VILLAGE FARMS INTERNATIONAL, INC.
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $53.6M | $78.1M | $-48.3M | $69.5M | $77.2M | $64.7M | $69.5M | $71.1M |
| Cost of Revenue | $40.0M | $62.6M | $-57.8M | $54.9M | $65.7M | $52.4M | $66.6M | $62.7M |
| Gross Profit | $13.6M | $15.5M | $9.5M | $14.6M | $11.5M | $12.3M | $2.9M | $8.4M |
| Gross Margin | 25.4% | 19.9% | -19.7% | 21.0% | 14.9% | 19.0% | 4.2% | 11.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $17.1M | $16.4M | $6.7M | $15.8M | $16.8M | $17.4M | $18.0M | $17.8M |
| Operating Income | $-22.4M | $-1.4M | $-17.4M | $767.0K | $1.4M | $-4.9M | $-31.4M | $-11.3M |
| Operating Margin | -41.8% | -1.8% | 36.0% | 1.1% | 1.8% | -7.7% | -45.2% | -15.9% |
| Interest Expense | $901.0K | $917.0K | $963.0K | $988.0K | $1.4M | $1.1M | $914.0K | $982.0K |
| Pretax Income | $-23.3M | $-2.4M | $-18.3M | $-2.9M | $-42.0K | $-6.1M | $-32.3M | $-12.3M |
| Income Tax Expense | $260.0K | $320.0K | $7.2M | $-1.7M | $1.3M | $634.0K | $19.2M | $-3.2M |
| Net Income | $-23.5M | $-2.9M | $-25.5M | $-1.3M | $-1.4M | $-6.6M | $-49.3M | $-8.7M |
| Net Margin | -43.9% | -3.7% | 52.8% | -1.9% | -1.8% | -10.3% | -71.0% | -12.3% |
| EPS (Basic) | $-0.21 | $-0.03 | $-0.24 | $-0.01 | $-0.01 | $-0.06 | $-0.55 | $-0.10 |
| EPS (Diluted) | $-0.21 | $-0.03 | $-0.24 | $-0.01 | $-0.01 | $-0.06 | $-0.55 | $-0.10 |
| Shares Outstanding (Basic) | 111.0M | 110.2M | 108.7M | 110.2M | 110.2M | 104.1M | 89.1M | 88.7M |
| Shares Outstanding (Diluted) | 111.0M | 110.2M | 108.7M | 110.2M | 110.2M | 104.1M | 89.1M | 88.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |