---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-032700"
form_type: "8-K"
ticker: "WFCF"
cik: "0001360565"
company_name: "Where Food Comes From, Inc."
filed_at: "2022-11-17T23:59:59+00:00"
generated_at: "2026-06-21T16:33:20.628626+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# WFCF Q3 revenue up 11% to $7.3M; net income down 9% to $785K

## Summary
- Q3 revenue $7.3M (+11% YoY); verification & certification $5.2M (+10%), product $1.6M (+15%).
- Net income $785K ($0.13/sh) vs $867K ($0.14/sh) in Q3 2021; adjusted EBITDA $1.3M, down 13%.
- Nine-month revenue $18.8M (+16%); net income $1.5M ($0.25) vs $2.2M ($0.36) inclusive of $1M PPP forgiveness.
- Company repurchased 108,733 shares in Q3; 202,783 YTD; cash $6.0M, up 11% from year-end 2021.
- CEO cites inflationary pressure on labor costs; expects ESG and aquaculture to contribute in coming years.

## SEC filing metadata
- accession: 0001493152-22-032700
- form_type: 8-K
- ticker: WFCF
- cik: 0001360565
- company_name: Where Food Comes From, Inc.
- filed_at: 2022-11-17T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1360565/000149315222032700/0001493152-22-032700-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1360565/000149315222032700/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-032700
- JSON: https://secwatch.observer/filing/0001493152-22-032700.json
- Plain text: https://secwatch.observer/filing/0001493152-22-032700.txt

## Key facts
- Earnings Releases
  Where Food Comes From, Inc. reported financial results for third quarter ended September 30, 2022.
  - Period: third quarter ended September 30, 2022
  - Result: reported results
  source text: Reference is made to the Where Food Comes From, Inc. (the “Company”) press release on November 14, 2022 and conference call transcript, attached hereto as Exhibits 99.1 and 99.2, respectively, and incorporated by reference herein (including, without limitation, the information set forth in the cautionary statement contained in the press release and conference call transcript), relating to the Company’s financial results for the third quarter period ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1360565/000149315222032700/0001493152-22-032700-index.htm

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