Where Food Comes From Inc
NASDAQ:WFCF
Income Statement
Earnings Waterfall
Where Food Comes From Inc
Revenue
|
25.1m
USD
|
Cost of Revenue
|
-14.6m
USD
|
Gross Profit
|
10.5m
USD
|
Operating Expenses
|
-7.8m
USD
|
Operating Income
|
2.7m
USD
|
Other Expenses
|
-545k
USD
|
Net Income
|
2.2m
USD
|
Income Statement
Where Food Comes From Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
6
N/A
|
6
+6%
|
7
+12%
|
8
+16%
|
9
+9%
|
10
+10%
|
10
+5%
|
11
+5%
|
10
-2%
|
11
+3%
|
11
+3%
|
11
+3%
|
12
+2%
|
12
+5%
|
13
+6%
|
14
+11%
|
15
+8%
|
16
+3%
|
17
+6%
|
17
+2%
|
18
+3%
|
18
+2%
|
19
+2%
|
20
+6%
|
21
+5%
|
21
0%
|
20
-2%
|
20
0%
|
20
-1%
|
21
+3%
|
21
+3%
|
22
+2%
|
22
+1%
|
24
+8%
|
24
+1%
|
25
+3%
|
25
+1%
|
24
-4%
|
25
+3%
|
25
-1%
|
25
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(15)
|
|
Gross Profit |
3
N/A
|
3
+1%
|
3
+8%
|
3
+16%
|
4
+10%
|
4
+11%
|
4
+8%
|
5
+6%
|
5
+2%
|
5
+5%
|
5
+2%
|
5
+2%
|
5
+1%
|
6
+5%
|
6
+5%
|
7
+12%
|
7
+3%
|
7
+4%
|
8
+6%
|
7
-1%
|
8
+4%
|
8
-1%
|
8
+1%
|
8
+5%
|
9
+12%
|
9
-1%
|
9
+0%
|
9
+2%
|
9
-3%
|
9
+3%
|
9
-1%
|
9
+2%
|
10
+5%
|
10
+6%
|
10
+1%
|
11
+2%
|
10
-2%
|
10
-2%
|
11
+4%
|
10
-3%
|
11
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
|
Selling, General & Administrative |
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
|
Operating Income |
0
N/A
|
(0)
N/A
|
(0)
N/A
|
0
N/A
|
0
+36%
|
1
+85%
|
1
+17%
|
1
-14%
|
1
+25%
|
1
+10%
|
1
+6%
|
1
+6%
|
1
-36%
|
1
-17%
|
0
-71%
|
0
+60%
|
0
-67%
|
0
+50%
|
0
+300%
|
0
-6%
|
1
+93%
|
1
-37%
|
1
+29%
|
1
+27%
|
2
+72%
|
1
-16%
|
1
+5%
|
2
+26%
|
2
-2%
|
2
+27%
|
2
-9%
|
3
+63%
|
2
-27%
|
3
+23%
|
3
+1%
|
3
-2%
|
3
-5%
|
2
-20%
|
2
+17%
|
2
-2%
|
3
+11%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
1
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(0)
N/A
|
(0)
-1 800%
|
(0)
-5%
|
0
N/A
|
0
+55%
|
1
+82%
|
1
+21%
|
1
-13%
|
1
+22%
|
1
+13%
|
1
+4%
|
1
+6%
|
1
-35%
|
1
-19%
|
0
-69%
|
0
+56%
|
0
-60%
|
0
+30%
|
0
+277%
|
1
+14%
|
1
+75%
|
1
-30%
|
1
+26%
|
1
+14%
|
1
+49%
|
1
-3%
|
2
+5%
|
2
+24%
|
2
-1%
|
3
+80%
|
3
-6%
|
3
+5%
|
4
+9%
|
3
-14%
|
3
+1%
|
3
-3%
|
3
-8%
|
2
-16%
|
3
+17%
|
3
-3%
|
3
+14%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
3
|
3
|
3
|
3
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
|
Income to Minority Interest |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(0)
N/A
|
(0)
-175%
|
(0)
N/A
|
0
N/A
|
0
+44%
|
0
+78%
|
1
+22%
|
0
-14%
|
1
+23%
|
1
+6%
|
1
+5%
|
1
+7%
|
0
-32%
|
0
+7%
|
0
-24%
|
0
+20%
|
0
-67%
|
0
-57%
|
0
+200%
|
0
+50%
|
1
+196%
|
1
-21%
|
1
+29%
|
1
+20%
|
1
+39%
|
1
-7%
|
1
-1%
|
1
+15%
|
1
-3%
|
3
+100%
|
3
-5%
|
3
+5%
|
3
+7%
|
2
-22%
|
2
+1%
|
2
-3%
|
2
-12%
|
2
-19%
|
2
+19%
|
2
-4%
|
2
+16%
|
|
EPS (Diluted) |
0
N/A
|
-0.01
N/A
|
-0.01
N/A
|
0.03
N/A
|
0.04
+33%
|
0.07
+75%
|
0.08
+14%
|
0.07
-13%
|
0.09
+29%
|
0.09
N/A
|
0.1
+11%
|
0.11
+10%
|
0.07
-36%
|
0.08
+14%
|
0.06
-25%
|
0.07
+17%
|
0.03
-57%
|
0.02
-33%
|
0.04
+100%
|
0.05
+25%
|
0.03
-40%
|
0.1
+233%
|
0.13
+30%
|
0.14
+8%
|
0.21
+50%
|
0.2
-5%
|
0.2
N/A
|
0.23
+15%
|
0.22
-4%
|
0.45
+105%
|
0.42
-7%
|
0.44
+5%
|
0.48
+9%
|
0.37
-23%
|
0.38
+3%
|
0.37
-3%
|
0.33
-11%
|
0.27
-18%
|
0.32
+19%
|
0.32
N/A
|
0.39
+22%
|