Filing Flows › Village Farms International (VFF) › Q4 2024
Village Farms International (VFF) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 13, 2025
Village Farms International (VFF) reported revenue of $82.6M for the fourth quarter 2024 (Q4 2024), +11% from a year earlier and -1% from the quarter before. Operating margin was -13.3%, net loss $8.7M (10.5% of revenue).
Village Farms International, Q4 2024: revenue $82.6M (+11% year over year), operating margin -13.3%, net loss $8.7M, operating cash flow $412K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $82.6M | -1% | +11% |
| Operating profit | −$11.0M | — | — |
| Net earnings | −$8.7M | — | — |
| Operating cash flow | $412K | -90% | — |
What changed
Revenue was $82.6M in Q4 2024, up 11% year over year and down 1% from the previous quarter.
Gross margin was 8.9%, down 4.0 points from a year earlier. Operating costs exceeded revenue by $11.0M, an operating margin of -13.3%. Operating expenses fell 34% while revenue rose 11%. The quarter ended with a net loss of $8.7M, wider than the previous quarter's $750K loss.
Operating cash flow was $412K. Non-cash charges added back $4.3M of depreciation and amortization and $271K of share-based compensation. Working capital and other items added $4.5M. Capital expenditures of $1.9M exceeded it, leaving free cash flow of −$1.5M.
Questions
What was Village Farms International's revenue in the fourth quarter 2024?
Village Farms International (VFF) reported revenue of $82.6M for the fourth quarter 2024 (Q4 2024), +11% from a year earlier and -1% from the quarter before.
Was Village Farms International profitable in the fourth quarter 2024?
Operating loss was $11.0M (-13.3% of revenue) and net loss $8.7M.