VFF vs VRNO
Village Farms International, Inc. and Verano Holdings Corp., side by side — 6 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | VFF | VRNO |
|---|---|---|
| Revenue | $215.9M | $821.5M |
| Net income | $32.4M | $-257.9M |
| Gross margin | 40.6% | 50.3% |
| Net margin | 14.9% | −31.4% |
| Return on equity | 11.7% | −31.1% |
| Diluted EPS | $0.27 | −$0.71 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $39.9M | $11.6M |
| Equity | · | $704.2M |
| Net debt / equity | −0.16× | 0.45× |
| Current ratio | 2.64× | 2.88× |
| Revenue CAGR 5y | 4.9% | 29.2% |
| Profit CAGR 5y | 22.8% | · |
VRNO bills 3.8× the revenue of VFF, and VRNO closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
6 years side by side
| Fiscal year | VFF | VRNO |
|---|---|---|
| FY2025 | $215.9M | $821.5M |
| FY2024 | $195.9M | $878.6M |
| FY2023 | $163.1M | $938.5M |
| FY2022 | $293.6M | $879.4M |
| FY2021 | $268.0M | $737.9M |
| FY2020 | $170.1M | $228.5M |
Bottom line
| Fiscal year | VFF | VRNO |
|---|---|---|
| FY2025 | $32.4M | $-257.9M |
| FY2024 | $-35.9M | $-341.9M |
| FY2023 | $-34.8M | $-117.3M |
| FY2022 | $-101.1M | $-269.2M |
| FY2021 | $-9.1M | $-57.5M |
| FY2020 | $11.6M | $38.4M |
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$605,567,000 | VRNO |
| FY2024 | −$682,678,000 | VRNO |
| FY2023 | −$775,343,000 | VRNO |
| FY2022 | −$585,840,000 | VRNO |
| FY2021 | −$469,830,000 | VRNO |
| FY2020 | −$58,444,000 | VRNO |
VRNO has reported the higher revenue in every one of these 6 fiscal years. The gap has widened since the earliest year compared.
6 of 9 comparable fiscal years — a year missing data on either side is not counted.
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +46.3 pp | VFF |
| FY2024 | +20.7 pp | VFF |
| FY2023 | −8.8 pp | VRNO |
| FY2022 | −4.0 pp | VRNO |
| FY2021 | +4.0 pp | VFF |
| FY2020 | −10.7 pp | VRNO |
The higher net margin has changed hands between VFF and VRNO over this period.
6 of 9 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VRNO's net margin has been more volatile than VFF's over the 6 comparable fiscal years — 19.1 percentage points of standard deviation against 17.0.
6 of 9 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between VFF and VRNO over these 6 fiscal years — VFF led in 3 and VRNO in 3.
6 of 9 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VFF's return on equity has been more volatile than VRNO's over the 5 comparable fiscal years — 13.2 percentage points of standard deviation against 11.2.
5 of 9 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between VFF and VRNO over these 5 fiscal years — VFF led in 3 and VRNO in 2.
5 of 9 comparable fiscal years — a year missing data on either side is not counted.