COMP <GO>

QXL vs WFCF // EV/EBITDA & P/E VALUATION

Quantum X Labs Inc. (NASDAQ) VS. Where Food Comes From Inc. (NASDAQ) • 15-METRIC TALLY: QXL 1 — WFCF 3

■ METRIC PARITY

LAST: $3.90 (+5.41%) • MKT CAP: $84.1M

valuation

—

LAST: $16.43 (+3.46%) • MKT CAP: $81.8M

valuation

58.8x

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (QXL VS. WFCF) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	QXL	WFCF	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	38.20%	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	-35.00%	15.60%	-50.60	WFCF	/roic <GO>
EV/EBITDA & P/E Valuation ACTIVE	—	58.8x	—	TIE	/valuation <GO>
Free Cash Flow Yield	—	1.77%	—	TIE	/fcf-yield <GO>
Operating Margin	—	4.80%	—	TIE	/operating-margins <GO>
Net Profit Margin	—	6.20%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	-3.30%	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	17.39	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	1/9	6/9	-5.00	WFCF	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	66.0	67.3	-1.33	WFCF	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	49.6x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$84.1M	$81.8M	$2.3M	QXL	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	QXL REV	WFCF REV	QXL GROSS %	WFCF GROSS %	QXL FCF	WFCF FCF
FY 2025	$0	$24.9M	—	38.2%	—	$1.5M
FY 2024	$26.9M	$25.7M	—	41.0%	$1.5M	$2.6M
FY 2023	$79.6M	$25.1M	—	—	$934.0K	$2.8M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

QXL // BETA —

WFCF // BETA —