Where Food Comes From (WFCF) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

Where Food Comes From Revenue Highlights

Latest Revenue (Y)

$25.14M

Latest Revenue (Q)

$6.39M

Main Segment (Y)

Verification and Certification Service Revenue

Where Food Comes From Revenue by Period

Where Food Comes From Revenue by Year

Date	Revenue	Change
2023-12-31	$25.14M	1.17%
2022-12-31	$24.84M	13.28%
2021-12-31	$21.93M	9.24%
2020-12-31	$20.08M	-3.36%
2019-12-31	$20.77M	16.69%
2018-12-31	$17.80M	15.24%
2017-12-31	$15.45M	33.00%
2016-12-31	$11.62M	11.73%
2015-12-31	$10.40M	18.60%
2014-12-31	$8.76M	58.40%
2013-12-31	$5.53M	5.17%
2012-12-31	$5.26M	24.30%
2011-12-31	$4.23M	29.26%
2010-12-31	$3.27M	23.08%
2009-12-31	$2.66M	10.72%
2008-12-31	$2.40M	4.12%
2007-12-31	$2.31M	49.86%
2006-12-31	$1.54M	60.76%
2005-12-31	$957.89K	112.25%
2004-12-31	$451.31K	-98.60%
2002-12-31	$32.26M	-43.51%
2001-12-31	$57.11M	-9.32%
2000-12-31	$62.98M	-11.66%
1999-12-31	$71.30M	11.76%
1998-12-31	$63.80M	-

Where Food Comes From generated $25.14M in revenue during NA 2023, up 1.17% compared to the previous quarter, and up 141.18% compared to the same period a year ago.

Where Food Comes From Revenue by Quarter

Date	Revenue	Change
2024-06-30	$6.39M	14.56%
2024-03-31	$5.58M	-17.07%
2023-12-31	$6.73M	-3.99%
2023-09-30	$7.01M	14.45%
2023-06-30	$6.13M	16.31%
2023-03-31	$5.27M	-13.56%
2022-12-31	$6.09M	-16.13%
2022-09-30	$7.26M	36.28%
2022-06-30	$5.33M	-13.40%
2022-03-31	$6.16M	6.03%
2021-12-31	$5.81M	-11.29%
2021-09-30	$6.54M	27.31%
2021-06-30	$5.14M	15.79%
2021-03-31	$4.44M	-20.01%
2020-12-31	$5.55M	-10.42%
2020-09-30	$6.20M	40.33%
2020-06-30	$4.42M	12.88%
2020-03-31	$3.91M	-31.36%
2019-12-31	$5.70M	-8.56%
2019-09-30	$6.23M	27.50%
2019-06-30	$4.89M	23.61%
2019-03-31	$3.95M	-14.39%
2018-12-31	$4.62M	-9.88%
2018-09-30	$5.13M	15.48%
2018-06-30	$4.44M	22.58%
2018-03-31	$3.62M	-12.50%
2017-12-31	$4.14M	-12.60%
2017-09-30	$4.73M	35.19%
2017-06-30	$3.50M	13.93%
2017-03-31	$3.07M	1.60%
2016-12-31	$3.03M	-9.53%
2016-09-30	$3.34M	19.45%
2016-06-30	$2.80M	14.47%
2016-03-31	$2.45M	-12.09%
2015-12-31	$2.78M	-8.87%
2015-09-30	$3.05M	23.14%
2015-06-30	$2.48M	19.11%
2015-03-31	$2.08M	-31.33%
2014-12-31	$3.03M	21.88%
2014-09-30	$2.49M	30.76%
2014-06-30	$1.90M	38.16%
2014-03-31	$1.38M	-23.41%
2013-12-31	$1.80M	22.23%
2013-09-30	$1.47M	18.49%
2013-06-30	$1.24M	20.99%
2013-03-31	$1.03M	-20.49%
2012-12-31	$1.29M	-16.53%
2012-09-30	$1.55M	10.59%
2012-06-30	$1.40M	35.74%
2012-03-31	$1.03M	-0.59%
2011-12-31	$1.04M	-17.17%
2011-09-30	$1.25M	11.07%
2011-06-30	$1.13M	36.95%
2011-03-31	$821.82K	-5.71%
2010-12-31	$871.55K	-5.65%
2010-09-30	$923.70K	15.59%
2010-06-30	$799.13K	17.49%
2010-03-31	$680.18K	-10.34%
2009-12-31	$758.59K	-2.59%
2009-09-30	$778.74K	20.57%
2009-06-30	$645.88K	35.31%
2009-03-31	$477.32K	-24.77%
2008-12-31	$634.52K	6.24%
2008-09-30	$597.26K	-26.10%
2008-06-30	$808.17K	11.44%
2008-03-31	$725.17K	5.33%
2007-12-31	$688.46K	-

Where Food Comes From generated $6.39M in revenue during Q2 2024, up 14.56% compared to the previous quarter, and up 121.42% compared to the same period a year ago.

Where Food Comes From Revenue Breakdown

Where Food Comes From Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Verification and Certification Service Revenue	$19.41M	$8.40M	$14.25M	$15.56M	-
Verification And Certification Service Revenue	-	$9.75M	-	-	-
Software-Related Consulting Service Revenue	-	-	$1.35M	$1.10M	$842.66K
Software License, Maintenance and Support Services Revenue	-	-	-	$867.00K	$1.07M

Where Food Comes From's latest annual revenue breakdown by segment (product or service), as of Dec 23: Verification and Certification Service Revenue (100.00%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
Professional Services	$292.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product Sales	$1.33M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Verification and Certification Service Revenue	$5.49M	$4.43M	$17.22M	$2.20M	$5.17M	$4.40M	$3.69M	$4.04M	$4.31M	$3.11M	$2.80M	$2.11M	$4.76M	-	-	-	-	-	-	-
Verification And Certification Service Revenue	-	-	-	$2.74M	$4.69M	$3.96M	$4.70M	-	-	-	-	-	-	-	-	-	-	-	-	-
Software and Related Consulting Revenue	-	-	-	-	-	-	$508.00K	$1.36M	$461.00K	$482.00K	-	-	-	-	-	-	-	-	-	-
Software And Related Consulting Revenue	-	-	-	-	-	-	-	$489.00K	-	-	-	-	-	-	-	-	-	-	-	-
Software-Related Consulting Service Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$228.00K	$297.00K	$283.00K	$275.00K	$241.00K	$160.01K	-	-
Software License, Maintenance and Support Services Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$100.00K	$242.00K	$245.00K	$237.00K	$143.00K	$226.82K	-	-
Software Sales and Related Consulting Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$242.81K
Consolidated	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.74M
Eliminations And Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-33.06K
Verification and Certification Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.74M

Where Food Comes From's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Verification and Certification Service Revenue (77.19%), Product Sales (18.70%), and Professional Services (4.11%).

Where Food Comes From Revenue Breakdown by Country

Quarterly Revenue by Country

Country	Jun 19	Mar 19
Other	$-30.30K	$-63.00K

Where Food Comes From's latest quarterly revenue breakdown by geography, as of Jun 19: Other (100.00%).

Where Food Comes From Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
RMNI	Rimini Street	$431.50M	$104.67M
DIBS	1stdibs	$84.68M	$21.19M
SMID	Smith-Midland	$59.58M	$23.58M
WFCF	Where Food Comes From	$25.14M	$6.39M

WFCF Revenue FAQ

What is Where Food Comes From’s yearly revenue?

Where Food Comes From's yearly revenue for 2023 was $25.14M, representing an increase of 1.17% compared to 2022. The company's yearly revenue for 2022 was $24.84M, representing an increase of 13.28% compared to 2021. WFCF's yearly revenue for 2021 was $21.93M, representing an increase of 9.24% compared to 2020.

What is Where Food Comes From’s quarterly revenue?

Where Food Comes From's quarterly revenue for Q2 2024 was $6.4M, a 14.56% increase from the previous quarter (Q1 2024), and a 4.39% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $5.58M, a -17.07% decrease from the previous quarter (Q4 2023), and a 5.98% increase year-over-year (Q1 2023). WFCF's quarterly revenue for Q4 2023 was $6.73M, a -3.99% decrease from the previous quarter (Q3 2023), and a 10.47% increase year-over-year (Q4 2022).

What is Where Food Comes From’s revenue growth rate?

Where Food Comes From's revenue growth rate for the last 3 years (2021-2023) was 14.60%, and for the last 5 years (2019-2023) was 20.99%.

What are Where Food Comes From’s revenue streams?

Where Food Comes From's revenue streams in c 23 are Verification and Certification Service Revenue

What is Where Food Comes From’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Where Food Comes From was Verification and Certification Service Revenue. This segment made a revenue of $19.41M, representing 100.00% of the company's total revenue.