Village Farms International (NASDAQ:VFF) Posts Quarterly Earnings Results, Meets Estimates

Village Farms International (NASDAQ:VFF) issued its earnings results on Monday. The company reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02, FiscalAI reports. The business had revenue of $50.24 million for the quarter, compared to analysts’ expectations of $47.81 million. Village Farms International had a return on equity of 5.79% and a net margin of 12.81%.

Here are the key takeaways from Village Farms International’s conference call:

• Village Farms reported a strong Q1 with $50.2M in net sales (+27% YoY), adjusted EBITDA of $9.9M (+118% YoY) and a fourth consecutive quarter of positive net income, signaling improved profitability and margin expansion.
• International medical exports were a major driver — exports rose 171% YoY (to ~$15M) with Germany a standout market and management says demand and pricing for its EU GMP‑compliant flower remain stable after completing BC facility upgrades to become the company’s largest EU GMP‑certified campus.
• Production capacity is expanding: Delta 2 planting began with first harvest the week of May 18 (targeting an incremental ~15 MT this year and ~40 MT annual capacity by mid‑next year), while Groningen phase 2 in the Netherlands is complete but awaits final regulatory certification after a slight delay.
• Balance sheet activity included ~$56M cash (net cash position ~$20M), total debt of ~$36M, a large Canadian tax payment that caused Q1 negative operating cash flow but management expects positive operating cash flow from Q2, and active buybacks of >2M shares (~$6.4M) completing the board‑approved program.
• On U.S. rescheduling and M&A, management is optimistic about long‑term opportunity but will remain patient and selective amid regulatory uncertainty, appointing CFO Steve Ruffini to lead M&A efforts.

Village Farms International Trading Up 2.1%

NASDAQ VFF traded up $0.06 on Monday, reaching $2.63. The stock had a trading volume of 1,274,365 shares, compared to its average volume of 1,188,411. The firm has a market capitalization of $300.01 million, a price-to-earnings ratio of 9.72 and a beta of 1.34. The company has a quick ratio of 1.93, a current ratio of 2.64 and a debt-to-equity ratio of 0.11. Village Farms International has a 12-month low of $0.64 and a 12-month high of $4.99. The stock has a fifty day moving average price of $2.93 and a two-hundred day moving average price of $3.29.

Analyst Upgrades and Downgrades

Several research firms have recently commented on VFF. Zacks Research lowered shares of Village Farms International from a “hold” rating to a “strong sell” rating in a research report on Monday, March 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Village Farms International in a research report on Tuesday, January 27th. Finally, Wall Street Zen lowered shares of Village Farms International from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Village Farms International currently has an average rating of “Hold”.

Institutional Trading of Village Farms International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VFF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Village Farms International by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 737,574 shares of the company’s stock valued at $446,000 after purchasing an additional 35,913 shares during the period. Jane Street Group LLC increased its position in shares of Village Farms International by 8.9% during the second quarter. Jane Street Group LLC now owns 203,772 shares of the company’s stock worth $224,000 after acquiring an additional 16,631 shares during the period. Hilton Capital Management LLC purchased a new stake in shares of Village Farms International during the second quarter worth $94,000. Tidal Investments LLC increased its position in shares of Village Farms International by 3.3% during the second quarter. Tidal Investments LLC now owns 2,778,410 shares of the company’s stock worth $3,056,000 after acquiring an additional 87,726 shares during the period. Finally, Two Sigma Investments LP increased its position in shares of Village Farms International by 187.2% during the third quarter. Two Sigma Investments LP now owns 1,724,648 shares of the company’s stock worth $5,398,000 after acquiring an additional 1,124,085 shares during the period. Hedge funds and other institutional investors own 12.15% of the company’s stock.

Village Farms International Company Profile

Village Farms International, Inc is a North American agricultural company specializing in greenhouse cultivation of fresh produce and cannabis. Through its wholly owned operations, the company grows a variety of high-quality vegetables, including tomatoes, cucumbers and sweet peppers, using controlled-environment agriculture techniques designed to maximize yield and sustainability. Village Farms leverages advanced climate and hydroponic systems to deliver consistent year-round supply to major grocery retailers across the United States and Canada.

In its produce segment, Village Farms operates large-scale greenhouse facilities in Texas and Canada.