Village Farms International, Inc. (VFF)

VFF Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	285.6	293.57	268.02	170.09	144.57
Revenue Growth (YoY)	-2.71%	9.53%	57.58%	17.65%	-3.62%
Cost of Revenue	236.18	266.08	222.84	159.13	151.91
Gross Profit	49.43	27.5	45.18	10.96	-7.35
Selling, General & Admin	65.5	72.27	53.92	19.09	16.76
Other Operating Expenses	14.02	43.3	0	-17.49	-8.85
Operating Expenses	79.52	115.56	53.92	1.6	7.91
Operating Income	-30.1	-88.07	-8.74	9.36	-15.26
Interest Expense / Income	4.51	3.24	2.84	2.06	2.61
Other Expense / Income	-7.26	5.15	1.03	-1.51	-14.33
Pretax Income	-27.35	-96.47	-12.61	8.82	-3.54
Income Tax	4.45	4.68	-3.53	-2.79	-5.87
Net Income	-31.8	-101.15	-9.08	11.61	2.33
Net Income Growth	-	-	-	399.27%	-
Shares Outstanding (Basic)	109	89	82	59	49
Shares Outstanding (Diluted)	109	89	82	61	51
Shares Change	21.99%	8.48%	33.62%	20.15%	15.38%
EPS (Basic)	-0.29	-1.13	-0.11	0.20	0.05
EPS (Diluted)	-0.29	-1.13	-0.11	0.19	0.05
EPS Growth	-	-	-	280.00%	-
Free Cash Flow	-1.2	-34.18	-61.22	2.17	-16.62
Free Cash Flow Per Share	-0.01	-0.38	-0.74	0.04	-0.34
Gross Margin	17.31%	9.37%	16.86%	6.44%	-5.08%
Operating Margin	-10.54%	-30.00%	-3.26%	5.50%	-10.55%
Profit Margin	-11.13%	-34.45%	-3.39%	6.82%	1.61%
Free Cash Flow Margin	-0.42%	-11.64%	-22.84%	1.27%	-11.50%
Effective Tax Rate	-	-	-	-31.64%	-
EBITDA	-4.67	-80.56	1.89	16.66	5.47
EBITDA Margin	-1.64%	-27.44%	0.70%	9.80%	3.79%
Depreciation & Amortization	18.17	12.66	11.66	5.79	6.4
EBIT	-22.84	-93.22	-9.77	10.87	-0.93
EBIT Margin	-8.00%	-31.75%	-3.65%	6.39%	-0.64%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).