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Side-by-side financial comparison of Terra Property Trust, Inc. (TPTA) and Where Food Comes From, Inc. (WFCF). Click either name above to swap in a different company.

Terra Property Trust, Inc. is the larger business by last-quarter revenue ($7.1M vs $6.0M, roughly 1.2× Where Food Comes From, Inc.). Where Food Comes From, Inc. runs the higher net margin — -3.4% vs -150.2%, a 146.8% gap on every dollar of revenue. On growth, Where Food Comes From, Inc. posted the faster year-over-year revenue change (-9.3% vs -37.4%). Over the past eight quarters, Where Food Comes From, Inc.'s revenue compounded faster (4.0% CAGR vs -31.3%).

The National Savings and Trust Company is a historic bank building located at the corner of New York Avenue and 15th Street, NW in Downtown Washington, D.C. It has also been known as the National Safe Deposit Company and the National Safe Deposit Savings and Trust Company.

Where Food Comes From, Inc. is a leading provider of food traceability, verification, and certification solutions for the agricultural and food production industries. Its services support producers, processors, and retailers across North America to validate food origin, sustainability practices, animal welfare standards, and product authenticity for end consumers.

TPTA vs WFCF — Head-to-Head

Bigger by revenue
TPTA
TPTA
1.2× larger
TPTA
$7.1M
$6.0M
WFCF
Growing faster (revenue YoY)
WFCF
WFCF
+28.1% gap
WFCF
-9.3%
-37.4%
TPTA
Higher net margin
WFCF
WFCF
146.8% more per $
WFCF
-3.4%
-150.2%
TPTA
Faster 2-yr revenue CAGR
WFCF
WFCF
Annualised
WFCF
4.0%
-31.3%
TPTA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
TPTA
TPTA
WFCF
WFCF
Revenue
$7.1M
$6.0M
Net Profit
$-10.6M
$-203.0K
Gross Margin
35.9%
Operating Margin
-48.8%
-1.0%
Net Margin
-150.2%
-3.4%
Revenue YoY
-37.4%
-9.3%
Net Profit YoY
32.0%
-121.1%
EPS (diluted)
$-0.43
$-0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
TPTA
TPTA
WFCF
WFCF
Q4 25
$7.1M
$6.0M
Q3 25
$7.3M
$7.0M
Q2 25
$8.6M
$6.6M
Q1 25
$12.5M
$5.3M
Q4 24
$11.3M
$6.7M
Q3 24
$12.2M
$7.1M
Q2 24
$11.2M
$6.4M
Q1 24
$15.0M
$5.6M
Net Profit
TPTA
TPTA
WFCF
WFCF
Q4 25
$-10.6M
$-203.0K
Q3 25
$-6.7M
$1.1M
Q2 25
$-9.2M
$562.0K
Q1 25
$-1.3M
$31.0K
Q4 24
$-15.6M
$961.0K
Q3 24
$-7.8M
$492.0K
Q2 24
$-7.5M
$489.0K
Q1 24
$-6.2M
$178.0K
Gross Margin
TPTA
TPTA
WFCF
WFCF
Q4 25
35.9%
Q3 25
38.3%
Q2 25
37.5%
Q1 25
41.6%
Q4 24
42.0%
Q3 24
39.0%
Q2 24
41.6%
Q1 24
41.7%
Operating Margin
TPTA
TPTA
WFCF
WFCF
Q4 25
-48.8%
-1.0%
Q3 25
6.7%
8.2%
Q2 25
-28.4%
8.4%
Q1 25
32.8%
2.7%
Q4 24
-72.3%
11.3%
Q3 24
54.1%
8.6%
Q2 24
6.3%
9.1%
Q1 24
32.0%
4.7%
Net Margin
TPTA
TPTA
WFCF
WFCF
Q4 25
-150.2%
-3.4%
Q3 25
-92.4%
16.3%
Q2 25
-106.5%
8.6%
Q1 25
-10.3%
0.6%
Q4 24
-138.3%
14.4%
Q3 24
-63.9%
6.9%
Q2 24
-67.5%
7.6%
Q1 24
-41.2%
3.2%
EPS (diluted)
TPTA
TPTA
WFCF
WFCF
Q4 25
$-0.43
$-0.04
Q3 25
$-0.28
$0.22
Q2 25
$-0.38
$0.11
Q1 25
$-0.05
$0.01
Q4 24
$-0.65
$0.19
Q3 24
$-0.32
$0.09
Q2 24
$-0.31
$0.09
Q1 24
$-0.25
$0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
TPTA
TPTA
WFCF
WFCF
Cash + ST InvestmentsLiquidity on hand
$33.2M
$3.2M
Total DebtLower is stronger
$178.9M
Stockholders' EquityBook value
$146.5M
$9.3M
Total Assets
$351.5M
$12.9M
Debt / EquityLower = less leverage
1.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TPTA
TPTA
WFCF
WFCF
Q4 25
$33.2M
$3.2M
Q3 25
$17.4M
$4.8M
Q2 25
$5.9M
$3.2M
Q1 25
$11.9M
$2.2M
Q4 24
$8.6M
$2.0M
Q3 24
$21.2M
$2.8M
Q2 24
$18.9M
$2.6M
Q1 24
$17.9M
$1.9M
Total Debt
TPTA
TPTA
WFCF
WFCF
Q4 25
$178.9M
Q3 25
$211.9M
Q2 25
$260.2M
Q1 25
$286.7M
Q4 24
$326.1M
Q3 24
$312.9M
Q2 24
$383.8M
Q1 24
$377.6M
Stockholders' Equity
TPTA
TPTA
WFCF
WFCF
Q4 25
$146.5M
$9.3M
Q3 25
$159.7M
$10.3M
Q2 25
$168.5M
$10.0M
Q1 25
$179.9M
$9.6M
Q4 24
$185.7M
$9.9M
Q3 24
$206.2M
$9.5M
Q2 24
$218.6M
$9.7M
Q1 24
$230.5M
$9.6M
Total Assets
TPTA
TPTA
WFCF
WFCF
Q4 25
$351.5M
$12.9M
Q3 25
$398.1M
$16.9M
Q2 25
$459.3M
$16.6M
Q1 25
$495.2M
$15.2M
Q4 24
$542.8M
$15.3M
Q3 24
$546.8M
$16.9M
Q2 24
$634.4M
$16.8M
Q1 24
$640.2M
$15.4M
Debt / Equity
TPTA
TPTA
WFCF
WFCF
Q4 25
1.22×
Q3 25
1.33×
Q2 25
1.54×
Q1 25
1.59×
Q4 24
1.76×
Q3 24
1.52×
Q2 24
1.76×
Q1 24
1.64×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
TPTA
TPTA
WFCF
WFCF
Operating Cash FlowLast quarter
$1.9M
$-707.0K
Free Cash FlowOCF − Capex
$-741.0K
FCF MarginFCF / Revenue
-12.3%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TPTA
TPTA
WFCF
WFCF
Q4 25
$1.9M
$-707.0K
Q3 25
$-4.3M
$501.0K
Q2 25
$1.2M
$1.2M
Q1 25
$861.6K
$632.0K
Q4 24
$-3.3M
$-50.0K
Q3 24
$1.7M
$912.0K
Q2 24
$-3.1M
$1.2M
Q1 24
$-4.2M
$700.0K
Free Cash Flow
TPTA
TPTA
WFCF
WFCF
Q4 25
$-741.0K
Q3 25
$443.0K
Q2 25
$1.1M
Q1 25
$603.0K
Q4 24
$-79.0K
Q3 24
$873.0K
Q2 24
$1.1M
Q1 24
$676.0K
FCF Margin
TPTA
TPTA
WFCF
WFCF
Q4 25
-12.3%
Q3 25
6.3%
Q2 25
17.5%
Q1 25
11.4%
Q4 24
-1.2%
Q3 24
12.3%
Q2 24
17.2%
Q1 24
12.1%
Capex Intensity
TPTA
TPTA
WFCF
WFCF
Q4 25
0.6%
Q3 25
0.8%
Q2 25
0.5%
Q1 25
0.5%
Q4 24
0.0%
0.4%
Q3 24
0.5%
Q2 24
1.0%
Q1 24
0.4%
Cash Conversion
TPTA
TPTA
WFCF
WFCF
Q4 25
Q3 25
0.44×
Q2 25
2.10×
Q1 25
20.39×
Q4 24
-0.05×
Q3 24
1.85×
Q2 24
2.39×
Q1 24
3.93×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

TPTA
TPTA

Segment breakdown not available.

WFCF
WFCF

Verification And Certification Service Revenue$5.0M83%
Other$1.0M17%

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