Farmmi vs Where Food Comes From
Farmmi and Where Food Comes From are similar in size: $28.0m and $24.9m of revenue in their latest fiscal years. Where Food Comes From grew faster (-3.3% against -56.4%). Where Food Comes From kept more of each dollar of sales as profit: a net margin of 6.2% against -189.8%. Where Food Comes From carries less debt relative to equity (0.0% against 1.5%).
| Latest fiscal year | FarmmiFAMI, 2025 | Where Food Comes FromWFCF, 2025 |
|---|---|---|
| Revenue | $28.0m | $24.9m |
| Revenue growth | -56.4% | -3.3% |
| Net income | −$53.1m | $1.5m |
| Operating margin | -200.6% | 4.8% |
| Net margin | -189.8% | 6.2% |
| Return on equity | -36.1% | 16.0% |
| Free cash flow | $52.4m | $1.5m |
| Cash | $804,098 | $3.2m |
| Total debt | $1.8m | $0 |
| Debt to equity | 1.5% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $2.2m |
| Employees | — | 100 |
| Market value | $542,706 | $79.2m |
| Price vs our value range | — | Above our value range |
| Moat score | — | 64 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |