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Where Food Comes From, Inc. (WFCF)

For the quarter ending 2025-06-30, WFCF made $6,562K in revenue. $562K in net income. Net profit margin of 8.56%.

Overview

Revenue
$6,562K
Net Income
$562K
Net Profit Margin
8.56%
EPS
$0.11
Unit: Thousand (K) dollars
Revenue Breakdown
    • Verification And Certification S...
    • Product
    • Professional Services

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenues6,562 5,273 7,107 6,395
Verification And Certification Service Revenue3,282 - - -
Professional Services203 - - -
Product617 - - -
Total costs of revenues4,102 3,078 4,333 3,737
Gross profit2,460 2,195 2,774 2,658
Selling, general and administrative expenses1,911 2,053 2,166 2,075
Income from operations549 142 608 583
Dividend income50 - 50 100
Interest income5 4 - -
Interest expense1 1 1 1
Loss on foreign currency exchange-3 - - -2
Fair market value gain on digital assets172 -76 - -
Gain on sale of assets- - 1 -
Other income, net- - 15 7
Income before income taxes772 69 673 687
Income tax expense210 38 181 198
Net income562 31 492 489
Basic0.11 0.01 0.09 0.09
Basic5,272,000 5,212,000 5,342,000 5,371,000
Diluted0.11 0.01 0.09 0.09
Diluted5,283,000 5,230,000 5,357,000 5,388,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Product$964K Professional Services$266K Verification AndCertification Service Revenue$5,332K Total revenues$6,562K (2.61%↑ Y/Y)Gross profit$2,460K (-7.45%↓ Y/Y)Total costs ofrevenues$4,102K (9.77%↑ Y/Y)Fair market valuegain on digital...$172K Interest income$5K Dividend income$50K (-50.00%↓ Y/Y)Income from operations$549K (-5.83%↓ Y/Y)Selling, general andadministrative expenses$1,911K (-7.90%↓ Y/Y)Product$617K Professional Services$203K Verification AndCertification Service Revenue$3,282K Income before incometaxes$772K (12.37%↑ Y/Y)Loss on foreigncurrency exchange-$3K (-50.00%↓ Y/Y)Interest expense$1K (0.00%↑ Y/Y)Net income$562K (14.93%↑ Y/Y)Income tax expense$210K (6.06%↑ Y/Y)