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MARKETS / NASDAQ / 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
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
100M200M-40M-80M201720182019202020212022202320242025
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 five years — 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%201720182019202020212022202320242025
ROE
FY2025 · ROE 12.8%
5%10%-10%-20%201720182019202020212022202320242025

Each USD of equity produced 13 cents of profit this year.

Cash & shareholders
USD 3.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 39.9
20.0M-25.0M-50.0M201720182019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 3.0
2M4M20212025

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×

Not available: we don't have the shareholders' equity figure for this period.

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
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 %·········
ROE %12.8−13.0−11.5−28.4−3.07.02.2−9.9−7.1
Shares out B0.120.110.110.090.090.070.050.05·

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

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This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 43 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 52 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 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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