---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-030497"
form_type: "8-K"
ticker: "VFF"
cik: "0001584549"
company_name: "Village Farms International, Inc."
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:16:50.271233+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Village Farms Q4 2023: record sales $74.2M, net loss narrows to ($0.20)/share, Canadian cannabis +14%

## Summary
- Consolidated Q4 sales $74.2M (+7% YoY); net loss ($22.5M) or ($0.20)/share vs ($49.3M)/ ($0.54) prior year.
- Canadian Cannabis net sales $32.0M (+14% CAD); non-branded wholesale +339%, retail branded +5%.
- Consolidated adjusted EBITDA improved to ($0.7M) from ($11.8M); full-year adj EBITDA positive at $7.6M.
- U.S. Cannabis positive adj EBITDA and cash flow; Canadian Cannabis regained #2 national market share.
- International: Netherlands facility build-out started; exports to UK; production targeted Q4 2024.

## SEC filing metadata
- accession: 0000950170-24-030497
- form_type: 8-K
- ticker: VFF
- cik: 0001584549
- company_name: Village Farms International, Inc.
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1584549/000095017024030497/0000950170-24-030497-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1584549/000095017024030497/vff-20240313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-030497
- JSON: https://secwatch.observer/filing/0000950170-24-030497.json
- Plain text: https://secwatch.observer/filing/0000950170-24-030497.txt

## Key facts
- Earnings Releases
  Village Farms International, Inc. reported the fourth quarter and year ended December 31, 2023 results: revenue $74.2 million, net income ($22.5 million), or ($0.20) per share, EPS ($0.20) per share.
  - Period: the fourth quarter and year ended December 31, 2023
  - Revenue: $74.2 million
  - Net income: ($22.5 million), or ($0.20) per share
  - EPS: ($0.20) per share
  - Result: reported results
  source text: 2023 Financial Highlights (All comparable periods are for the fourth quarter of 2022 unless otherwise stated) Consolidated • Consolidated sales increased 7% year-over-year to $74.2 million from $69.5 million; • Consolidated net loss improved to ($22.5 million), or ($0.20) per share, compared with ($49.3 million), or ($0.54) per share; • Consolidated adjusted EBITDA
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584549/000095017024030497/0000950170-24-030497-index.htm

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