vs
Side-by-side financial comparison of NextPlat Corp (NXPL) and Village Farms International, Inc. (VFF). Click either name above to swap in a different company.
NextPlat Corp is the larger business by last-quarter revenue ($12.8M vs $12.2M, roughly 1.0× Village Farms International, Inc.). Village Farms International, Inc. runs the higher net margin — 19.9% vs -40.2%, a 60.1% gap on every dollar of revenue. On growth, Village Farms International, Inc. posted the faster year-over-year revenue change (31.5% vs -21.1%).
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.
NXPL vs VFF — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $12.8M | $12.2M |
| Net Profit | $-5.1M | $2.4M |
| Gross Margin | 14.3% | — |
| Operating Margin | -28.9% | — |
| Net Margin | -40.2% | 19.9% |
| Revenue YoY | -21.1% | 31.5% |
| Net Profit YoY | -70.6% | 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.
| Q4 25 | $12.8M | $12.2M | ||
| Q3 25 | $13.8M | $66.7M | ||
| Q2 25 | $13.2M | $59.9M | ||
| Q1 25 | $14.5M | $77.1M | ||
| Q4 24 | $16.2M | — | ||
| Q3 24 | $15.4M | $54.9M | ||
| Q2 24 | $17.0M | $53.6M | ||
| Q1 24 | $17.5M | $78.1M |
| Q4 25 | $-5.1M | $2.4M | ||
| Q3 25 | $-2.2M | $10.2M | ||
| Q2 25 | $-1.8M | $26.5M | ||
| Q1 25 | $-1.3M | $-6.7M | ||
| Q4 24 | $-3.0M | — | ||
| Q3 24 | $-4.2M | $-820.0K | ||
| Q2 24 | $-5.3M | $-23.5M | ||
| Q1 24 | $-1.5M | $-2.9M |
| Q4 25 | 14.3% | — | ||
| Q3 25 | 19.9% | 47.9% | ||
| Q2 25 | 21.8% | 37.3% | ||
| Q1 25 | 23.8% | 14.7% | ||
| Q4 24 | 16.8% | — | ||
| Q3 24 | 23.2% | 24.8% | ||
| Q2 24 | 34.5% | 25.4% | ||
| Q1 24 | 27.8% | 19.9% |
| Q4 25 | -28.9% | — | ||
| Q3 25 | -14.5% | 23.3% | ||
| Q2 25 | -13.8% | 20.8% | ||
| Q1 25 | -10.2% | -8.0% | ||
| Q4 24 | -14.1% | — | ||
| Q3 24 | -52.1% | 3.8% | ||
| Q2 24 | -64.1% | -43.5% | ||
| Q1 24 | -10.5% | -3.0% |
| Q4 25 | -40.2% | 19.9% | ||
| Q3 25 | -15.9% | 15.3% | ||
| Q2 25 | -13.5% | 44.2% | ||
| Q1 25 | -9.2% | -8.7% | ||
| Q4 24 | -18.6% | — | ||
| Q3 24 | -27.4% | -1.5% | ||
| Q2 24 | -31.3% | -43.9% | ||
| Q1 24 | -8.5% | -3.7% |
| Q4 25 | — | $0.01 | ||
| Q3 25 | — | $0.08 | ||
| Q2 25 | — | $0.24 | ||
| Q1 25 | $-0.05 | $-0.06 | ||
| Q4 24 | — | — | ||
| Q3 24 | $-0.22 | $-0.01 | ||
| Q2 24 | — | $-0.21 | ||
| Q1 24 | $-0.08 | $-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 | $13.7M | $81.2M |
| Total DebtLower is stronger | $1.3M | $33.7M |
| Stockholders' EquityBook value | $17.3M | $299.9M |
| Total Assets | $27.5M | $423.1M |
| Debt / EquityLower = less leverage | 0.07× | 0.11× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.7M | $81.2M | ||
| Q3 25 | $13.9M | $82.6M | ||
| Q2 25 | $16.6M | $60.0M | ||
| Q1 25 | $17.7M | $15.1M | ||
| Q4 24 | $20.0M | — | ||
| Q3 24 | $20.4M | $28.7M | ||
| Q2 24 | $24.9M | $29.7M | ||
| Q1 24 | $23.5M | $26.7M |
| Q4 25 | $1.3M | $33.7M | ||
| Q3 25 | $1.2M | $34.6M | ||
| Q2 25 | $1.2M | $39.1M | ||
| Q1 25 | $1.3M | $39.2M | ||
| Q4 24 | $1.4M | — | ||
| Q3 24 | $1.5M | $43.3M | ||
| Q2 24 | $1.3M | $44.4M | ||
| Q1 24 | $1.4M | $46.1M |
| Q4 25 | $17.3M | $299.9M | ||
| Q3 25 | $21.4M | $295.4M | ||
| Q2 25 | $23.5M | $284.3M | ||
| Q1 25 | $25.3M | $248.3M | ||
| Q4 24 | $27.3M | — | ||
| Q3 24 | $22.5M | $274.4M | ||
| Q2 24 | $26.5M | $275.2M | ||
| Q1 24 | $31.2M | $296.2M |
| Q4 25 | $27.5M | $423.1M | ||
| Q3 25 | $30.0M | $418.4M | ||
| Q2 25 | $31.0M | $403.7M | ||
| Q1 25 | $35.2M | $377.1M | ||
| Q4 24 | $37.1M | — | ||
| Q3 24 | $41.1M | $417.8M | ||
| Q2 24 | $51.5M | $425.4M | ||
| Q1 24 | $65.1M | $458.4M |
| Q4 25 | 0.07× | 0.11× | ||
| Q3 25 | 0.05× | 0.12× | ||
| Q2 25 | 0.05× | 0.14× | ||
| Q1 25 | 0.05× | 0.16× | ||
| Q4 24 | 0.05× | — | ||
| Q3 24 | 0.07× | 0.16× | ||
| Q2 24 | 0.05× | 0.16× | ||
| Q1 24 | 0.04× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-302.0K | — |
| Free Cash FlowOCF − Capex | $-339.0K | — |
| FCF MarginFCF / Revenue | -2.6% | — |
| Capex IntensityCapex / Revenue | 0.3% | 90.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-302.0K | — | ||
| Q3 25 | $-2.7M | $24.4M | ||
| Q2 25 | $-1.0M | — | ||
| Q1 25 | $-2.1M | $-6.4M | ||
| Q4 24 | $-476.0K | — | ||
| Q3 24 | $-4.6M | $4.3M | ||
| Q2 24 | $2.3M | $5.7M | ||
| Q1 24 | $-2.7M | $-50.0K |
| Q4 25 | $-339.0K | — | ||
| Q3 25 | — | $22.6M | ||
| Q2 25 | $-1.1M | — | ||
| Q1 25 | $-2.1M | $-8.9M | ||
| Q4 24 | $-508.0K | — | ||
| Q3 24 | $-4.7M | $1.5M | ||
| Q2 24 | $2.2M | $4.8M | ||
| Q1 24 | $-2.7M | $-1.9M |
| Q4 25 | -2.6% | — | ||
| Q3 25 | — | 33.9% | ||
| Q2 25 | -8.0% | — | ||
| Q1 25 | -14.3% | -11.6% | ||
| Q4 24 | -3.1% | — | ||
| Q3 24 | -30.6% | 2.7% | ||
| Q2 24 | 13.2% | 9.0% | ||
| Q1 24 | -15.7% | -2.5% |
| Q4 25 | 0.3% | 90.8% | ||
| Q3 25 | 0.0% | 2.7% | ||
| Q2 25 | 0.1% | 4.6% | ||
| Q1 25 | 0.2% | 3.3% | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.6% | 5.1% | ||
| Q2 24 | 0.4% | 1.6% | ||
| Q1 24 | 0.4% | 2.4% |
| 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
NXPL
| Healthcare Operations | $9.0M | 70% |
| Ecommerce Revenue | $3.8M | 30% |
VFF
| International Sales | $8.7M | 71% |
| Cannabis United States Segment | $3.4M | 27% |
