WFCF Financials 07/15/2014 20:58:34 Where Food Co
Post# of 5
Where Food Comes From, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 5,533 5,261 4,233 3,275
Cost of Revenue 2,827 2,431 1,884 1,475
Gross Profit 2,706 2,830 2,348 1,800
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 2,679 2,342 1,672 1,440
Non-Recurring Items - - - -
Other - - - -
Operating Income 27 488 677 359
Income From Continuing Operations
Add'l Income/Expense Items 1 19 (7) 2
Earnings Before Interest and Tax 29 508 670 361
Interest Expense 34 26 30 33
Earnings Before Tax (5) 482 640 328
Income Tax (2) (391) (224) -
Minority Interest 31 3 - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (34) 870 864 328
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (34) 870 864 328
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (34) 870 864 328