Above Food Ingredients Inc. ABVEF

0.02 0.00 0.00% as of 25 Sep
Market cap
$5.8M
P/E
0.0×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 5.84
Revenue —
Net Income (64.63)
Free Cash Flow 3.94
Net Debt 88.78
Current Ratio 0.23
Debt/Equity (1.06)
P/E ratio 0.00
P/S ratio 0.00
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

2022 2023 2024 Q'24
Cash 0 0 1 0
Receivables — — 18 9
Inventory — — 19 6
Other 0 — 12 13
0 0 51 28
2022 2023 2024 Q'24
Payables 0 2 39 38
ST’ Debt 0 — 49 49
Other 0 — 10 28
1 4 114 121
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — —
Cash Flow — — 0.00%
Earnings — 0.00% 0.00%
Book Value — — 0.00%

Revenue

Mar Jun Sep Dec Year
’26 — — — — —
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (1) — — — —
’24 — — — — 5
’23 0 (1) 0 0 (1)
’22 0 0 0 0 (1)
’21 (1) 0 0 0 (1)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (1) — — — —
’24 — — — — 3
’23 0 (1) 0 0 (1)
’22 0 0 0 0 (1)
’21 (1) 0 0 0 (1)
’21 — — — — 0
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.00 — — — —
’24 — — — — (0.51)
’23 (0.13) (0.10) 16.23 (110.38) (0.18)
’22 (0.04) 0.01 110.24 0.25 0.18
’21 (0.03) (0.02) (0.02) (0.02) (0.18)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
— — — — — — 9.55 9.64 10.01 0.34

Analyst estimates 2025–2027

Powerpack
Low Price
— — — — — — 9.96 10.72 11.35 13.50
High Price
— — — — — — 2 2 2 2
Employees
— — — — — — 0 0 0 136
Revenue/Emp
— — — — — — — — — 273
Revenue
— — — — — — — — — (1.60%)
Gross Margin
— — — — — 0 (1) 1 0 (37)
EBT
— — — — — 0.00% 0.00% 0.00% 0.00% (13.44%)
EBT Margin
— — 0 — — 0 (1) 1 (1) (39)
Net Income
— — — — — 0 0 — — 3
Depreciation
— — — — — 0.00 0.00 0.00 0.00 3.52
Revenue/Sh
— — — — — — (0.18) 0.18 (0.18) (0.51)
Earnings/Sh
— — — — — 0.00 (0.22) (0.17) (0.24) 0.07
Cash Flow/Sh
— — — — — 0.00 0.00 0.00 0.00 (0.03)
Capex/Sh
— — — — — 0.00 (0.22) (0.17) (0.24) 0.04
Free CF/Sh
— — — — — 0.00 (0.03) (0.13) (0.66) (0.44)
Book Value/Sh
— — — — — 22 4 6 6 78
Shares
— — — — — — — — — 0.00
PE Ratio
— — — — — — — — — 0.00
PS Ratio
— — — — — — — — — 0.00
PB Ratio
— — — — — — — — — 0.00
EV/Sales
— — — — — — — — — 278.61
EV/FCF
— — — — — 0 (1) (1) (1) 5
Op' Cash Flow
— — — — — 0 0 — — (2)
Capex
— — — — — 0 (1) (1) (1) 3
FCF
— — — — — 0 0 (1) (4) (63)
Working Cap'
— — — — — 0 — 0 — 72
Total Debt
— — — — — 0 0 0 0 71
Net Debt
— — — — — 0 0 (1) (4) (34)
Sh' Equity
— — — — — (0.76%) (0.80%) 0.86% (3.22%) (57.44%)
ROA
— — — — — 0.00% 0.00% 0.00% 0.00% (52.43%)
ROIC
— — — — — 0.00% 1,365.78% (219.94%) 43.85% 207.79%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Jan 2024

Above Food Ingredients Inc. (ABVEF) key facts

  • Above Food Ingredients Inc. (ABVEF) is a Packaged Foods company in the Consumer Defensive sector.
  • Above Food Ingredients Inc.’s revenue for fiscal 2024 (year ended January 2024) was $272.9 million.
  • As of September 25, 2026, ABVEF traded at $0.02, a market capitalization of $5.8 million.
  • Return on equity was 207.8% and debt-to-equity -1.06.

Source: company filings (standardised) and stockrow calculations.

Above Food Ingredients Inc. (ABVEF) Latest News

News by impact score

Fine-tune

18 Aug

4

Above Food Ingredients Inc. (ABVEF) announces a strategic investment to support business growth and operational objectives. Strategic investment announcement signals major move likely to alter company trajectory and investor sentiment.

17 Jul

4

Above Food Ingredients Inc. updates on its Nasdaq listing review process and engages Dickson Wright to represent the company in its appeal. Nasdaq listing status directly determines public trading access, liquidity, and investor participation for ABVEF.

15 Jun

4

Above Food Ingredients Inc. (ABVEF) files appeal to NASDAQ and initiates process for relisting its shares. NASDAQ appeal and relisting path can restore trading visibility, liquidity and investor access for ABVEF.

2 Jun

4

Above Food Ingredients Inc. begins trading on the OTC market and starts the process to relist on NASDAQ. OTC trading start and NASDAQ relisting path directly improve market access and investor reach for Above Food Ingredients Inc.

1 Jun

4

Above Food Ingredients Inc. received a NASDAQ determination letter citing non-compliance with listing rules 5250(c)(1) and 5250(c)(2). NASDAQ compliance failure directly raises delisting risk and damages ABVE investor sentiment.

20 Apr

4

Above Food Ingredients Inc. (ABVE) provides update on status and timing of its Form 20-F filing. Update on Form 20-F filing indicates potential delays in SEC compliance, risking delisting, negative sentiment, and significant pressure on market performance.

27 Mar

4

Above Food Ingredients Inc. (ABVE) has completed its Fiscal 2025 audit and is ready to file Form 20-F. Audit completion and Form 20-F filing readiness resolve critical SEC compliance issues, potentially boosting investor confidence and averting delisting risks.

8 Jan

4

Above Food Ingredients Inc. (ABVE) has raised its profit outlook for fiscal year 2026 to over $40 million, reflecting strong performance and growth expectations. The company attributes this positive revision to increased demand for its products and successful operational strategies. Investors are encouraged by the updated forecast, which signals confidence in the company's future profitability and market position. The significant increase in profit outlook indicates a major strategic move that could alter the company's trajectory and investor sentiment.

7 Jan

4

Above Food Ingredients Inc. (ABVE) has confirmed the release of its audited fiscal 2025 results in January 2026, showcasing strong profitability and a clean balance sheet. The company also announced a clear path towards completing its merger with Palm Global. The confirmation of strong profitability and the merger completion are significant strategic moves that could alter the company's trajectory and investor sentiment.

12 Dec

4

Above Food Ingredients Inc. has provided an update on its fiscal 2025 audit and announced an increase in its profit guidance for fiscal 2026 to over $40 million, indicating strong financial performance and growth expectations. The raised profit guidance suggests significant positive momentum and potential shifts in investor sentiment.

20 Jul

4

Above Food Ingredients Inc. (ABVE) has announced the acquisition of Palm Global Technologies, a strategic move aimed at enhancing its product offerings and market presence. This acquisition is expected to bolster ABVE's capabilities in the food ingredient sector, aligning with its growth strategy and commitment to innovation. The acquisition is a significant strategic move that could enhance ABVE's market position and product capabilities.

12 Jun

4

Above Food Ingredients Inc. has successfully achieved full compliance with NASDAQ listing requirements, marking a significant milestone for the company. This compliance is expected to enhance the company's visibility and credibility in the market, potentially attracting more investors and improving overall market performance. Achieving full listing compliance with NASDAQ is a significant strategic move that can enhance investor confidence and market positioning.

6 Jun

4

Above Food Ingredients Inc. (NASDAQ: ABVE) has confirmed compliance with NASDAQ Listing Rule 5450(b)(3)(C) regarding the minimum market value of publicly held shares as of May 27, 2025. The company has also met additional compliance requirements under Listing Rules 5810(c)(3)(A) and 5450(a)(1) and is awaiting NASDAQ's confirmation. This achievement is part of the company's ongoing restructuring efforts aimed at maximizing shareholder value and executing its strategic plan. Achieving compliance with NASDAQ listing requirements is a significant milestone that can positively influence investor sentiment and the company's strategic trajectory.

30 Apr

4

Above Food Ingredients Inc. is advancing its strategic merger with Palm Global Technologies, with definitive agreements expected to be signed imminently. This merger aims to enhance operational capabilities and market presence for both companies, signaling a significant step in their growth strategies. The merger is a major strategic move that could significantly alter the company's trajectory and investor sentiment.

28 Apr

4

Above Food Ingredients Inc. (NASDAQ: ABVE) filed its financial results for the six-month period ending July 31, 2024, reporting revenue of US$65.2 million and a net loss of US$25.9 million, primarily due to discontinued operations and merger costs. The company has shifted its focus towards higher-margin products following the acquisition of Stricks Ag LLC and plans to acquire Palm Global Technologies Ltd. These strategic moves aim to enhance profitability and reduce working capital needs. The company is working to resolve its Nasdaq listing deficiency related to share price. Current operations are expected to lead to break-even net income and positive adjusted EBITDA. The strategic acquisitions and shift towards higher-margin products are likely to significantly impact future performance and investor sentiment.

25 Apr

4

Above Food Ingredients Inc. (NASDAQ: ABVE) will file its interim financial statements for the period ended July 31, 2024, on April 28, 2025, to comply with Nasdaq Listing Rule 5250(c)(2) ahead of a hearing on May 22, 2025. The results will include discontinued operations from a strategic pivot towards Agri-Tech and Fin-Tech sectors. The company has acquired The Redwood Group LLC and Palm Global Technologies Inc., enhancing profitability and expanding into new markets. The only remaining compliance issue is the stock price, which is below $1 per share. The strategic acquisitions and restructuring are expected to significantly enhance profitability and market positioning.

22 Apr

3

Above Food Ingredients Inc. (ABVE) has filed an appeal against a staff determination notice from Nasdaq regarding its compliance with listing standards. The company is seeking to maintain its listing on the exchange, which is crucial for its market presence and investor confidence. The appeal process will determine whether ABVE can continue to trade on Nasdaq or face delisting. The appeal process could moderately influence investor sentiment and the company's market position.

26 Mar

3

Above Food Ingredients Inc. (NASDAQ: ABVE) received a notice from Nasdaq on February 25, 2025, for failing to file its form 6-K for the period ended July 31, 2024, violating Listing Rule 5250(c)(2). The delay was due to a strategic restructuring and successful fundraising expected to enhance financial reporting. The company has 60 days to submit a Compliance Plan to regain compliance, with a potential extension of up to 180 days if accepted. The restructuring has improved the company's financial position by reducing debt and moving towards profitability. The notice does not immediately affect the listing of the company's shares. The delay in filing and subsequent compliance plan may moderately influence financial performance and investor sentiment.

25 Mar

4

Above Food Ingredients Inc. has secured a $9 million private placement of convertible notes to enhance its financial position and accelerate growth. The funding will primarily support its subsidiary, Stricks Ag LLC, and facilitate a reverse merger with Palm Global Technologies Ltd. The company aims to leverage this capital to optimize margins and drive profitability, while also investing in Palm Global's agri-tech initiatives and AI-driven genomics division. CEO Lionel Kambeitz expressed optimism about the company's prospects and upcoming announcements from Palm Global. The private placement and merger with Palm Global are significant strategic moves that could greatly enhance the company's growth and profitability.

20 Mar

4

Above Food Ingredients Inc. (NASDAQ: ABVE) announced a strategic restructuring to focus on Agri-Tech and Fin-Tech sectors, consenting to the Royal Bank of Canada's application to wind up its Purely Canada Food Corp. subsidiary, which has been placed into receivership. This move is expected to eliminate over $25 million CAD in annual net losses and enhance profitability. The company aims to leverage its acquisition of Palm Global Technologies Inc. to create a tech platform that integrates specialty crop processing with FinTech solutions, positioning itself for growth in regenerative agriculture and tailored food solutions. The restructuring and acquisition strategy are likely to significantly alter the company's trajectory and improve financial performance.

2 Mar

3

Above Food Ingredients Inc. (NASDAQ: ABVE) announced that the Royal Bank of Canada has applied for receivership for its subsidiary, Purely Canada Food Corp. (PCFC), which has been operating in a limited capacity while working to meet relicensing requirements. PCFC and RBC have agreed to a two-week negotiation period for a forbearance agreement, with management optimistic about reaching a resolution. The receivership application and ongoing negotiations with RBC could moderately influence the company's financial performance and operational stability.

6 Feb

4

Above Food Ingredients Inc. (ABVE) has signed a Letter of Intent (LOI) to acquire the Palm Global Group, which is expected to enhance its capabilities in agri-tech, fintech, and sustainability. This strategic move aims to unlock new opportunities and expand the company's market presence in these sectors. The acquisition is likely to significantly impact Above Food's strategic direction and market positioning in key growth areas.

16 Oct

4

Above Food will be presenting at the Centurion One Capital 2nd Annual Bahamas Summit to discuss recent strategic acquisition. The strategic acquisition of The Redwood Group's Specialty Crop Foods Ingredients Division is expected to significantly impact Above Food's future and market performance.

22 Aug

4

Above Food strengthens its pet food ingredient platform with recent Montana-based asset acquisition, expanding total pet food business to approximately US$110M of combined company revenues on a proforma basis. The acquisition significantly enhances Above Food's presence in the rapidly growing plant-based pet food market, positioning the company to capitalize on emerging trends and meet increasing consumer demand for high-quality, plant-based pet nutrition.

20 Aug

4

Discovery Seed Labs, a subsidiary of Above Food Ingredients Inc., in collaboration with BASF Canada, has developed a test for detecting Group 11 resistance in anthracnose disease affecting lentil crops. The development of a new assay for disease resistance in lentil crops is a significant strategic move that can impact Above Food Ingredients Inc.'s future performance and competitive positioning.

15 Aug

4

Above Food Ingredients Inc. acquires Montana-based asset to expand access to pet food and chickpea markets, strengthen position in high-growth sectors. The acquisition significantly impacts Above Food's future by enhancing capabilities, expanding market share, and strengthening leadership in key sectors.

12 Aug

4

Above Food to participate in the 44th Annual Canaccord Genuity Growth Conference to discuss recent acquisition of The Redwood Group, LLC's Specialty Crop Foods Ingredients Division. The strategic acquisition of The Redwood Group, LLC's division is expected to significantly expand Above Food's U.S. presence and market penetration.

9 Aug

4

Above Food Ingredients Inc. acquires The Redwood Group, LLC's Specialty Crop Food Ingredients Division for US$34 million, expanding its presence in the U.S. and strengthening its market share in the high-growth pet food category. The acquisition of TRG's division significantly expands Above Food's market penetration and value-added capabilities, positioning it for substantial growth.

25 Jul

4

Above Food Ingredients Inc. provides a business update following strategic transactions, positioning itself as a leader in the food industry with a focus on regenerative agriculture and value-added ingredients. The article outlines significant strategic moves and market positioning that are expected to fundamentally alter the company's trajectory and competitive position.

19 Jul

3

Above Food Corp. will hold a conference call on July 25, 2024 to discuss business updates. The conference call may moderately influence key areas such as financial performance and competitive positioning.

stockrow.com/ABVEF · Data as of Jan 31, 2024 · For information only; not investment advice. · © 2026 stockrow.com