---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-055059"
form_type: "8-K"
ticker: "VFF"
cik: "0001584549"
company_name: "Village Farms International, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T10:02:01.441557+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Village Farms Q1 2024: sales +21% to $78.1M, net loss improves to ($0.03)/share, adj. EBITDA $3.6M

## Summary
- Consolidated sales $78.1M, +21% YoY; net loss ($2.9M) or ($0.03)/share vs ($6.6M) or ($0.06) prior year.
- Canadian Cannabis net sales $37.4M (C$50.5M), +49% YoY; segment adjusted EBITDA $4.1M; retail branded sales +28% organically.
- Fresh Produce profitable: sales $36.1M (+4% YoY), adjusted EBITDA $2.0M vs ($1.0M) prior year.
- Canadian Cannabis expanded #2 national market share; record share in April; #1 in Ontario and leading pre-roll category.
- Started build-out of first Netherlands indoor production facility targeting Q4 2024 start; German legalization positive for medical market.

## SEC filing metadata
- accession: 0000950170-24-055059
- form_type: 8-K
- ticker: VFF
- cik: 0001584549
- company_name: Village Farms International, Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1584549/000095017024055059/0000950170-24-055059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1584549/000095017024055059/vff-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-055059
- JSON: https://secwatch.observer/filing/0000950170-24-055059.json
- Plain text: https://secwatch.observer/filing/0000950170-24-055059.txt

## Key facts
- Earnings Releases
  Village Farms International, Inc. reported first quarter ended March 31, 2024 results: revenue Consolidated sales increased 21% year-over-year to $78.1 million from $64.7 million, net income Consolidated net loss improved to ($2.9 million), or ($0.03) per share from ($6.6 million), or ($0.06) per share, EPS ($0.03) per share.
  - Period: first quarter ended March 31, 2024
  - Revenue: Consolidated sales increased 21% year-over-year to $78.1 million from $64.7 million
  - Net income: Consolidated net loss improved to ($2.9 million), or ($0.03) per share from ($6.6 million), or ($0.06) per share
  - EPS: ($0.03) per share
  - Result: reported results
  source text: set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Village Farms International Reports Strong Q1/24 Results • Total Sales Grow 21%, Net Loss Per Share Improves to ($0.03), Adjusted EBITDA Increases Six-Fold to $3.6 Million • Canadian Cannabis Retail Net Sales Grow 28% Organically Year-Over-Year, with
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584549/000095017024055059/0000950170-24-055059-index.htm

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