ABVEW
Above Food Ingredients Inc.
Price Chart
Latest Quote
$0.59
Current Price| Previous Close | $0.60 |
| Open | $1.45 |
| Day High | $0.75 |
| Day Low | $0.42 |
| Volume | 56,357 |
Stock Information
Note: Financial values converted from CAD to USD
| Total Debt | $97.91M |
| Cash Equivalents | $486K |
| Revenue | $215.70M |
| Net Income | $-44.84M |
| Exchange | NGM |
đ Custom Metrics & Score
Score: 16/42| Debt to Equity | -2.54 |
| Debt to Earnings | -19.92 |
| Current Ratio | 0.44 |
| Quick Ratio | 0.17 |
| Avg Revenue Growth | 28.42% |
| Profit Margin | -14.47% |
| Return on Equity | 115.25% |
| Avg FCF Growth | -35.68% |
Score Explanation: The perfect score is 42/42 based on debt levels, profitability, growth rates, and cash flow metrics. FCF Yield is weighted most heavily as it shows what return the business currently generates.
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-02-02 | $0.59 | 56,357 |
About Above Food Ingredients Inc.
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.
Income Statement (Annual)
Revenue
| Metric | 2024-01-31 | 2023-01-31 | 2022-01-31 |
|---|---|---|---|
| Reconciled Cost Of Revenue | $373,049,831 | $396,602,413 | $190,090,831 |
| Cost Of Revenue | $374,322,146 | $397,744,144 | $190,945,089 |
| Total Revenue | $368,423,398 | $396,464,504 | $198,857,713 |
| Operating Revenue | $368,423,398 | $396,464,504 | $198,857,713 |
Expenses
| Metric | 2024-01-31 | 2023-01-31 | 2022-01-31 |
|---|---|---|---|
| Interest Expense | $7,670,156 | $5,378,560 | $2,086,274 |
| Total Expenses | $407,922,431 | $428,181,267 | $202,725,518 |
| Rent Expense Supplemental | $2,490,718 | $1,067,331 | $117,670 |
| Other Income Expense | $-2,215,893 | $-7,745,326 | $146,956 |
| Net Non Operating Interest Income Expense | $-7,809,429 | $-5,303,823 | $-2,151,477 |
| Total Other Finance Cost | $384,535 | $221,742 | $147,496 |
| Interest Expense Non Operating | $7,670,156 | $5,378,560 | $2,086,274 |
| Operating Expense | $33,600,285 | $30,437,123 | $11,780,429 |
| Other Operating Expenses | $475,807 | $477,845 | $151,915 |
| Selling And Marketing Expense | $742,617 | $1,534,451 | $551,863 |
| General And Administrative Expense | $29,604,139 | $26,105,707 | $10,279,328 |
| Other Non Operating Income Expenses | - | - | $147,733 |
Income & Earnings
| Metric | 2024-01-31 | 2023-01-31 | 2022-01-31 |
|---|---|---|---|
| Net Income From Continuing Operation Net Minority Interest | $-53,312,282 | $-45,484,530 | $-5,777,238 |
| Net Interest Income | $-7,809,429 | $-5,303,823 | $-2,151,477 |
| Interest Income | $245,262 | $296,479 | $82,293 |
| Normalized Income | $-51,096,389 | $-37,755,477 | $-5,776,714 |
| Net Income From Continuing And Discontinued Operation | $-53,312,282 | $-45,484,530 | $-5,777,238 |
| Total Operating Income As Reported | $-42,099,461 | $-39,683,831 | $-4,016,078 |
| Net Income Common Stockholders | $-53,312,282 | $-45,484,530 | $-5,777,238 |
| Net Income | $-53,312,282 | $-45,484,530 | $-5,777,238 |
| Net Income Including Noncontrolling Interests | $-53,312,282 | $-45,484,530 | $-5,777,238 |
| Net Income Continuous Operations | $-53,312,282 | $-45,484,530 | $-5,777,238 |
| Earnings From Equity Interest Net Of Tax | $-3,787,927 | $-812,669 | $0 |
| Pretax Income | $-49,524,355 | $-44,765,912 | $-5,872,326 |
| Special Income Charges | $-2,215,893 | $-7,745,326 | $-777 |
| Interest Income Non Operating | $245,262 | $296,479 | $82,293 |
| Operating Income | $-39,499,033 | $-31,716,763 | $-3,867,805 |
| Depreciation Amortization Depletion Income Statement | $2,333,969 | $1,817,286 | $511,816 |
| Depreciation And Amortization In Income Statement | $2,333,969 | $1,817,286 | $511,816 |
| Gross Profit | $-5,898,748 | $-1,279,640 | $7,912,624 |
Other
| Metric | 2024-01-31 | 2023-01-31 | 2022-01-31 |
|---|---|---|---|
| Tax Effect Of Unusual Items | $0 | $-16,273 | $-253 |
| Tax Rate For Calcs | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-36,032,022 | $-28,683,009 | $-2,419,201 |
| Total Unusual Items | $-2,215,893 | $-7,745,326 | $-777 |
| Total Unusual Items Excluding Goodwill | $-2,215,893 | $-7,745,326 | $-777 |
| Reconciled Depreciation | $3,606,284 | $2,959,017 | $1,366,074 |
| EBITDA (Bullshit earnings) | $-38,247,915 | $-36,428,335 | $-2,419,978 |
| EBIT | $-41,854,199 | $-39,387,352 | $-3,786,052 |
| Diluted NI Availto Com Stockholders | $-53,312,282 | $-45,484,530 | $-5,777,238 |
| Tax Provision | $0 | $-94,051 | $-95,088 |
| Write Off | $409,556 | $879,205 | $777 |
| Impairment Of Capital Assets | $1,806,337 | $6,866,121 | $0 |
| Other Taxes | $271,901 | $71,168 | $50,412 |
| Research And Development | $171,852 | $430,666 | $235,095 |
| Selling General And Administration | $30,346,756 | $27,640,158 | $10,831,191 |
| Other Gand A | $10,823,312 | $7,858,275 | $5,719,233 |
| Insurance And Claims | $2,174,446 | $1,552,871 | $494,789 |
| Rent And Landing Fees | $2,490,718 | $1,067,331 | $117,670 |
| Salaries And Wages | $14,115,663 | $15,627,230 | $3,947,636 |
Balance Sheet (Annual)
Assets
| Metric | 2024-01-31 | 2023-01-31 | 2022-01-31 |
|---|---|---|---|
| Net Tangible Assets | $-49,577,895 | $-307,362 | $29,085,109 |
| Total Assets | $143,887,955 | $180,889,376 | $171,318,471 |
| Total Non Current Assets | $75,451,717 | $78,393,947 | $64,892,701 |
| Non Current Prepaid Assets | $35,287 | $109,606 | $765,860 |
| Non Current Deferred Assets | $675,717 | $946,087 | $718,521 |
| Goodwill And Other Intangible Assets | $3,319,663 | $2,938,340 | $3,099,370 |
| Other Intangible Assets | $2,448,489 | $2,938,340 | $562,067 |
| Current Assets | $68,436,238 | $102,495,429 | $106,425,770 |
| Hedging Assets Current | $15,547,432 | $14,573,212 | $23,790,532 |
| Prepaid Assets | $1,227,012 | $1,967,126 | $529,921 |
| Inventory | $26,009,438 | $47,919,591 | $50,392,323 |
| Receivables | $24,700,076 | $35,707,703 | $27,179,444 |
| Notes Receivable | $0 | $1,491,579 | $0 |
| Loans Receivable | $671,500 | $552,003 | $4,693,110 |
| Accounts Receivable | $24,028,576 | $33,664,121 | $22,432,664 |
| Cash Cash Equivalents And Short Term Investments | $952,280 | $2,327,797 | $2,057,022 |
| Cash And Cash Equivalents | $952,280 | $2,327,797 | $2,057,022 |
| Cash Financial | $952,280 | $2,327,797 | $2,057,022 |
| Non Current Accounts Receivable | - | $302,406 | $309,396 |
| Taxes Receivable | - | $0 | $53,670 |
| Assets Held For Sale Current | - | - | $2,476,528 |
Debt
| Metric | 2024-01-31 | 2023-01-31 | 2022-01-31 |
|---|---|---|---|
| Net Debt | $78,321,299 | $74,754,435 | $46,024,804 |
| Total Debt | $117,506,626 | $115,608,262 | $84,653,381 |
| Long Term Debt And Capital Lease Obligation | $36,048,604 | $37,102,937 | $35,910,582 |
| Long Term Debt | $186,104 | $577,517 | $1,035,000 |
| Current Debt And Capital Lease Obligation | $81,458,022 | $78,505,325 | $48,742,799 |
| Current Debt | $79,087,475 | $76,504,715 | $47,046,826 |
| Other Current Borrowings | $30,783,203 | $23,259,226 | $708,667 |
Liabilities
| Metric | 2024-01-31 | 2023-01-31 | 2022-01-31 |
|---|---|---|---|
| Total Liabilities Net Minority Interest | $190,146,187 | $178,258,398 | $139,133,992 |
| Total Non Current Liabilities Net Minority Interest | $36,295,677 | $37,102,937 | $38,743,024 |
| Non Current Deferred Liabilities | $247,073 | $0 | $78,681 |
| Non Current Deferred Taxes Liabilities | $247,073 | $0 | $78,681 |
| Current Liabilities | $153,850,510 | $141,155,461 | $100,390,968 |
| Other Current Liabilities | $4,596,393 | $4,102,159 | $8,847,304 |
| Current Deferred Liabilities | $8,676,662 | $2,671,068 | $588,735 |
| Payables And Accrued Expenses | $59,119,433 | $55,876,909 | $42,212,130 |
| Payables | $59,119,433 | $55,876,909 | $42,212,130 |
| Accounts Payable | $53,101,833 | $47,396,393 | $34,839,326 |
| Tradeand Other Payables Non Current | - | $0 | $2,753,761 |
Equity
| Metric | 2024-01-31 | 2023-01-31 | 2022-01-31 |
|---|---|---|---|
| Common Stock Equity | $-46,258,232 | $2,630,978 | $32,184,479 |
| Total Equity Gross Minority Interest | $-46,258,232 | $2,630,978 | $32,184,479 |
| Stockholders Equity | $-46,258,232 | $2,630,978 | $32,184,479 |
| Other Equity Interest | $11,676,046 | $11,676,046 | $11,185,226 |
| Gains Losses Not Affecting Retained Earnings | $167,725 | $47,937 | - |
| Other Equity Adjustments | $167,725 | $47,937 | - |
| Retained Earnings | $-103,880,258 | $-50,567,976 | $-5,083,446 |
| Long Term Equity Investment | $5,873,574 | $9,541,713 | $4,051,045 |
| Investments In Other Ventures Under Equity Method | $5,873,574 | $9,541,713 | $4,051,045 |
Other
| Metric | 2024-01-31 | 2023-01-31 | 2022-01-31 |
|---|---|---|---|
| Ordinary Shares Number | $25,824,942 | $25,824,942 | $25,824,942 |
| Share Issued | $25,824,942 | $25,824,942 | $25,824,942 |
| Tangible Book Value | $-49,577,895 | $-307,362 | $29,085,109 |
| Invested Capital | $33,015,347 | $79,713,210 | $80,266,305 |
| Working Capital | $-85,414,272 | $-38,660,032 | $6,034,802 |
| Capital Lease Obligations | $38,233,047 | $38,526,030 | $36,571,555 |
| Total Capitalization | $-46,072,128 | $3,208,495 | $33,219,479 |
| Additional Paid In Capital | $45,777,474 | $41,474,196 | $26,081,977 |
| Capital Stock | $781 | $775 | $722 |
| Common Stock | $781 | $775 | $722 |
| Long Term Capital Lease Obligation | $35,862,500 | $36,525,420 | $34,875,582 |
| Current Deferred Revenue | $8,676,662 | $2,671,068 | $588,735 |
| Current Capital Lease Obligation | $2,370,547 | $2,000,610 | $1,695,973 |
| Line Of Credit | $48,304,272 | $53,245,489 | $46,338,159 |
| Dueto Related Parties Current | $6,017,600 | $8,480,516 | $7,372,804 |
| Duefrom Related Parties Non Current | $0 | $302,406 | $309,396 |
| Investments And Advances | $5,873,574 | $9,541,713 | $4,051,045 |
| Goodwill | $871,174 | $0 | $2,537,303 |
| Net PPE | $65,547,476 | $64,555,795 | $55,948,509 |
| Accumulated Depreciation | $-3,877,272 | $-1,988,384 | $-513,791 |
| Gross PPE | $69,424,748 | $66,544,179 | $56,462,300 |
| Other Properties | $49,610,354 | $46,720,948 | $36,050,166 |
| Machinery Furniture Equipment | $3,220,905 | $3,713,916 | $3,987,699 |
| Buildings And Improvements | $16,498,489 | $16,014,315 | $16,329,435 |
| Land And Improvements | $95,000 | $95,000 | $95,000 |
| Properties | $0 | $0 | $0 |
| Other Inventories | $24,584,482 | $41,373,838 | $50,345,775 |
| Finished Goods | $1,424,956 | $6,545,753 | $46,548 |
| Investmentsin Associatesat Cost | - | $9,541,713 | $4,051,045 |
Cash Flow Statement (Annual)
Free Cash Flow
| Metric | 2024-01-31 | 2023-01-31 | 2022-01-31 |
|---|---|---|---|
| Free Cash Flow | $3,497,916 | $-20,593,884 | $-49,709,156 |
Operating Activities
| Metric | 2024-01-31 | 2023-01-31 | 2022-01-31 |
|---|---|---|---|
| Operating Cash Flow | $7,148,748 | $-17,876,903 | $-27,574,845 |
| Cash Flow From Continuing Operating Activities | $7,148,748 | $-17,876,903 | $-27,574,845 |
| Operating Gains Losses | $3,767,715 | $787,664 | $-137,492 |
Investing Activities
| Metric | 2024-01-31 | 2023-01-31 | 2022-01-31 |
|---|---|---|---|
| Capital Expenditure | $-3,650,832 | $-2,716,981 | $-22,134,311 |
| Investing Cash Flow | $-4,517,944 | $-6,662,720 | $-30,589,836 |
| Cash Flow From Continuing Investing Activities | $-4,517,944 | $-6,662,720 | $-30,589,836 |
| Net Other Investing Changes | $723,801 | $2,591,693 | $-4,425,468 |
Financing Activities
| Metric | 2024-01-31 | 2023-01-31 | 2022-01-31 |
|---|---|---|---|
| Issuance Of Capital Stock | $0 | $0 | $200,000 |
| Financing Cash Flow | $-4,006,321 | $24,810,398 | $27,196,396 |
| Cash Flow From Continuing Financing Activities | $-4,006,321 | $24,810,398 | $27,196,396 |
| Net Other Financing Charges | $-2,160,510 | $1,114,702 | $-1,560,627 |
| Net Common Stock Issuance | $0 | $0 | $200,000 |
| Common Stock Issuance | $0 | $0 | $200,000 |
Other
| Metric | 2024-01-31 | 2023-01-31 | 2022-01-31 |
|---|---|---|---|
| Repayment Of Debt | $-14,877,989 | $-2,278,062 | $-1,512,090 |
| Issuance Of Debt | $13,032,178 | $25,973,758 | $30,069,113 |
| Interest Paid Supplemental Data | $4,838,116 | $5,080,102 | $2,086,274 |
| Income Tax Paid Supplemental Data | $0 | $0 | $0 |
| End Cash Position | $952,280 | $2,327,797 | $2,057,022 |
| Beginning Cash Position | $2,327,797 | $2,057,022 | $33,025,307 |
| Changes In Cash | $-1,375,517 | $270,775 | $-30,968,285 |
| Net Issuance Payments Of Debt | $-1,845,811 | $23,695,696 | $28,557,023 |
| Net Short Term Debt Issuance | $-4,941,217 | $6,907,330 | $29,992,113 |
| Short Term Debt Payments | $-11,500,000 | - | - |
| Short Term Debt Issuance | $6,558,783 | $6,907,330 | $29,992,113 |
| Net Long Term Debt Issuance | $3,095,406 | $16,788,366 | $-1,435,090 |
| Long Term Debt Payments | $-3,377,989 | $-2,278,062 | $-1,512,090 |
| Long Term Debt Issuance | $6,473,395 | $19,066,428 | $77,000 |
| Net Business Purchase And Sale | $-1,590,913 | $-6,537,432 | $-4,030,057 |
| Purchase Of Business | $-1,590,913 | $-6,537,432 | $-4,051,045 |
| Net Intangibles Purchase And Sale | $-60,496 | $-328,760 | $-135,972 |
| Purchase Of Intangibles | $-60,496 | $-328,760 | $-135,972 |
| Net PPE Purchase And Sale | $-3,590,336 | $-2,388,221 | $-21,998,339 |
| Purchase Of PPE | $-3,590,336 | $-2,388,221 | $-21,998,339 |
| Change In Working Capital | $44,251,664 | $9,075,482 | $-23,973,846 |
| Change In Other Current Liabilities | $-1,238,268 | $-772,275 | $-640,185 |
| Change In Other Current Assets | $2,096,396 | $2,787,321 | $-14,417,939 |
| Change In Payables And Accrued Expense | $5,667,171 | $8,084,074 | $26,200,558 |
| Change In Prepaid Assets | $6,005,594 | $2,082,333 | $588,735 |
| Change In Inventory | $21,910,153 | $5,548,114 | $-25,994,985 |
| Change In Receivables | $9,810,618 | $-8,654,085 | $-9,710,030 |
| Changes In Account Receivables | $9,810,618 | $-8,707,755 | $-9,771,404 |
| Other Non Cash Items | $3,939,309 | $1,085,792 | $1,042,745 |
| Stock Based Compensation | $3,089,721 | $6,912,232 | $0 |
| Asset Impairment Charge | $1,806,337 | $6,866,121 | $0 |
| Deferred Tax | $0 | $-78,681 | $-95,088 |
| Deferred Income Tax | $0 | $-78,681 | $-95,088 |
| Depreciation Amortization Depletion | $3,606,284 | $2,959,017 | $1,366,074 |
| Depreciation And Amortization | $3,606,284 | $2,959,017 | $1,366,074 |
| Earnings Losses From Equity Investments | $3,787,927 | $812,669 | $0 |
| Net Income From Continuing Operations | $-53,312,282 | $-45,484,530 | $-5,777,238 |
| Sale Of Business | - | - | $20,988 |