Above Food Ingredients Inc (ABVE) Stock

About Above Food Ingredients Inc

Above Food Ingredients Inc. operates as a regenerative ingredient company, managing a vertically integrated supply chain for its products across a global footprint, including Canada, the United States, Mexico, China, France, Turkey, and other international markets. The company's operations are structured into two distinct segments: 1. Disruptive Agriculture and Rudimentary Ingredients: This segment focuses on the entire lifecycle of regeneratively grown grains, from sourcing specialized genetics and initial procurement to grading, processing, and distribution. It also handles the acquisition and sale of custom-formulated ingredient products. 2. Consumer Packaged Goods: This segment is responsible for the development, manufacturing, distribution, and marketing of the company's proprietary branded consumer products. Furthermore, it offers manufacturing and distribution services for private-label retail brands. Above Food Ingredients Inc. is headquartered in Regina, Canada.

Above Food Ingredients Inc is led by CEO Lionel Kambeitz, employs 2 people, headquartered in CA, publicly traded since 2024.

Above Food Ingredients Inc (ABVE) stock trades at $0.10 with a market capitalization of $5.11M. The stock is valued at a negative price-to-earnings (P/E) ratio of -0.09, reflecting a net loss over the last twelve months, price-to-sales of 0.11. Over the past 52 weeks the stock has ranged between $0.00 and $6.56, and currently trades 98.5% below its 52-week high.

On profitability, Above Food Ingredients Inc generates a return on equity (ROE) of 115.22% (not meaningful, as shareholders' equity is negative), return on capital employed of 91.30%, an operating margin of -11.41%, a net profit margin of -14.47%.

Above Food Ingredients Inc by the numbers, 2020–2023

Between 2020 and 2023 Above Food Ingredients Inc reported revenue of $0 rising to $368.0M. Compounded, revenue has grown —% a year over five years, —% over three, -7.1% over the last twelve months. Net profit was $-53.0M in 2023.

The most recent net margin is -14.47%. On a trailing twelve-month basis to Sep '24, revenue is $140.0M and net profit $-41.0M.

Borrowings stand at $118.0M, cash from operations was $7.0M in the latest year, positive in 1 of the last 4.

Return on equity has averaged -19.6% over five years, and was 115.2% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Above Food Ingredients Inc (ABVE) — frequently asked questions