Village Farms Sales Jump 12 Percent
Village Farms International (NASDAQ:VFF), a diversified greenhouse grower and international cannabis producer, reported GAAP results for Q2 2025 on August 11, 2025. The company posted GAAP earnings per share of $0.24, a sharp swing from a GAAP net loss last year to net income and a substantial GAAP EPS beat over the analyst consensus of a slight loss. GAAP revenue reached $59.9 million, also exceeding the GAAP average forecast of $56.4 million. Record GAAP net income and an increase in adjusted EBITDA margin were central themes, driven by a focused shift to higher-margin cannabis exports and the streamlining of the company's produce operations. The quarter stands out as a major turning point for Village Farms following its strategic exit from most of its legacy produce segment. Overall, the period marks a significant improvement in both financial performance and operational execution over the prior year.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Village Farms International is rooted in controlled-environment agriculture, initially building its expertise in growing greenhouse tomatoes, cucumbers, and peppers. In recent years, it has pivoted toward cannabis production in both Canada and international markets, including a presence in the growing medical and recreational sectors.
Source Fool.com
