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Side-by-side financial comparison of Canterbury Park Holding Corp (CPHC) and Village Farms International, Inc. (VFF). Click either name above to swap in a different company.

Canterbury Park Holding Corp is the larger business by last-quarter revenue ($12.4M vs $12.2M, roughly 1.0× Village Farms International, Inc.). Village Farms International, Inc. runs the higher net margin — 19.9% vs -3.1%, a 23.0% gap on every dollar of revenue. On growth, Village Farms International, Inc. posted the faster year-over-year revenue change (31.5% vs 3.9%).

Canterbury Park, is a horse racing track in Shakopee, Minnesota, United States. Canterbury Park Holding Corporation hosts parimutuel wagering on live thoroughbred and quarter horse racing at its facilities in Shakopee and parimutuel wagering on races held at out-of-state racetracks that are simulcast to the racetrack. In addition, the Canterbury Park Card Casino operates 24 hours a day, seven days a week, and is also regulated by the Minnesota Racing Commission. Casino games include blackjack...

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.

CPHC vs VFF — Head-to-Head

Bigger by revenue
CPHC
CPHC
1.0× larger
CPHC
$12.4M
$12.2M
VFF
Growing faster (revenue YoY)
VFF
VFF
+27.6% gap
VFF
31.5%
3.9%
CPHC
Higher net margin
VFF
VFF
23.0% more per $
VFF
19.9%
-3.1%
CPHC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CPHC
CPHC
VFF
VFF
Revenue
$12.4M
$12.2M
Net Profit
$-390.1K
$2.4M
Gross Margin
Operating Margin
2.6%
Net Margin
-3.1%
19.9%
Revenue YoY
3.9%
31.5%
Net Profit YoY
68.7%
128.2%
EPS (diluted)
$-0.08
$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
CPHC
CPHC
VFF
VFF
Q4 25
$12.4M
$12.2M
Q3 25
$18.3M
$66.7M
Q2 25
$15.7M
$59.9M
Q1 25
$13.1M
$77.1M
Q4 24
$12.0M
Q3 24
$19.3M
$54.9M
Q2 24
$16.2M
$53.6M
Q1 24
$14.1M
$78.1M
Net Profit
CPHC
CPHC
VFF
VFF
Q4 25
$-390.1K
$2.4M
Q3 25
$487.3K
$10.2M
Q2 25
$-327.4K
$26.5M
Q1 25
$-299.2K
$-6.7M
Q4 24
$-1.2M
Q3 24
$2.0M
$-820.0K
Q2 24
$338.3K
$-23.5M
Q1 24
$998.2K
$-2.9M
Gross Margin
CPHC
CPHC
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
CPHC
CPHC
VFF
VFF
Q4 25
2.6%
Q3 25
5.7%
23.3%
Q2 25
2.8%
20.8%
Q1 25
4.9%
-8.0%
Q4 24
-0.8%
Q3 24
18.9%
3.8%
Q2 24
6.9%
-43.5%
Q1 24
12.5%
-3.0%
Net Margin
CPHC
CPHC
VFF
VFF
Q4 25
-3.1%
19.9%
Q3 25
2.7%
15.3%
Q2 25
-2.1%
44.2%
Q1 25
-2.3%
-8.7%
Q4 24
-10.4%
Q3 24
10.5%
-1.5%
Q2 24
2.1%
-43.9%
Q1 24
7.1%
-3.7%
EPS (diluted)
CPHC
CPHC
VFF
VFF
Q4 25
$-0.08
$0.01
Q3 25
$0.10
$0.08
Q2 25
$-0.06
$0.24
Q1 25
$-0.06
$-0.06
Q4 24
$-0.25
Q3 24
$0.40
$-0.01
Q2 24
$0.07
$-0.21
Q1 24
$0.20
$-0.03

Balance Sheet & Financial Strength

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

Metric
CPHC
CPHC
VFF
VFF
Cash + ST InvestmentsLiquidity on hand
$17.1M
$81.2M
Total DebtLower is stronger
$33.7M
Stockholders' EquityBook value
$83.9M
$299.9M
Total Assets
$112.6M
$423.1M
Debt / EquityLower = less leverage
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CPHC
CPHC
VFF
VFF
Q4 25
$17.1M
$81.2M
Q3 25
$16.7M
$82.6M
Q2 25
$16.9M
$60.0M
Q1 25
$15.4M
$15.1M
Q4 24
$15.1M
Q3 24
$21.7M
$28.7M
Q2 24
$23.8M
$29.7M
Q1 24
$25.2M
$26.7M
Total Debt
CPHC
CPHC
VFF
VFF
Q4 25
$33.7M
Q3 25
$34.6M
Q2 25
$39.1M
Q1 25
$39.2M
Q4 24
Q3 24
$43.3M
Q2 24
$44.4M
Q1 24
$46.1M
Stockholders' Equity
CPHC
CPHC
VFF
VFF
Q4 25
$83.9M
$299.9M
Q3 25
$84.1M
$295.4M
Q2 25
$83.6M
$284.3M
Q1 25
$83.7M
$248.3M
Q4 24
$84.1M
Q3 24
$85.2M
$274.4M
Q2 24
$83.2M
$275.2M
Q1 24
$82.7M
$296.2M
Total Assets
CPHC
CPHC
VFF
VFF
Q4 25
$112.6M
$423.1M
Q3 25
$114.4M
$418.4M
Q2 25
$114.9M
$403.7M
Q1 25
$112.4M
$377.1M
Q4 24
$109.9M
Q3 24
$114.2M
$417.8M
Q2 24
$111.4M
$425.4M
Q1 24
$105.6M
$458.4M
Debt / Equity
CPHC
CPHC
VFF
VFF
Q4 25
0.11×
Q3 25
0.12×
Q2 25
0.14×
Q1 25
0.16×
Q4 24
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
CPHC
CPHC
VFF
VFF
Operating Cash FlowLast quarter
$-103.4K
Free Cash FlowOCF − Capex
$-611.3K
FCF MarginFCF / Revenue
-4.9%
Capex IntensityCapex / Revenue
4.1%
90.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$4.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CPHC
CPHC
VFF
VFF
Q4 25
$-103.4K
Q3 25
$1.2M
$24.4M
Q2 25
$4.4M
Q1 25
$3.4M
$-6.4M
Q4 24
$-2.8M
Q3 24
$2.3M
$4.3M
Q2 24
$5.4M
$5.7M
Q1 24
$1.6M
$-50.0K
Free Cash Flow
CPHC
CPHC
VFF
VFF
Q4 25
$-611.3K
Q3 25
$-395.3K
$22.6M
Q2 25
$3.2M
Q1 25
$2.5M
$-8.9M
Q4 24
$-6.7M
Q3 24
$-25
$1.5M
Q2 24
$1.8M
$4.8M
Q1 24
$-601.0K
$-1.9M
FCF Margin
CPHC
CPHC
VFF
VFF
Q4 25
-4.9%
Q3 25
-2.2%
33.9%
Q2 25
20.5%
Q1 25
19.1%
-11.6%
Q4 24
-55.9%
Q3 24
-0.0%
2.7%
Q2 24
11.1%
9.0%
Q1 24
-4.3%
-2.5%
Capex Intensity
CPHC
CPHC
VFF
VFF
Q4 25
4.1%
90.8%
Q3 25
9.0%
2.7%
Q2 25
7.5%
4.6%
Q1 25
6.5%
3.3%
Q4 24
32.6%
Q3 24
11.8%
5.1%
Q2 24
22.2%
1.6%
Q1 24
15.7%
2.4%
Cash Conversion
CPHC
CPHC
VFF
VFF
Q4 25
Q3 25
2.56×
2.39×
Q2 25
Q1 25
Q4 24
Q3 24
1.12×
Q2 24
15.95×
Q1 24
1.62×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CPHC
CPHC

Casino$9.5M76%
Other$1.9M15%
Food And Beverage$1.0M8%

VFF
VFF

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

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