Where Food Comes From, Inc.
About Where Food Comes From, Inc.
Where Food Comes From Inc is a third-party food verification company conducting both on-site and desk audits to verify that claims being made about livestock, food, other high-value specialty crops and agricultural and aquaculture products are accurate. The company supports farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, and restaurants with a wide variety of value-added services provided through its family of verifiers, including International Certification Services, Validus Verification Services, and others. It also provides a wide range of professional consulting services. It generates the majority of its revenue from Verification and certification services.
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Financial summary
- Revenue FY2025
- $24.9M
- Net income
- $1.5M
- Total assets
- $12.9M
- Market cap
- $51.1M
- Gross margin
- 38.2%
- Operating margin
- 4.8%
- Net margin
- 6.2%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $24.9M
- Cost of revenue
- $15.4M
- Gross profit
- $9.5M
- Operating expenses
- $8.3M
- Operating income
- $1.2M
- Income tax
- $693.0K
- Net income
- $1.5M
- EPS (basic)
- $0.30
- EPS (diluted)
- $0.30
Balance sheet
- Total assets
- $12.9M
- Current assets
- $6.3M
- Total liabilities
- $3.6M
- Current liabilities
- $3.1M
- Shareholders’ equity
- $9.3M
Cash flow
- Operating cash flow
- $1.6M
- Investing cash flow
- $1.7M
- Financing cash flow
- -$2.1M
- Net cash flow
- $1.2M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $51.1M
- P/E ratio
- 35.5
- EPS (diluted)
- $0.3
- Shares outstanding
- 4.8M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Feb 11, 1999
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $1.5M in FY2025.
- Revenue grew 13% from FY2021 to FY2025.
- Gross margin of 38.2%, net margin 6.2%.
- Trading 41% below its 52-week high.
- Valued at a price-to-earnings (P/E) ratio of 35.5.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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