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Side-by-side financial comparison of Alector, Inc. (ALEC) and Village Farms International, Inc. (VFF). Click either name above to swap in a different company.

Village Farms International, Inc. is the larger business by last-quarter revenue ($12.2M vs $6.2M, roughly 2.0× Alector, Inc.). On growth, Village Farms International, Inc. posted the faster year-over-year revenue change (31.5% vs -88.5%).

Alector, Inc. is a clinical-stage biopharmaceutical company focused on developing innovative immunotherapies for neurodegenerative diseases. Its product pipeline targets unmet medical needs including Alzheimer’s disease, frontotemporal dementia, and Parkinson’s disease, and it collaborates with global pharmaceutical partners to advance candidate therapies through clinical trials.

Grafton Village Cheese Company is a cheesemaker in the town of Grafton in the U.S. state of Vermont. The company produces hand-crafted aged cheddar cheese.

ALEC vs VFF — Head-to-Head

Bigger by revenue
VFF
VFF
2.0× larger
VFF
$12.2M
$6.2M
ALEC
Growing faster (revenue YoY)
VFF
VFF
+120.0% gap
VFF
31.5%
-88.5%
ALEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALEC
ALEC
VFF
VFF
Revenue
$6.2M
$12.2M
Net Profit
$2.4M
Gross Margin
Operating Margin
Net Margin
19.9%
Revenue YoY
-88.5%
31.5%
Net Profit YoY
-1696.9%
128.2%
EPS (diluted)
$0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALEC
ALEC
VFF
VFF
Q4 25
$6.2M
$12.2M
Q3 25
$3.3M
$66.7M
Q2 25
$7.9M
$59.9M
Q1 25
$3.7M
$77.1M
Q4 24
$54.2M
Q3 24
$15.3M
$54.9M
Q2 24
$15.1M
$53.6M
Q1 24
$15.9M
$78.1M
Net Profit
ALEC
ALEC
VFF
VFF
Q4 25
$2.4M
Q3 25
$-34.7M
$10.2M
Q2 25
$-30.5M
$26.5M
Q1 25
$-40.5M
$-6.7M
Q4 24
$-2.1M
Q3 24
$-42.2M
$-820.0K
Q2 24
$-38.7M
$-23.5M
Q1 24
$-36.1M
$-2.9M
Gross Margin
ALEC
ALEC
VFF
VFF
Q4 25
Q3 25
47.9%
Q2 25
37.3%
Q1 25
14.7%
Q4 24
Q3 24
24.8%
Q2 24
25.4%
Q1 24
19.9%
Operating Margin
ALEC
ALEC
VFF
VFF
Q4 25
Q3 25
-1153.6%
23.3%
Q2 25
-433.6%
20.8%
Q1 25
-1216.5%
-8.0%
Q4 24
-13.4%
Q3 24
-315.7%
3.8%
Q2 24
-302.4%
-43.5%
Q1 24
-275.0%
-3.0%
Net Margin
ALEC
ALEC
VFF
VFF
Q4 25
19.9%
Q3 25
-1063.4%
15.3%
Q2 25
-387.7%
44.2%
Q1 25
-1101.6%
-8.7%
Q4 24
-3.8%
Q3 24
-275.2%
-1.5%
Q2 24
-256.4%
-43.9%
Q1 24
-227.0%
-3.7%
EPS (diluted)
ALEC
ALEC
VFF
VFF
Q4 25
$0.01
Q3 25
$-0.34
$0.08
Q2 25
$-0.30
$0.24
Q1 25
$-0.41
$-0.06
Q4 24
$-0.02
Q3 24
$-0.43
$-0.01
Q2 24
$-0.40
$-0.21
Q1 24
$-0.38
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALEC
ALEC
VFF
VFF
Cash + ST InvestmentsLiquidity on hand
$256.0M
$81.2M
Total DebtLower is stronger
$10.0M
$33.7M
Stockholders' EquityBook value
$30.6M
$299.9M
Total Assets
$293.2M
$423.1M
Debt / EquityLower = less leverage
0.33×
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALEC
ALEC
VFF
VFF
Q4 25
$256.0M
$81.2M
Q3 25
$291.1M
$82.6M
Q2 25
$307.3M
$60.0M
Q1 25
$354.6M
$15.1M
Q4 24
$413.4M
Q3 24
$457.2M
$28.7M
Q2 24
$503.3M
$29.7M
Q1 24
$562.1M
$26.7M
Total Debt
ALEC
ALEC
VFF
VFF
Q4 25
$10.0M
$33.7M
Q3 25
$34.6M
Q2 25
$39.1M
Q1 25
$39.2M
Q4 24
$10.0M
Q3 24
$43.3M
Q2 24
$44.4M
Q1 24
$46.1M
Stockholders' Equity
ALEC
ALEC
VFF
VFF
Q4 25
$30.6M
$299.9M
Q3 25
$57.7M
$295.4M
Q2 25
$71.2M
$284.3M
Q1 25
$94.6M
$248.3M
Q4 24
$126.8M
Q3 24
$118.9M
$274.4M
Q2 24
$150.6M
$275.2M
Q1 24
$178.9M
$296.2M
Total Assets
ALEC
ALEC
VFF
VFF
Q4 25
$293.2M
$423.1M
Q3 25
$335.3M
$418.4M
Q2 25
$356.4M
$403.7M
Q1 25
$408.3M
$377.1M
Q4 24
$468.3M
Q3 24
$516.0M
$417.8M
Q2 24
$570.7M
$425.4M
Q1 24
$635.5M
$458.4M
Debt / Equity
ALEC
ALEC
VFF
VFF
Q4 25
0.33×
0.11×
Q3 25
0.12×
Q2 25
0.14×
Q1 25
0.16×
Q4 24
0.08×
Q3 24
0.16×
Q2 24
0.16×
Q1 24
0.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALEC
ALEC
VFF
VFF
Operating Cash FlowLast quarter
$-184.0M
Free Cash FlowOCF − Capex
$-184.1M
FCF MarginFCF / Revenue
-2951.3%
Capex IntensityCapex / Revenue
0.7%
90.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-326.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALEC
ALEC
VFF
VFF
Q4 25
$-184.0M
Q3 25
$-32.5M
$24.4M
Q2 25
$-49.0M
Q1 25
$-60.8M
$-6.4M
Q4 24
$-55.0M
Q3 24
$-50.7M
$4.3M
Q2 24
$-62.8M
$5.7M
Q1 24
$-61.3M
$-50.0K
Free Cash Flow
ALEC
ALEC
VFF
VFF
Q4 25
$-184.1M
Q3 25
$-32.5M
$22.6M
Q2 25
$-49.1M
Q1 25
$-60.8M
$-8.9M
Q4 24
$-55.2M
Q3 24
$-50.9M
$1.5M
Q2 24
$-63.1M
$4.8M
Q1 24
$-61.9M
$-1.9M
FCF Margin
ALEC
ALEC
VFF
VFF
Q4 25
-2951.3%
Q3 25
-997.6%
33.9%
Q2 25
-623.0%
Q1 25
-1655.0%
-11.6%
Q4 24
-101.8%
Q3 24
-332.1%
2.7%
Q2 24
-418.6%
9.0%
Q1 24
-389.3%
-2.5%
Capex Intensity
ALEC
ALEC
VFF
VFF
Q4 25
0.7%
90.8%
Q3 25
0.3%
2.7%
Q2 25
0.1%
4.6%
Q1 25
0.5%
3.3%
Q4 24
0.3%
Q3 24
1.4%
5.1%
Q2 24
2.2%
1.6%
Q1 24
3.4%
2.4%
Cash Conversion
ALEC
ALEC
VFF
VFF
Q4 25
Q3 25
2.39×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALEC
ALEC

Segment breakdown not available.

VFF
VFF

International Sales$8.7M71%
Cannabis United States Segment$3.4M27%

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