Village Farms International Q1 Earnings Call Highlights

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MarketBeat

Mon, May 11, 2026 astatine 11:08 AM CDT 7 min read

Village Farms International logo

Village Farms International logo

Key Points

  • Village Farms International (NASDAQ: VFF) Stock is simply a Unique Cannabis ESG Play

Village Farms International (NASDAQ:VFF) reported higher first-quarter income and a instrumentality to profitability, with absorption pointing to maturation successful planetary aesculapian cannabis exports, continued Canadian marketplace stock and expanding accumulation capableness arsenic cardinal drivers.

Chief Executive Officer Michael DeGiglio said the 4th marked “a beardown start” to fiscal 2026, pursuing the company’s completion of its nutrient transaction past twelvemonth and its displacement to what helium described arsenic a “pure-play cannabis company.” Village Farms has realigned its reporting into a azygous Cannabis Segment, with remaining operations classified arsenic other.

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Consolidated nett income roseate 27% twelvemonth implicit twelvemonth to $50.2 cardinal for the 4th ended March 31, according to Chief Financial Officer Steve Ruffini. Net income from continuing operations was $2.7 million, oregon $0.03 per share, compared with a nett nonaccomplishment of $2.1 million, oregon a nonaccomplishment of $0.02 per share, successful the prior-year quarter. Adjusted EBITDA from continuing operations accrued 118% to $9.9 cardinal from $4.5 cardinal a twelvemonth earlier, lifting adjusted EBITDA borderline to 20% from 11.4%.

DeGiglio said the institution delivered its 4th consecutive 4th of affirmative nett income, which helium said demonstrated the “sustainable profitability” of its planetary cannabis business.

International Exports Drive Growth

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Management emphasized the company’s planetary aesculapian cannabis concern arsenic a large contributor to first-quarter results. DeGiglio said planetary export income accrued 171% twelvemonth implicit twelvemonth and 60% sequentially to a grounds of astir $15 million.

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