Above Food Ingredients Inc.(ABVE)Earnings, Financials & Key Ratios
ABVE•NASDAQ
$0.11
Price updated Jul 7, 2026
AboutAbove Food Ingredients Inc., a regenerative ingredient company, produces vertically integrated supply chain products in Canada, the United States, Mexico, China, France, Turkey, and internationally. It operates through two segments: Disruptive Agriculture and Rudimentary Ingredients, and Consumer Packaged Goods. The Disruptive Agriculture and Rudimentary Ingredients segment engages in the provisioning of discrete genetics, origination, purchasing, grading, processing, and sale of regeneratively grown grain; and origination, purchase, and sale of bespoke ingredients products. The Consumer Packaged Goods segment formulates, manufactures, sells, distributes, and markets proprietary consumer product formulations in owned brands; and focuses on manufacturing and distribution for private-labeled retail owned brands. Above Food Ingredients Inc. is based in Regina, Canada.Show more
- Revenue$368M-7.1%
- EBITDA-$38M-4.8%
- Net Income-$53M-17.2%
- EPS (Diluted)-6.21-252.8%
- Gross Margin-1.6%-396.0%
- EBITDA Margin-10.45%-12.8%
- Operating Margin-11.43%-14.2%
- Net Margin-14.47%-26.1%
ABVE Price & Volume
Above Food Ingredients Inc. (ABVE) stock price & volume — 10-year historical chart
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Structural Margin Erosion Threatens Operational Solvency Risks
Investment Thesis • Updated 2024Q2
VerdictNeutral
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Imminent liquidity shortfall
Key Thesis Takeaways
- Above Food Ingredients Inc.
- faces a precarious financial outlook characterized by persistent negative gross margins and a severe liquidity shortfall that threatens its long-term viability.
- The company's inability to convert its $45.0 million in quarterly revenue into positive operating income, combined with a $115.2 million equity deficit, suggests a fundamental failure in its current business model.
- Investors should exercise extreme caution as the firm's $133.8 million debt burden significantly outweighs its $112.4 million asset base, leaving little room for operational recovery.
Verdict Logic
Negative: The company's current ratio of 0.23 and the persistent inability to generate positive free cash flow indicate an imminent risk of insolvency that outweighs any potential growth narrative.
ABVE Growth Metrics
Above Food Ingredients Inc. (ABVE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM12.98%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-12020.56%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-626.05%
Return on Capital
10 Years-127.75%
5 Years-127.75%
3 Years-169.23%
Last Year-438.29%
Peers Comparison
Key metrics vs top competitors for Above Food Ingredients Inc. (ABVE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $0.11 | $939.22K | -0.03 | -7.07% | -14.47% | — | — | |
| $13.17 | $1.19B | 12.91 | 8.98% | -7.46% | -6.15% | — | |
| $0.59 | $53.66M | -0.10 | -10.17% | -35.47% | -140.7% | — | |
| $13.15 | $563.46M | 9.13 | 25.26% | 6.1% | 14.47% | — | |
| $1.18 | $137.45M | -9.08 | 1.73% | -2.17% | -14.55% | — | |
| $0.71 | $329.22M | -0.39 | -15.61% | 92.22% | — | — |
Compare ABVE vs Peers
Above Food Ingredients Inc. (ABVE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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ABVE Frequently Asked Questions
Above Food Ingredients Inc. (ABVE) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Above Food Ingredients Inc.'s revenue?
Above Food Ingredients Inc. (ABVE) reported $139.7M in revenue for fiscal year 2023.
How fast is Above Food Ingredients Inc. growing?
Above Food Ingredients Inc. (ABVE) saw revenue decline by 7.1% over the past year.
Is ABVE profitable?
Above Food Ingredients Inc. (ABVE) reported a net loss of $40.8M for fiscal year 2023.
Dividend & Returns
What is Above Food Ingredients Inc.'s free cash flow?
Above Food Ingredients Inc. (ABVE) had negative free cash flow of $1.7M in fiscal year 2023, likely due to heavy capital investments.