ABVE
ABVE 2-star rating from Upturn Advisory

Above Food Ingredients Inc. Common Stock (ABVE)

Above Food Ingredients Inc. Common Stock (ABVE) 2-star rating from Upturn Advisory
$2.76
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Upturn Advisory Summary

12/05/2025: ABVE (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 2 star rating for performance

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit 32.4%
Avg. Invested days 82
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/05/2025

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

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Above Food Ingredients Inc. Common Stock

Above Food Ingredients Inc. Common Stock(ABVE) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Above Food Ingredients Inc. was a plant-based food company focused on developing and distributing protein ingredients and finished consumer products. The company aimed to leverage its proprietary technologies to create sustainable and healthy food options. Above Food Ingredients Inc. was delisted from the stock market in December 2023.

Company business area logo Core Business Areas

  • Ingredient Processing: Focused on the development and processing of plant-based protein ingredients, including peas, oats, and lentils, selling to food manufacturers.
  • Consumer Packaged Goods: Offered a range of plant-based consumer products, such as plant-based meats, dairy alternatives, and baked goods.

leadership logo Leadership and Structure

Information about the leadership team and organizational structure of Above Food Ingredients Inc. is limited due to the company being delisted and no longer publicly reporting.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Plant-Based Protein Ingredients: Ingredients include pea protein, oat protein, and lentil protein used in various food applications. Market share data is unavailable, but competitors include Roquette, Ingredion, and Puris.
  • Plant-Based Meat Alternatives: Included plant-based burgers, sausages, and other meat substitutes. Market share data is unavailable, but competitors include Beyond Meat, Impossible Foods, and Maple Leaf Foods.
  • Plant-Based Dairy Alternatives: Offered plant-based milk, yogurt, and cheese alternatives. Market share data is unavailable, but competitors include Oatly, Danone (Alpro), and Califia Farms.

Market Dynamics

industry overview logo Industry Overview

The plant-based food industry has seen significant growth in recent years, driven by increasing consumer awareness of health and environmental concerns. The industry is becoming more competitive, with both established food companies and new entrants vying for market share.

Positioning

Above Food Ingredients Inc. aimed to position itself as a vertically integrated plant-based food company, controlling the entire value chain from ingredient sourcing to consumer products. However, they struggled against larger more established companies.

Total Addressable Market (TAM)

The global plant-based food market is estimated to reach hundreds of billions of dollars in the coming years. Above Food Ingredients Inc. aimed to capture a portion of this market by offering a wide range of plant-based products and ingredients. Their position with respect to the TAM was limited by their relatively small size and financial constraints.

Upturn SWOT Analysis

Strengths

  • Vertically integrated supply chain
  • Wide range of plant-based products
  • Proprietary processing technologies

Weaknesses

  • Limited financial resources
  • Lack of brand recognition compared to larger competitors
  • Inconsistent profitability

Opportunities

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

Threats

  • Intense competition from established players
  • Fluctuations in commodity prices
  • Changing consumer preferences

Competitors and Market Share

Key competitor logo Key Competitors

  • BYND
  • OTLY
  • ADM

Competitive Landscape

Above Food Ingredients Inc. faced significant challenges in competing with larger, more established players in the plant-based food industry. It's competitive advantage of vertical integration was not enough to overcome the advantages its competitors had in terms of market presence and access to capital.

Major Acquisitions

Farmer Direct Organic

  • Year: 2020
  • Acquisition Price (USD millions): 37
  • Strategic Rationale: Acquired Farmer Direct Organic to strengthen its supply chain and expand its access to organic ingredients.

Growth Trajectory and Initiatives

Historical Growth: Historical growth data is limited due to the lack of publicly available information.

Future Projections: Future growth projections are not available due to the company's delisting.

Recent Initiatives: Recent initiatives included expanding its product line and partnerships with food manufacturers, but these efforts were insufficient to maintain its stock listing.

Summary

Above Food Ingredients Inc. struggled to compete in the competitive plant-based food market despite its vertically integrated model. The company faced financial constraints and lacked the brand recognition of larger competitors. Growing demand for plant-based foods presented opportunities, but intense competition posed threats. Ultimately, the company failed to achieve profitability and was delisted. The company needs to look out for market volatility and competitive actions of the larger more established companies.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company press releases
  • Industry reports
  • Third-party financial data providers (where available)

Disclaimers:

The information provided is based on publicly available data and may be incomplete or inaccurate due to the company's delisting. This analysis is for informational purposes only and does not constitute investment advice.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries 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.