---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-020070"
form_type: "8-K"
ticker: "VFF"
cik: "0001584549"
company_name: "Village Farms International, Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:23:25.962047+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Village Farms Q1: net loss $0.06/sh, revenue -8% to $64.7M; cannabis retail +40%, adj EBITDA positive

## Summary
- Net loss of $6.6M ($0.06 per share) vs $6.5M loss ($0.07) in Q1 2022; revenue down 8% to $64.7M.
- Canadian cannabis retail branded sales up 40% YoY; international export sales up 943%; adj EBITDA +95% to $3.9M.
- Fresh Produce segment adjusted EBITDA improved to negative $1.0M from negative $6.2M, third consecutive quarter of improvement.
- Pure Sunfarms credit facilities extended to February 2026 on same terms.
- CEO highlights cannabis taxation challenges; first shipment to Germany received.

## SEC filing metadata
- accession: 0000950170-23-020070
- form_type: 8-K
- ticker: VFF
- cik: 0001584549
- company_name: Village Farms International, Inc.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1584549/000095017023020070/0000950170-23-020070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1584549/000095017023020070/vff-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-020070
- JSON: https://secwatch.observer/filing/0000950170-23-020070.json
- Plain text: https://secwatch.observer/filing/0000950170-23-020070.txt

## Key facts
- Earnings Releases
  Village Farms International, Inc. reported first quarter ended March 31, 2023 results: revenue $64.7 million, net income ($6.6 million), EPS ($0.06) per share.
  - Period: first quarter ended March 31, 2023
  - Revenue: $64.7 million
  - Net income: ($6.6 million)
  - EPS: ($0.06) per share
  - Result: reported results
  source text: Quarter Financial Highlights (All comparable periods are for the first quarter of 2022 unless otherwise stated) Consolidated • Consolidated sales decreased 8% year-over-year to $64.7 million from $70.2 million; • Operating loss before tax was ($6.1 million) compared with ($8.3 million); • Consolidated net loss was ($6.6 million), or ($0.06) per share, compared with
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584549/000095017023020070/0000950170-23-020070-index.htm

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