(0.17%) 5 436.50 points
(-0.12%) 38 705 points
(0.64%) 19 621 points
(-0.29%) $78.27
(-0.79%) $3.02
(-1.26%) $2 325.10
(-3.56%) $29.19
(-2.13%) $950.30
(0.09%) $0.926
(0.24%) $10.60
(0.18%) $0.783
(2.26%) $91.00
FY/2023
Generated By Getagraph.com: 2023-12-31
Village Farms [VFF]
0.96% $ 1.050
Børs: NASDAQ Sektor: Consumer Defensive Industri: Farm Products
Village Farms International successfully navigated through the third quarter of 2023, with each of its operating segments delivering positive cash flow, and its Canadian and US cannabis businesses achieving positive adjusted EBITDA and net income. Despite facing industry-wide challenges, the company's consolidated net loss narrowed to $1.3M or $0.01 per share, backed by a solid performance in its fresh produce operations and strategic organic reinvestment in both the Canadian and international markets.
Description | Q3 2023 Results | Comparison To Q3 2022 |
---|---|---|
Consolidated Net Loss | $1.3M | Narrowed from $8.7M |
Earnings Per Share (EPS) | $0.01 | Improved from -$0.10 |
Consolidated Sales | $69.5M | Decrease of 2% |
Consolidated Adjusted EBITDA | $3.2M | Improvement of $5.4M |
Strong performance with total sales of 38.7M CAD and a positive adjusted EBITDA. Highlighted by market share gains, particularly in premium segments and successful product launches.
Balanced Health Botanicals sustained its positive trajectory, delivering net income, adjusted EBITDA, and cash flow on sales of $5M USD.
Showed significant year-over-year improvement with positive adjusted EBITDA driven by better pricing, volume increases from third-party suppliers, and operational enhancements, contributing to a net loss improvement of nearly $3.6M USD.
This financial report contains forward-looking statements within the meaning of applicable securities laws. These statements are based on current expectations and entail various risks and uncertainties. Actual results may significantly differ. Village Farms International does not undertake any obligation to update publicly or to revise any of the forward-looking statements.
© 2023 Village Farms International. All rights reserved.
Revenues FY - 2023
Revenue | Gross Profit | Operating Expenses | Interest Expense | EBITDA | Net Income | EPS |
---|---|---|---|---|---|---|
$285.60M | $49.43M | $65.50M | $4.51M | $-13 000.00 | $-31.80M | $-0.290 |
Balance FY - 2023
Net Income | Depreciation and Amortization | Stock Based Compensation | Change in Working Capital | Net Cash Provided by Operating Activities | Capital Expenditure | Free Cash Flow |
---|---|---|---|---|---|---|
$-31.80M | $16.06M | $3.11M | $-2.09M | $5.32M | $-6.52M | $-1.20M |