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Side-by-side financial comparison of Bon Natural Life Ltd (BON) 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 $10.2M, roughly 1.2× Bon Natural Life Ltd). Village Farms International, Inc. runs the higher net margin — 19.9% vs -0.4%, a 20.3% gap on every dollar of revenue.

ABP OPCO, LLC, doing business as Au Bon Pain, is an American fast casual restaurant, bakery, and café chain headquartered in Richardson, Texas, which as of 2025 operated 34 locations in the United States as well as several outlets in Thailand. The company is owned by the Yum! Brands franchisee management company AMPEX Brands.

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.

BON vs VFF — Head-to-Head

Bigger by revenue
VFF
VFF
1.2× larger
VFF
$12.2M
$10.2M
BON
Higher net margin
VFF
VFF
20.3% more per $
VFF
19.9%
-0.4%
BON

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BON
BON
VFF
VFF
Revenue
$10.2M
$12.2M
Net Profit
$-41.8K
$2.4M
Gross Margin
29.1%
Operating Margin
0.8%
Net Margin
-0.4%
19.9%
Revenue YoY
31.5%
Net Profit YoY
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
BON
BON
VFF
VFF
Q4 25
$12.2M
Q3 25
$66.7M
Q2 25
$59.9M
Q1 25
$10.2M
$77.1M
Q3 24
$23.8M
$54.9M
Q2 24
$53.6M
Q1 24
$14.1M
$78.1M
Q4 23
$-48.3M
Net Profit
BON
BON
VFF
VFF
Q4 25
$2.4M
Q3 25
$10.2M
Q2 25
$26.5M
Q1 25
$-41.8K
$-6.7M
Q3 24
$398.2K
$-820.0K
Q2 24
$-23.5M
Q1 24
$-2.9M
Q4 23
$-25.5M
Gross Margin
BON
BON
VFF
VFF
Q4 25
Q3 25
47.9%
Q2 25
37.3%
Q1 25
29.1%
14.7%
Q3 24
29.8%
24.8%
Q2 24
25.4%
Q1 24
33.3%
19.9%
Q4 23
Operating Margin
BON
BON
VFF
VFF
Q4 25
Q3 25
23.3%
Q2 25
20.8%
Q1 25
0.8%
-8.0%
Q3 24
7.9%
3.8%
Q2 24
-43.5%
Q1 24
21.1%
-3.0%
Q4 23
Net Margin
BON
BON
VFF
VFF
Q4 25
19.9%
Q3 25
15.3%
Q2 25
44.2%
Q1 25
-0.4%
-8.7%
Q3 24
1.7%
-1.5%
Q2 24
-43.9%
Q1 24
-3.7%
Q4 23
52.8%
EPS (diluted)
BON
BON
VFF
VFF
Q4 25
$0.01
Q3 25
$0.08
Q2 25
$0.24
Q1 25
$-0.06
Q3 24
$4.14
$-0.01
Q2 24
$-0.21
Q1 24
$-0.03
Q4 23
$-0.24

Balance Sheet & Financial Strength

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

Metric
BON
BON
VFF
VFF
Cash + ST InvestmentsLiquidity on hand
$81.2M
Total DebtLower is stronger
$33.7M
Stockholders' EquityBook value
$44.3M
$299.9M
Total Assets
$61.8M
$423.1M
Debt / EquityLower = less leverage
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BON
BON
VFF
VFF
Q4 25
$81.2M
Q3 25
$82.6M
Q2 25
$60.0M
Q1 25
$15.1M
Q3 24
$80.5K
$28.7M
Q2 24
$29.7M
Q1 24
$26.7M
Q4 23
$30.3M
Total Debt
BON
BON
VFF
VFF
Q4 25
$33.7M
Q3 25
$34.6M
Q2 25
$39.1M
Q1 25
$39.2M
Q3 24
$1.4M
$43.3M
Q2 24
$44.4M
Q1 24
$46.1M
Q4 23
$48.1M
Stockholders' Equity
BON
BON
VFF
VFF
Q4 25
$299.9M
Q3 25
$295.4M
Q2 25
$284.3M
Q1 25
$44.3M
$248.3M
Q3 24
$43.9M
$274.4M
Q2 24
$275.2M
Q1 24
$36.0M
$296.2M
Q4 23
$299.6M
Total Assets
BON
BON
VFF
VFF
Q4 25
$423.1M
Q3 25
$418.4M
Q2 25
$403.7M
Q1 25
$61.8M
$377.1M
Q3 24
$61.8M
$417.8M
Q2 24
$425.4M
Q1 24
$46.6M
$458.4M
Q4 23
$464.0M
Debt / Equity
BON
BON
VFF
VFF
Q4 25
0.11×
Q3 25
0.12×
Q2 25
0.14×
Q1 25
0.16×
Q3 24
0.03×
0.16×
Q2 24
0.16×
Q1 24
0.16×
Q4 23
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
BON
BON
VFF
VFF
Operating Cash FlowLast quarter
$-1.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
90.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BON
BON
VFF
VFF
Q4 25
Q3 25
$24.4M
Q2 25
Q1 25
$-1.9M
$-6.4M
Q3 24
$-7.7M
$4.3M
Q2 24
$5.7M
Q1 24
$-2.2M
$-50.0K
Q4 23
$-1.5M
Free Cash Flow
BON
BON
VFF
VFF
Q4 25
Q3 25
$22.6M
Q2 25
Q1 25
$-8.9M
Q3 24
$-7.7M
$1.5M
Q2 24
$4.8M
Q1 24
$-2.2M
$-1.9M
Q4 23
$-2.2M
FCF Margin
BON
BON
VFF
VFF
Q4 25
Q3 25
33.9%
Q2 25
Q1 25
-11.6%
Q3 24
-32.4%
2.7%
Q2 24
9.0%
Q1 24
-15.5%
-2.5%
Q4 23
4.6%
Capex Intensity
BON
BON
VFF
VFF
Q4 25
90.8%
Q3 25
2.7%
Q2 25
4.6%
Q1 25
3.3%
Q3 24
0.0%
5.1%
Q2 24
1.6%
Q1 24
0.1%
2.4%
Q4 23
-1.6%
Cash Conversion
BON
BON
VFF
VFF
Q4 25
Q3 25
2.39×
Q2 25
Q1 25
Q3 24
-19.40×
Q2 24
Q1 24
Q4 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

BON
BON

Segment breakdown not available.

VFF
VFF

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

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