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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
Income Statement — Q4 2025 vs Q4 2025
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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 |
| 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 |
| 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
| Supermarket Customers | $5.7M | 85% |
| Wholesaler Customers | $1.0M | 15% |
VFF
| International Sales | $8.7M | 71% |
| Cannabis United States Segment | $3.4M | 27% |