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Village Farms International, Inc. (T:VFF)

Business Focus: Vegetable, Fruit & Nut Farming

Sector:  Consumer Non-Cyclicals Industry:  Fishing & Farming
See Regulatory Filings on SEDAR
Company Contact
Address: 4700 80 St
Tel: N/A
IR: See website
Key People
Michael A. DeGiglio
President, Chief Executive Officer, Director
Stephen C. Ruffini
Chief Financial Officer, Executive Vice President, Director
Mandesh Dosanjh
President, Chief Executive Officer - Pure Sunfarms
Ann Gillin Lefever
Executive Vice President - Corporate Affairs
Orville Bovenschen
Vice President - European Business Development and Operations
Derin Gemmel
Human Resources Administration and Compliance, USA
Business Overview
Financial Overview
For the three months ended 31 March 2022, Village Farms International Inc revenues increased 34% to $70.2M. Net loss decreased 12% to $6.5M. Revenues reflect Cannabis segment increase of 65% to $28.8M, Produce segment increase of 19% to $41.3M. Lower net loss reflects Share-based compensation decrease of 52% to $964K (expense), Foreign exchange gain (loss) increase from $504K (expense) to $319K (income).
Employees: 1,800 as of Dec 31, 2021
Reporting Currency: U.S. Dollars
Enterprise value: $318.26M as of Mar 31, 2022
Annual revenue (TTM): $285.78M as of Mar 31, 2022
EBITDA (TTM): $4.54M as of Mar 31, 2022
Net annual income (TTM): -$8.21M as of Mar 31, 2022
Free cash flow (TTM): -$56.98M as of Mar 31, 2022
Net Debt Last Fiscal Year: $42.83M as of Mar 31, 2022
Shares outstanding: 88,561,929 as of Apr 19, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization