---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-005574"
form_type: "8-K"
ticker: "WFCF"
cik: "0001360565"
company_name: "Where Food Comes From, Inc."
filed_at: "2022-02-28T23:59:59+00:00"
generated_at: "2026-06-27T03:29:43.711442+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# WFCF Q4 revenue $5.8M (+5% YoY); FY net income $3.0M ($0.48 EPS) up 114%

## Summary
- Q4 revenue $5.8M (+5% YoY); net income $0.7M ($0.12 EPS) vs $0.5M ($0.09) in Q4 2020.
- FY revenue $21.9M (+9%); net income $3.0M ($0.48 EPS) up 114% including $1.0M PPP forgiveness.
- Verification & certification revenue $16.1M (+13%) for FY; product revenue down 22% in Q4 due to supply chain issues.
- Q4 gross margin 50.6% vs 44.2%; adjusted EBITDA $1.3M (+28%).
- Cash $5.4M (+24%); operating cash flow $3.0M in 2021.

## SEC filing metadata
- accession: 0001493152-22-005574
- form_type: 8-K
- ticker: WFCF
- cik: 0001360565
- company_name: Where Food Comes From, Inc.
- filed_at: 2022-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1360565/000149315222005574/0001493152-22-005574-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1360565/000149315222005574/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-005574
- JSON: https://secwatch.observer/filing/0001493152-22-005574.json
- Plain text: https://secwatch.observer/filing/0001493152-22-005574.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.