7Baggers

Village Farms International, Inc
(NASDAQ:VFF) 

VFF stock logo

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 three segments: Produce Business, Energy Business, and Cannabis and Hemp Business. The company also owns ...

Full Time Employees: 1,000
Sector: Consumer Defensive
Industry: Farm Products
CannabisCanadian
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At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
    Unit: USD2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-06-30 2021-03-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-11-14 2019-08-12 2019-05-09 2019-03-13 
                                
      sales
    		50,238,000 49,617,000 66,741,000 59,899,000 77,074,000 82,554,000 83,368,000 92,182,000 78,077,000 74,225,000 69,510,000 77,212,000 64,656,000 69,457,000 71,056,000 82,903,000 70,156,000  70,374,000 52,396,000 43,037,000 47,573,000 32,112,000 33,056,000 38,293,000 41,329,000 31,890,000 150,000,000 
      cost of sales
    		-29,252,000 -30,395,000 -34,803,000 -37,557,000 -65,734,000 -75,623,000 -67,660,000 -82,934,000 -62,564,000 -63,219,000 -54,889,000 -65,713,000 -52,356,000 -66,561,000 -62,682,000 -76,580,000 -60,252,000  -65,109,000 -50,089,000 -37,418,000 -44,044,000 -31,347,000 -37,202,000 -38,866,000 -44,263,000 -31,582,000 -140,282,000 
      gross profit
    		20,986,000 19,222,000 31,938,000 22,342,000 11,340,000 6,931,000 15,708,000 9,248,000 15,513,000                    
      yoy
    		85.06% 177.33% 103.32% 141.59% -26.90%                        
      qoq
    		9.18% -39.81% 42.95% 97.02% 63.61% -55.88% 69.85% -40.39%                     
      selling, general and administrative expenses
    		-15,942,000 -14,664,000 -15,599,000 -15,411,000 -16,779,000 -18,455,000 -16,540,000 -19,666,000 -16,387,000 -15,521,000 -15,822,000 -16,753,000 -17,405,000 -17,037,000 -16,868,000 -17,402,000 -16,971,000  -9,025,000 -8,092,000 -4,942,000 -3,813,000 -3,921,000 -1,890,000 -4,607,000 -4,830,000 -5,432,000 -15,562,000 
      interest expense
    		-523,000 -542,000 -646,000 -814,000 -706,000 -759,000 -784,000 -905,000 -917,000 -977,000 -988,000 -1,411,000 -1,133,000 -914,000 -982,000 -665,000 -683,000  -598,000 -741,000 -299,000 -437,000 -537,000 -460,000 -697,000 -503,000 607,000 2,407,000 
      interest income
    		608,000 619,000 360,000 109,000 75,000 157,000 229,000 322,000 206,000 277,000 262,000 283,000 196,000 78,000 60,000  110,000  46,000 3,000 101,000 93,000 383,000 385,000 304,000    
      foreign exchange gain
    		-548,000 85,000 -238,000 1,792,000  -1,914,000 352,000 -403,000    738,000 -69,000   -527,000 319,000  193,000  -484,000 530,000 -926,000 95,000 -183,000 243,000 -278,000  
      other income
    		-184,000 4,000 -282,000 4,430,000 22,000 3,487,000 379,000 45,000 104,000 3,000 -19,000 5,602,000 30,000   -30,000 -8,000  -166,000 -69,000 27,000 26,000 39,000 49,000 69,000 282,000  -131,000 
      income before taxes and equity method investment income
    		4,397,000 6,713,000 15,533,000 12,448,000                         
      provision for income taxes
    		-1,668,000 -2,050,750 -4,717,000 -2,503,000 -983,000   -260,000 -320,000                    
      equity method investment income, net of tax
    		                            
      income from continuing operations
    		2,729,000 2,339,000 10,816,000 9,945,000                         
      loss from discontinued operations, net of tax
    		                            
      income including non-controlling interests
    		2,729,000 2,441,000 10,540,000 26,239,000          -48,897,000 -9,132,000              
      less: net loss attributable to non-controlling interests, net of tax
    		188,000 -11,000 -323,000 258,000 412,000   9,000 -173,000 27,000 -46,000 -39,000 79,000 -432,000 387,000              
      net income attributable to village farms international, inc. shareholders
    		2,917,000 2,430,000 10,217,000 26,497,000                         
      basic income per share attributable to village farms international, inc. shareholders from:
    		                            
      continuing operations
    		0.03 0.02 0.09 0.09                         
      discontinued operations
    		   0.15                         
      basic income per share attributable to village farms international, inc. shareholders
    		0.03 0.02 0.09 0.24          -0.54 -0.1              
      diluted income per share attributable to village farms international, inc. shareholders from:
    		                            
      diluted income per share attributable to village farms international, inc. shareholders
    		0.02 0.01 0.08 0.24          -0.54 -0.1              
      weighted-average number of common shares used in the computation of net income per share
    		                            
      basic
    		115,257 113,283 113,039 112,347 112,337 111,370 111,917 110,960 110,249 108,728 110,239 110,239 104,097 89,127 88,684   82,161 81,071 76,022 58,536 56,339 52,933 49,418,228     
      diluted
    		127,057 118,545 120,565 112,736 112,337 111,370 111,917 110,960 110,249 108,728 110,239 110,239 104,097 89,127 88,684   82,161 81,071 76,022 60,440 56,339 54,175 51,178,981     
      other comprehensive income:
    		                            
      foreign currency translation adjustment
    		-3,530 3,283 -3,920 9,870 965 -12,610 2,595 -2,001 -4,251 5,136 -5,986 4,225 862 2,451 -14,780    2,366 1,711 31 55 -127 29 -22 36 44 -171 
      comprehensive loss including non-controlling interests
    		-801    -6,150    -6,930 -17,374 -7,239  -5,853                
      comprehensive loss attributable to non-controlling interests
    		346 -10 -140 -239 339 2.5 -222 117 115 -12.5 353 -361 -42                
      comprehensive loss attributable to village farms international, inc. shareholders
    		-455    -5,811    -6,815 -17,760 -6,886  -5,895                
      goodwill and intangible asset impairments
    		       -11,939,000                     
      income from discontinued operations, net of tax
    		 102,000 -276,000 16,294,000                         
      comprehensive income including non-controlling interests
    		 5,724 6,620 36,109        2,884                 
      comprehensive income attributable to village farms international, inc. shareholders
    		 5,558 6,480 35,870        2,523                 
      foreign exchange loss
    		    -84,000    -878,000 -75,500 -971,000   -84,000 -1,963,000     -504,000        1,047,000 
      loss before taxes
    		    -6,132,000 -6,578,250 -656,000 -23,298,000 -2,359,000                    
      loss including non-controlling interests
    		    -7,115,000 -8,656,000 -750,000 -23,558,000 -2,679,000 -22,510,000 -1,253,000 -1,341,000 -6,715,000                
      net loss attributable to village farms international, inc. shareholders
    		    -6,703,000 -8,629,000 -820,000 -23,549,000 -2,852,000 -22,483,000 -1,299,000 -1,380,000                 
      basic loss per share attributable to village farms international, inc. shareholders
    		    -0.06 -0.07 -0.01 -0.21 -0.03 -0.2 -0.01 -0.01 -0.06                
      diluted loss per share attributable to village farms international, inc. shareholders
    		    -0.06 -0.07 -0.01 -0.21 -0.03 -0.2 -0.01 -0.01 -0.06                
      weighted-average number of common shares used in the computation of net loss per share
    		                            
      basic
    		115,257 113,283 113,039 112,347 112,337 111,370 111,917 110,960 110,249 108,728 110,239 110,239 104,097 89,127 88,684   82,161 81,071 76,022 58,536 56,339 52,933 49,418,228     
      diluted
    		127,057 118,545 120,565 112,736 112,337 111,370 111,917 110,960 110,249 108,728 110,239 110,239 104,097 89,127 88,684   82,161 81,071 76,022 60,440 56,339 54,175 51,178,981     
      (provision for) recovery of income taxes
    		     -168,500 -94,000     -1,299,000 -634,000        -336,000 -69,000       
      less: net income attributable to non-controlling interests, net of tax
    		     -58,500 -70,000         152,000 162,000            
      comprehensive gain including non-controlling interests
    		     -7,660.5 1,845 -25,559                     
      comprehensive gain attributable to village farms international, inc. shareholders
    		     -7,658 1,623 -25,442                     
      gross margin
    		         11,006,000 14,621,000 11,499,000 12,300,000 2,896,000 8,374,000 6,323,000 9,904,000  5,265,000 2,307,000 5,619,000 3,529,000 765,000      
      write-off of joint venture loan
    		             -148,000  -592,000             
      impairments
    		             -13,500,000  -29,799,000             
      loss before taxes and loss from equity method investments
    		         -18,328,000 -2,917,000 -42,000 -6,081,000                
      recovery of (provision for) income taxes
    		         -67,250 1,664,000   3,640,750 3,183,000    1,781,000       3,160,000   
      loss from equity method investments
    		                            
      net loss attributable to village farms international, inc.
    		            -6,636,000                
      share-based compensation
    		             -983,000 -926,000 -1,114,000 -964,000  -1,887,000 -1,998,000 -472,000 -328,000 -529,000      
      other expense
    		             -3,500 -17,000            132,000  
      gain on disposal of assets
    		             1,750 7,000        -6,000 6,000 -8,000  -13,566,000  
      income before taxes and loss from equity method investments
    		             -16,103,500 -12,315,000              
      income from equity method investments
    		             -1,000  -2,615,000 -52,000            
      net income attributable to village farms international, inc.
    		             -49,329,000 -8,745,000              
      comprehensive loss
    		             -17,432 -23,525              
      loss on disposal of assets
    		                  -40,000          
      recovery of income taxes
    		               9,714,000 1,666,000   1,839,000    20,250 1,421,000    
      income from consolidated entities
    		               -34,092,000 -6,627,000            
      net income attributable to village farms international inc.
    		               -36,555,000 -6,517,000            
      adjusted ebitda
    		               -10,308,000 -6,111,000            
      basic loss per share
    		               -0.41 -0.07            
      diluted loss per share
    		               -0.41 -0.07            
      gain on settlement agreement
    		                      4,681,000      
      loss before taxes and earnings of unconsolidated entities
    		                  -6,212,000 -9,094,000         
      income from consolidated entities after income taxes
    		                  -4,431,000 -7,255,000   961,000      
      equity earnings from unconsolidated entities
    		                  -86,000 -127,000 1,306,000 350,000 3,229,000      
      net income
    		                  -4,517,000 -7,382,000 520,000 -119,000 4,190,000 -10,139,000 -5,072,000 9,889,000 7,648,000 -5,145,000 
      yoy
    		                  -207.80% -27.19% -110.25% -101.20% -45.21% 97.07%     
      qoq
    		                  -38.81% -1519.62% -536.97% -102.84% -141.33% 99.90% -151.29% 29.30% -248.65%  
      basic income per share
    		                  -0.06 -0.1 0.01  0.08 -0.21 -0.1 0.2 0.16 -0.11 
      diluted income per share
    		                  -0.06 -0.1 0.01  0.08 -0.2 -0.1 0.2 0.15 -0.11 
      comprehensive income
    		                  -2,151 -5,671 551 -64 4,063 -10,110 -5,094 9,925 7,692 -5,316 
      loss before taxes and earnings from unconsolidated entities
    		                    -450,000        
      loss from consolidated entities after income taxes
    		                    -786,000 -469,000       
      income before taxes and earnings from unconsolidated entities
    		                     -400,000 -51,000      
      benefit of (provision for) income taxes
    		                      1,012,000      
      change in biological asset
    		                       -24,250 -627,000 630,000 -100,000 -834,000 
      income from operations
    		                       -4,542,000 -5,807,000 -7,134,000 -5,224,000 -6,678,000 
      yoy
    		                       -31.99%     
      qoq
    		                       -21.78% -18.60% 36.56% -21.77%  
      share of income from joint ventures
    		                       4,484,750 -171,000 13,841,000   
      income before income taxes
    		                       3,095,750 -6,493,000 6,729,000 12,149,000 -7,620,000 
      other comprehensive income :
    		                            
      share of loss from joint ventures
    		                          -4,268,000  
      provision for (recovery of) income taxes
    		                          4,501,000  
      other comprehensive loss:
    		                            
      share of loss from joint venture
    		                           -2,381,000 
      gain on revaluation of land, net of tax
    		                            
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-06-30 2021-03-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-11-14 2019-09-30 2019-08-12 2019-05-09 
                                  
        assets
      		                            
        current assets
      		                            
        cash and cash equivalents
      		50,468,000 81,189,000 82,561,000 59,988,000 15,125,000 24,631,000 28,696,000 29,657,000 26,685,000 30,291,000 35,483,000 26,659,000 29,884,000 16,676,000 18,165,000 26,189,000 34,623,000 53,417,000 114,029,000 131,696,000 54,666,000 9,568,000 13,558,000 11,989,000 6,726,000 6,726,000 11,706,000 6,188,000 
        restricted cash
      		5,059,000 5,063,000 5,000,000 5,000,000     5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 6,810,000 6,810,000 5,250,000 9,157,000 4,091,000         
        trade receivables
      		26,643,000 23,151,000 31,351,000 27,826,000 34,954,000 33,665,000 33,185,000 39,875,000 38,826,000 30,561,000 28,541,000 29,509,000 26,796,000  32,905,000 37,119,000 35,857,000  41,303,000 33,470,000 10,498,000 13,912,000 9,602,000  9,970,000 9,970,000 13,823,000 9,789,000 
        inventories
      		44,420,000 41,519,000 34,203,000 39,476,000 51,459,000 53,137,000 60,022,000 59,029,000 74,029,000 78,472,000 77,059,000 73,733,000 75,034,000 70,582,000 74,072,000 76,588,000 79,611,000 68,677,000 48,607,000 46,851,000 15,301,000 13,123,000 15,546,000 15,918,000 16,201,000 16,201,000 17,744,000 22,888,000 
        other receivables
      		1,374,000 324,000 579,000 225,000 38,000 327,000 937,000 1,087,000 115,000 294,000 332,000 10,504,000 265,000 309,000 517,000 506,000 582,000 616,000 756,000 181,000 637,000 589,000 201,000 342,000 265,000 265,000 819,000 267,000 
        prepaid expenses and deposits
      		3,965,000 3,191,000 2,931,000 4,550,000 3,298,000 4,259,000 5,218,000 4,678,000 6,197,000 7,150,000 6,747,000 9,563,000 5,897,000 5,959,000 11,083,000 9,966,000 10,662,000 10,209,000 8,127,000 7,806,000 934,000 1,136,000 1,123,000 1,259,000 1,892,000 1,892,000 1,623,000 1,030,000 
        total current assets
      		131,929,000 154,437,000 156,625,000 137,573,000 104,874,000 116,019,000 128,066,000 134,334,000 150,852,000 151,768,000 153,164,000 156,709,000 146,215,000 132,984,000 143,211,000 159,009,000 174,983,000 174,959,000 222,000,000 224,113,000 93,430,000 49,830,000 50,499,000 54,636,000 50,158,000 50,158,000 61,746,000 56,555,000 
        non-current assets
      		                            
        property, plant and equipment
      		189,560,000 185,712,000 179,845,000 181,837,000 189,813,000 190,263,000 200,271,000 198,433,000 201,020,000 205,613,000 202,198,000 207,374,000 205,848,000 207,701,000 207,658,000 218,004,000 220,616,000 215,704,000 196,236,000 192,583,000 59,663,000 60,498,000 61,687,000 63,158,000 67,965,000 67,965,000 68,665,000 69,583,000 
        investments
      		6,276,000 6,276,000 6,279,000 6,268,000 2,656,000 2,656,000 2,656,000 2,656,000 2,656,000 2,656,000 2,109,000 2,109,000 2,109,000 2,109,000               
        goodwill
      		43,653,000 44,365,000 43,696,000 44,544,000 42,368,000 42,315,000 44,996,000 44,460,000 54,942,000 55,918,000 66,118,000 67,239,000 66,285,000 66,225,000 79,443,000 92,643,000 119,597,000 117,533,000 24,698,000 24,314,000         
        intangibles
      		22,458,000 23,647,000 23,755,000 24,980,000 24,474,000 25,105,000 27,494,000 27,869,000 30,778,000 32,275,000 34,955,000 36,532,000 36,810,000 37,157,000 36,402,000 20,956,000 26,512,000 26,394,000 17,311,000 17,317,000         
        deferred tax asset
      		611,000 694,000 719,000 802,000 918,000 1,005,000 1,201,000 4,201,000 4,201,000 4,201,000 4,201,000 4,201,000 4,201,000 4,201,000 30,238,000 28,710,000 18,682,000 16,766,000 15,869,000 13,711,000 9,693,000 8,885,000 8,377,000 7,999,000     
        right-of-use assets
      		3,821,000 4,066,000 3,587,000 3,728,000 9,213,000 9,765,000 10,978,000 11,352,000 11,944,000 12,596,000 13,069,000 12,962,000 8,662,000 9,132,000 9,587,000 7,224,000 7,195,000 7,609,000   4,111,000 4,387,000 4,889,000  3,733,000 3,733,000 3,988,000 4,276,000 
        other assets
      		2,576,000 3,899,000 3,878,000 4,012,000 2,788,000 2,178,000 2,186,000 2,049,000 2,046,000 1,962,000 1,888,000 1,976,000 5,833,000 5,776,000 2,646,000 5,637,000 6,088,000 2,581,000 2,432,000 1,830,000 1,827,000 1,779,000 1,593,000 1,834,000 1,768,000 1,768,000 1,718,000 3,968,000 
        total assets
      		400,884,000 423,096,000 418,384,000 403,744,000 377,104,000 389,306,000 417,848,000 425,354,000 458,439,000 466,989,000 477,702,000 489,102,000 475,963,000 465,285,000 511,294,000 534,292,000 575,782,000 566,911,000 487,384,000 482,566,000 243,827,000 197,941,000 193,598,000 183,408,000 188,150,000 188,150,000 197,059,000 175,701,000 
        liabilities
      		                            
        current liabilities
      		                            
        trade payables
      		9,948,000 15,747,000 9,511,000 11,203,000 15,305,000 24,499,000 18,428,000 20,117,000 19,935,000 21,753,000 19,378,000 20,551,000 18,459,000 24,894,000 25,458,000 26,634,000 23,998,000 22,597,000 19,425,000 20,785,000 9,667,000 9,849,000 9,019,000 12,653,000 9,270,000 9,270,000 9,389,000 11,208,000 
        current maturities of long-term debt
      		4,973,000 4,885,000 4,841,000 7,897,000 4,819,000 8,142,000 8,649,000 8,683,000 8,866,000 9,133,000 9,284,000 9,373,000 9,504,000 9,646,000 9,449,000 10,063,000 10,585,000 11,416,000 10,889,000 10,434,000 2,294,000 2,377,000 3,391,000 3,423,000 3,424,000 3,424,000 3,439,000 3,449,000 
        accrued sales taxes
      		7,409,000 8,695,000 11,758,000 8,834,000 8,392,000 8,740,000 13,334,000 15,785,000 21,331,000 15,941,000 14,029,000 13,211,000 13,746,000 11,594,000 14,305,000 13,876,000 9,235,000 3,899,000           
        accrued liabilities
      		17,117,000 13,419,000 10,116,000 14,343,000 15,034,000 12,208,000 12,407,000 13,299,000 12,024,000 15,076,000 15,895,000 19,384,000 14,392,000 13,064,000 14,860,000 17,561,000 15,659,000 14,168,000 28,818,000 21,077,000 6,676,000 7,037,000 3,367,000 3,017,000 6,320,000 6,320,000 6,730,000 4,299,000 
        lease liabilities - current
      		1,198,000 1,198,000 1,134,000 1,113,000 2,552,000 2,497,000 2,489,000 2,354,000 2,243,000 2,112,000 1,955,000 1,755,000 1,966,000 1,970,000 1,962,000 1,437,000 872,000 962,000       927,000 927,000 913,000  
        income tax payable
      		 12,151,000 8,538,000 5,388,000 1,673,000 51,000   47,000 28,000     972,000 985,000   1,760,000 2,827,000         
        other current liabilities
      		2,456,000 1,950,000 7,381,000 853,000 1,023,000 1,053,000 1,694,000 2,337,000 2,561,000 2,340,000 2,529,000 1,680,000 1,734,000 1,458,000 2,214,000 1,576,000 1,549,000 1,413,000 4,752,000 2,409,000         
        total current liabilities
      		43,101,000 58,586,000 56,406,000 51,820,000 54,561,000 62,219,000 62,625,000 68,198,000 72,675,000 72,156,000 68,887,000 71,775,000 65,940,000 72,215,000 78,793,000 80,852,000 73,506,000 64,313,000 66,793,000 58,690,000 23,382,000 25,044,000 20,536,000 22,029,000 23,941,000 23,941,000 25,471,000 24,757,000 
        non-current liabilities
      		                            
        long-term debt
      		30,776,000 28,769,000 29,753,000 31,206,000 34,384,000 32,420,000 34,604,000 35,736,000 37,217,000 38,925,000 39,811,000 41,615,000 42,526,000 43,821,000 44,851,000 47,621,000 49,749,000 50,419,000 54,583,000 55,869,000 27,793,000 28,354,000 28,158,000 28,966,000 29,911,000 29,911,000 30,791,000 31,611,000 
        deferred tax liability
      		17,711,000 18,494,000 20,161,000 19,800,000 19,213,000 19,940,000 23,954,000 23,582,000 23,553,000 23,730,000 18,992,000 19,138,000 19,062,000 19,756,000 18,638,000 17,193,000 21,257,000 18,657,000 18,292,000 16,793,000 2,211,000 1,728,000 1,150,000 1,873,000 210,000 210,000 2,259,000 5,814,000 
        lease liabilities - non-current
      		3,530,000 3,855,000 3,459,000 3,649,000 7,932,000 8,573,000 9,453,000 9,712,000 10,534,000 11,335,000 11,804,000 11,816,000 7,314,000 7,785,000 8,216,000 6,383,000 6,366,000 6,711,000           
        other non-current liabilities
      		1,979,000  3,240,000                          
        total liabilities
      		97,097,000 113,034,000 113,019,000 109,552,000 119,151,000 125,348,000 132,890,000 139,315,000 146,023,000 148,048,000 141,363,000 146,271,000 136,672,000 145,291,000 152,098,000 153,701,000 152,954,000 142,073,000 143,848,000 135,679,000 57,300,000 59,210,000 55,224,000 56,949,000 58,272,000 58,272,000 62,927,000 66,840,000 
        mezzanine equity
      		                            
        redeemable non-controlling interest
      		9,819,000  9,997,000 9,855,000 9,616,000  10,608,000 10,358,000 15,627,000  15,238,000 16,223,000 16,134,000  15,732,000 16,119,000 16,271,000            
        shareholders’ equity
      		                            
        common stock
      		392,898,000 392,380,000 390,893,000 387,350,000 387,349,000 387,349,000 387,349,000 386,719,000 386,719,000 386,719,000 386,719,000 386,719,000 386,719,000 372,429,000 366,561,000 365,737,000 365,737,000 365,561,000 302,497,000 301,092,000 141,310,000 105,829,000 105,656,000 98,333,000     
        additional paid in capital
      		23,382,000 29,374,000 31,886,000 30,878,000 30,749,000 30,604,000 30,338,000 30,405,000 26,016,000 25,611,000 25,635,000 24,888,000 24,232,000 13,372,000 12,389,000 11,463,000 10,333,000 9,369,000 6,748,000 9,353,000 16,892,000 5,128,000 4,880,000 4,351,000     
        accumulated other comprehensive loss
      		-12,654,000 -9,281,000 -12,406,000 -8,669,000 -18,042,000 -18,932,000 -6,951,000 -9,394,000 -7,503,000 -3,540,000 -8,187,000 -3,284,000 -7,509,000     6,696,000   -516,000 -547,000 -602,000 -475,000 -504,000 -504,000 -482,000 -518,000 
        retained earnings
      		-109,658,000 -112,575,000 -115,005,000 -125,222,000 -151,719,000 -145,016,000 -136,386,000 -132,566,000 -109,017,000 -106,165,000 -83,682,000 -82,383,000 -81,003,000 -74,367,000 -25,038,000 -16,293,000 20,262,000 26,779,000 23,959,000 28,476,000 28,841,000 28,321,000 28,440,000 24,250,000 46,331,000 46,331,000 51,403,000 41,515,000 
        total shareholders’ equity
      		293,968,000  295,368,000 284,337,000 248,337,000  274,350,000 275,681,000 296,789,000  321,101,000 326,608,000 323,157,000  343,464,000 364,472,000 406,557,000 408,405,000 343,536,000 346,887,000 186,527,000 138,731,000 138,374,000 126,459,000 129,878,000 129,878,000 134,132,000 108,861,000 
        total liabilities, mezzanine equity and shareholders’ equity
      		400,884,000 423,096,000 418,384,000 403,744,000 377,104,000 389,306,000 417,848,000 425,354,000 458,439,000 466,989,000 477,702,000 489,102,000 475,963,000 465,285,000 511,294,000 534,292,000 575,782,000 566,911,000           
        current assets of discontinued operations
      		   508,000                         
        non-current assets of discontinued operations
      		                            
        line of credit
      		    5,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 7,529,000 7,650,000 6,892,000 9,880,000 7,760,000   3,000,000 4,000,000 4,000,000 2,000,000 4,000,000 4,000,000 5,000,000 5,000,000 
        accrued loyalty program
      		 541,000 519,000 574,000 763,000 1,029,000 1,624,000 1,623,000 1,668,000 1,773,000 1,817,000 1,821,000 2,139,000 2,060,000 1,923,000 1,828,000 1,728,000 2,098,000           
        current liabilities of discontinued operations
      		  2,608,000 1,615,000                         
        other liabilities
      		 3,330,000  3,077,000 3,061,000 2,196,000 2,254,000 2,087,000 2,044,000 1,902,000 1,869,000 1,927,000 1,830,000 1,714,000 1,600,000 1,652,000 2,076,000 1,973,000 1,895,000 1,769,000 1,437,000 1,322,000 1,103,000 1,357,000 1,237,000 1,237,000 1,205,000 1,134,000 
        non-current liabilities of discontinued operations
      		                            
        commitments and contingencies
      		                            
        redeemable non-controlling interests
      		 10,164,000    9,953,000    15,667,000    16,164,000    16,433,000           
        total shareholders' equity
      		 299,898,000    254,005,000    303,274,000    303,830,000               
        total village farms international, inc. shareholders' equity
      		     254,005,000    302,625,000    303,063,000               
        non-controlling interest
      		       517,000 574,000 649,000 616,000 668,000 718,000 767,000 767,000              
        income tax receivable
      		      8,000 8,000   2,000 1,741,000 3,339,000 6,900,000 1,469,000 1,831,000 3,631,000 2,430,000 21,000 18,000 440,000 841,000 231,000 713,000     
        total village farms international, inc. shareholders’ equity
      		      274,350,000 275,164,000 296,215,000  320,485,000 325,940,000 322,439,000  342,697,000              
        trade receivables, less allowance for doubtful accounts of 0 and 39, respectively
      		             27,558,000               
        note receivable - joint venture
      		                3,207,000 3,256,000 3,344,000 3,423,000         
        accumulated other comprehensive income
      		             -8,371,000 -11,215,000 3,565,000 10,225,000  10,332,000 7,966,000         
        investment in minority interests
      		              2,109,000 2,109,000 2,109,000 2,109,000 2,227,000 1,726,000         
        trade receivables, less allowance for doubtful accounts of 39 and 13, respectively
      		                 34,360,000           
        note payable
      		                            
        operating right-of-use assets
      		                  3,267,000 3,549,000    3,485,000     
        finance right-of-use assets
      		                       97,000     
        operating lease liabilities - current
      		                  1,134,000 1,137,000 1,711,000 1,741,000 718,000 875,000     
        finance lease liabilities - current
      		                  15,000 21,000 34,000 40,000 41,000 61,000     
        operating lease liabilities - non-current
      		                  2,284,000 2,554,000 2,465,000 2,746,000 4,238,000      
        finance lease liabilities - non-current
      		                  1,000 4,000 12,000 16,000 39,000      
        total liabilities and shareholders’ equity
      		                  487,384,000 482,566,000 243,827,000 197,941,000 193,598,000 183,408,000 188,150,000 188,150,000 197,059,000 175,701,000 
        amounts due from joint ventures
      		                    10,954,000 10,661,000 10,238,000  10,690,000 10,690,000 10,602,000 11,223,000 
        investment in joint ventures
      		                    63,164,000 61,721,000 55,607,000 41,334,000 55,026,000 55,026,000 55,197,000 41,319,000 
        investment in in minority interests
      		                    1,226,000        
        notes receivable - joint ventures
      		                    10,713,000 10,841,000 10,946,000      
        trade receivables, less allowance for doubtful accounts of 5 and 50, respectively
      		                       8,997,000     
        amounts due from joint venture
      		                       15,418,000     
        note receivable - joint ventures
      		                       10,865,000     
        operating lease liabilities - long term
      		                       2,690,000     
        finance lease liabilities - long term
      		                       34,000     
        biological asset
      		                        4,414,000 4,414,000 5,429,000 5,170,000 
        due from joint ventures
      		                        9,500,000 9,500,000 5,745,000  
        lease liabilities
      		                        2,973,000 2,973,000 3,201,000 3,524,000 
        share capital
      		                        76,484,000 76,484,000 76,435,000 61,832,000 
        contributed surplus
      		                        4,216,000 4,216,000 3,425,000 2,681,000 
        revaluation surplus
      		                        3,351,000 3,351,000 3,351,000 3,351,000 
        lease liabilties - current
      		                           801,000 
        subsequent event
      		                            
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-06-30 2021-03-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-08-12 2019-05-09 2019-03-13 
                                   
          cash flows from operating activities:
        		                           
          income from continuing operations including non-controlling interests
        		2,729,000 2,339,000 10,816,000                         
          adjustments to reconcile net income attributable to village farms international, inc. shareholders to net cash from operating activities of continuing operations:
        		                           
          depreciation and amortization
        		4,303,000 3,807,000 4,162,000 3,437,000 4,973,000 4,331,000 5,109,000 4,840,000 4,558,000 4,200,000 3,997,000 3,743,000 3,986,000 1,993,000 4,729,000 3,204,000 3,128,000 3,311,000 3,225,000 1,519,000 1,491,000 1,530,000 1,779,000 1,821,000 1,840,000 1,926,000 7,027,000 
          amortization of deferred charges
        		72,000 37,000 32,000   0 0 0 10,000 34,000 34,000 34,000 34,000 43,000 45,000 60,000 66,000 88,000 78,000 19,000 19,000 19,000      
          interest expense
        		523,000 542,000 646,000 810,000 706,000 759,000 784,000 905,000 917,000 977,000 988,000 1,411,000 1,133,000 914,000 982,000 665,000 683,000 598,000 741,000 299,000 437,000 537,000 460,000 697,000 714,000 743,000 2,407,000 
          interest paid on long-term debt
        		-394,000 -564,000 -602,000 -819,000 -794,000 -1,075,000 -956,000 -1,110,000 -1,062,000 -1,055,000 -1,008,000 -1,126,000 -1,511,000 -431,000 -1,134,000 -1,108,000 -747,000 -1,058,000 -851,000 -300,000 -480,000 -538,000 -1,180,000 -392,000 -505,000 -558,000 -2,417,000 
          unrealized foreign exchange loss
        		71,000 69,000 31,000 -136,000 49,000 90,000 -29,000 42,000 130,000 -28,000 65,000                 
          loss on disposal of assets
        		118,000         6,000   4,000 0      0 0 6,000      
          non-cash lease expense
        		244,000 211,000 121,000 87,000 532,000 718,000 476,000 577,000 631,000 488,000 708,000   -1,379,000 746,000 145,000 -116,000 -126,000 -128,000 -308,000        
          share-based compensation
        		376,000 459,000 1,014,000 123,000 145,000 271,000 875,000 2,196,000 405,000 -24,000 747,000 656,000 1,732,000 983,000 926,000 1,114,000 964,000 1,887,000 1,998,000 472,000 328,000 529,000 1,524,000 869,000 912,000 1,409,000 1,454,000 
          deferred income taxes
        		-415,000 -1,941,000 802,000 -272,000 -663,000 -2,123,000 -205,000 259,000 330,000 2,298,000 2,140,000 342,000 -734,000 29,501,000 -3,536,000 -14,072,000 -2,062,000 -661,000 -2,538,000 79,000 68,000 -468,000 -5,015,000 -1,178,000 -3,554,000 3,892,000 -2,906,000 
          changes in non-cash working capital items
        		-24,390,000 6,226,000 7,423,000 10,416,000 -4,209,000 -4,864,000 -1,020,000 9,612,000 -3,290,000 -637,000 5,895,000 -5,962,000 -1,384,000 -13,867,000 2,557,000 14,155,000 -5,091,000 -536,000 -9,703,000 977,000 1,736,000 2,225,000 869,000 4,902,000 1,850,000 -2,377,000 -3,551,000 
          net cash from operating activities from continuing operations
        		-16,763,000 11,402,000 24,445,000                         
          cash flows from investing activities:
        		                           
          purchases of property, plant and equipment
        		-9,227,000 -11,102,000 -1,828,000 -2,750,000 -2,539,000 -1,936,000 -3,268,000 -3,003,000 -1,876,000 -2,160,000 -1,810,000 -1,472,000 -1,076,000 -1,423,000 -2,637,000 -4,969,000 -5,263,000 -6,649,000 -4,706,000        -3,093,000 
          other investing activities
        		                           
          net cash from investing activities from continuing operations
        		-9,227,000 -11,497,000 -1,828,000                         
          cash flows from financing activities:
        		                           
          proceeds from borrowings
        		3,589,000    1,000,000         3,321,000 0 1,880,000 2,120,000 51,000 4,176,000 0 1,000,000 2,000,000 1,000,000 0 0 3,000,000 7,000,000 
          repayments on borrowings
        		-1,208,000 -20,548,000 -2,058,000 -3,170,000 -1,384,000 -1,408,000 -1,431,000 -1,428,000 -1,442,000 -1,423,000 -1,452,000 -1,618,000 -4,788,000 -3,447,000 228,000 -5,507,000 -983,000 -1,803,000 -4,223,000 -1,674,000 -1,777,000 -875,000 -3,832,000 -1,882,000 -871,000 -838,000 -7,706,000 
          share repurchases
        		-6,368,000                           
          proceeds from exercise of warrants and options
        		469,000                           
          other financing activities
        		-186,000 -3,000 -111,000                         
          net cash from financing activities from continuing operations
        		-3,704,000  1,375,000                         
          discontinued operations
        		                           
          net cash from operating activities from discontinued operations
        		 -2,523,000 953,000                         
          net cash from investing activities from discontinued operations
        		 0 0                         
          net cash from financing activities from discontinued operations
        		 0 0                         
          net cash flows from discontinued operations
        		 -2,523,000 953,000                         
          effect of exchange rate changes on cash and cash equivalents
        		-1,031,000 4,049,000 -2,372,000 382,000 93,000 -1,055,000 255,000 -203,000 -238,000 429,000 34,000 609,000 -678,000 83,000 -726,000 -152,000 96,000 324,000 178,000 0 1,000 -2,000      
          net increase in cash, cash equivalents and restricted cash
        		-30,725,000 -1,309,000 22,573,000   -4,065,000 -961,000 -2,028,000 -3,606,000 -5,192,000 8,824,000 -3,225,000 13,208,000               
          cash, cash equivalents and restricted cash, beginning of period
        		86,252,000 0 0 0 24,631,000 0 0 0 35,291,000 0 0 0 21,676,000               
          cash, cash equivalents and restricted cash, end of period
        		55,527,000 -1,309,000 22,573,000 49,863,000 15,125,000 -4,065,000 -961,000 -2,028,000 31,685,000 -5,192,000 8,824,000 -3,225,000 34,884,000               
          adjustments to reconcile loss including non-controlling interests to net cash from operating activities:
        		                           
          goodwill and intangible asset impairments
        		     0 0                     
          inventory and other impairments
        		                           
          purchases of intangibles
        		     -78,000 0                     
          equity investment
        		                           
          repayment of note receivable
        		         0 0                 
          purchase of non-controlling interest
        		     0                      
          proceeds from issuance of common stock and warrants
        		         0 0 0 24,772,000 5,868,000    0 135,000,000         
          issuance costs
        		         0 0 0 -1,437,000     0 -7,511,000 -3,156,000 -30,000 -633,000      
          proceeds from exercise of warrants and stock options
        		                           
          net cash from (provided by) financing activities from continuing operations
        		                           
          supplemental disclosure of non-cash activities:
        		                           
          non-cash - investing and financing activities
        		                           
          operating lease right-of-use assets
        		         0 770,000                 
          operating lease liabilities
        		         0 770,000 4,812,000 -4,000               
          supplemental cash flow information
        		                           
          income taxes paid
        		                      329,000    290,000 
          adjustments to reconcile net loss attributable to village farms international, inc. shareholders to net cash from operating activities of continuing operations:
        		                           
          loss including non-controlling interests
        		    -7,115,000                       
          adjustments to reconcile net loss attributable to village farms international, inc. shareholders to net cash from operating activities:
        		                           
          net cash from operating activities
        		    -6,376,000 412,000 4,284,000 5,702,000 -50,000 -1,490,000 12,052,000 -1,579,000 -3,668,000 -6,673,000 -4,195,000 616,000 -9,637,000 -774,000 -14,436,000   -535,000 -9,266,000 2,541,000 -3,033,000 -4,629,000 -2,261,000 
          capital expenditures
        		    -2,539,000 -1,936,000 -3,268,000 -3,003,000 -1,876,000 -2,160,000 -1,810,000 -1,472,000 -1,076,000 -1,423,000 -2,637,000 -4,969,000 -5,263,000 -6,649,000 -4,706,000   -259,000 0 -1,155,000 -1,099,000 3,000 -3,093,000 
          free cash flows
        		    -8,915,000 -1,524,000 1,016,000 2,699,000 -1,926,000 -3,650,000 10,242,000 -3,051,000 -4,744,000 -8,096,000 -6,832,000 -4,353,000 -14,900,000 -7,423,000 -19,142,000   -794,000 -9,266,000 1,386,000 -4,132,000 -4,626,000 -5,354,000 
          issuance of note receivable
        		    -300,000                       
          net cash from investing activities
        		    -2,839,000 -2,014,000 -3,268,000 -3,083,000 -1,876,000 -2,708,000 -1,810,000 -637,000 -1,076,000 -1,423,000 -5,795,000 -4,976,000 -8,705,000 -7,157,000 -5,211,000 -1,858,000 -5,968,000 -6,322,000 -5,005,000 -5,006,000 -4,298,000 -2,529,000 -13,490,000 
          net cash from financing activities
        		    -384,000 -1,408,000 -2,232,000 -4,444,000 -1,442,000 -1,423,000 -1,452,000 -1,618,000 18,630,000 6,524,000 882,000 -3,922,000 1,012,000 -4,994,000 129,577,000 45,087,000 -703,000 8,428,000 19,627,000 -2,515,000 12,849,000 1,426,000 20,582,000 
          net decrease in cash, cash equivalents and restricted cash
        		    -9,506,000                       
          share of loss from joint venture
        		                          -2,381,000 
          write-off of joint venture loan
        		              0             
          acquisitions
        		             -1,180,000              
          proceeds from exercise of stock options
        		         0 0 0 83,000 0 0 16,000 176,000 61,000 125,000 129,000   99,000 35,000 40,000 34,000 283,000 
          supplemental cash flow information:
        		                           
          net loss attributable to village farms international, inc. shareholders
        		      -820,000 -23,549,000 -2,852,000 -22,483,000 -1,299,000                 
          net income attributable to non-controlling interest
        		                           
          net gain attributable to non-controlling interest
        		                           
          net loss attributable to non-controlling interest
        		        173,000  46,000 39,000 -79,000 432,000              
          interest income
        		          -262,000 -283,000 -196,000 -78,000 -19,000 0 -110,000 -46,000 -3,000 -101,000 -93,000 -383,000 -385,000 -304,000 -211,000 -136,000  
          impairments
        		             13,500,000 0             
          inventory impairment
        		                           
          other
        		                           
          advances to joint ventures
        		                 -7,000 -5,000 -8,000        
          proceeds from exercise of warrants
        		                 832,000 17,663,000    0 0    
          share re-purchases
        		                           
          payments on capital lease obligations
        		              -170,000 -311,000 -301,000 -155,000 -155,000 -12,000 -18,000 -21,000  -214,000 -211,000 -212,000 -71,000 
          payment of note payable related to acquisition
        		                 0 -15,498,000         
          shares issued for acquisitions
        		                           
          share of loss from joint ventures
        		              0 2,615,000 52,000 86,000 127,000      -13,842,000 -4,268,000  
          non-cash - investing and financing activities:
        		                           
          adjustments to reconcile net loss net loss attributable to village farms international, inc. shareholders
        		                           
          to net cash from operating activities:
        		                           
          non-cash investing and financing activities:
        		                           
          net loss
        		            -6,636,000  -8,745,000 -36,555,000 -6,517,000           
          adjustments to reconcile net loss to net cash from operating activities:
        		                           
          unrealized foreign exchange gain/loss
        		            -13,000  -38,000 2,000 113,000           
          note receivable
        		                -3,442,000           
          net income attributable to village farms international, inc. shareholders
        		                           
          adjustments to reconcile net income to net cash from operating activities:
        		                           
          write-off of note receivable
        		                           
          gain on settlement agreement
        		                   0 0 -4,681,000      
          gain on acquisition of pure sunfarms
        		                           
          interest paid on finance lease
        		                           
          investment in minority interests
        		                 -501,000 -500,000         
          investment in joint ventures
        		                   0 -5,650,000 -6,063,000  -16,000 -35,000 -281,000  
          notes receivable
        		             1,180,000 1,535,000             
          net increase in cash and cash equivalents
        		              -9,834,000 -8,434,000 -17,234,000 -12,601,000 110,108,000   1,569,000      
          cash and cash equivalents, beginning of period
        		              0 0 58,667,000 0 25,679,000 0 0 11,989,000  0 0 11,920,000  
          cash and cash equivalents, end of period
        		              -9,834,000 -8,434,000 41,433,000 -12,601,000 135,787,000 45,098,000 -3,990,000 13,558,000  -4,980,000 5,518,000 6,188,000  
          shares issued for acquisition
        		                           
          loss on joint venture loans
        		                           
          purchases of property, plant and equipment, net of rebate
        		                   -624,000 -193,000 -259,000  -1,155,000 -1,099,000 3,000  
          proceeds from sale of assets
        		                           
          proceeds from issuance of common stock
        		                   38,431,000 0 7,957,000     23,493,000 
          note payable paid to emerald health
        		                           
          net income
        		                 -4,517,000 -7,382,000 520,000 -119,000 4,190,000 -10,139,000 -5,072,000 9,888,000 7,648,000 -5,145,000 
          share of income from joint ventures
        		                   -1,306,000 -350,000 -3,229,000      
          interest paid on finance leases
        		                   -1,000 -1,000 -1,000      
          net cash from (used) in operating activities
        		                   1,869,000        
          proceeds from sale of asset
        		                       -8,000 0 60,000  
          net decrease in cash and cash equivalents
        		                       -4,980,000 5,518,000 -5,732,000  
          lease payments
        		                     -271,000      
          loss on write-off of investment in joint venture
        		                           
          investment in joint venture
        		                           
          notes receivable loaned to joint ventures
        		                           
          proceeds from sale of land
        		                          65,000 
          payments lease obligations
        		                           
          increase in cash and cash equivalents
        		                          4,829,000 
          cash and cash equivalents, beginning of year
        		                          7,091,000 
          cash and cash equivalents, end of year
        		                          11,920,000 
          supplemental disclosure of non-cash information:
        		                           
          purchases of capital expenditures by financing capital lease
        		                           
          issuance of warrants
        		                           
          gain on disposal of assets
        		                       8,000 0 -13,566,000  
          change in biological asset
        		                       627,000 -630,000 100,000 834,000 
          note receivables to joint ventures
        		                       -3,827,000 -3,164,000 -2,311,000  
          proceeds from issuance of common stock pursuant to public offering
        		                       -62,000    
          cash flows used in operating activities:
        		                           
          share of
        		                           
          cash flows used in investing activities:
        		                           
          note receivable to joint venture
        		                          -10,462,000