Village Farms (VFF) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Village Farms Revenue Highlights

Latest Revenue (Y)

$49.43M

Latest Revenue (Q)

$92.18M

Main Segment (Y)

Produce Business

Village Farms Revenue by Period

Village Farms Revenue by Year

Date	Revenue	Change
2023-12-31	$49.43M	-83.16%
2022-12-31	$293.57M	9.53%
2021-12-31	$268.02M	57.58%
2020-12-31	$170.09M	17.65%
2019-12-31	$144.57M	-3.62%
2018-12-31	$150.00M	-5.31%
2017-12-31	$158.41M	1.87%
2016-12-31	$155.50M	9.56%
2015-12-31	$141.93M	3.89%
2014-12-31	$136.62M	-0.74%
2013-12-31	$137.63M	2.76%
2012-12-31	$133.94M	-18.55%
2011-12-31	$164.45M	13.59%
2010-12-31	$144.77M	10.91%
2009-12-31	$130.52M	-1.93%
2008-12-31	$133.10M	17.01%
2007-12-31	$113.75M	38.13%
2006-12-31	$82.36M	53.07%
2005-12-31	$53.80M	24.14%
2004-12-31	$43.34M	-

Village Farms generated $49.43M in revenue during NA 2023, up -83.16% compared to the previous quarter, and up 32.95% compared to the same period a year ago.

Village Farms Revenue by Quarter

Date	Revenue	Change
2024-06-30	$92.18M	18.07%
2024-03-31	$78.08M	5.19%
2023-12-31	$74.22M	407.66%
2023-09-30	$14.62M	-81.06%
2023-06-30	$77.21M	19.42%
2023-03-31	$64.66M	-6.91%
2022-12-31	$69.46M	-2.25%
2022-09-30	$71.06M	-14.29%
2022-06-30	$82.90M	18.17%
2022-03-31	$70.16M	-3.64%
2021-12-31	$72.81M	0.51%
2021-09-30	$72.44M	2.94%
2021-06-30	$70.37M	34.31%
2021-03-31	$52.40M	10.62%
2020-12-31	$47.36M	10.05%
2020-09-30	$43.04M	-9.53%
2020-06-30	$47.57M	48.15%
2020-03-31	$32.11M	-2.86%
2019-12-31	$33.06M	-13.68%
2019-09-30	$38.29M	-7.35%
2019-06-30	$41.33M	29.60%
2019-03-31	$31.89M	-17.78%
2018-12-31	$38.79M	-2.26%
2018-09-30	$39.68M	-5.60%
2018-06-30	$42.04M	42.55%
2018-03-31	$29.49M	-20.00%
2017-12-31	$36.86M	-17.59%
2017-09-30	$44.73M	-1.75%
2017-06-30	$45.53M	45.57%
2017-03-31	$31.28M	-16.17%
2016-12-31	$37.31M	-11.27%
2016-09-30	$42.05M	-5.39%
2016-06-30	$44.44M	40.16%
2016-03-31	$31.71M	-9.72%
2015-12-31	$35.12M	-7.22%
2015-09-30	$37.85M	-8.14%
2015-06-30	$41.21M	48.52%
2015-03-31	$27.75M	-20.19%
2014-12-31	$34.77M	-4.95%
2014-09-30	$36.58M	-11.36%
2014-06-30	$41.27M	71.92%
2014-03-31	$24.00M	-24.37%
2013-12-31	$31.74M	-19.94%
2013-09-30	$39.65M	-2.99%
2013-06-30	$40.87M	60.98%
2013-03-31	$25.39M	-16.92%
2012-12-31	$30.56M	-14.44%
2012-09-30	$35.71M	-9.55%
2012-06-30	$39.48M	40.05%
2012-03-31	$28.19M	-18.86%
2011-12-31	$34.74M	-20.52%
2011-09-30	$43.72M	-18.52%
2011-06-30	$53.65M	65.89%
2011-03-31	$32.34M	2.01%
2010-12-31	$31.70M	-10.66%
2010-09-30	$35.49M	-23.64%
2010-06-30	$46.48M	49.43%
2010-03-31	$31.10M	-7.43%
2009-12-31	$33.60M	2.71%
2009-09-30	$32.71M	-23.52%
2009-06-30	$42.77M	99.47%
2009-03-31	$21.44M	-29.51%
2008-12-31	$30.42M	1.05%
2008-09-30	$30.11M	-31.66%
2008-06-30	$44.05M	54.47%
2008-03-31	$28.52M	-10.76%
2007-12-31	$31.96M	-

Village Farms generated $92.18M in revenue during Q2 2024, up 18.07% compared to the previous quarter, and up 142.57% compared to the same period a year ago.

Village Farms Revenue Breakdown

Village Farms Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Cannabis United States Segment	$20.33M	$23.30M	$11.35M	-	-
Produce Business	$151.24M	$160.25M	$159.78M	$156.89M	$120.75M
Cannabis Canada Segment	$114.03M	$109.88M	$96.43M	-	-
Energy Business	-	$136.00K	$463.00K	$417.00K	$1.15M
Cannabis Business	-	-	-	$12.78M	-

Village Farms's latest annual revenue breakdown by segment (product or service), as of Dec 23: Produce Business (52.96%), Cannabis Canada Segment (39.93%), and Cannabis United States Segment (7.12%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20
Cannabis United States Segment	$3.94M	$4.54M	$5.06M	$4.99M	$5.30M	$4.98M	$5.33M	$5.13M	$5.79M	$7.04M	$7.51M	$3.84M	-	-	-	-	-
Produce Business	$42.77M	$36.09M	$37.12M	$35.71M	$43.85M	$34.57M	$36.20M	$35.53M	$47.18M	$41.35M	$38.34M	$41.03M	$45.54M	$34.87M	$40.28M	$29.32M	-
Energy Business	$192.00K	-	-	$141.00K	$-5.00K	$144.00K	$176.00K	$74.00K	$69.00K	$98.00K	$118.00K	$150.00K	-	-	-	-	-
Cannabis Canada Segment	$36.46M	$37.45M	$32.04M	$28.81M	$28.07M	$25.11M	$27.93M	$30.39M	$29.79M	$21.77M	$26.82M	$27.39M	-	-	-	-	-
Cannabis Business	-	-	-	-	-	-	-	-	-	-	-	-	$24.76M	$17.46M	-	-	-

Village Farms's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Produce Business (51.30%), Cannabis Canada Segment (43.74%), Cannabis United States Segment (4.73%), and Energy Business (0.23%).

Village Farms Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
BG	Bunge	$59.53B	$12.91B
FDP	Fresh Del Monte Produce	$4.32B	$1.02B
AQB	AquaBounty	$2.47B	$47.81M
LND	BrasilAgro - Companhia Brasileira de Propriedades Agrícolas	$1.35B	$121.04M
AGRO	Adecoagro	$1.30B	$160.78M
AFRI	Forafric Global	$305.48M	$79.93M
LMNR	Limoneira Company	$179.90M	$63.30M
SANW	S&W Seed Company	$60.44M	$8.31M
VFF	Village Farms	$49.43M	$92.18M
ALCO	Alico	$46.64M	$13.61M
LOCL	Local Bounti	$27.56M	$10.24M
AGRI	AgriFORCE Growing Systems	$16.28K	-

VFF Revenue FAQ

What is Village Farms’s yearly revenue?

Village Farms's yearly revenue for 2023 was $49.43M, representing a decrease of -83.16% compared to 2022. The company's yearly revenue for 2022 was $293.57M, representing an increase of 9.53% compared to 2021. VFF's yearly revenue for 2021 was $268.02M, representing an increase of 57.58% compared to 2020.

What is Village Farms’s quarterly revenue?

Village Farms's quarterly revenue for Q2 2024 was $92.18M, a 18.07% increase from the previous quarter (Q1 2024), and a 19.39% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $78.08M, a 5.19% increase from the previous quarter (Q4 2023), and a 20.76% increase year-over-year (Q1 2023). VFF's quarterly revenue for Q4 2023 was $74.22M, a 407.66% increase from the previous quarter (Q3 2023), and a 6.86% increase year-over-year (Q4 2022).

What is Village Farms’s revenue growth rate?

Village Farms's revenue growth rate for the last 3 years (2021-2023) was -81.56%, and for the last 5 years (2019-2023) was -65.81%.

What are Village Farms’s revenue streams?

Village Farms's revenue streams in c 23 are Cannabis United States Segment, Produce Business, and Cannabis Canada Segment. Cannabis United States Segment generated $20.33M in revenue, accounting 7.12% of the company's total revenue, down -12.75% year-over-year. Produce Business generated $151.24M in revenue, accounting 52.96% of the company's total revenue, down -5.62% year-over-year. Cannabis Canada Segment generated $114.03M in revenue, accounting 39.93% of the company's total revenue, up 3.77% year-over-year.

What is Village Farms’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Village Farms was Produce Business. This segment made a revenue of $151.24M, representing 52.96% of the company's total revenue.