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Where Food Comes From (Where Food Comes From) Net Margin % : 3.19% (As of Mar. 2024)


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What is Where Food Comes From Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Where Food Comes From's Net Income for the three months ended in Mar. 2024 was $0.18 Mil. Where Food Comes From's Revenue for the three months ended in Mar. 2024 was $5.58 Mil. Therefore, Where Food Comes From's net margin for the quarter that ended in Mar. 2024 was 3.19%.

The historical rank and industry rank for Where Food Comes From's Net Margin % or its related term are showing as below:

WFCF' s Net Margin % Range Over the Past 10 Years
Min: 0.92   Med: 5.81   Max: 13.5
Current: 8.68


WFCF's Net Margin % is ranked better than
74.15% of 2762 companies
in the Software industry
Industry Median: 1.71 vs WFCF: 8.68

Where Food Comes From Net Margin % Historical Data

The historical data trend for Where Food Comes From's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Where Food Comes From Net Margin % Chart

Where Food Comes From Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.47 6.90 13.50 8.03 8.56

Where Food Comes From Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.30 8.68 10.31 11.53 3.19

Competitive Comparison of Where Food Comes From's Net Margin %

For the Software - Application subindustry, Where Food Comes From's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Where Food Comes From's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Where Food Comes From's Net Margin % distribution charts can be found below:

* The bar in red indicates where Where Food Comes From's Net Margin % falls into.



Where Food Comes From Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Where Food Comes From's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=2.152/25.135
=8.56 %

Where Food Comes From's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=0.178/5.582
=3.19 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Where Food Comes From  (NAS:WFCF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Where Food Comes From Net Margin % Related Terms

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Where Food Comes From (Where Food Comes From) Business Description

Traded in Other Exchanges
N/A
Address
202 6th Street, Suite 400, Castle Rock, CO, USA, 80104
Where Food Comes From Inc is a third-party food verification company. It offers food production audits and uses verification processes to ensure that claims made by food producers and processors are accurate. The company supports farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations and restaurants with a wide variety of value-added services provided through its family of verifiers, including IMI Global, International Certification Services, Validus Verification Services, and others. The company operates in two segments that are verification and certification and Software Sales and Related Consulting.
Executives
Dannette Henning officer: CFO 221 WILCOX STREET, SUITE A, CASTLE ROCK CO 80104
Pete Lapaseotes director 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Graeme P. Rein director 221 WILCOX ST, SUITE A, CASTLE ROCK CO 80104
Michael Duane Smith director, 10 percent owner 221 WILCOX ST, SUITE A, CASTLE ROCK CO 80104
John K Saunders director, officer: CEO 221 WILCOX STREET #A, CASTLE ROCK CO 80104
Leann Saunders director, officer: President 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Tom Heinen director 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Gary Chester Smith director 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Adam Larson director 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Robert Vanschoick director 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104

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