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ABVE
Upturn stock rating

Above Food Ingredients Inc. Common Stock (ABVE)

Upturn stock rating
$3.6
Last Close (24-hour delay)
Profit since last BUY22.87%
upturn advisory
Regular Buy
BUY since 21 days
  • BUY Advisory
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  • SELL Advisory (Loss)
  • Profit
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  • Pass (Skip investing)
Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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  • 1M
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Upturn Advisory Summary

10/31/2025: ABVE (4-star) is a REGULAR-BUY. BUY since 21 days. Simulated Profits (22.87%). Updated daily EoD!

Upturn Star Rating

rating

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Analysis of Past Performance

Type Stock
Historic Profit 40.18%
Avg. Invested days 82
Today’s Advisory Regular Buy
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/31/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 58.36M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta -0.28
52 Weeks Range 0.25 - 7.00
Updated Date 06/29/2025
52 Weeks Range 0.25 - 7.00
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.76

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -23.36%
Operating Margin (TTM) -23.25%

Management Effectiveness

Return on Assets (TTM) -15.51%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value 129602864
Price to Sales(TTM) 0.2
Enterprise Value 129602864
Price to Sales(TTM) 0.2
Enterprise Value to Revenue 0.6
Enterprise Value to EBITDA -
Shares Outstanding 28500000
Shares Floating 20960132
Shares Outstanding 28500000
Shares Floating 20960132
Percent Insiders 10.65
Percent Institutions 12.26

ai summary icon Upturn AI SWOT

Above Food Ingredients Inc. Common Stock

stock logo

Company Overview

overview logo History and Background

Above Food Ingredients Inc. went public via SPAC acquisition on July 1, 2022, and delisted on November 20, 2023. It aimed to become a vertically integrated plant-based food company focusing on ingredients and consumer products.

business area logo Core Business Areas

  • Ingredients: Focuses on developing and supplying plant-based ingredients, including plant protein concentrates, isolates, and flours from pulses and grains. This includes sourcing, processing, and selling these ingredients to other food manufacturers.
  • Consumer Products: Develops and markets plant-based consumer packaged goods (CPG) like plant-based meats, dairy alternatives, and bakery items under its own brands. This segment included product development, manufacturing, marketing, and sales.

leadership logo Leadership and Structure

Information on leadership and structure is limited due to the company's recent delisting. The CEO, Lionel Kambeitz, held the role during its active trading period. The company structure consisted of functional departments like R&D, Manufacturing, Sales & Marketing, and Finance. Board Members were listed during the active period.

Top Products and Market Share

overview logo Key Offerings

  • Plant-Based Protein Ingredients: Above Food's core business revolved around producing and selling plant-based protein ingredients (protein concentrates and isolates) derived from pulses and grains. Market share data is unavailable. Competitors included Ingredion (INGR), Roquette Fru00e8res, and ADM (ADM).
  • Plant-Based Meat Alternatives: Included burgers, sausages, and other meat analogs under its own brand names. Market share data is unavailable. Competitors include Beyond Meat (BYND) and Impossible Foods.
  • Plant-Based Dairy Alternatives: Included plant-based milk alternatives. Market share data is unavailable. Competitors include Oatly (OTLY) and Danone (DANOY).

Market Dynamics

industry overview logo Industry Overview

The plant-based food industry experienced significant growth followed by a slowdown due to factors like inflation and changing consumer preferences. The industry is competitive, with established players and emerging startups.

Positioning

Above Food positioned itself as a vertically integrated player, controlling the entire value chain from ingredient sourcing to consumer products. However, its actual competitive advantage was limited due to financial constraints and increased competition.

Total Addressable Market (TAM)

Estimates for the plant-based food market vary widely. Some projected over $162 billion by 2030. Above Food's positioning aimed to capture a portion of this market, but its limited scale and financial resources hindered its ability to effectively compete within that TAM.

Upturn SWOT Analysis

Strengths

  • Vertically integrated model
  • Focus on sustainable sourcing
  • Diverse product portfolio (ingredients and CPG)

Weaknesses

  • Limited brand recognition
  • High operating expenses
  • Negative profitability
  • Inconsistent product quality

Opportunities

  • Growing demand for plant-based foods
  • Partnerships with established food companies
  • Expansion into new geographic markets

Threats

  • Increased competition
  • Changing consumer preferences
  • Economic downturn
  • Supply chain disruptions

Competitors and Market Share

competitor logo Key Competitors

  • Ingredion (INGR)
  • Archer-Daniels-Midland (ADM)
  • Beyond Meat (BYND)
  • Oatly (OTLY)

Competitive Landscape

Above Food faced significant challenges competing with larger, better-funded companies. Its vertically integrated model did not translate into a sustainable competitive advantage, and its brand recognition remained low.

Major Acquisitions

Only Oats Inc.

  • Year: 2022
  • Acquisition Price (USD millions): 20
  • Strategic Rationale: To expand Above Food's oat processing capabilities and secure oat supply for its plant-based products.

Growth Trajectory and Initiatives

Historical Growth: Historical growth was limited by financial constraints and operational challenges. The company struggled to achieve profitability and sustain revenue growth.

Future Projections: Future projections are unavailable due to the company's delisting.

Recent Initiatives: Recent initiatives included efforts to expand its product portfolio and secure strategic partnerships, but were ultimately unsuccessful in reversing the company's financial struggles.

Summary

Above Food Ingredients Inc. was a plant-based food company that struggled to gain traction in a competitive market. Its vertically integrated model and diverse product portfolio were not enough to overcome its financial challenges and limited brand recognition. The company's delisting reflects its inability to achieve sustainable growth and profitability. Above Food needed to strengthen its brand and improve its financial management to succeed, requiring careful consideration and strategic realignment.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • SEC Filings (historical)
  • Company Press Releases (historical)
  • Market Research Reports (industry data)
  • Publicly Available News Articles

Disclaimers:

The information provided is based on publicly available data and represents a snapshot in time. Due to the company's delisting, access to current financial information is limited. This analysis should not be considered financial advice.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Above Food Ingredients Inc. Common Stock

Exchange NASDAQ
Headquaters Regina, SK, Canada
IPO Launch date 2024-07-01
Co-Founder, Executive Chairman, CEO & President Mr. Lionel Kambeitz
Sector Consumer Defensive
Industry Packaged Foods
Full time employees -
Full time employees -

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.