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Above Food Ingredients Inc. Common Stock (ABVE) 10-Year Financial Performance & Capital Metrics

ABVE • • Industrial / General
Consumer DefensivePackaged FoodsIngredients & Food ProcessingAgricultural Processing & Commodities
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%
  • ROE -
  • ROIC -29.69% -112.9%
  • Debt/Equity -
  • Interest Coverage -5.49 +25.6%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 95 (top 5%)
  • ✓Share count reduced 65.5% through buybacks
  • ✓Efficient asset utilization: 2.6x turnover

✗Weaknesses

  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM-23.42%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-5232.32%

EPS CAGR

10Y-
5Y-
3Y-
TTM-34248.82%

ROCE

10Y Avg-127.75%
5Y Avg-127.75%
3Y Avg-169.23%
Latest-438.29%

Peer Comparison

Agricultural Processing & Commodities
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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TTM Growth
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Momentum & Returns
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Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
BTOGBIT ORIGIN Ltd10.19M0.12-0.03-53.87%-6.68%-313.89%5.68
ABVEAbove Food Ingredients Inc. Common Stock102.38M2.00-0.32-7.07%-24.6%-80.94%3.42%
COOTAustralian Oilseeds Holdings Limited Ordinary Shares22.6M0.81-1.1116.27%-66.01%-481.29%19.90
FAMIFarmmi, Inc.7.24M1.32-2-41.89%-2.87%-2.25%0.09
NCRANocera, Inc.12.69M0.88-4.91-28.86%-24.59%-71.02%0.01

Profit & Loss

Dec 2020Jan 2022Jan 2023Jan 2024
Sales/Revenue+0198.86M396.46M368.42M
Revenue Growth %--0.99%-0.07%
Cost of Goods Sold+0190.95M397.74M374.32M
COGS % of Revenue-0.96%1%1.02%
Gross Profit+07.91M-1.28M-5.9M
Gross Margin %-0.04%-0%-0.02%
Gross Profit Growth %---1.16%-3.61%
Operating Expenses+1.02K11.93M38.4M36.2M
OpEx % of Revenue-0.06%0.1%0.1%
Selling, General & Admin1.02K10.83M27.64M30.35M
SG&A % of Revenue-0.05%0.07%0.08%
Research & Development0235.09K430.67K171.85K
R&D % of Revenue-0%0%0%
Other Operating Expenses0862.42K10.33M5.68M
Operating Income+-1.02K-4.02M-39.68M-42.1M
Operating Margin %--0.02%-0.1%-0.11%
Operating Income Growth %--3930.55%-8.88%-0.06%
EBITDA+-1.02K-2.65M-36.72M-38.49M
EBITDA Margin %--0.01%-0.09%-0.1%
EBITDA Growth %--2593.23%-12.86%-0.05%
D&A (Non-Cash Add-back)01.37M2.96M3.61M
EBIT0-3.79M-39.39M-41.85M
Net Interest Income+0-2.15M-5.3M-7.81M
Interest Income082.29K296.48K245.26K
Interest Expense02.09M5.38M7.67M
Other Income/Expense0-1.86M-5.32M-7.42M
Pretax Income+-1.02K-5.87M-45.01M-49.52M
Pretax Margin %--0.03%-0.11%-0.13%
Income Tax+0-95.09K477.78K3.79M
Effective Tax Rate %1%0.98%1.01%1.08%
Net Income+-1.02K-5.78M-45.48M-53.31M
Net Margin %--0.03%-0.11%-0.14%
Net Income Growth %--5640.83%-6.87%-0.17%
Net Income (Continuing)-802-5.78M-45.48M-53.31M
Discontinued Operations0000
Minority Interest0000
EPS (Diluted)+0.00-0.22-1.76-6.21
EPS Growth %---7%-2.53%
EPS (Basic)0.00-0.22-1.76-6.21
Diluted Shares Outstanding22.46M25.61M24.89M8.59M
Basic Shares Outstanding22.46M25.61M24.89M8.59M
Dividend Payout Ratio----

Balance Sheet

Dec 2020Jan 2022Jan 2023Jan 2024
Total Current Assets+42.08K499.71K125.42K68.44M
Cash & Short-Term Investments42.08K89.39K2.33M947
Cash Only42.08K89.39K2.33M952.28K
Short-Term Investments0000
Accounts Receivable027.18M35.71M24.7M
Days Sales Outstanding-49.8932.8724.47
Inventory050.39M47.92M26.01M
Days Inventory Outstanding-96.3343.9725.36
Other Current Assets0-77.69M-87.8M16.5M
Total Non-Current Assets+225.63K200.01M30.29M75.45M
Property, Plant & Equipment055.95M64.56M65.55M
Fixed Asset Turnover-3.55x6.14x5.62x
Goodwill02.54M0871.17K
Intangible Assets0562.07K2.94M2.45M
Long-Term Investments0200.01M30.29M5.87M
Other Non-Current Assets225.63K-59.05M-67.49M711K
Total Assets+267.71K200.51M30.42M143.89M
Asset Turnover-0.99x13.03x2.56x
Asset Growth %-747.99%-0.85%3.73%
Total Current Liabilities+236.81K100.39M1.25M153.85M
Accounts Payable034.84M47.4M53.1M
Days Payables Outstanding-66.643.4951.78
Short-Term Debt83K47.05M76.5M79.09M
Deferred Revenue (Current)0588.74K1000K1000K
Other Current Liabilities153.81K8.85M-135.81M4.6M
Current Ratio0.18x0.00x0.10x0.44x
Quick Ratio0.18x-0.50x-38.37x0.28x
Cash Conversion Cycle-79.6233.35-1.95
Total Non-Current Liabilities+0185.76K37.1M36.3M
Long-Term Debt01.03M577.52K186.1K
Capital Lease Obligations034.88M36.53M35.86M
Deferred Tax Liabilities078.68K0247.07K
Other Non-Current Liabilities0185.76K00
Total Liabilities236.81K652.18K1.31M190.15M
Total Debt+83K84.65M115.61M117.51M
Net Debt40.92K84.56M113.28M116.55M
Debt / Equity2.69x0.42x3.97x-
Debt / EBITDA----
Net Debt / EBITDA----
Interest Coverage--1.93x-7.38x-5.49x
Total Equity+30.9K199.86M29.11M-46.26M
Equity Growth %-6467.55%-0.85%-2.59%
Book Value per Share0.007.801.17-5.38
Total Shareholders' Equity30.9K32.18M29.11M-46.26M
Common Stock642722775781
Retained Earnings-1.02K-5.08M-50.57M-103.88M
Treasury Stock0000
Accumulated OCI0047.94K167.72K
Minority Interest0000

Cash Flow

Dec 2020Jan 2022Jan 2023Jan 2024
Cash from Operations+-435-944.05K-978.98K7.15M
Operating CF Margin %--0%-0%0.02%
Operating CF Growth %--2169.23%-0.04%8.3%
Net Income-1.02K-5.78M-45.48M-53.31M
Depreciation & Amortization01.37M2.96M3.61M
Stock-Based Compensation006.91M3.09M
Deferred Taxes0-95.09K-78.68K0
Other Non-Cash Items027.54M25.64M9.51M
Working Capital Changes589-23.97M9.08M44.25M
Change in Receivables0-9.71M-8.65M9.81M
Change in Inventory0-25.99M5.55M21.91M
Change in Payables0000
Cash from Investing+0-200M172.15M-4.52M
Capital Expenditures0-22.13M-2.39M-3.65M
CapEx % of Revenue-0.11%0.01%0.01%
Acquisitions----
Investments----
Other Investing0-173.84M181.07M723.8K
Cash from Financing+42.52K201M-171.17M-4.01M
Debt Issued (Net)----
Equity Issued (Net)----
Dividends Paid0000
Share Repurchases----
Other Financing42.52K172.24M-194.87M-2.16M
Net Change in Cash----
Free Cash Flow+-435-23.08M-3.7M3.5M
FCF Margin %--0.12%-0.01%0.01%
FCF Growth %--53052.7%0.84%1.95%
FCF per Share-0.00-0.90-0.150.41
FCF Conversion (FCF/Net Income)0.42x0.16x0.02x-0.13x
Interest Paid0000
Taxes Paid0000

Key Ratios

Metric2020202120222023
Return on Equity (ROE)-3.31%-5.78%-39.73%-
Return on Invested Capital (ROIC)--2.12%-13.95%-29.69%
Gross Margin-3.98%-0.32%-1.6%
Net Margin--2.91%-11.47%-14.47%
Debt / Equity2.69x0.42x3.97x-
Interest Coverage--1.93x-7.38x-5.49x
FCF Conversion0.42x0.16x0.02x-0.13x
Revenue Growth--99.37%-7.07%

Frequently Asked Questions

Growth & Financials

Above Food Ingredients Inc. Common Stock (ABVE) reported $94.7M in revenue for fiscal year 2023.

Above Food Ingredients Inc. Common Stock (ABVE) saw revenue decline by 7.1% over the past year.

Above Food Ingredients Inc. Common Stock (ABVE) reported a net loss of $23.3M for fiscal year 2023.

Dividend & Returns

Above Food Ingredients Inc. Common Stock (ABVE) had negative free cash flow of $2.5M in fiscal year 2023, likely due to heavy capital investments.

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