Where Food Comes From, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.5M | $2.1M | $2.2M | $2.0M | $3.0M | $1.4M | $1.3M | $800.7K |
| Depreciation & Amortization | $650.0K | $647.0K | $634.0K | $765.0K | $799.0K | $997.0K | $1.1M | $942.4K |
| Depreciation | $300.0K | $300.0K | $300.0K | $400.0K | $400.0K | $400.0K | $500.0K | $372.3K |
| Amortization | $400.0K | $400.0K | $300.0K | $300.0K | $400.0K | $600.0K | $600.0K | $570.1K |
| Stock-Based Compensation | $23.0K | $34.0K | $78.0K | $154.0K | $291.0K | $121.0K | $162.0K | $161.1K |
| Net Cash from Operating Activities | $1.6M | $2.7M | $2.8M | $2.7M | $3.0M | $2.5M | $2.9M | $1.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $155.0K | $159.0K | $148.0K | $89.0K | $213.0K | $464.0K | $369.0K | $366.7K |
| Business Acquisitions | — | — | — | — | — | — | — | $450.0K |
| Net Cash from Investing Activities | $1.7M | $-159.0K | $-648.0K | $-267.0K | $-3.0K | $-730.0K | $-1.1M | $-2.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | $914.0K | — | — | — |
| Stock Repurchases | $2.2M | $2.2M | $4.0M | $3.5M | $1.1M | $1.0M | $555.0K | $384.5K |
| Net Cash from Financing Activities | $-2.1M | $-3.2M | $-3.9M | $-3.4M | $-2.0M | $14.0K | $-604.0K | $-402.7K |
| Net Change in Cash | $1.2M | $-629.0K | $-1.7M | $-1.0M | $1.0M | $1.7M | $1.2M | $-1.2M |
| Free Cash Flow | $1.5M | $2.6M | $2.7M | $2.6M | $2.8M | $2.0M | $2.5M | $787.5K |