Village Farms (VFF) Revenue & Revenue Breakdown
Village Farms Revenue Highlights
Latest Revenue (Y)
$49.43M
Latest Revenue (Q)
$9.25M
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 | $9.25M | -88.16% |
| 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 $9.25M in revenue during Q2 2024, up -88.16% compared to the previous quarter, and up 14.30% 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 | 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 | $4.54M | $5.06M | $4.99M | $5.30M | $4.98M | $5.33M | $5.13M | $5.79M | $7.04M | $7.51M | $3.84M | - | - | - | - | - |
| Produce Business | $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 | - |
| Cannabis Canada Segment | $37.45M | $32.04M | $28.81M | $28.07M | $25.11M | $27.93M | $30.39M | $29.79M | $21.77M | $26.82M | $27.39M | - | - | - | - | - |
| Energy Business | - | - | - | - | - | - | - | $141.00K | $-5.00K | $144.00K | $176.00K | $74.00K | $69.00K | $98.00K | $118.00K | $150.00K |
| Cannabis Business | - | - | - | - | - | - | - | - | - | - | - | $24.76M | $17.46M | - | - | - |
Village Farms's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Cannabis Canada Segment (47.96%), Produce Business (46.23%), and Cannabis United States Segment (5.81%).
Village Farms Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BG | Bunge | $59.53B | $13.42B |
| FDP | Fresh Del Monte Produce | $4.32B | $1.14B |
| AQB | AquaBounty | $2.47B | $180.18M |
| 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 | $73.52M | $18.32M |
| VFF | Village Farms | $49.43M | $9.25M |
| ALCO | Alico | $39.85M | $13.61M |
| LOCL | Local Bounti | $27.56M | $9.44M |
| APPH | AppHarvest | $14.59M | $13.01M |
| 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 $9.25M, a -88.16% decrease from the previous quarter (Q1 2024), and a -88.02% decrease 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.