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Village Farms Intl Inc 10-Q Filings

VFF NASDAQ

Every 10-Q that Village Farms Intl Inc (VFF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow VFF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VFF filings page.

Rhea-AI Summary

Village Farms International, Inc. reported higher sales from continuing operations while investing heavily in growth and restructuring toward a unified cannabis model. For the six months ended June 30, 2026, revenue from continuing operations rose to $114.2 million from $99.6 million a year earlier, driven mainly by cannabis, including record international exports of $35.5 million. Gross profit increased to $51.0 million, and cannabis segment gross margins expanded, supported by record production and improved efficiencies at its Delta, British Columbia facilities.

Income from continuing operations was $9.9 million versus $7.8 million in 2025, though prior-year results included substantial income from discontinued produce operations. Net income attributable to shareholders from continuing and discontinued operations was $10.1 million, down from $19.8 million due to the one-time 2025 gain on the Verdexa produce transaction.

Operating cash flow from continuing operations swung to an outflow of $7.9 million from an inflow of $22.3 million, reflecting a $28.4 million working capital build and $18.0 million of tax payments. Cash and equivalents decreased to $72.9 million from $86.3 million, while long-term debt increased to $40.0 million. The company raised $15 million in a June 2026 equity offering, repurchased 2.2 million shares for $6.8 million, and increased its stake in Rose LifeScience to 86.6%. Management continues to expand capacity in Canada and the Netherlands and emphasizes international medical cannabis markets.

Rhea-AI Summary

Village Farms International reported a strong turnaround in Q1 2026. Revenue rose to $50.2 million, a 27% increase from $39.7 million a year earlier, driven mainly by a 171% jump in international cannabis exports to $14.6 million and steady Canadian branded sales.

Gross profit increased 48% to $21.0 million, and net income attributable to shareholders was $2.9 million versus a $6.7 million loss last year. Adjusted EBITDA from continuing operations more than doubled to $9.9 million as the company focused on its unified Cannabis segment and higher-margin export and branded products.

The company repurchased $6.4 million of stock under its buyback program and ended the quarter with $55.5 million in cash and restricted cash and working capital of $88.8 million after roughly $15 million of tax payments and $9.2 million of growth capex, including Canadian and Netherlands capacity expansions.

Rhea-AI Summary

Village Farms International reported stronger Q3 results. Sales rose to $66.7 million from $54.9 million, lifting gross profit to $31.9 million from $13.6 million. Income from continuing operations reached $10.8 million versus a loss of $0.8 million a year ago, and net income attributable to shareholders was $10.2 million. Basic EPS was $0.09.

Performance was led by Cannabis-Canada, with segment operating income of $16.8 million. International cannabis revenue increased to $11.9 million, and Netherlands cannabis contributed $3.6 million. Cash and cash equivalents were $82.6 million at September 30, 2025, up from $24.6 million at year‑end, supported by closing the produce divestiture. The Company completed the sale of certain Fresh Produce assets to Vanguard Food LP, receiving $40.0 million in cash (including $5.0 million in escrow) and a 37.9% equity interest, recording a $20.0 million gain, and reclassifying Produce as discontinued operations.

Total assets were $418.4 million; total liabilities were $113.0 million. Long‑term debt totaled $29.8 million. Shares outstanding were 115,517,766 as of November 8, 2025.

Rhea-AI Summary

Village Farms International, Inc. reported stronger operating and balance sheet results for the quarter ended June 30, 2025. Revenue rose to $59.9 million from $53.6 million a year earlier, and gross profit increased to $22.3 million. The company recorded net income attributable to shareholders of $26.5 million, reversing a year‑ago loss, driven in part by a $19.99 million gain on the disposal of certain Produce assets to Vanguard Food LP and improved cannabis margins. Cash and restricted cash increased to $64.99 million, reflecting $40 million of transaction proceeds, and total assets rose to $403.7 million while total liabilities declined to $109.6 million. Adjusted EBITDA from continuing operations improved to $17.1 million. The Company continues to operate five reportable segments, has C$37.4 million of new Pure Sunfarms secured credit facilities, a long‑term debt balance of $31.2 million, and a deferred tax valuation allowance of $44.08 million. Discontinued Produce operations are presented separately following the Vanguard transaction and the Company holds a 37.9% equity interest in Vanguard accounted for under the equity method.