ABVE Stock Overview

A regenerative ingredient company, produces vertically integrated supply chain products in Canada, the United States, Mexico, China, France, Turkey, and internationally. More details

ABVE fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Highly volatile share price over the past 3 months compared to the US market

Revenue has declined by 7.1% over the past year

Negative shareholders equity

Does not have a meaningful market cap ($15M)

My Notes

Capture your thoughts, links and company narrative

Above Food Ingredients Inc. Competitors

Planet Green Holdings

NYSEAM:PLAG

US$16.0m

BranchOut Food

NasdaqCM:BOF

US$13.3m

Rocky Mountain Chocolate Factory

NasdaqGM:RMCF

US$18.2m

TDH Holdings

NasdaqCM:PETZ

US$11.6m

Price History & Performance

Summary of share price highs, lows and changes for Above Food Ingredients
Historical stock prices
Current Share Price	US$0.52
52 Week High	US$13.50
52 Week Low	US$0.34
Beta	0.36
1 Month Change	-19.25%
3 Month Change	-3.70%
1 Year Change	-95.07%
3 Year Change	-94.64%
5 Year Change	n/a
Change since IPO	-94.69%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	ABVE	US Food	US Market
7D	15.6%	-4.4%	-2.4%
1Y	-95.1%	-5.2%	23.4%

Return vs Industry: ABVE underperformed the US Food industry which returned -5.2% over the past year.

Return vs Market: ABVE underperformed the US Market which returned 23.4% over the past year.

Price Volatility

Is ABVE's price volatile compared to industry and market?
ABVE volatility
ABVE Average Weekly Movement	20.8%
Food Industry Average Movement	5.0%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: ABVE's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: ABVE's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Lionel Kambeitz	abovefood.com

Above 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.

Above Food Ingredients Inc. Fundamentals Summary

How do Above Food Ingredients's earnings and revenue compare to its market cap?
ABVE fundamental statistics
Market cap	US$14.84m
Earnings (TTM)	-US$37.10m
Revenue (TTM)	US$256.37m

0.1x

P/S Ratio

-0.4x

P/E Ratio

Is ABVE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABVE income statement (TTM)
Revenue	CA$368.42m
Cost of Revenue	CA$374.80m
Gross Profit	-CA$6.37m
Other Expenses	CA$46.94m
Earnings	-CA$53.31m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-1.87
Gross Margin	-1.73%
Net Profit Margin	-14.47%
Debt/Equity Ratio	-171.4%

How did ABVE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 02:40
End of Day Share Price	2024/12/20 00:00
Earnings	2024/01/31
Annual Earnings	2024/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Above Food Ingredients Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution