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MARKETS / NASDAQ / Consumer staples / Agriculture / VFF
NASDAQ · AGRICULTURAL PRODUCTION-CROPS · MID CAP

Village Farms International, Inc. VFF

9 fiscal years on record · USD · FY2025 reported · SEC filings only
$215.9M
▲ 10.2% YoY
$32.4M
$39.9M
▲ 508.1% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Village Farms International produces, markets and distributes greenhouse-grown products in North America. The company has approximately 1,128 employees and contract workers. Its operations are organized into four segments: Canadian Cannabis, U.S. Cannabis, Netherlands Cannabis and Produce (VFCLP). The Canadian Cannabis segment consists of Pure Sunfarms and Rose LifeScience. The U.S. Cannabis segment is Balanced Health Botanicals, LLC (BHB), which the company acquired in August 2021. Its Netherlands Cannabis segment, Leli Holland, holds one of ten licenses to produce and distribute recreational cannabis in the Netherlands, which has a population of over 18 million people. VFCLP owns and operates one produce greenhouse in Delta, British Columbia, totaling 60 acres. The company commenced produce operations in 1989 under its U.S. subsidiary, Village Farms L.P.

Written from the business description in Village Farms International, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 12 March 2026. Every sentence was checked against that document before publication.

Growth

USD 215.9M
Revenue, FY2025 · full 9-year series below
Revenue $M Net income $M
FY2025 · Revenue 215.9 · Net income 32.4
150M300M-50M-100M
2017202020232025
Compound annual growth
−9.7%
+4.9%
+22.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +4.9% a year over the five years to FY2025 — but profit grew faster: net income at +22.8%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

15 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating · · Net 14.9%
5%10%-10%-20%-30%
201720212025
ROE
FY2025 · ROE 11.7%
5%10%-10%-20%
201720212025
Three returns, three denominators.
Return on capital employedNot available: we don't have a clean operating profit figure for this period.
Gross margin40.6%
Operating margin·
Net margin14.9%
EBITDA·

Each USD of equity produced 12 cents of profit this year.

Cash & shareholders

USD 3.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 39.9
15.0M30.0M-25.0M-50.0M
201720212025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 3.0
2M4M
20212025
Dividends paid·
Net buybacksUSD 3.0M
Share of profit9.2%
Consecutive raises·

USD 3.0M in buybacks — 9% of the year's profit went back to shareholders.

Total assetsUSD 423.1M
CashUSD 81.2M
Gross debtUSD 33.7M
Net debtUSD -47.5M
Current ratio2.64×

Net debt stands at -16% of equity.

The 9-year record

9 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
VFF, 9-year financial record
Metric 202520242023202220212020201920182017
Revenue $B0.20.20.20.30.30.20.10.10.2
Operating income $B◌−0.0−0.0−0.1−0.00.0−0.0−0.0−0.0
EBITDA $B◌−0.0−0.0−0.10.00.00.0−0.00.0
Income tax $B0.0−0.00.00.0−0.0−0.0−0.0−0.0−0.0
Net income $B0.0−0.0−0.0−0.1−0.00.00.0−0.0−0.0
Free cash flow $B0.00.00.0−0.0−0.10.0−0.0−0.0−0.0
EPS, diluted $0.27−0.32−0.32−1.13−0.110.190.05−0.17−0.12
Dividend / sh $◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend—————————
ROE %11.7−13.0−11.5−28.4−3.07.02.2−9.9−7.1
Shares out B0.120.110.110.090.090.070.050.05◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

This company against its peers

Village Farms International, Inc.vsCorteva, Inc.Same industry: Agricultural Production-CropsVillage Farms International, Inc.vsDole PLCSame industry: Agricultural Production-CropsVillage Farms International, Inc.vsDEL Monte Corp.Same industry: Agricultural Production-CropsVillage Farms International, Inc.vsGreen Thumb Industries Inc.Same industry: Agricultural Production-CropsVillage Farms International, Inc.vsAdecoagro S.a.Same industry: Agricultural Production-CropsVillage Farms International, Inc.vsVerano Holdings Corp.Same industry: Agricultural Production-CropsVillage Farms International, Inc.vsLimoneira Co.Same industry: Agricultural Production-Crops
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Provenance

Company facts, as filed

How we verify · 0 failures in 43 reconciliationsAUDITED

Reconciled in 9 of the 9 fiscal years we could check. 22 checks were skipped: the balance sheet is not tagged before 2018. 10 checks were skipped: EPS is not tagged before 2017. 10 checks were skipped: revenue is not tagged before 2017.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityAgricultural Production-Crops
Listed onNASDAQ
Incorporated inoutside the United States — SEC code A6
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2017

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