Above Food Ingredients Common Stock (ABVE) Financial Statements
Price: $0.485
Market Cap: $13.84M
Avg Volume: 409.41K
Market Cap: $13.84M
Avg Volume: 409.41K
Country: CA
Industry: Packaged Foods
Sector: Consumer Defensive
Industry: Packaged Foods
Sector: Consumer Defensive
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Above Food Ingredients Common Stock.
Income Statement
| Breakdown | January 31, 2024 | January 31, 2023 | January 31, 2022 | December 31, 2020 |
|---|---|---|---|---|
| Revenue | $368.42M | $396.46M | $198.86M | $- |
| Cost of Revenue | $374.32M | $397.74M | $190.95M | $- |
| Gross Profit | $-5.90M | $-1.28M | $7.91M | $- |
| Gross Profit Ratio | -1.60% | -0.32% | 3.98% | 0.00% |
| Research and Development Expenses | $171.85K | $430.67K | $235.09K | $- |
| General and Administrative Expenses | $29.60M | $26.11M | $10.28M | $- |
| Selling and Marketing Expenses | $742.62K | $1.53M | $551.86K | $- |
| Selling General and Administrative Expenses | $30.35M | $1.12M | $10.83M | $1.02K |
| Other Expenses | $5.68M | $-206.05K | $-200.70K | $- |
| Operating Expenses | $36.20M | $1.33M | $200.70K | $1.02K |
| Cost and Expenses | $410.52M | $1.33M | $200.71K | $1.02K |
| Interest Income | $245.26K | $296.48K | $82.29K | $- |
| Interest Expense | $7.67M | $5.38M | $2.09M | $- |
| Depreciation and Amortization | $3.61M | $2.96M | $1.37M | $- |
| EBITDA | $-38.25M | $-36.43M | $-2.42M | $-1.02K |
| EBITDA Ratio | -10.38% | -9.19% | -1.22% | - |
| Operating Income | $-42.10M | $-1.33M | $-200.70K | $-1.02K |
| Operating Income Ratio | -11.43% | -0.34% | -0.10% | - |
| Total Other Income Expenses Net | $-7.42M | $-5.08M | $-1.86M | $-3 |
| Income Before Tax | $-49.52M | $1.47M | $-798.33K | $-1.02K |
| Income Before Tax Ratio | -13.44% | 0.37% | -0.40% | - |
| Income Tax Expense | $495.32K | $477.78K | $-95.09K | $- |
| Net Income | $-53.31M | $991.84K | $-798.33K | $-1.02K |
| Net Income Ratio | -14.47% | 0.25% | -0.40% | - |
| EPS | $-6.21 | $0.04 | $-0.03 | $0.00 |
| EPS Diluted | $-6.21 | $0.04 | $-0.03 | $0.00 |
| Weighted Average Shares Outstanding | 8.59M | 24.89M | 25.61M | 22.46M |
| Weighted Average Shares Outstanding Diluted | 8.59M | 24.89M | 25.61M | 22.46M |
| SEC Filing | Source | Source | Source | Source |
Balance Sheet
| Breakdown | January 31, 2024 | January 31, 2023 | January 31, 2022 | December 31, 2020 |
|---|---|---|---|---|
| Cash and Cash Equivalents | $952.28K | $86.52K | $89.39K | $42.08K |
| Short Term Investments | $24.96M | $- | $- | $- |
| Cash and Short Term Investments | $952.28K | $86.52K | $89.39K | $42.08K |
| Net Receivables | $24.70M | $35.71M | $27.18M | $- |
| Inventory | $26.01M | $47.92M | $50.39M | $- |
| Other Current Assets | $16.77M | $16.54M | $26.80M | $- |
| Total Current Assets | $68.44M | $125.42K | $499.71K | $42.08K |
| Property Plant Equipment Net | $65.55M | $64.56M | $55.95M | $- |
| Goodwill | $871.17K | $- | $2.54M | $- |
| Intangible Assets | $2.45M | $2.94M | $562.07K | $- |
| Goodwill and Intangible Assets | $3.32M | $2.94M | $3.10M | $- |
| Long Term Investments | $5.87M | $30.29M | $200.01M | $- |
| Tax Assets | $- | $- | $- | $- |
| Other Non-Current Assets | $711.00K | $-67.49M | $-59.05M | $225.63K |
| Total Non-Current Assets | $75.45M | $30.29M | $200.01M | $225.63K |
| Other Assets | $- | $- | $- | $- |
| Total Assets | $143.89M | $30.42M | $200.51M | $267.71K |
| Account Payables | $53.10M | $47.40M | $34.84M | $- |
| Short Term Debt | $81.46M | $78.51M | $48.74M | $83.00K |
| Tax Payables | $- | $426.87K | $- | $- |
| Deferred Revenue | $8.68M | $2.67M | $588.74K | $- |
| Other Current Liabilities | $10.61M | $-267.66M | $16.22M | $153.81K |
| Total Current Liabilities | $153.85M | $1.25M | $506.43K | $236.81K |
| Long Term Debt | $36.05M | $37.10M | $35.91M | $- |
| Deferred Revenue Non-Current | $- | $-37.10M | $-35.99M | $- |
| Deferred Tax Liabilities Non-Current | $247.07K | $50.91K | $78.68K | $- |
| Other Non-Current Liabilities | $- | $- | $-35.84M | $- |
| Total Non-Current Liabilities | $36.30M | $67.41K | $145.75K | $- |
| Other Liabilities | $- | $- | $1 | $- |
| Total Liabilities | $190.15M | $1.31M | $652.18K | $236.81K |
| Preferred Stock | $- | $- | $- | $- |
| Common Stock | $781 | $29.87M | $200.00M | $642 |
| Retained Earnings | $-103.88M | $-4.42M | $-5.41M | $-1.02K |
| Accumulated Other Comprehensive Income Loss | $167.72K | $47.94K | $- | $- |
| Other Total Stockholders Equity | $57.45M | $79.63M | $204.94M | $31.28K |
| Total Stockholders Equity | $-46.26M | $29.11M | $199.86M | $30.90K |
| Total Equity | $-46.26M | $29.11M | $199.86M | $30.90K |
| Total Liabilities and Stockholders Equity | $143.89M | $30.42M | $200.51M | $267.71K |
| Minority Interest | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $143.89M | $30.42M | $200.51M | $267.71K |
| Total Investments | $30.83M | $30.29M | $200.01M | $- |
| Total Debt | $117.51M | $332.55K | $84.65M | $83.00K |
| Net Debt | $116.55M | $246.04K | $84.56M | $40.92K |
Cash Flow Statement
| Breakdown | January 31, 2024 | January 31, 2023 | January 31, 2022 | December 31, 2020 |
|---|---|---|---|---|
| Net Income | $-53.31M | $991.84K | $-798.33K | $-1.02K |
| Depreciation and Amortization | $3.61M | $2.96M | $1.37M | $- |
| Deferred Income Tax | $- | $-78.68K | $-95.09K | $- |
| Stock Based Compensation | $3.09M | $6.91M | $- | $- |
| Change in Working Capital | $44.25M | $829.02K | $-24.36K | $589 |
| Accounts Receivables | $9.81M | $-8.71M | $-9.77M | $- |
| Inventory | $21.91M | $5.55M | $-25.99M | $- |
| Accounts Payables | $- | $- | $- | $- |
| Other Working Capital | $12.53M | $829.02K | $-24.36K | $589 |
| Other Non Cash Items | $9.51M | $-2.80M | $-121.36K | $- |
| Net Cash Provided by Operating Activities | $7.15M | $-978.98K | $-944.05K | $-435 |
| Investments in Property Plant and Equipment | $-3.65M | $-2.72M | $-22.13M | $- |
| Acquisitions Net | $-1.59M | $-6.54M | $-4.03M | $- |
| Purchases of Investments | $- | $- | $-200.00M | $- |
| Sales Maturities of Investments | $- | $- | $- | $- |
| Other Investing Activities | $723.80K | $172.15M | $-4.43M | $- |
| Net Cash Used for Investing Activities | $-4.52M | $172.15M | $-200.00M | $- |
| Debt Repayment | $-1.85M | $23.70M | $28.56M | $- |
| Common Stock Issued | $-1.26M | $-171.74M | $200.00K | $31.92K |
| Common Stock Repurchased | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- |
| Other Financing Activities | $-2.16M | $-194.87M | $-1.56M | $42.52K |
| Net Cash Used Provided by Financing Activities | $-4.01M | $-171.17M | $201.00M | $42.52K |
| Effect of Forex Changes on Cash | $- | $- | $- | $- |
| Net Change in Cash | $-1.38M | $-2.88K | $56.44K | $42.08K |
| Cash at End of Period | $952.28K | $86.52K | $89.39K | $42.08K |
| Cash at Beginning of Period | $2.33M | $89.39K | $32.96K | $- |
| Operating Cash Flow | $7.15M | $-978.98K | $-944.05K | $-435 |
| Capital Expenditure | $-3.65M | $-2.72M | $-22.13M | $- |
| Free Cash Flow | $3.50M | $-3.70M | $-23.08M | $-435 |