Financial Analysis
Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data
Village Farms International, Inc. VFF
· Agriculture · Agricultural Production-Crops
Filing evidence summary
Mixed evidenceCoverage 3/5 core metricsFlagged areas: Dilution.
Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.
Evidence signals
- 1 filing risk check flagged
Flagged areas: Dilution.
Why this surfaced
The full financial analysis shows each value, threshold, and sector limitation.
- Revenue expanded
Latest reported annual revenue changed +10.2% from the prior reported annual observation.
Why this surfaced
Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2025-12-31.
- Free cash flow was positive
Latest reported free cash flow was $40M.
Why this surfaced
Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2025-12-31.
Core trend metrics
Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.
Where to look next
Risk checks
- Dilution
Financial movement
- Cash→ flat
- Long-term debt→ flat
- Inventory→ flat
- Receivables→ flat
- Current assets→ flat
Source & freshness
- Source
- SEC EDGAR XBRL
- Fetched
- 2026-09-06
- Latest period end
- 2025-12-31
- Filings
- EDGAR ↗
Reported segment mix
figures as filed · share of the filed sum · change vs the prior period in the same filing- Produce Business$26.3M94.1%-9.0% yoy
- Energy Business$1.64M5.9%+117.4% yoy
Members sum to $27.9M against $216M consolidated (residual $188M) - eliminations or corporate lines the filer did not tag on this axis.
- Cannabis Business$49.7M99.0%+26.8% yoy
- Energy Business$386K0.8%-9.4% yoy
- Produce Business$108K0.2%+300.0% yoy
Change is against the same quarter a year earlier, as reported in the same 10-Q.
Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.
Peer percentiles
latest fiscal year ending 2025-12-31 · among 4,096 US-listed filers · 788 in Materials| Metric | Value | vs all filers | vs sector |
|---|---|---|---|
Revenue latest fiscal-year revenue as filed | $216M | 34thof 3,301 middle third | 54thof 522 middle third |
Revenue growth latest fiscal-year revenue vs the prior fiscal year | 10.2% | 62ndof 3,135 middle third | 55thof 473 middle third |
Gross margin gross profit ÷ revenue | 40.6% | 54thof 1,603 middle third | 62ndof 221 middle third |
Net margin net income ÷ revenue | 15.0% | 80thof 3,263 top third | 86thof 518 top third |
Free-cash-flow margin (operating cash flow − |capex|) ÷ revenue | 18.5% | 81stof 2,679 top third | 88thof 433 top third |
Return on equity net income ÷ stockholders' equity (positive equity only) | 10.8% | 69thof 3,577 top third | 84thof 701 top third |
Stock comp ÷ revenue stock-based compensation ÷ revenue · lower is ranked higher | 0.8% | 74thof 2,895 top third | 81stof 476 top third |
Days sales outstanding receivables ÷ revenue × 365 · lower is ranked higher | 39 days | 63rdof 2,398 middle third | 68thof 387 top third |
Net debt ÷ operating cash flow net debt ÷ operating cash flow (OCF > 0) · lower is ranked higher | -0.8× | 89thof 1,547 top third | 92ndof 145 top third |
Cash conversion operating cash flow ÷ net income (net income > 0) | 1.8× | 60thof 2,108 middle third | 64thof 182 middle third |
Cash-flow accrual ratio (net income − operating cash flow) ÷ average total assets · lower is ranked higher | -6.3% | 61stof 3,193 middle third | 53rdof 561 middle third |
Balance-sheet accrual ratio change in net operating assets ÷ average net operating assets · lower is ranked higher | -6.4% | 74thof 2,719 top third | 63rdof 495 middle third |
Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.
Earnings quality
latest fiscal year ending 2025-12-31 · accruals and cash conversion as filedPer fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.
Point-in-time ledger
first-reported vs latest filing · periods since 2020-01-01 · 26 changed periods| Line item | Period | First reported | Latest filing | Change | Filings |
|---|---|---|---|---|---|
| Equity issued ProceedsFromIssuanceOfCommonStock | balance at 2023-01-30 | $25 10-Q 2023-05-10 | $25M 10-K 2026-03-12 | +99999900.0% | first · latest · 7 filings carry it |
| Debt issued ProceedsFromIssuanceOfLongTermDebt | quarter 2025-03-31 | $1M 10-Q 2025-05-12 | $0 10-Q 2026-05-11 | -100.0% | first · latest |
| Capital expenditure PaymentsToAcquirePropertyPlantAndEquipment | quarter 2025-03-31 | $2.54M 10-Q 2025-05-12 | $1.25M 10-Q 2026-05-11 | -50.8% | first · latest |
| Revenue Revenues | quarter 2025-03-31 | $77.1M 10-Q 2025-05-12 | $39.7M 10-Q 2026-05-11 | -48.5% | first · latest |
| Gross profit GrossProfit | quarter 2024-06-30 | $9.25M 10-Q 2024-08-08 | $13.6M 10-Q 2025-08-11 | +47.5% | first · latest |
| Capital expenditure PaymentsToAcquirePropertyPlantAndEquipment | fiscal year 2023-12-31 | $6.52M 10-K 2024-03-13 | $3.6M 10-K 2026-03-12 | -44.7% | first · latest · 4 filings carry it |
| Revenue Revenues | fiscal year 2023-12-31 | $286M 10-K 2024-03-13 | $163M 10-K 2026-03-12 | -42.9% | first · latest · 4 filings carry it |
| Revenue Revenues | quarter 2024-06-30 | $92.2M 10-Q 2024-08-08 | $53.6M 10-Q 2025-08-11 | -41.9% | first · latest |
| Revenue Revenues | fiscal year 2024-12-31 | $336M 10-K 2025-03-13 | $196M 10-K 2026-03-12 | -41.7% | first · latest |
| Receivables AccountsReceivableNetCurrent | balance at 2024-12-31 | $33.7M 10-K 2025-03-13 | $22.2M 10-K 2026-03-12 | -34.2% | first · latest · 5 filings carry it |
| Revenue Revenues | quarter 2024-09-30 | $83.4M 10-Q 2024-11-07 | $54.9M 10-Q 2025-11-10 | -34.1% | first · latest |
| Capital expenditure PaymentsToAcquirePropertyPlantAndEquipment | fiscal year 2024-12-31 | $10.1M 10-K 2025-03-13 | $7.17M 10-K 2026-03-12 | -28.9% | first · latest |
| Gross profit GrossProfit | quarter 2025-03-31 | $11.3M 10-Q 2025-05-12 | $14.2M 10-Q 2026-05-11 | +25.0% | first · latest |
| Gross profit GrossProfit | quarter 2024-09-30 | $15.7M 10-Q 2024-11-07 | $13.6M 10-Q 2025-11-10 | -13.2% | first · latest |
| Depreciation and amortization DepreciationDepletionAndAmortization | fiscal year 2023-12-31 | $15.9M 10-K 2024-03-13 | $14.1M 10-K 2026-03-12 | -11.5% | first · latest · 4 filings carry it |
| Depreciation and amortization DepreciationDepletionAndAmortization | fiscal year 2024-12-31 | $18.8M 10-K 2025-03-13 | $16.7M 10-K 2026-03-12 | -11.2% | first · latest |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2025-03-31 | $4.97M 10-Q 2025-05-12 | $4.44M 10-Q 2026-05-11 | -10.7% | first · latest |
| Net income NetIncomeLoss | fiscal year 2023-12-31 | -$31.8M 10-K 2024-03-13 | -$34.8M 10-K 2026-03-12 | -9.4% | first · latest · 4 filings carry it |
| Gross profit GrossProfit | fiscal year 2024-12-31 | $47.4M 10-K 2025-03-13 | $45.8M 10-K 2026-03-12 | -3.4% | first · latest |
| Gross profit GrossProfit | fiscal year 2023-12-31 | $49.4M 10-K 2024-03-13 | $48M 10-K 2026-03-12 | -3.0% | first · latest · 4 filings carry it |
| Stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest | balance at 2024-06-30 | $276M 10-Q 2024-08-08 | $273M 10-Q 2025-11-10 | -1.1% | first · latest · 4 filings carry it |
| Stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest | balance at 2024-03-31 | $297M 10-Q 2024-05-08 | $294M 10-Q 2025-08-11 | -1.0% | first · latest · 4 filings carry it |
| Stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest | balance at 2023-12-31 | $303M 10-K 2024-03-13 | $300M 10-K 2026-03-12 | -1.0% | first · latest · 10 filings carry it |
| Interest expense InterestExpense | quarter 2025-03-31 | $706K 10-Q 2025-05-12 | $701K 10-Q 2026-05-11 | -0.7% | first · latest |
| Total assets Assets | balance at 2023-12-31 | $467M 10-K 2024-03-13 | $464M 10-K 2025-03-13 | -0.6% | first · latest · 6 filings carry it |
| Interest expense InterestExpense | quarter 2024-09-30 | $784K 10-Q 2024-11-07 | $779K 10-Q 2025-11-10 | -0.6% | first · latest |
First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.
Notes by disclosure type
Not available for VFF yet: no footnote text blocks on file for this filer in the ingested DERA files.
Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.