ABVE Chart
About

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. 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.

Fundamentals
Scroll to Statements
Sector Consumer Defensive Industry Packaged Foods Market Cap 73.31M
Enterprise Value 173.69M Income -61.29M Sales 294.84M
Book/sh -0.43 Cash/sh 0.02 Dividend Yield —
Payout 0.00% Employees — IPO —
P/E — Forward P/E — PEG —
P/S 0.25 P/B -3.31 P/C —
EV/EBITDA -4.30 EV/Sales 0.59 Quick Ratio 0.07
Current Ratio 0.23 Debt/Eq — LT Debt/Eq —
EPS (ttm) -1.76 EPS next Y — EPS Growth —
Revenue Growth -45.00% Earnings — ROA —
ROE — ROIC — Gross Margin -2.76%
Oper. Margin -23.25% Profit Margin -23.36% Shs Outstand 51.19M
Shs Float 17.21M Short Float 2.36% Short Ratio 0.59
Short Interest — 52W High 6.56 52W Low 0.25
Beta -0.06 Avg Volume 1.92M Volume 139.75K
Target Price — Recom None Prev Close $1.42
Price $1.43 Change 0.85%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.39
Latest analyst target
3. DCF / Fair value
—
Simplified FCF or EPS-based estimate
Ratings
Current target
$1.39
Low
—
High
—
Mean
—
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-01-312023-01-312022-01-31
TaxEffectOfUnusualItems0.00-16.27K-252.60
TaxRateForCalcs0.000.000.33
NormalizedEBITDA-36.03M-28.68M-2.42M
TotalUnusualItems-2.22M-7.75M-777.00
TotalUnusualItemsExcludingGoodwill-2.22M-7.75M-777.00
NetIncomeFromContinuingOperationNetMinorityInterest-53.31M-45.48M-5.78M
ReconciledDepreciation3.61M2.96M1.37M
ReconciledCostOfRevenue373.05M396.60M190.09M
EBITDA-38.25M-36.43M-2.42M
EBIT-41.85M-39.39M-3.79M
NetInterestIncome-7.81M-5.30M-2.15M
InterestExpense7.67M5.38M2.09M
InterestIncome245.26K296.48K82.29K
NormalizedIncome-51.10M-37.76M-5.78M
NetIncomeFromContinuingAndDiscontinuedOperation-53.31M-45.48M-5.78M
TotalExpenses407.92M428.18M202.73M
RentExpenseSupplemental2.49M1.07M117.67K
TotalOperatingIncomeAsReported-42.10M-39.68M-4.02M
DilutedAverageShares25.82M25.82M25.82M
BasicAverageShares25.82M25.82M25.82M
DilutedEPS-2.06-1.76-0.22
BasicEPS-2.06-1.76-0.22
DilutedNIAvailtoComStockholders-53.31M-45.48M-5.78M
NetIncomeCommonStockholders-53.31M-45.48M-5.78M
NetIncome-53.31M-45.48M-5.78M
NetIncomeIncludingNoncontrollingInterests-53.31M-45.48M-5.78M
NetIncomeContinuousOperations-53.31M-45.48M-5.78M
EarningsFromEquityInterestNetOfTax-3.79M-812.67K0.00
TaxProvision0.00-94.05K-95.09K
PretaxIncome-49.52M-44.77M-5.87M
OtherIncomeExpense-2.22M-7.75M146.96K
OtherNonOperatingIncomeExpenses147.73K
SpecialIncomeCharges-2.22M-7.75M-777.00
WriteOff409.56K879.21K777.00
ImpairmentOfCapitalAssets1.81M6.87M0.00
NetNonOperatingInterestIncomeExpense-7.81M-5.30M-2.15M
TotalOtherFinanceCost384.54K221.74K147.50K
InterestExpenseNonOperating7.67M5.38M2.09M
InterestIncomeNonOperating245.26K296.48K82.29K
OperatingIncome-39.50M-31.72M-3.87M
OperatingExpense33.60M30.44M11.78M
OtherOperatingExpenses475.81K477.85K151.91K
OtherTaxes271.90K71.17K50.41K
DepreciationAmortizationDepletionIncomeStatement2.33M1.82M511.82K
DepreciationAndAmortizationInIncomeStatement2.33M1.82M511.82K
ResearchAndDevelopment171.85K430.67K235.09K
SellingGeneralAndAdministration30.35M27.64M10.83M
SellingAndMarketingExpense742.62K1.53M551.86K
GeneralAndAdministrativeExpense29.60M26.11M10.28M
OtherGandA10.82M7.86M5.72M
InsuranceAndClaims2.17M1.55M494.79K
RentAndLandingFees2.49M1.07M117.67K
SalariesAndWages14.12M15.63M3.95M
GrossProfit-5.90M-1.28M7.91M
CostOfRevenue374.32M397.74M190.95M
TotalRevenue368.42M396.46M198.86M
OperatingRevenue368.42M396.46M198.86M
Line Item2024-01-312023-01-312022-01-31
OrdinarySharesNumber25.82M25.82M25.82M
ShareIssued25.82M25.82M25.82M
NetDebt78.32M74.75M46.02M
TotalDebt117.51M115.61M84.65M
TangibleBookValue-49.58M-307.36K29.09M
InvestedCapital33.02M79.71M80.27M
WorkingCapital-85.41M-38.66M6.03M
NetTangibleAssets-49.58M-307.36K29.09M
CapitalLeaseObligations38.23M38.53M36.57M
CommonStockEquity-46.26M2.63M32.18M
TotalCapitalization-46.07M3.21M33.22M
TotalEquityGrossMinorityInterest-46.26M2.63M32.18M
StockholdersEquity-46.26M2.63M32.18M
OtherEquityInterest11.68M11.68M11.19M
GainsLossesNotAffectingRetainedEarnings167.72K47.94K
OtherEquityAdjustments167.72K47.94K
RetainedEarnings-103.88M-50.57M-5.08M
AdditionalPaidInCapital45.78M41.47M26.08M
CapitalStock781.00775.00722.00
CommonStock781.00775.00722.00
TotalLiabilitiesNetMinorityInterest190.15M178.26M139.13M
TotalNonCurrentLiabilitiesNetMinorityInterest36.30M37.10M38.74M
TradeandOtherPayablesNonCurrent0.002.75M
NonCurrentDeferredLiabilities247.07K0.0078.68K
NonCurrentDeferredTaxesLiabilities247.07K0.0078.68K
LongTermDebtAndCapitalLeaseObligation36.05M37.10M35.91M
LongTermCapitalLeaseObligation35.86M36.53M34.88M
LongTermDebt186.10K577.52K1.03M
CurrentLiabilities153.85M141.16M100.39M
OtherCurrentLiabilities4.60M4.10M8.85M
CurrentDeferredLiabilities8.68M2.67M588.74K
CurrentDeferredRevenue8.68M2.67M588.74K
CurrentDebtAndCapitalLeaseObligation81.46M78.51M48.74M
CurrentCapitalLeaseObligation2.37M2.00M1.70M
CurrentDebt79.09M76.50M47.05M
OtherCurrentBorrowings30.78M23.26M708.67K
LineOfCredit48.30M53.25M46.34M
PayablesAndAccruedExpenses59.12M55.88M42.21M
Payables59.12M55.88M42.21M
DuetoRelatedPartiesCurrent6.02M8.48M7.37M
AccountsPayable53.10M47.40M34.84M
TotalAssets143.89M180.89M171.32M
TotalNonCurrentAssets75.45M78.39M64.89M
NonCurrentPrepaidAssets35.29K109.61K765.86K
NonCurrentDeferredAssets675.72K946.09K718.52K
DuefromRelatedPartiesNonCurrent0.00302.41K309.40K
NonCurrentAccountsReceivable302.41K309.40K
InvestmentsAndAdvances5.87M9.54M4.05M
LongTermEquityInvestment5.87M9.54M4.05M
InvestmentsInOtherVenturesUnderEquityMethod5.87M9.54M4.05M
InvestmentsinAssociatesatCost9.54M4.05M
GoodwillAndOtherIntangibleAssets3.32M2.94M3.10M
OtherIntangibleAssets2.45M2.94M562.07K
Goodwill871.17K0.002.54M
NetPPE65.55M64.56M55.95M
AccumulatedDepreciation-3.88M-1.99M-513.79K
GrossPPE69.42M66.54M56.46M
OtherProperties49.61M46.72M36.05M
MachineryFurnitureEquipment3.22M3.71M3.99M
BuildingsAndImprovements16.50M16.01M16.33M
LandAndImprovements95.00K95.00K95.00K
Properties0.000.000.00
CurrentAssets68.44M102.50M106.43M
HedgingAssetsCurrent15.55M14.57M23.79M
AssetsHeldForSaleCurrent2.48M
PrepaidAssets1.23M1.97M529.92K
Inventory26.01M47.92M50.39M
OtherInventories24.58M41.37M50.35M
FinishedGoods1.42M6.55M46.55K
Receivables24.70M35.71M27.18M
TaxesReceivable0.0053.67K
NotesReceivable0.001.49M0.00
LoansReceivable671.50K552.00K4.69M
AccountsReceivable24.03M33.66M22.43M
CashCashEquivalentsAndShortTermInvestments952.28K2.33M2.06M
CashAndCashEquivalents952.28K2.33M2.06M
CashFinancial952.28K2.33M2.06M
Line Item2024-01-312023-01-312022-01-31
FreeCashFlow3.50M-20.59M-49.71M
RepaymentOfDebt-14.88M-2.28M-1.51M
IssuanceOfDebt13.03M25.97M30.07M
IssuanceOfCapitalStock0.000.00200.00K
CapitalExpenditure-3.65M-2.72M-22.13M
InterestPaidSupplementalData4.84M5.08M2.09M
IncomeTaxPaidSupplementalData0.000.000.00
EndCashPosition952.28K2.33M2.06M
BeginningCashPosition2.33M2.06M33.03M
ChangesInCash-1.38M270.77K-30.97M
FinancingCashFlow-4.01M24.81M27.20M
CashFlowFromContinuingFinancingActivities-4.01M24.81M27.20M
NetOtherFinancingCharges-2.16M1.11M-1.56M
NetCommonStockIssuance0.000.00200.00K
CommonStockIssuance0.000.00200.00K
NetIssuancePaymentsOfDebt-1.85M23.70M28.56M
NetShortTermDebtIssuance-4.94M6.91M29.99M
ShortTermDebtPayments-11.50M
ShortTermDebtIssuance6.56M6.91M29.99M
NetLongTermDebtIssuance3.10M16.79M-1.44M
LongTermDebtPayments-3.38M-2.28M-1.51M
LongTermDebtIssuance6.47M19.07M77.00K
InvestingCashFlow-4.52M-6.66M-30.59M
CashFlowFromContinuingInvestingActivities-4.52M-6.66M-30.59M
NetOtherInvestingChanges723.80K2.59M-4.43M
NetBusinessPurchaseAndSale-1.59M-6.54M-4.03M
SaleOfBusiness20.99K
PurchaseOfBusiness-1.59M-6.54M-4.05M
NetIntangiblesPurchaseAndSale-60.50K-328.76K-135.97K
PurchaseOfIntangibles-60.50K-328.76K-135.97K
NetPPEPurchaseAndSale-3.59M-2.39M-22.00M
PurchaseOfPPE-3.59M-2.39M-22.00M
OperatingCashFlow7.15M-17.88M-27.57M
CashFlowFromContinuingOperatingActivities7.15M-17.88M-27.57M
ChangeInWorkingCapital44.25M9.08M-23.97M
ChangeInOtherCurrentLiabilities-1.24M-772.27K-640.18K
ChangeInOtherCurrentAssets2.10M2.79M-14.42M
ChangeInPayablesAndAccruedExpense5.67M8.08M26.20M
ChangeInPrepaidAssets6.01M2.08M588.74K
ChangeInInventory21.91M5.55M-25.99M
ChangeInReceivables9.81M-8.65M-9.71M
ChangesInAccountReceivables9.81M-8.71M-9.77M
OtherNonCashItems3.94M1.09M1.04M
StockBasedCompensation3.09M6.91M0.00
AssetImpairmentCharge1.81M6.87M0.00
DeferredTax0.00-78.68K-95.09K
DeferredIncomeTax0.00-78.68K-95.09K
DepreciationAmortizationDepletion3.61M2.96M1.37M
DepreciationAndAmortization3.61M2.96M1.37M
OperatingGainsLosses3.77M787.66K-137.49K
EarningsLossesFromEquityInvestments3.79M812.67K0.00
NetIncomeFromContinuingOperations-53.31M-45.48M-5.78M
SEC Filings

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