Where Food Comes From, Inc. (WFCF) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 523K | -707K | 501K | 1.18M | 632K | -50K | 912K | 1.17M | 700K | 209K | 1.32M | 822K | 473K | -352K | 736K | 1.15M | 1.12M | -13K | 1.41M | 454K |
| Operating CF Margin % | 9.75% | -11.7% | 7.14% | 18% | 11.99% | -0.75% | 12.83% | 18.26% | 12.54% | 3.1% | 18.8% | 13.42% | 8.98% | -5.78% | 10.13% | 21.57% | 18.19% | -0.22% | 21.59% | 8.83% |
| Operating CF Growth % | -17.25% | -1314% | -45.07% | 1.11% | -9.71% | -123.92% | -30.8% | 42.09% | 47.99% | 159.38% | 79.08% | -28.52% | -57.77% | -2607.69% | -47.91% | 153.3% | -3.95% | -104.71% | 230.14% | -46.84% |
| Net Income | 92K | -203K | 1.15M | 562K | 31K | 961K | 492K | 489K | 178K | 776K | 723K | 532K | 121K | 490K | 785K | 222K | 497K | 742K | 867K | 202K |
| Depreciation & Amortization | 0 | 169K | 149K | 159K | 173K | 180K | 156K | 156K | 155K | 146K | 153K | 163K | 172K | 182K | 191K | 197K | 195K | 198K | 200K | 199K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 23K | 0 | 0 | 11K | 40K | 6K | 17K | 15K | 52K | 19K | 32K | 51K | 69K | 168K | 29K |
| Deferred Taxes | 0 | -57K | 73K | 56K | -16K | 78K | -4K | 5K | 11K | 15K | 6K | 12K | -3K | 0 | -26K | -14K | -19K | -13K | -11K | -31K |
| Other Non-Cash Items | 388K | 208K | -939K | -186K | 91K | -349K | 18K | 29K | 4K | 3K | 72K | -51K | 13K | -6K | 65K | 12K | 5K | -131K | 5K | 12K |
| Working Capital Changes | 43K | -824K | 72K | 590K | 353K | -943K | 250K | 489K | 341K | -771K | 358K | 149K | 155K | -1.07M | -298K | 701K | 391K | -878K | 184K | 43K |
| Change in Receivables | -351K | 692K | -365K | -212K | -24K | 412K | -32K | -175K | 49K | 158K | -158K | -94K | 94K | 693K | -911K | 225K | -27K | 195K | -342K | -137K |
| Change in Inventory | -50K | 102K | 218K | -182K | 72K | 87K | 75K | -45K | -10K | 11K | 76K | -226K | -82K | -14K | 3K | -62K | -48K | 103K | 15K | -188K |
| Change in Payables | 118K | -288K | -10K | 203K | 78K | -405K | 178K | 18K | 110K | -155K | 9K | 46K | 27K | -310K | 229K | 127K | 147K | -449K | 174K | 47K |
| Cash from Investing | -148K | -34K | 1.78M | -34K | -29K | -40K | -28K | -67K | -24K | -361K | -60K | -20K | -207K | -48K | -12K | -191K | -16K | 173K | -48K | 42K |
| Capital Expenditures | -148K | -34K | -58K | -34K | -29K | -29K | -39K | -67K | -24K | -61K | -60K | -20K | -7K | -48K | -12K | -13K | -16K | -37K | -48K | 42K |
| CapEx % of Revenue | 2.76% | 0.56% | 0.83% | 0.52% | 0.55% | 0.44% | 0.55% | 1.05% | 0.43% | 0.91% | 0.86% | 0.33% | 0.13% | 0.79% | 0.17% | 0.24% | 0.26% | 0.64% | 0.73% | 0.82% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -300K | 0 | 0 | -200K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 1.84M | 0 | 0 | -11K | 11K | 0 | 0 | -500K | 0 | 0 | 0 | 0 | 0 | -178K | 0 | 210K | 0 | 0 |
| Cash from Financing | -294K | -818K | -722K | -184K | -377K | -655K | -727K | -383K | -1.44M | -1.02M | -855K | -792K | -1.23M | -1.24M | -1.13M | -644K | -425K | -388K | -1.02M | -195K |
| Debt Issued (Net) | -3K | -4K | -4K | -3K | -4K | -4K | -3K | -4K | -3K | -4K | -3K | -2K | -4K | -6K | -1K | -3K | -3K | -3K | 0 | -4K |
| Equity Issued (Net) | -291K | -814K | -718K | -181K | -373K | -651K | -734K | -389K | -1.5M | -1.03M | -855K | -836K | -1.23M | -1.25M | -1.14M | -648K | -422K | -392K | -107K | -195K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -914K | 0 |
| Share Repurchases | -293K | -814K | -718K | -251K | -383K | -651K | -734K | -389K | -1.5M | -1.03M | -855K | -836K | -1.23M | -1.25M | -1.14M | -648K | -422K | -392K | -107K | -195K |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 10K | 10K | 64K | 19K | 3K | 46K | 0 | 17K | 12K | 7K | 0 | 7K | 1K | 4K |
| Net Change in Cash | 81K | -1.56M | 1.56M | 963K | 226K | -745K | 157K | 718K | -759K | -1.17M | 403K | 10K | -968K | -1.64M | -402K | 315K | 679K | -228K | 345K | 301K |
| Free Cash Flow | 375K | -741K | 443K | 1.15M | 603K | -79K | 873K | 1.1M | 676K | 148K | 1.26M | 802K | 466K | -400K | 724K | 959K | 1.1M | -50K | 1.36M | 496K |
| FCF Margin % | 6.99% | -12.26% | 6.31% | 17.48% | 11.44% | -1.19% | 12.28% | 17.22% | 12.11% | 2.2% | 17.94% | 13.09% | 8.85% | -6.56% | 9.97% | 17.99% | 17.93% | -0.86% | 20.86% | 9.65% |
| FCF Growth % | -37.81% | -837.97% | -49.26% | 4.18% | -10.8% | -153.38% | -30.6% | 37.28% | 45.06% | 137% | 73.76% | -16.37% | -57.79% | -700% | -46.96% | 93.35% | 10.84% | -121.93% | 300.29% | -21.89% |
| FCF per Share | 0.07 | -0.15 | 0.08 | 0.22 | 0.12 | -0.01 | 0.16 | 0.20 | 0.12 | 0.03 | 0.22 | 0.14 | 0.08 | -0.07 | 0.12 | 0.16 | 0.18 | -0.01 | 0.22 | 0.08 |
| FCF Conversion (FCF/Net Income) | 5.68x | 3.48x | 0.44x | 2.10x | 20.39x | -0.05x | 1.85x | 2.39x | 3.93x | 0.27x | 1.82x | 1.55x | 3.91x | -0.72x | 0.94x | 5.18x | 2.25x | -0.02x | 1.63x | 2.25x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | -925K | 323K | 602K | 0 | 143K | 190K | 466K | 3K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |