Village Farms International

Village Farms presented itself as a profitable, global cannabis supplier with roughly USD 350 million market capitalization and about USD 290 million in revenue over the last twelve months. The 4.8 million sqft campus in Delta offers significant expansion potential with only 2.2 million sqft currently in use; a D2 expansion is expected to increase Canadian capacity by about 40 tonnes per year. International revenue is approaching an annualized CAD 100 million thanks to exports to Germany, the UK, Australia, New Zealand and the Netherlands, and four additional markets are slated for 2026. The company highlights high EBITDA and gross margins, a strong balance sheet (CAD 73 million cash at the end of Q2 2026, CAD 33 million net cash) and plans moderate, cash-flow‑funded expansions, while larger moves in the U.S. depend on regulatory clarity. » Więcej na de.investing.com

Village Farms reported adjusted earnings of $0.06 per share for Q2 on revenue of $64.0 million, beating analyst estimates of $0.02 and $56.3 million. Drivers included cannabis revenue of $53.5 million, an expanded gross margin in the cannabis segment to 51%, and a 74% increase in international export sales (strong growth in Germany). Management expects completed capital expenditures to bolster free cash flow in H2 2026; the stock rose sharply in pre-market trading. » Więcej na de.investing.com

Village Farms announced a registered direct placement of 7.5 million common shares to raise roughly $15 million, after which the stock fell about 8.9% in premarket trading. Upon closing, expected around June 8, a total of 121,811,130 common shares would be outstanding, representing dilution for existing shareholders. The company said it will use the net proceeds for working capital and general corporate purposes; cash stood at $55 million at the end of Q1 2026 and A.G.P. is acting as sole placement agent. » Więcej na de.investing.com