---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-006830"
form_type: "8-K"
ticker: "VFF"
cik: "0001584549"
company_name: "Village Farms International, Inc."
filed_at: "2023-03-09T23:59:59+00:00"
generated_at: "2026-06-18T07:02:26.423683+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Village Farms Q4 net loss $49.3M, impairment $13.5M, write-down $11.0M

## Summary
- Consolidated sales $69.5M, down 5% YoY; net loss $49.3M vs income $2.1M.
- Canadian Cannabis net sales up 13.1% constant currency; achieved #2 national market share.
- Cannabis segment adjusted EBITDA $5.0M; Fresh Produce adjusted EBITDA loss $(3.0)M.
- Recorded $13.5M impairment on Balanced Health goodwill; $11.0M inventory write-down.
- Commenced cannabis exports to Israel in Jan 2023 under 3-yr supply agreement.

## SEC filing metadata
- accession: 0000950170-23-006830
- form_type: 8-K
- ticker: VFF
- cik: 0001584549
- company_name: Village Farms International, Inc.
- filed_at: 2023-03-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1584549/000095017023006830/0000950170-23-006830-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1584549/000095017023006830/vff-20230309.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-006830
- JSON: https://secwatch.observer/filing/0000950170-23-006830.json
- Plain text: https://secwatch.observer/filing/0000950170-23-006830.txt

## Key facts
- Earnings Releases
  Village Farms International, Inc. reported the fourth quarter and year ended December 31, 2022 results: revenue $69.5 million, net income ($49.3 million), or ($0.54) per share, EPS ($0.54) per share.
  - Period: the fourth quarter and year ended December 31, 2022
  - Revenue: $69.5 million
  - Net income: ($49.3 million), or ($0.54) per share
  - EPS: ($0.54) per share
  - Result: reported results
  source text: Consolidated sales were $69.5 million, a decrease of ($3.3 million), or (5%), from $72.8 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584549/000095017023006830/0000950170-23-006830-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.