← BackWhere Food Comes From, Inc. · SoftwareWFCF
Low riskNext report: Around Nov 13 (est.)
The short versionA profitable company with steady sales. Institutions are trimming.
Going well
- Profitable every year for 10 years
- Brings in more cash than it spends
- Buying back shares: share count down 14% in 3 years
Money moves
- No insider buying or selling in the last 30 days
- Institutions cut 2.9% from their holdings in the quarter ending June 2026 (5 bought, 7 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$14.69-3.0% that day
- Company value
- $73M
- Share price times all shares
- Price vs profit (P/E)
- 52.5x
- You pay about $52 for each $1 of yearly profit
- Price vs sales
- 2.9x
- Company value is 2.9 times a year of sales
- Cash vs value
- 5%
- Cash as a share of company value
From WFCF's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$6.6M+0.7% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $25.0M, down 2.2% from the 12 months before. Over 5 years, sales grew about 4.4% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.16.0%
- PassDebt under half of equityNot relying on borrowed money.No debt reported
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.6.2%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$1.5M
- PassShare count not growingNot diluting owners. Falling means buybacks.-14.4% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.38.2%
- Revenue
- $24.9M
- -3.3% vs prior year
- 5-year growth
- +4.4%/yr
- revenue, per year
- Total debt
- None
- 0.00x equity
- Current ratio
- 2.03x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $6.6M
- +0.7% YoY
- EPS
- $0.08
- vs $0.11
- Op. margin
- 10.1%
- +1.7 pts
- Gross margin
- 40.6%
- +3.1 pts
- Free cash flow
- $930K
- Share count
- -4.8%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.7
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-2.9%Institutions cut 2.9% from their holdings. 5 bought, 7 sold.
Shares held by institutions587K
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-3.9%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
No debt reportedShares outstandingLatest reported
5MNext reportAround Nov 13 (est.)Estimated from the same quarter last year
- Results filedAug 10
- Results filedMay 15
- Results filedFeb 27
- Results filedNov 14, 2025
- Results filedAug 11, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.