Village Farms Quarterly Revenue Grows 20% YoY As The Cannabis Company Doubles International Sales
Village Farms Quarterly Revenue Grows 20% YoY As The Cannabis Company Doubles International Sales
Village Farms International, Inc. (NASDAQ:VFF) reported its financial results Thursday for the third quarter ended Sep. 30, 2024. The British Columbia-based cannabis company disclosed revenue of $83.37 million, compared to $69.51 million in the same period a year ago.
village farms国际股（纳斯达克：VFF）周四公布了截至2024年9月30日的第三季度财务业绩。这家总部位于不列颠哥伦比亚省的大麻公司披露，营业收入为8337万美元，而去年同期为6951万美元。
"Strong performance in our fresh produce business, continued growth in Canadian cannabis and a doubling of international medicinal cannabis sales drove 20% year-over-year growth in consolidated sales, with both positive Adjusted EBITDA and cash flow from operations during the third quarter," stated Michael DeGiglio, president and CEO. "Our Canadian cannabis business continues to deliver strong growth with leading market share as we realized revenue growth in all sales channels and positive EBITDA and operating cash flow. We were once again the fastest growing producer in Canada over the last year in terms of market share and, for the first time ever, were number one in Quebec, making us the top producer in Canada's two most populus provinces."
"我们的新鲜农产品业务表现强劲，加拿大大麻业务持续增长，国际医用大麻销售翻番推动了综合销售额同比增长20％，第三季度调整后的EBITDA和经营活动现金流均呈正增长，"总裁兼首席执行官Michael DeGiglio表示。"我们的加拿大大麻业务继续实现强劲增长，在领先市场份额的同时，我们在所有销售渠道实现了收入增长，同时实现了正的EBITDA和经营活动现金流。在过去一年中，我们再次成为加拿大增长最快的生产商，首次在魁北克省名列榜首，使我们成为加拿大人口最多的两个省份中的顶尖生产商。"
Read Also: Cannabis REIT Giant IIPR Reports Q3 $39.7M Profit Despite Rent Delays In Sector
阅读更多：大麻REIT巨头IIPR报告第三季度3970万美元的利润，尽管在该行业中出现租金延迟
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Q3 Financial Highlights
Q3财务亮点
- Gross profit was $15.71 million, compared to $14.62 million in the same quarter last year.
- 毛利润为1571万美元，而去年同期为1462万美元。
- Net loss was $800,000 or $0.01 per share, compared to loss of $1.3 million or $0.01 per share in the third quarter of 2023
- Adjusted EBITDA was $5.3 million, compared to $3.25 million in the same period last year.
- Consolidated cash flow from operations was $4.3 million compared with $12.1 million in the corresponding quarter of 2023.
- 净亏损为80万美元，每股亏损0.01美元，而去年第三季度的亏损为130万美元，每股亏损0.01美元。
- 调整后的EBITDA为530万美元，而去年同期为325万美元。
- 经营活动的合并现金流为430万美元，与2023年同期的1210万美元相比。
DeGiglio added that the company continued sales increases to its German, Australian and UK partners and that its Dutch business has "the potential to become a strong contributor of profitability and cash flow generation, driven by more favorable pricing and taxes in the Dutch market compared to Canada."
DeGiglio补充说，公司继续增加对德国、澳大利亚和英国合作伙伴的销售，并表示荷兰业务“有潜力成为利润和现金流贡献强大的部分，受荷兰市场的价格和税收优惠相对加拿大更有利的推动。”
Price Action
股价变动
Village Farms shares closed Wednesday's market session 11.02% lower at 80 cents per share.
village farms股票收盘时，每股收盘价下跌11.02%，为80美分。
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Photo: Courtesy of HTWE via Shutterstock
图片：HTWE通过Shutterstock提供
