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Side-by-side financial comparison of LENDWAY, INC. (LDWY) 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 $6.7M, roughly 1.8× LENDWAY, INC.). Village Farms International, Inc. runs the higher net margin — 19.9% vs -33.8%, a 53.7% gap on every dollar of revenue. On growth, Village Farms International, Inc. posted the faster year-over-year revenue change (31.5% vs -59.8%).

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.

LDWY vs VFF — Head-to-Head

Bigger by revenue
VFF
VFF
1.8× larger
VFF
$12.2M
$6.7M
LDWY
Growing faster (revenue YoY)
VFF
VFF
+91.3% gap
VFF
31.5%
-59.8%
LDWY
Higher net margin
VFF
VFF
53.7% more per $
VFF
19.9%
-33.8%
LDWY

Income Statement — Q4 2025 vs Q4 2025

Metric
LDWY
LDWY
VFF
VFF
Revenue
$6.7M
$12.2M
Net Profit
$-2.3M
$2.4M
Gross Margin
7.2%
Operating Margin
-34.0%
Net Margin
-33.8%
19.9%
Revenue YoY
-59.8%
31.5%
Net Profit YoY
-326.2%
128.2%
EPS (diluted)
$-1.29
$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
LDWY
LDWY
VFF
VFF
Q4 25
$6.7M
$12.2M
Q3 25
$5.2M
$66.7M
Q2 25
$59.9M
Q1 25
$12.4M
$77.1M
Q4 24
$9.3M
Q3 24
$6.6M
$54.9M
Q2 24
$16.8M
$53.6M
Q1 24
$8.0M
$78.1M
Net Profit
LDWY
LDWY
VFF
VFF
Q4 25
$-2.3M
$2.4M
Q3 25
$-2.9M
$10.2M
Q2 25
$26.5M
Q1 25
$449.0K
$-6.7M
Q4 24
$-8.6M
Q3 24
$-1.1M
$-820.0K
Q2 24
$-534.0K
$-23.5M
Q1 24
$-1.2M
$-2.9M
Gross Margin
LDWY
LDWY
VFF
VFF
Q4 25
7.2%
Q3 25
-1.2%
47.9%
Q2 25
37.3%
Q1 25
31.3%
14.7%
Q4 24
32.4%
Q3 24
21.7%
24.8%
Q2 24
23.7%
25.4%
Q1 24
21.7%
19.9%
Operating Margin
LDWY
LDWY
VFF
VFF
Q4 25
-34.0%
Q3 25
-59.1%
23.3%
Q2 25
20.8%
Q1 25
11.5%
-8.0%
Q4 24
-118.3%
Q3 24
-20.4%
3.8%
Q2 24
-0.7%
-43.5%
Q1 24
-20.5%
-3.0%
Net Margin
LDWY
LDWY
VFF
VFF
Q4 25
-33.8%
19.9%
Q3 25
-55.4%
15.3%
Q2 25
44.2%
Q1 25
3.6%
-8.7%
Q4 24
-92.8%
Q3 24
-17.0%
-1.5%
Q2 24
-3.2%
-43.9%
Q1 24
-14.5%
-3.7%
EPS (diluted)
LDWY
LDWY
VFF
VFF
Q4 25
$-1.29
$0.01
Q3 25
$-1.61
$0.08
Q2 25
$0.24
Q1 25
$0.25
$-0.06
Q4 24
$-0.07
Q3 24
$-0.64
$-0.01
Q2 24
$-0.42
$-0.21
Q1 24
$-0.67
$-0.03

Balance Sheet & Financial Strength

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

Metric
LDWY
LDWY
VFF
VFF
Cash + ST InvestmentsLiquidity on hand
$81.2M
Total DebtLower is stronger
$40.4M
$33.7M
Stockholders' EquityBook value
$7.1M
$299.9M
Total Assets
$105.6M
$423.1M
Debt / EquityLower = less leverage
5.68×
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LDWY
LDWY
VFF
VFF
Q4 25
$81.2M
Q3 25
$82.6M
Q2 25
$60.0M
Q1 25
$15.1M
Q4 24
$24.6M
Q3 24
$28.7M
Q2 24
$29.7M
Q1 24
$26.7M
Total Debt
LDWY
LDWY
VFF
VFF
Q4 25
$40.4M
$33.7M
Q3 25
$39.0M
$34.6M
Q2 25
$39.1M
Q1 25
$37.1M
$39.2M
Q4 24
$40.6M
Q3 24
$34.6M
$43.3M
Q2 24
$29.6M
$44.4M
Q1 24
$34.6M
$46.1M
Stockholders' Equity
LDWY
LDWY
VFF
VFF
Q4 25
$7.1M
$299.9M
Q3 25
$9.3M
$295.4M
Q2 25
$284.3M
Q1 25
$10.3M
$248.3M
Q4 24
$254.0M
Q3 24
$12.8M
$274.4M
Q2 24
$13.8M
$275.2M
Q1 24
$14.5M
$296.2M
Total Assets
LDWY
LDWY
VFF
VFF
Q4 25
$105.6M
$423.1M
Q3 25
$105.0M
$418.4M
Q2 25
$403.7M
Q1 25
$100.5M
$377.1M
Q4 24
$389.3M
Q3 24
$102.5M
$417.8M
Q2 24
$95.9M
$425.4M
Q1 24
$106.8M
$458.4M
Debt / Equity
LDWY
LDWY
VFF
VFF
Q4 25
5.68×
0.11×
Q3 25
4.19×
0.12×
Q2 25
0.14×
Q1 25
3.59×
0.16×
Q4 24
0.16×
Q3 24
2.70×
0.16×
Q2 24
2.15×
0.16×
Q1 24
2.39×
0.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LDWY
LDWY

Supermarket Customers$5.7M85%
Wholesaler Customers$1.0M15%

VFF
VFF

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

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