Where Food Comes From, Inc.
WFCFNasdaqTechnology · Services-Prepackaged Software · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $24.9M | $25.7M | $25.1M | $24.8M | $21.9M | $20.1M |
| Operating income | $1.2M | $2.2M | $2.7M | $2.7M | $2.3M | $1.7M |
| Net income | $1.5M | $2.1M | $2.2M | $2.0M | $3.0M | $1.4M |
| Total assets | $12.9M | $15.3M | $16.3M | $18.3M | $19.8M | $19.4M |
| Total liabilities | $3.6M | $5.4M | $5.5M | $5.8M | $6.0M | $7.0M |
| Equity | $9.3M | $9.9M | $10.8M | $12.5M | $13.7M | $12.5M |
| EPS (diluted) | $0.30 | $0.40 | $0.39 | $0.33 | $0.48 | $0.22 |
| Shares out. | 5.2M | 5.5M | 5.7M | 5.9M | 6.1M | 25.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 4.8%
- Net margin
- 6.2%
- Return on equity
- 16.5%
- Return on assets
- 11.9%
- Return on capital (ROCE)
- 12.3%
- Liabilities / assets
- 27.9%
- Debt / equity
- 0.39×
- Book value / share
- $1.78
- Revenue growth (YoY)
- −3.3%
- Net income growth (YoY)
- −27.5%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 5.58safe
- Accruals / assets
- −0.6%clean
- Beneish M-Score
- -2.57normal
- Piotroski F-Score
- 7/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 warning● 6 good- Revenue declined year-over-year
- Operating margin is positive
- Strong return on equity (>15%)
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Saunders John KOfficer — CEO | Feb 23, 2026 | Grant | 863 | $0.00 |
| Saunders LeannOfficer — COO | Feb 23, 2026 | Grant | 863 | $0.00 |
| Henning DannetteOfficer — CFO | Feb 23, 2026 | Grant | 863 | $0.00 |
| Saunders LeannOfficer — President and COO | Dec 9, 2025 | Gift | 2,800 | $0.00 |
| Saunders John KOfficer — CEO | Dec 9, 2025 | Gift | 2,800 | $0.00 |
| Larson AdamDirector | Nov 18, 2025 | Grant | 500 | $0.00 |
| Heinen TomDirector | Nov 18, 2025 | Grant | 500 | $0.00 |
| Lapaseotes PeteDirector | Nov 18, 2025 | Grant | 500 | $0.00 |
| Rein Graeme P.Director | Nov 18, 2025 | Grant | 500 | $0.00 |
| Saunders LeannOfficer — COO | May 19, 2025 | Buy | 250 | $6.84 |
| Saunders John KOfficer — CEO | May 19, 2025 | Buy | 250 | $6.84 |
| Henning DannetteOfficer — CFO | May 13, 2025 | Buy | 250 | $6.84 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 27,292 | 1.0 | +339.5% |
| Apr 30, 2026 | 6,210 | 1.2 | -13.0% |
| Apr 15, 2026 | 7,136 | 1.5 | -20.7% |
| Mar 31, 2026 | 9,003 | 3.6 | +27.7% |
| Mar 13, 2026 | 7,049 | 3.9 | -6.9% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 15, 2026
- Shareholder voteApr 10, 2026
- Results of operationsFeb 27, 2026
- Results of operationsNov 14, 2025
- Results of operationsAug 11, 2025
- Entered a material agreementJul 23, 2025
- Results of operationsMay 12, 2025
- Shareholder voteApr 10, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 8-KMay 15, 2026
- 10-QMay 14, 2026
- 8-KApr 10, 2026
- 10-K/AApr 6, 2026
- DEF 14AMar 6, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESFeb 27, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESFeb 27, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESFeb 27, 2026
- 8-KFeb 27, 2026
- 10-KFeb 26, 2026
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESDec 11, 2025
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESDec 11, 2025
- S-8Dec 8, 2025
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESNov 21, 2025
- 4STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIESNov 21, 2025
Event-driven situations (1)
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