Village Farms International (Otc) ( (VFF) ) has released its Q1 earnings. Here is a breakdown of the information Village Farms International (Otc) presented to its investors.
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Village Farms International, Inc. is a diversified agricultural company that operates in the greenhouse produce and cannabis sectors, with operations in Canada, the United States, and the Netherlands. In its latest earnings report for the quarter ended March 31, 2025, Village Farms International reported a decline in sales and an increase in net loss compared to the same period last year. Key financial highlights include a decrease in sales to $77.1 million from $78.1 million, and a net loss attributable to shareholders of $6.7 million, compared to a loss of $2.9 million in the prior year. The company faced challenges in its cannabis segment, with branded cannabis sales declining, although international cannabis sales showed growth. Looking forward, Village Farms International is focused on regaining compliance with Nasdaq’s listing requirements and continues to explore opportunities for growth in its cannabis and produce segments.