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Village Farms International Inc

Consumer Defensive US VFF

1.27USD
-0.05(3.79%)

Last update at 2024-04-25T20:00:00Z

Day Range

1.271.34
LowHigh

52 Week Range

0.551.71
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -94.06600M -12.34300M 7.81M -17.31800M -7.62000M
Minority interest -0.26900M -0.04600M - - 0.00000M
Net income -98.74700M -8.81700M 11.61M -11.45200M -5.14500M
Selling general administrative 72.27M 53.92M 25.23M 21.48M 15.06M
Selling and marketing expenses -61.28500M - - - 0.50M
Gross profit 27.50M 45.18M 10.96M -7.34500M 8.88M
Reconciled depreciation 13.05M 12.71M 6.83M 7.37M 7.03M
Ebit -44.67600M -8.77300M -17.38500M -27.51700M -5.63100M
Ebitda -31.62200M 3.94M -10.56000M -20.15100M 1.40M
Depreciation and amortization 13.05M 12.71M 6.83M 7.37M 7.03M
Non operating income net other -4.83100M -1.07800M 0.62M - 0.00000M
Operating income -44.67600M -8.77300M -17.38500M -27.51700M -6.67800M
Other operating expenses 338.34M 276.76M 184.35M 173.39M 156.68M
Interest expense 3.24M 2.83M 2.06M 2.61M 2.41M
Tax provision 4.68M -3.52600M -2.79000M -5.86600M -2.47500M
Interest income 0.21M 0.13M 0.62M 1.04M 3.53M
Net interest income -3.03700M -2.70900M -1.43100M -1.57800M -2.40700M
Extraordinary items - - - - 0.00000M
Non recurring 43.30M - - - 0.00000M
Other items - - - - 0.00000M
Income tax expense 4.68M -3.52600M -2.79000M -5.86600M -2.47500M
Total revenue 293.57M 268.02M 170.09M 144.57M 150.00M
Total operating expenses 72.27M 53.92M 25.23M 21.48M 15.56M
Cost of revenue 266.07M 222.84M 159.13M 151.91M 141.12M
Total other income expense net -49.39000M -3.57000M 25.20M 10.20M 1.47M
Discontinued operations - - - - 0.00000M
Net income from continuing ops -98.74700M -8.81700M 11.61M 2.33M -5.14500M
Net income applicable to common shares -101.14600M -9.07900M 11.61M 2.33M -7.51500M
Preferred stock and other adjustments - - - - 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 465.29M 566.91M 354.03M 183.41M 159.81M
Intangible assets 37.16M 26.39M 17.31M - 0.00000M
Earning assets - - - - -
Other current assets 17.86M 15.46M 10.18M 1.26M 4.23M
Total liab 145.29M 142.07M 148.75M 56.95M 59.12M
Total stockholder equity 303.06M 408.40M 205.28M 126.46M 100.70M
Deferred long term liab 19.76M 18.66M 18.06M - 0.00000M
Other current liab 21.92M 1.41M 1.64M 3.02M 3.51M
Common stock 372.43M 365.56M 145.67M 98.33M 63.07M
Capital stock 372.43M 365.56M 145.67M 98.33M 63.07M
Retained earnings -74.36700M 26.78M 35.86M 24.25M 33.87M
Other liab 21.47M 20.63M 19.69M 3.23M 1.05M
Good will 66.22M 117.53M 24.03M - 0.00000M
Other assets 9.98M 22.60M 23.86M 20.70M 2.48M
Cash 16.68M 53.42M 21.64M 11.99M 11.92M
Cash and equivalents - - - - -
Total current liabilities 72.22M 64.31M 72.28M 22.03M 23.60M
Current deferred revenue 6.25M 20.16M 26.96M - -
Net debt 54.08M 23.85M 63.75M 26.06M 26.12M
Short term debt 19.14M 20.14M 28.61M 6.36M 5.49M
Short long term debt 7.53M 7.76M 17.31M 5.42M 5.41M
Short long term debt total 70.75M 77.27M 85.39M 38.05M 38.04M
Other stockholder equity 13.37M 9.37M 17.50M 4.35M 82.70M
Property plant equipment 207.70M 223.31M 190.85M 66.74M 72.36M
Total current assets 132.98M 174.96M 101.81M 54.64M 62.02M
Long term investments 2.11M 3.26M 1.23M 41.33M 18.49M
Net tangible assets 215.84M 264.48M 163.94M 126.46M 84.43M
Short term investments - - - - 0.00000M
Net receivables 34.77M 37.41M 23.39M 25.47M 22.50M
Long term debt 43.82M 50.42M 53.91M 28.97M 32.45M
Inventory 70.58M 68.68M 46.60M 15.92M 22.48M
Accounts payable 24.89M 22.60M 15.06M 12.65M 14.60M
Total permanent equity - - - - 0.00000M
Noncontrolling interest in consolidated entity 0.77M - - - 0.00000M
Temporary equity redeemable noncontrolling interests - - - - 0.00000M
Accumulated other comprehensive income -8.37100M 6.70M 6.25M -0.47500M 3.76M
Additional paid in capital - - - - 0.00000M
Common stock total equity 372.43M 365.56M 145.67M 98.33M 63.07M
Preferred stock total equity - - - - 0.00000M
Retained earnings total equity -74.36700M 26.78M 35.86M - 0.00000M
Treasury stock - - - - 0.00000M
Accumulated amortization - - - - 0.00000M
Non currrent assets other 5.78M 5.84M 5.50M 1.83M 1.82M
Deferred long term asset charges - - - - 0.00000M
Non current assets total 332.30M 391.95M 252.22M 128.77M 97.79M
Capital lease obligations 9.76M 7.67M 4.00M 3.66M 0.18M
Long term debt total 43.82M 50.42M 53.91M 29.00M 32.36M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -0.73400M -0.02000M -11.89000M -14.60300M -10.46200M
Change to liabilities 6.70M 6.33M -1.66500M -1.95300M 1.65M
Total cashflows from investing activities -20.89900M -63.47000M -51.23000M -16.83800M -13.49000M
Net borrowings -2.38800M 10.20M 4.26M -3.51300M -0.77700M
Total cash from financing activities 4.50M 135.88M 58.61M 31.39M 20.58M
Change to operating activities 2.33M -46.63100M 14.94M -4.14600M 0.59M
Net income -101.14600M -9.07900M 11.61M 2.33M -5.14500M
Change in cash -36.99100M 32.99M 13.69M 0.07M 4.83M
Begin period cash flow 58.67M 25.68M 11.99M 11.92M 7.09M
End period cash flow 21.68M 58.67M 25.68M 11.99M 11.92M
Total cash from operating activities -19.88900M -39.56700M 5.68M -14.38700M -2.26000M
Issuance of capital stock 6.69M 135.00M 57.21M 34.23M 23.49M
Depreciation 13.05M 12.71M 6.83M 7.37M 7.03M
Other cashflows from investing activities -5.87300M -41.81400M -36.09800M -14.50700M -10.46200M
Dividends paid - -38.36300M - - 0.00000M
Change to inventory -14.58300M -16.76100M 3.00M 9.04M -5.18000M
Change to account receivables 3.31M -9.91400M -3.19600M 2.30M -0.04600M
Sale purchase of stock 6.88M -5.00000M 54.34M 34.90M 23.77M
Other cashflows from financing activities 7.51M 69.22M 7.75M 4.67M 4.87M
Change to netincome 59.59M 3.13M -26.00500M -29.47800M -1.04000M
Capital expenditures 14.29M 21.66M 3.51M 2.29M 3.09M
Change receivables - - - - 0.00000M
Cash flows other operating 8.40M -48.73100M -12.46700M - 0.00000M
Exchange rate changes - 0.14M 0.63M - 0.00000M
Cash and cash equivalents changes -36.29200M 32.99M 13.69M - 0.00000M
Change in working capital -2.24600M -46.63100M 13.07M 5.24M -2.71600M
Stock based compensation 3.99M 7.53M 6.14M 4.71M 1.45M
Other non cash items 56.63M -1.23300M -25.50700M -28.18100M 0.03M
Free cash flow -34.18100M -61.22300M 2.17M -16.67400M -5.35300M

Fundamentals

  • Previous Close 1.32
  • Market Cap84.65M
  • Volume354070
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-8.99300M
  • Revenue TTM280.84M
  • Revenue Per Share TTM2.70
  • Gross Profit TTM 31.47M
  • Diluted EPS TTM-0.63

Peer Comparison

Sector: Consumer Defensive Industry: Farm Products

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
VFF
Village Farms International Inc
-0.05 3.79% 1.27 - 59.52 0.28 0.24 0.39 -5.3289
ADM
Archer-Daniels-Midland Company
-0.56 0.91% 61.00 10.07 10.54 0.39 1.49 0.47 7.11
TSN
Tyson Foods Inc
-0.43 0.70% 60.89 - 24.94 0.34 1.00 0.51 26.68
BG
Bunge Limited
-1.73 1.64% 104.06 7.87 8.47 0.24 1.44 0.30 5.17
MNHVF
Mowi ASA
- -% 16.90 19.37 9.03 1.64 2.33 2.08 8.19

Reports Covered

Stock Research & News

Profile

Village Farms International, Inc., together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. The company also owns and operates a power plant that generates and sells electricity, and provides thermal heat to British Columbia Hydro and Power Authority; produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; and develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications. It markets and distributes its products under the Village Farms brand name to retail supermarkets and fresh food distribution companies, as well as products produced under exclusive arrangements with other greenhouse producers. The company was formerly known as Village Farms Canada Inc. and changed its name to Village Farms International, Inc. in December 2009. Village Farms International, Inc. was founded in 1989 and is headquartered in Delta, Canada.

Village Farms International Inc

4700-80th Street, Delta, BC, Canada, V4K 3N3

Key Executives

Name Title Year Born
Mr. Michael A. DeGiglio Founder, CEO, Pres & Director 1955
Mr. Stephen C. Ruffini CFO, Exec. VP, Company Sec. & Director 1960
Mr. Mandesh Dosanjh Pres and CEO - Pure Sunfarms NA
Mr. Orville Bovenschen VP of European Bus. Devel. & Operations NA
Mr. Lofton Barnes VP Corp. HR NA
Mr. Michael Minerva Sr. VP of Grower Relations & Supply Devel. - Village Farms Fresh NA
Mr. Bret T. Wiley Sr. VP of Sales & Sales Operations - Village Farms Fresh NA
Eric Janke Exec. VP of Sales & Marketing - Village Farms Fresh NA
Ms. Ann Gillin Lefever Exec. VP of Corp. Affairs NA
Ms. Patti Smith VP & Corp. Controller NA

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