Village Farms International, Inc. (VFF) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -16.76M | 8.36M | 25.74M | 22.1M | -6.38M | 412K | 4.3M | 5.66M | -50K | -1.49M | 12.05M | -1.58M | -3.67M | -6.67M | -4.2M | 616K | -9.64M | -18.46M | -5.9M | -774K |
| Operating CF Margin % | -33.37% | 16.85% | 38.56% | 36.9% | -8.27% | 0.5% | 5.16% | 10.56% | -0.06% | -2.01% | 17.34% | -2.04% | -5.67% | -9.61% | -5.9% | 0.74% | -13.74% | -25.36% | -8.14% | -1.1% |
| Operating CF Growth % | -162.91% | 1929.61% | 497.98% | 290.41% | -12652% | 127.65% | -64.29% | 458.58% | 98.64% | 77.67% | 387.29% | -356.33% | 61.94% | 63.85% | 28.85% | 179.59% | 33.24% | -1209.44% | -415.46% | -128.88% |
| Net Income | 6.07M | 8.24M | 10.49M | 10.2M | -7.12M | -8.42M | -911K | -16.55M | -2.68M | -22.48M | -1.3M | -1.38M | -6.64M | -49.33M | -8.74M | -36.55M | -6.52M | 2.08M | 745K | -4.52M |
| Depreciation & Amortization | 4.3M | -12.57M | 4.19M | 3.48M | 4.97M | 4.33M | 4.58M | 4.31M | 4.56M | 4.2M | 4M | 3.78M | 3.99M | 1.99M | 4.73M | 3.26M | 3.19M | 3.35M | 2.83M | 3.4M |
| Stock-Based Compensation | 376K | -1.28M | 0 | 0 | 145K | 271K | 0 | 0 | 405K | -24K | 747K | 656K | 1.73M | 983K | 926K | 2.39M | 964K | 1.83M | 1.82M | 1.89M |
| Deferred Taxes | -415K | 133K | 817.04K | -289.07K | -663K | -2.12M | -201.83K | 254.83K | 330K | 2.3M | 2.14M | 0 | -734K | 29.5M | -3.54M | 0 | 0 | 330K | 3K | 0 |
| Other Non-Cash Items | -2.7M | 7.78M | 2.72M | -1.82M | 493K | 11.22M | -1.24M | 20.33M | 626K | 15.16M | 833K | 5.1M | -436K | 24.05M | -126K | 19.15M | 1.49M | 279K | -680K | -1.01M |
| Working Capital Changes | -24.39M | 6.06M | 7.52M | 10.53M | -4.21M | -4.86M | 2.08M | -2.69M | -3.29M | -637K | 5.63M | -9.73M | -1.58M | -13.87M | 2.56M | 12.37M | -8.77M | -26.32M | -10.61M | -536K |
| Change in Receivables | 1.12M | 3.26M | -2.76M | -668.25K | -3.58M | -3.3M | 4.73M | 472.21K | -7.1M | -2.05M | 9.97M | -1.64M | 0 | 0 | 2.75M | -870K | -3.23M | 0 | 0 | 0 |
| Change in Inventory | -3.86M | -6.8M | 4.41M | 2.04M | 1.49M | -5.62M | 4.94M | 4.67M | 3.22M | 2K | -4.4M | 3.29M | 0 | 0 | 49K | 1.22M | -10.14M | 0 | 0 | 0 |
| Change in Payables | -8.35M | 8.21M | -2.05M | 9.34M | -8.79M | 5.88M | -4.41M | -1.5M | -2.99M | 78K | -1.14M | 0 | 0 | 0 | 3.67M | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -9.23M | -11.94M | -1.96M | 36.87M | -2.84M | -2.01M | -4.09M | -6.04M | -1.88M | -2.71M | -1.81M | -637K | -1.08M | -1.42M | -5.79M | -4.98M | -8.71M | -21.27M | -29.83M | -7.16M |
| Capital Expenditures | -9.23M | 7.12M | -1.84M | -2.85M | -2.54M | -1.94M | -2.8M | -917.09K | -1.88M | -2.16M | -1.81M | -1.47M | -1.08M | -1.42M | -2.64M | -4.97M | -5.26M | -6.53M | -3.78M | -6.65M |
| CapEx % of Revenue | 18.37% | 14.34% | 2.76% | 4.75% | 3.29% | 2.35% | 3.36% | 1.71% | 2.4% | 2.91% | 2.6% | 1.91% | 1.66% | 2.05% | 3.71% | 5.99% | 7.5% | 8.96% | 5.21% | 9.45% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | -812.4K | -2.99M | 0 | -548K | 0 | 0 | 0 | -1.18M | 0 | 0 | 0 | -14.74M | -26.05M | 500K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -19.05M | -117.62K | 39.72M | -300K | -78K | -482.36K | -2.13M | 0 | 0 | 0 | 835K | 0 | 1.18M | -3.16M | -7K | -3.44M | -5K | -3K | -1.01M |
| Cash from Financing | -3.7M | -2.65M | 1.42M | -8.77M | -384K | -1.41M | -1.44M | -1.41M | -1.44M | -1.42M | -1.45M | -1.62M | 18.63M | 6.52M | 882K | -3.92M | 1.01M | 14M | -2.7M | -4.99M |
| Debt Issued (Net) | 2.38M | -1.17M | -2.08M | -4.25M | -384K | -1.41M | -1.44M | -1.41M | -1.44M | -1.42M | -1.45M | -1.62M | -4.79M | 656K | 58K | -3.94M | 836K | 14M | -1.69M | -1.91M |
| Equity Issued (Net) | -5.9M | -1.53M | 3.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24.77M | 5.87M | 824K | 0 | 0 | 0 | -1.02M | -3.98M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -6.37M | -2.98M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.02M | -3.98M |
| Other Financing | -186K | 56.57K | -99.22K | -4.51M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.35M | 0 | 0 | 16K | 176K | 0 | 13K | 893K |
| Net Change in Cash | -30.73M | -1.31M | 22.57M | 49.86M | -9.51M | -4.07M | -961K | -2.03M | -3.61M | -5.19M | 8.82M | -3.23M | 13.21M | -1.49M | -9.83M | -8.43M | -17.23M | -25.78M | -38.74M | -12.6M |
| Free Cash Flow | -25.99M | -2.67M | 23.9M | 19.26M | -8.91M | -1.6M | 1.51M | 4.82M | -1.93M | -3.65M | 10.24M | -3.05M | -4.74M | -8.1M | -6.83M | -4.35M | -14.9M | -24.99M | -9.67M | -7.42M |
| FCF Margin % | -51.73% | -5.39% | 35.81% | 32.15% | -11.57% | -1.94% | 1.81% | 9% | -2.47% | -4.92% | 14.73% | -3.95% | -7.34% | -11.66% | -9.62% | -5.25% | -21.24% | -34.32% | -13.35% | -10.55% |
| FCF Growth % | -191.53% | -66.96% | 1487.73% | 299.19% | -362.88% | 56.11% | -85.3% | 258.12% | 59.4% | 54.92% | 249.91% | 29.91% | 68.16% | 67.6% | 29.36% | 41.36% | 22.16% | -3579.82% | -876.87% | -398.47% |
| FCF per Share | -0.22 | -0.02 | 0.20 | 0.17 | -0.08 | -0.01 | 0.01 | 0.04 | -0.02 | -0.03 | 0.09 | -0.03 | -0.05 | -0.09 | -0.08 | -0.05 | -0.17 | -0.30 | -0.11 | -0.09 |
| FCF Conversion (FCF/Net Income) | -5.75x | 3.44x | 2.52x | 0.83x | 0.95x | -0.05x | -5.25x | -0.24x | 0.02x | 0.07x | -9.28x | 1.14x | 0.55x | 0.14x | 0.48x | -0.02x | 1.48x | -8.90x | -7.91x | 0.17x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.13M | 0 | 0 | 0 | 1.11M | 747K | 0 | 0 | 1.06M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |