See more : OptiNose, Inc. (OPTN) Income Statement Analysis – Financial Results
Complete financial analysis of Village Farms International, Inc. (VFF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Village Farms International, Inc., a leading company in the Agricultural Farm Products industry within the Consumer Defensive sector.
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Village Farms International, Inc. (VFF)
About Village Farms International, Inc.
Village Farms International, Inc., together with its subsidiaries, produces, markets, and distributes greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. The company also owns and operates a power plant that generates and sells electricity, and provides thermal heat to British Columbia Hydro and Power Authority; produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; and develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications. It markets and distributes its products under the Village Farms brand name to retail supermarkets and fresh food distribution companies, as well as products produced under exclusive arrangements with other greenhouse producers. The company was formerly known as Village Farms Canada Inc. and changed its name to Village Farms International, Inc. in December 2009. Village Farms International, Inc. was founded in 1989 and is headquartered in Delta, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 285.60M | 293.57M | 268.02M | 170.09M | 144.57M | 150.00M | 158.41M | 155.50M | 141.93M | 136.62M | 137.64M | 133.94M | 164.45M | 144.77M | 130.52M | 133.10M | 113.75M | 82.36M | 53.80M | 43.34M |
| Cost of Revenue | 236.18M | 266.08M | 222.84M | 159.13M | 151.91M | 141.12M | 144.17M | 142.28M | 126.26M | 122.86M | 120.59M | 126.51M | 140.63M | 123.63M | 115.76M | 106.34M | 95.53M | 68.32M | 41.44M | 39.08M |
| Gross Profit | 49.43M | 27.50M | 45.18M | 10.96M | -7.35M | 8.88M | 14.24M | 13.22M | 15.68M | 13.76M | 17.05M | 7.44M | 23.82M | 21.14M | 14.77M | 26.76M | 18.23M | 14.04M | 12.36M | 4.26M |
| Gross Profit Ratio | 17.31% | 9.37% | 16.86% | 6.44% | -5.08% | 5.92% | 8.99% | 8.50% | 11.05% | 10.07% | 12.39% | 5.55% | 14.49% | 14.60% | 11.31% | 20.11% | 16.02% | 17.05% | 22.97% | 9.82% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 65.50M | 72.27M | 53.92M | 25.23M | 21.48M | 15.06M | 14.80M | 12.60M | 11.45M | 12.85M | 12.39M | 14.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | -61.29M | 0.00 | 0.00 | 0.00 | 504.00K | 617.00K | 1.12M | 596.00K | 530.00K | 486.00K | 534.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 65.50M | 72.27M | 53.92M | 25.23M | 21.48M | 15.56M | 15.41M | 13.72M | 12.05M | 13.38M | 12.87M | 14.54M | 14.59M | 13.16M | 12.09M | 14.33M | 11.08M | 8.30M | 5.25M | 2.61M |
| Other Expenses | 0.00 | -115.00K | -161.00K | 49.00K | 268.00K | 131.00K | 46.00K | 22.00K | 22.00K | -770.00K | 91.00K | 261.00K | -1.25M | 686.00K | -979.00K | 926.00K | 1.39M | 281.57K | 3.56M | 31.61M |
| Operating Expenses | 65.50M | 72.27M | 53.92M | 25.23M | 21.48M | 15.56M | 15.41M | 13.72M | 12.05M | 13.49M | 13.58M | 23.64M | 14.59M | 13.16M | 12.09M | 14.33M | 12.47M | 8.58M | 8.81M | 34.22M |
| Cost & Expenses | 301.68M | 338.34M | 276.76M | 184.35M | 173.39M | 156.68M | 159.58M | 156.00M | 138.30M | 136.34M | 134.16M | 150.15M | 155.22M | 136.80M | 127.85M | 120.67M | 108.00M | 76.89M | 50.25M | 73.30M |
| Interest Income | 1.02M | 207.00K | 126.00K | 625.00K | 1.04M | 311.00K | 0.00 | 0.00 | 0.00 | 0.00 | 3.00K | 2.00K | 17.00K | 39.00K | 0.00 | 68.00K | 223.00K | 0.00 | 0.00 | 0.00 |
| Interest Expense | 4.51M | 3.24M | 2.84M | 2.06M | 2.61M | 2.79M | 2.70M | 2.51M | 2.26M | 2.49M | 3.68M | 4.33M | 3.03M | 2.78M | 3.16M | 3.69M | 5.84M | 1.35M | 2.47M | 0.00 |
| Depreciation & Amortization | 15.93M | 13.27M | 13.01M | 6.94M | 7.37M | 7.03M | 7.59M | 8.16M | 8.29M | 7.89M | 7.31M | 7.55M | 6.01M | 5.79M | 5.77M | 6.46M | 6.58M | 4.07M | 3.56M | 3.06M |
| EBITDA | -6.80M | -77.55M | -1.21M | 16.81M | -7.34M | 177.00K | 5.24M | 7.67M | 11.48M | 7.01M | 26.95M | 24.10M | 16.77M | 12.44M | 9.32M | 17.01M | 16.78M | 9.53M | 7.11M | -26.91M |
| EBITDA Ratio | -2.38% | -10.77% | 1.47% | -6.21% | -13.94% | 0.93% | -1.03% | 4.94% | 8.41% | 6.25% | 7.91% | -6.26% | 10.20% | 9.98% | 7.06% | 14.93% | 10.84% | 11.57% | 13.22% | -62.08% |
| Operating Income | -16.08M | -44.68M | -8.77M | -17.39M | -27.52M | -6.68M | -1.18M | -497.00K | 3.63M | 379.00K | 19.52M | 15.13M | 9.23M | 7.97M | 2.67M | 12.43M | 5.75M | 5.46M | 3.55M | -28.30M |
| Operating Income Ratio | -5.63% | -15.22% | -3.27% | -10.22% | -19.03% | -4.45% | -0.74% | -0.32% | 2.56% | 0.28% | 14.19% | 11.30% | 5.61% | 5.51% | 2.05% | 9.34% | 5.06% | 6.63% | 6.60% | -65.31% |
| Total Other Income/Expenses | -11.29M | -49.30M | -11.14M | 22.08M | 11.50M | -2.97M | -2.63M | -2.59M | -2.70M | -3.75M | 11.89M | 19.42M | -1.77M | -4.14M | -2.28M | -5.49M | -3.95M | -2.51M | 2.37M | 611.10K |
| Income Before Tax | -27.37M | -94.07M | -12.34M | 7.81M | -17.32M | -7.62M | 3.96M | -3.09M | 933.00K | -3.37M | 15.97M | 12.21M | 7.73M | 5.88M | 389.00K | 6.93M | 3.20M | 2.96M | 1.73M | -30.04M |
| Income Before Tax Ratio | -9.58% | -32.04% | -4.61% | 4.59% | -11.98% | -5.08% | 2.50% | -1.99% | 0.66% | -2.47% | 11.60% | 9.12% | 4.70% | 4.06% | 0.30% | 5.21% | 2.81% | 3.59% | 3.22% | -69.30% |
| Income Tax Expense | 4.45M | 4.68M | -3.53M | -2.79M | -5.87M | -2.48M | 138.00K | -1.10M | -1.16M | -3.26M | 5.48M | 4.31M | 1.93M | 285.00K | -6.28M | 2.39M | 793.48K | 1.92M | -2.17M | -3.65M |
| Net Income | -31.80M | -98.75M | -8.82M | 11.61M | -11.45M | -5.15M | 3.82M | -1.98M | 2.09M | -107.00K | 10.49M | 7.90M | 5.81M | 5.60M | 6.67M | 4.54M | 2.41M | 1.04M | 4.62M | -17.92M |
| Net Income Ratio | -11.13% | -33.64% | -3.29% | 6.82% | -7.92% | -3.43% | 2.41% | -1.28% | 1.48% | -0.08% | 7.62% | 5.90% | 3.53% | 3.87% | 5.11% | 3.41% | 2.12% | 1.26% | 8.58% | -41.34% |
| EPS | -0.29 | -1.11 | -0.11 | 0.20 | -0.23 | -0.12 | -0.12 | -0.05 | 0.05 | 0.00 | 0.27 | 0.20 | 0.15 | 0.11 | 0.17 | 0.12 | 0.07 | 0.03 | 0.15 | -2.54 |
| EPS Diluted | -0.29 | -1.11 | -0.11 | 0.19 | -0.22 | -0.12 | -0.12 | -0.05 | 0.05 | 0.00 | 0.27 | 0.20 | 0.15 | 0.11 | 0.17 | 0.12 | 0.06 | 0.03 | 0.15 | -2.54 |
| Weighted Avg Shares Out | 108.73M | 89.13M | 82.16M | 58.53M | 49.42M | 44.36M | 39.14M | 38.88M | 38.81M | 38.71M | 38.71M | 38.71M | 38.87M | 38.71M | 38.71M | 36.37M | 36.35M | 27.19M | 25.65M | 7.06M |
| Weighted Avg Shares Out (Dil) | 108.73M | 89.13M | 82.16M | 61.49M | 51.18M | 44.36M | 39.14M | 39.18M | 38.87M | 38.98M | 38.84M | 38.71M | 38.87M | 38.85M | 38.71M | 38.71M | 38.71M | 27.66M | 25.65M | 7.06M |
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