Village Farms International, Inc. (VFF) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	230.6M	215.9M	336.2M	285.6M	293.6M
Cost of Revenue	128.5M	128.3M	288.8M	236.2M	266.1M
Gross Profit	102.1M	87.7M	47.4M	49.4M	27.5M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	65.0M	60.3M	71.0M	65.5M	72.3M
General & Admin Expense	30.3M	60.3M	71.0M	65.5M	72.3M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	65.0M	60.3M	71.0M	65.5M	72.3M
Cost and Expenses	193.5M	188.5M	359.8M	301.7M	338.3M
Operating Income (EBIT)	37.1M	27.4M	(23.6M)	(16.1M)	(44.8M)
Non-Operating
Interest Income	1.9M	1.2M	914.0K	1.0M	207.0K
Interest Expense	2.2M	2.7M	3.4M	4.5M	3.2M
Net Interest Income	(258.0K)	(1.5M)	(2.5M)	(3.5M)	(3.0M)
Other Non-Op Income/Expense	(2.2M)	4.0M	(13.7M)	(11.3M)	(52.0M)
Non-Operating Income (excl Interest)	23.0K	(6.7M)	10.3M	6.8M	46.1M
EBT (Pre-Tax Income)	34.9M	31.4M	(37.3M)	(27.4M)	(96.7M)
Income Tax Expense	11.8M	10.4M	(1.7M)	7.5M	4.7M
Bottom Line
Net Income	22.7M	32.4M	(35.9M)	(34.8M)	(101.1M)
Earnings from Cont. Ops	23.1M	21.0M	(35.6M)	(34.8M)	(101.4M)
Earnings from Discont. Ops	(174.0K)	11.1M	—	—	—
Bottom Line Net Income	22.7M	32.4M	(35.9M)	(34.8M)	(101.1M)
Per Share
Basic EPS	$0.20	$0.29	($0.32)	($0.29)	($1.11)
Diluted EPS	$0.19	$0.27	($0.32)	($0.29)	($1.11)
Revenue Per Share	$1.98	$1.91	$3.02	$2.63	$3.29
Shares
Basic Shares Outstanding	116.2M	113.0M	111.4M	108.7M	89.1M
Diluted Shares Outstanding	124.7M	120.6M	111.4M	108.7M	89.1M
Profitability Metrics
EBITDA	49.4M	50.4M	(15.1M)	(6.9M)	(77.8M)
D&A	12.3M	16.4M	18.8M	15.9M	13.1M
EBIT	37.1M	34.1M	(33.9M)	(22.9M)	(90.8M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026