VFF Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	226.5	215.94	195.91	163.11	293.57	268.02
Revenue Growth (YoY)	16.99%	10.22%	20.11%	-44.44%	9.53%	57.58%
Cost of Revenue	132.01	128.26	150.11	115.16	266.08	222.84
Gross Profit	94.49	87.68	45.8	47.95	27.5	45.18
Selling, General & Admin	29.73	60.29	61.75	56.71	72.27	53.92
Other Operating Expenses	0.22	0.22	12.38	14.02	43.89	-
Total Operating Expenses	29.95	60.51	74.13	70.73	116.16	53.92
Operating Income	64.76	27.17	-28.33	-22.78	-88.66	-8.74
Interest Income	1.7	1.16	0.91	1.02	0.21	0.13
Interest Expense	-2.53	-2.7	-3.37	-4.5	-3.24	-2.84
Other Non-Operating Income (Expense)	4.97	5.73	1.17	0.63	-2.37	-0.9
Total Non-Operating Income (Expense)	4.15	4.19	-1.28	-2.84	-5.41	-3.61
Pretax Income	68.77	31.36	-29.6	-25.63	-94.07	-12.34
Provision for Income Taxes	11.06	10.37	-1.66	7.45	4.68	-3.53
Net Income	42.06	32.44	-35.85	-34.8	-101.15	-9.08
Minority Interest in Earnings	-0.11	-0.34	0.21	-0.02	2.4	0.26
Earnings From Discontinued Operations	16.12	11.12	-7.7	-1.74	-	-
Net Income to Common	42.06	32.44	-35.85	-34.8	-101.15	-9.08
Shares Outstanding (Basic)	114	113	111	109	89	82
Shares Outstanding (Diluted)	122	119	111	109	89	82
Shares Change (YoY)	9.18%	6.44%	2.43%	21.99%	8.48%	33.62%
EPS (Basic)	0.38	0.29	-0.32	-0.32	-1.13	-0.11
EPS (Diluted)	0.35	0.27	-0.32	-0.32	-1.13	-0.11
Shares Outstanding	114.05	115.72	112.34	110.25	91.35	88.23
Free Cash Flow	14.43	31.51	3.18	1.71	-34.18	-61.22
Free Cash Flow Growth	-54.20%	891.03%	85.80%	-	-	-
Free Cash Flow Per Share	0.12	0.27	0.03	0.02	-0.38	-0.75
Gross Margin	41.72%	40.61%	23.38%	29.40%	9.37%	16.86%
Operating Margin	28.59%	12.58%	-14.46%	-13.97%	-30.20%	-3.26%
Profit Margin	11.40%	9.72%	-14.26%	-20.28%	-33.64%	-3.29%
FCF Margin	6.37%	14.59%	1.62%	1.05%	-11.64%	-22.84%
EBITDA	80.65	43.67	-11.59	-8.56	-75.39	4.27
EBITDA Margin	35.61%	20.22%	-5.92%	-5.25%	-25.68%	1.59%
EBIT	64.76	27.17	-28.33	-22.78	-88.66	-8.74
EBIT Margin	28.59%	12.58%	-14.46%	-13.97%	-30.20%	-3.26%
Effective Tax Rate	16.08%	33.07%	5.61%	-29.08%	-4.98%	28.57%

Updated May 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q