How profitable is Where Food Comes From Inc. (WFCF)?

In FY 2025 (10-K), WFCF converted $24.9M of revenue into a 38.2% gross margin, 4.8% operating margin, and $1.5M in free cash flow (5.8% FCF margin).

Stock Ratings / Technology / WFCF / financials

QXL (41) CMCM (24) CCLD (51) FATN (55) ⌘ Pro Terminal →

Where Food Comes From Inc. (WFCF) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$16.24 +0.19% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $16.21

Where Food Comes From Inc. (WFCF) carries a Roarable Rating of C+ (Hold) with 67/100 RQD Confidence. The composite score sits in the neutral Hold band (59–69), meaning current holders don’t need to panic-sell while prospective buyers can wait for a move into the 70+ Buy zone.

ROARABLE C+ • HOLD / WATCH Cap $80.7M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on WFCF Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is WFCF stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

▼

As of 2026-11-03, Where Food Comes From Inc. (NASDAQ: WFCF) is rated C+ (Hold / HOLD) by Roarable's 5-pillar RQD engine with a composite confidence score of 67/100 at a spot price of $16.24 (+0.19% 1D, market cap $80.7M). Pillar breakdown: Fundamental Cash Engine 15/20, Institutional 13F & Options Flow 13/20, SEC Balance-Sheet Forensics 16/20, FRED Macro Regime Fit 12/20, and Executive Insider Alignment 11/20. Across 715 tracked Technology issuers, WFCF ranks #119 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does WFCF compare to QXL and CMCM in the Technology sector?

▼

Within the Technology sector (Computer Software: Prepackaged Software), WFCF carries a Roarable C+ (67/100 RQD), trailing P/E of 53.3x, gross margin of 38.2%, and ROIC of 15.6%. By comparison, QXL (Quantum X Labs Inc.) holds a D- grade (41/100 RQD, P/E N/A, ROIC -35.0%, cap $79.2M) and CMCM (Cheetah Mobile Inc. each representing fifty (50) (Class A)) posts a E grade (24/100 RQD, P/E N/A, ROIC -35.0%, cap $75.8M). Among the 5-stock peer group, FATN leads on earnings multiple (15.1x) while WFCF leads on capital efficiency (15.6% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for WFCF?

▼

Per WFCF's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001360565), Where Food Comes From Inc. generated $24.9M in revenue (-3.3% YoY), $1.5M in net income, and $1.5M in free cash flow against $12.9M in total assets and $0 in total debt. Key quantitative strengths: Strong cash generator (38.2% gross margin)—profits are backed by real money, not accounting tricks. Primary risk factors monitored: Priced at 53x earnings—high expectations leave less room for a lukewarm quarter. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $16.21 (-0.16%)🧬 Disciplined Float (+0.24% YoY Shares)⚙️ Cash Engine: 15/20 (B) • 5.8% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 67/100 (C+) historically posted market-perform odds over rolling 90-day windows (+1.6% avg 90D alpha vs SPY • 56.4% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERHOLD / WATCH • C+

2-of-3 JEV AI Jury Bullish

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw C · Rk B-

Each axis scored 0–20

12M PRICE TARGET CONE+4.1% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for WFCF)Realized 20D OHLCV Swing Band: ±12.5%

Deterministic 5-Pillar Attribution (67/100 Composite)

🔍 WHY WFCF SCORES 67/100 (C+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: SEC 10-K Forensic Risk+16/20 pts (24% of score)

Altman Z-Score 17.39 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 6/9

▲ #2 Bullish Driver: Cash Engine Quality+15/20 pts (22% of score)

SEC XBRL FY 2025 (10-K): 5.8% FCF Margin ($1.5M FCF) & 38.2% Gross Margin

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution11/20 pts (-9 pt drag)

Disciplined Float (+0.24% YoY Shares) & executive Form 4 sales trim 9 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C$14.26+4.5% Next Q

Q2 (-2Q)

Grade C+$14.90-0.6% Next Q

Q3 (-1Q)

Grade C+$14.81+9.7% Next Q

Current

Grade C+$16.24+1.6% Hist 90D α

Trajectory: C (59) → C+ (67)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the WFCF Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 67/100 (C+) score, WFCF faces multiple-compression risk if 53.3x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Priced at 53x earnings—high expectations leave less room for a lukewarm quarter.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Disciplined Float (+0.24% YoY Shares) — any gross margin slip below 35.7% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($13.50) or 200D SMA ($12.58) invalidates the momentum regime and cuts Target Base ($16.90) toward Bear Floor ($13.18).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $WFCF• $4.8M Crowd Pool • Kalshi / Polymarket Composite

Contract: “WFCF Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”

YES 67%NO 33%Trade / Inspect Odds →

VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How WFCF Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$1.5M (5.8% FCF Margin)

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow

FY23

Rev $25.1M

FY24

Rev $25.7M

FY25

Rev $24.9M

Fiscal Year	Revenue	Gross Margin	Op Margin	Net Profit	Free Cash Flow	ROIC %
FY 2025	$24.9M	38.2%	4.8%	$1.5M	$1.5M	15.6%
FY 2024	$25.7M	41%	8.6%	$2.1M	$2.6M	22%
FY 2023	$25.1M	38.2%	10.7%	$2.2M	$2.8M	15.6%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring WFCF)

✓Walkthrough of WFCF's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

WFCF // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +29.92%▼ DESCENDING CHANNEL

2026-11-03O $16.43H $16.43L $16.21C $16.24VOL 5.3K

RES: $18.36SUP: $9.78SMA50: $13.50SMA200: $12.58

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

WFCF Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 WFCF Butterfly Map → + Track WFCF →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

38.1%/yr Implied 5Y Growth

vs. -3.3% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on WFCF today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for WFCF. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for WFCF today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (WFCF)

Technology Rank #119 of 715 ⚔️ QXL vs WFCF Full Matrix →

1. Head-to-Head Technology Peer Comparison (WFCF vs. QXL, CMCM, CCLD, FATN)

Industry: Computer Software: Prepackaged Software (222 Tracked Issuers)

Across 715 tracked Technology securities in the Roarable RQD universe, Where Food Comes From Inc. (WFCF) ranks #119 by composite RQD confidence (67/100, grade C+) and #529 by equity capitalization ($80.7M). Within this direct 5-issuer industry benchmark cohort, FATN leads on earnings valuation at 15.1x trailing P/E, while WFCF leads on capital efficiency and profitability with 15.6% ROIC and 38.2% gross margin. WFCF currently leads its immediate peer cohort in composite quantitative strength at 67/100 (C+).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
WFCF ACTIVE Where Food Comes From Inc.	C+	67/100	53.3x	38.2%	15.6%	+0.19%	$80.7M	Benchmark Subject
QXL Quantum X Labs Inc.	D-	41/100	—	—	-35.0%	+11.72%	$79.2M	/qxl-vs-wfcf →
CMCM Cheetah Mobile Inc. each representing fifty (50) (Class A)	E	24/100	—	72.5%	-35.0%	+1.24%	$75.8M	/cmcm-vs-wfcf →
CCLD CareCloud Inc.	D	51/100	—	—	15.1%	-2.27%	$74.8M	/ccld-vs-wfcf →
FATN FatPipe Inc.	D+	55/100	15.1x	91.0%	13.4%	-1.96%	$72.1M	/fatn-vs-wfcf →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001360565 ↗

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Where Food Comes From Inc. (WFCF) reported GAAP revenue of $24.9M (-3.3% vs. FY2024 revenue of $25.7M , and -1.0% cumulative change since FY2023) , GAAP net income of $1.5M, operating cash flow of $1.6M, and free cash flow of $1.5M (-43.5% YoY). On the balance sheet, WFCF closed FY2025 with $12.9M in total assets against $0 in total debt (Altman Z-Score: 17.39, Piotroski F-Score: 6/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$24.9M	$1.5M	$1.6M	$1.5M	$12.9M	—
FY2024 (FY)	2024-12-31	$25.7M	$2.1M	$2.7M	$2.6M	$15.3M	—
FY2023 (FY)	2023-12-31	$25.1M	$2.2M	$2.8M	$2.8M	—	—

3. WFCF Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is WFCF stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does WFCF compare to QXL and CMCM in the Technology sector?

What are the biggest fundamental strengths and SEC risk factors for WFCF?

Where is WFCF trading relative to its 50-day, 200-day, and 52-week technical levels?

WFCF last traded at $16.24 (+0.19% on volume of 17,145 shares), positioning the stock +20.30% above its 50-day simple moving average ($13.50) and +29.09% above its 200-day simple moving average ($12.58). Across its 52-week range of $9.15 to $22.15, WFCF sits at the 54.5% percentile with a 14-day RSI of 65.9 (BULLISH MOMENTUM) and an implied next-earnings move of ±12.5% ($14.21 to $18.27).

Direct Sub-Reports: WFCF RQD Cockpit WFCF 12M Forecast WFCF Earnings & Move WFCF Dividends & DRIP WFCF Insiders & 13F WFCF Whale Options WFCF Profit Sankey WFCF News & Why

ROARABLE RATING BRIEF • RQD 67/100 (C+) ✓ SEC XBRL & RQD VERIFIED

WFCF — Where Food Comes From Inc.: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2025-12-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

Where Food Comes From Inc. (WFCF) earns a live Roarable RQD composite score of 67/100, corresponding to a C+ letter grade (Roarable Hold) at a spot price of $16.24 (+0.19% 1D, market capitalization $80.7M).

Fundamental Cash Engine (15/20): Anchored by return on invested capital (ROIC) of 15.6%, gross margin of 38.2%, operating margin of 4.8%, and free cash flow yield of 1.77%.
Whale 13F & Options Flow (13/20) + Insider Conviction (11/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (12/20) + Forensic Balance Sheet (16/20): Incorporates a 1.00x equity beta, Altman Z-Score of 17.39, Piotroski F-Score of 6/9, and Debt/Equity of N/A.

2. Business Model, Unit Margins & SEC Financial Trajectory

Where Food Comes From Inc. (WFCF) is a NASDAQ-listed issuer in the Technology sector, Computer Software: Prepackaged Software industry. The company has a market capitalization of $0.1B. —: product descriptions, customer segments, and revenue-generation model beyond the sector and industry classification.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), Where Food Comes From Inc. (WFCF) reported $24.9M in annual revenue (up from $25.7M in FY2024, -3.3% YoY) and $1.5M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($25.1M revenue, $2.2M net income) through FY2025, WFCF scaled operating cash flow to $1.6M and free cash flow to $1.5M, backed by $12.9M in total assets against $0 in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (C+ • RQD 67/100): Strong cash generator (38.2% gross margin)—profits are backed by real money, not accounting tricks. Clean SEC annual filing review with no major hidden accounting time-bombs. With Fundamental Cash Engine at 15/20 and Institutional Whale Flow at 13/20, sustained execution supports upside toward the upper end of the $9.15 – $22.15 52-week range.
🐻 Primary Bear Case & Valuation Risk: Priced at 53x earnings—high expectations leave less room for a lukewarm quarter. Investors must weigh 53.3x trailing P/E and 58.8x EV/EBITDA against 4.8% operating margins and a 1.00x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Operating in Computer Software: Prepackaged Software (Technology), WFCF carries a macro regime beta of 1.00 and gross margin of 38.2%.

Key Question #1: Can WFCF sustain or expand its 4.8% operating margin and 15.6% ROIC against Computer Software: Prepackaged Software peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $24.9M and free cash flow of $1.5M, how will capital allocation balance growth reinvestment against $0 in total debt?
Key Question #3: How sensitive is WFCF's 49.6x forward P/E multiple to Technology capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

WFCF Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Where Food Comes From Inc. (WFCF) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to WFCF Debate Forum (3) ↓

🟡 MARKET WIRE Yahoo Finance • 23h ago

NEOG vs. WFCF: Which Food Safety Stock Has Better Prospects?

Yahoo Finance report covering Where Food Comes From Inc. (WFCF) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE MarketBeat • 1d ago

Where Food Comes From Inc. (NASDAQ:WFCF) Shares Shorted: Short Interest Up 109.7% in October

MarketBeat report covering Where Food Comes From Inc. (WFCF) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH Stock Traders Daily • 1d ago

Understanding the Setup: (WFCF) and Scalable Risk

Stock Traders Daily report covering Where Food Comes From Inc. (WFCF) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE TradingKey • 1d ago

High Dividend Yield Stocks for Income

TradingKey report covering Where Food Comes From Inc. (WFCF) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE MarketBeat • 1d ago

LegalZoom.com Q3 2026 Earnings Date and Estimates

MarketBeat report covering Where Food Comes From Inc. (WFCF) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE TradingKey • 1d ago

52-Week High Stocks in the U.S. Today

TradingKey report covering Where Food Comes From Inc. (WFCF) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST https://www.dars.gov.et/ • 1d ago

SurgePays Inc. (SURG) Slips 3.85% to $0.12 as Shares Press Toward $0.11 Support - Undervalued Stocks

https://www.dars.gov.et/ report covering Where Food Comes From Inc. (WFCF) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH https://www.dars.gov.et/ • 1d ago

Cabot Corporation (CBT) Q3 2026 Earnings: Fractional EPS Miss of $1.67 Leaves Shares Slightly Lower

https://www.dars.gov.et/ report covering Where Food Comes From Inc. (WFCF) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

WFCF Bull vs. Bear Conversation Board — What's Your Call at $16.24?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON WFCF 🐻 33% BEARISH CONVICTION

CA CashFlowKing RQD DEBATE OPENER • FCF Compounder Hunter 🐂 BULLISH 🎯 Target: $19.45 (+20.0%)

📌 Pinned Debate

Forensic balance sheet (Altman Z 17.39, Piotroski F 6/9) and 15.6% ROIC give the company a strong financial base relative to its market

Long WFCF at $16.21 targeting $19.45. Forensic balance sheet (Altman Z 17.39, Piotroski F 6/9) and 15.6% ROIC give the company a strong financial base relative to its market cap.. Institutional whale score is 13/20 and the risk/reward vs. the $9.15 52-week low is skewed heavily in favor of bulls.

ArenaChamp_24 🐂 BULL

@CashFlowKing Agree on the RQD 67/100 quality, though with 1.0 beta I'm scaling in with half-size at $16.21 and keeping dry powder in case we test $15.08.

FO ForensicBear RQD DEBATE OPENER • 10-K Footnote Auditor 🐻 BEARISH 🎯 Target: $13.62 (-16.0%)

Spot @ $16.21

Trailing P/E of 53.3 and EV/EBITDA of 58.8 against a 1.77% FCF yield and declining operating income leave little valuation margin for e

Sitting on the sidelines or leaning short WFCF above $16.21. Trailing P/E of 53.3 and EV/EBITDA of 58.8 against a 1.77% FCF yield and declining operating income leave little valuation margin for error.. Until Fundamental Cash Engine (15/20) and FCF yield (1.77%) inflect higher, upside is capped near $22.15.