total Tax Payable
0.03
-10.71%
0.03
-54.84%
0.06
+342.86%
0.01
Current Debt And Capital Lease Obligation
0.43
+23.30%
0.35
+12.82%
0.31
-10.86%
0.35
Current Capital Lease Obligation
0.43
+23.30%
0.35
+12.82%
0.31
-10.86%
0.35
Current Deferred Liabilities
1.59
-11.86%
1.80
+18.28%
1.53
+16.22%
1.31
Current Deferred Revenue
1.59
-11.86%
1.80
+18.28%
1.53
+16.22%
1.31
Total Non Current Liabilities Net Minority Interest
0.51
-76.80%
2.19
-11.82%
2.49
-10.57%
2.78
Long Term Debt And Capital Lease Obligation
0.51
-76.80%
2.19
-11.82%
2.49
-10.57%
2.78
Long Term Capital Lease Obligation
0.51
-76.80%
2.19
-11.82%
2.49
-10.57%
2.78
Stockholders Equity
9.30
-6.32%
9.93
-8.19%
10.82
-13.29%
12.48
Common Stock Equity
9.30
-6.32%
9.93
-8.19%
10.82
-13.29%
12.48
Capital Stock
0.01
-28.57%
0.01
+0.00%
0.01
+16.67%
0.01
Common Stock
0.01
-28.57%
0.01
+0.00%
0.01
+16.67%
0.01
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
5.21
-19.18%
6.45
-1.06%
6.52
+0.23%
6.50
Ordinary Shares Number
5.06
-3.49%
5.24
-4.74%
5.50
-4.71%
5.78
Treasury Shares Number
0.15
-87.40%
1.21
+18.93%
1.01
+39.48%
0.73
Additional Paid In Capital
0.02
-99.80%
11.38
-7.40%
12.29
+1.19%
12.14
Retained Earnings
11.06
-7.89%
12.01
+23.26%
9.74
+28.36%
7.59
Treasury Stock
1.78
-86.76%
13.46
+19.99%
11.22
+54.47%
7.26
Total Equity Gross Minority Interest
9.30
-6.32%
9.93
-8.19%
10.82
-13.29%
12.48
Total Capitalization
9.30
-6.32%
9.93
-8.19%
10.82
-13.29%
12.48
Working Capital
3.19
+34.83%
2.37
-26.84%
3.23
-33.37%
4.85
Invested Capital
9.30
-6.32%
9.93
-8.19%
10.82
-13.29%
12.48
Total Debt
0.94
-62.96%
2.55
-9.07%
2.80
-10.60%
3.13
Capital Lease Obligations
0.94
-62.96%
2.55
-9.07%
2.80
-10.60%
3.13
Net Tangible Assets
4.94
-4.74%
5.19
-8.28%
5.66
-20.99%
7.16
Tangible Book Value
4.94
-4.74%
5.19
-8.28%
5.66
-20.99%
7.16
Available For Sale Securities
—
—
—
0.99
Investmentin Financial Assets
—
—
—
0.99
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
1.61
-41.14%
2.73
-3.26%
2.82
+6.33%
2.65
Cash Flow From Continuing Operating Activities
1.61
-41.14%
2.73
-3.26%
2.82
+6.33%
2.65
Net Income From Continuing Operations
1.54
-27.55%
2.12
-1.49%
2.15
+7.92%
1.99
Depreciation Amortization Depletion
0.65
+0.46%
0.65
+2.05%
0.63
-17.12%
0.77
Depreciation And Amortization
0.65
+0.46%
0.65
+2.05%
0.63
-17.12%
0.77
Other Non Cash Items
-0.00
—
—
—
Stock Based Compensation
0.02
-32.35%
0.03
-56.41%
0.08
-49.35%
0.15
Asset Impairment Charge
0.10
+133.00%
-0.30
-775.00%
0.04
-50.00%
0.09
Deferred Tax
0.06
-37.78%
0.09
+200.00%
0.03
+150.85%
-0.06
Deferred Income Tax
0.06
-37.78%
0.09
+200.00%
0.03
+150.85%
-0.06
Operating Gains Losses
-0.95
-94500.00%
-0.00
+85.71%
-0.01
+41.67%
-0.01
Change In Working Capital
0.19
+39.42%
0.14
+225.69%
-0.11
+60.51%
-0.28
Change In Receivables
0.09
-64.17%
0.25
0.00
+100.00%
-0.02
Changes In Account Receivables
0.09
-64.17%
0.25
0.00
+100.00%
-0.02
Change In Inventory
0.21
+96.26%
0.11
+148.42%
-0.22
-82.64%
-0.12
Change In Prepaid Assets
0.10
+127.93%
-0.36
-330.97%
0.15
+212.32%
-0.14
Change In Payables And Accrued Expense
0.03
+126.21%
-0.10
+54.63%
-0.23
-190.08%
0.25
Change In Accrued Expense
0.04
+1200.00%
-0.00
+97.40%
-0.15
-361.02%
0.06
Change In Payable
-0.02
+82.83%
-0.10
-35.62%
-0.07
-137.82%
0.19
Change In Account Payable
-0.02
+82.83%
-0.10
-35.62%
-0.07
-137.82%
0.19
Change In Other Working Capital
-0.24
-200.00%
0.24
+28.80%
0.18
+173.90%
-0.25
Change In Other Current Assets
—
—
—
—
Investing Cash Flow
1.68
+1157.86%
-0.16
+75.46%
-0.65
-142.70%
-0.27
Cash Flow From Continuing Investing Activities
1.68
+1157.86%
-0.16
+75.46%
-0.65
-142.70%
-0.27
Net PPE Purchase And Sale
-0.15
+2.52%
-0.16
-7.43%
-0.15
-66.29%
-0.09
Purchase Of PPE
-0.15
+2.52%
-0.16
-7.43%
-0.15
-66.29%
-0.09
Capital Expenditure
-0.15
+2.52%
-0.16
-7.43%
-0.15
+44.57%
-0.27
Net Business Purchase And Sale
1.84
0.00
+100.00%
-0.50
0.00
Purchase Of Business
—
0.00
+100.00%
-0.50
0.00
Net Intangibles Purchase And Sale
—
—
0.00
+100.00%
-0.18
Purchase Of Intangibles
—
—
0.00
+100.00%
-0.18
Net Other Investing Changes
—
—
—
—
Financing Cash Flow
-2.10
+34.34%
-3.20
+17.97%
-3.90
-13.63%
-3.43
Cash Flow From Continuing Financing Activities
-2.10
+34.34%
-3.20
+17.97%
-3.90
-13.63%
-3.43
Net Issuance Payments Of Debt
-0.01
-7.14%
-0.01
-7.69%
-0.01
+0.00%
-0.01
Issuance Of Debt
—
—
—
—
Repayment Of Debt
-0.01
-7.14%
-0.01
-7.69%
-0.01
+0.00%
-0.01
Long Term Debt Issuance
—
—
—
—
Long Term Debt Payments
-0.01
-7.14%
-0.01
-7.69%
-0.01
+0.00%
-0.01
Net Long Term Debt Issuance
-0.01
-7.14%
-0.01
-7.69%
-0.01
+0.00%
-0.01
Net Common Stock Issuance
-2.17
+33.76%
-3.27
+17.34%
-3.96
-14.47%
-3.46
Common Stock Payments
-2.17
+33.76%
-3.27
+17.34%
-3.96
-14.47%
-3.46
Cash Dividends Paid
—
—
—
0.00
Repurchase Of Capital Stock
-2.17
+33.76%
-3.27
+17.34%
-3.96
-14.47%
-3.46
Proceeds From Stock Option Exercised
0.08
-4.76%
0.08
+23.53%
0.07
+88.89%
0.04
Changes In Cash
1.19
+288.87%
-0.63
+63.58%
-1.73
-65.11%
-1.05
Beginning Cash Position
2.01
-23.82%
2.64
-39.54%
4.37
-19.32%
5.41
End Cash Position
3.20
+59.05%
2.01
-23.82%
2.64
-39.54%
4.37
Free Cash Flow
1.45
-43.52%
2.57
-3.85%
2.67
+12.02%
2.39
Interest Paid Supplemental Data
0.00
0.00
0.00
0.00
Income Tax Paid Supplemental Data
0.44
-64.48%
1.24
+54.11%
0.80
-26.01%
1.08
Sale Of Business
1.84
0.00
—
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category