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ABVE (Above Food Ingredients) Net Margin % : -23.91% (As of Jan. 2024)


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What is Above Food Ingredients Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Above Food Ingredients's Net Income for the three months ended in Jan. 2024 was $-16.87 Mil. Above Food Ingredients's Revenue for the three months ended in Jan. 2024 was $70.56 Mil. Therefore, Above Food Ingredients's net margin for the quarter that ended in Jan. 2024 was -23.91%.

The historical rank and industry rank for Above Food Ingredients's Net Margin % or its related term are showing as below:


ABVE's Net Margin % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 3.565
* Ranked among companies with meaningful Net Margin % only.

Above Food Ingredients Net Margin % Historical Data

The historical data trend for Above Food Ingredients's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Above Food Ingredients Net Margin % Chart

Above Food Ingredients Annual Data
Trend Jan22 Jan23 Jan24
Net Margin %
-2.91 -11.47 -14.47

Above Food Ingredients Quarterly Data
Jan22 Oct22 Jan23 Oct23 Jan24
Net Margin % - - -8.94 - -23.91

Competitive Comparison of Above Food Ingredients's Net Margin %

For the Packaged Foods subindustry, Above Food Ingredients's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Above Food Ingredients's Net Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Above Food Ingredients's Net Margin % distribution charts can be found below:

* The bar in red indicates where Above Food Ingredients's Net Margin % falls into.


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Above Food Ingredients Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Above Food Ingredients's Net Margin for the fiscal year that ended in Jan. 2024 is calculated as

Net Margin=Net Income (A: Jan. 2024 )/Revenue (A: Jan. 2024 )
=-39.717/274.471
=-14.47 %

Above Food Ingredients's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=-16.873/70.563
=-23.91 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Above Food Ingredients  (NAS:ABVE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Above Food Ingredients Net Margin % Related Terms

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Above Food Ingredients Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Above Food Ingredients Inc (NAS:ABVE) » Definitions » Net Margin %
Comparable Companies
DDC NCRA HCWC INBP BOF WYGC IMG RKDA LIMX ATPC XSWX:NESN XPAR:BN KHC GIS SHSE:603288 K NSE:NESTLEIND SHSE:600887 SZSE:300999 MKC
Traded in Other Exchanges
N/A
Address
2305 Victoria Avenue, Saskatchewan, Regina, SK, CAN, S4P0S7
Website
https://www.abovefood.com
Above Food Ingredients Inc is a differentiated, regenerative ingredient company. Its products are made with real nutritious, flavorful ingredients and delivered with transparency. Its vision is to create a healthier world one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, and proprietary seed development capabilities that leverage the power of artificial intelligence driven genomics. The company delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food's consumer products and brands are available in grocers across Canada and the United States.