Above Gross Profit from 2010 to 2024

ABVE Stock   0.67  0.02  2.90%   
Above Food's Gross Profit is decreasing over the years with slightly volatile fluctuation. Overall, Gross Profit is projected to go to about -5.6 M this year. Gross Profit is the profit Above Food Ingredients makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
-5.9 M
Current Value
-5.6 M
Quarterly Volatility
5.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Above Food financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Above Food's main balance sheet or income statement drivers, such as Other Operating Expenses of 431 M, Total Operating Expenses of 38 M or Tax Provision of 0.0, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0 or PTB Ratio of 8.8 K. Above financial statements analysis is a perfect complement when working with Above Food Valuation or Volatility modules.
  
Check out the analysis of Above Food Correlation against competitors.

Latest Above Food's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Above Food Ingredients over the last few years. Gross profit is a required income statement account that reflects total revenue of Above Food Ingredients minus its cost of goods sold. It is profit before Above Food operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Above Food's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Above Food's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Above Gross Profit Regression Statistics

Arithmetic Mean5,477,953
Coefficient Of Variation93.72
Mean Deviation3,895,474
Median7,912,624
Standard Deviation5,134,139
Sample Variance26.4T
Range13.8M
R-Value(0.70)
Mean Square Error14.7T
R-Squared0.48
Significance0
Slope(798,016)
Total Sum of Squares369T

Above Gross Profit History

2024-5.6 M
2023-5.9 M
2022-1.3 M

Other Fundumenentals of Above Food Ingredients

Above Food Gross Profit component correlations

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0.510.090.36-0.39-0.390.130.96-0.35-0.310.340.250.20.38-0.13-0.28-0.320.35-0.220.37
0.890.09-0.890.880.880.750.360.770.73-0.8-0.49-0.51-0.840.360.660.75-0.810.56-0.83
-0.620.36-0.89-1.0-1.0-0.710.08-0.92-0.870.940.490.640.97-0.47-0.8-0.860.94-0.690.93
0.58-0.390.88-1.01.00.67-0.120.890.86-0.93-0.52-0.62-0.960.450.780.87-0.940.67-0.95
0.58-0.390.88-1.01.00.67-0.120.890.85-0.93-0.52-0.62-0.960.450.780.87-0.930.67-0.95
0.760.130.75-0.710.670.670.350.80.9-0.850.18-0.89-0.690.820.910.78-0.850.91-0.58
0.730.960.360.08-0.12-0.120.35-0.09-0.070.090.120.020.120.0-0.05-0.080.09-0.030.11
0.58-0.350.77-0.920.890.890.8-0.090.93-0.92-0.23-0.75-0.970.560.880.76-0.940.8-0.73
0.54-0.310.73-0.870.860.850.9-0.070.93-0.98-0.01-0.93-0.860.810.990.91-0.980.95-0.77
-0.560.34-0.80.94-0.93-0.93-0.850.09-0.92-0.980.160.870.9-0.75-0.96-0.951.0-0.90.87
-0.240.25-0.490.49-0.52-0.520.180.12-0.23-0.010.16-0.350.470.50.12-0.130.180.290.52
-0.40.2-0.510.64-0.62-0.62-0.890.02-0.75-0.930.87-0.350.61-0.97-0.97-0.850.86-1.00.58
-0.590.38-0.840.97-0.96-0.96-0.690.12-0.97-0.860.90.470.61-0.4-0.78-0.760.91-0.670.83
0.29-0.130.36-0.470.450.450.820.00.560.81-0.750.5-0.97-0.40.880.79-0.730.94-0.47
0.5-0.280.66-0.80.780.780.91-0.050.880.99-0.960.12-0.97-0.780.880.9-0.950.99-0.71
0.49-0.320.75-0.860.870.870.78-0.080.760.91-0.95-0.13-0.85-0.760.790.9-0.940.86-0.91
-0.570.35-0.810.94-0.94-0.93-0.850.09-0.94-0.981.00.180.860.91-0.73-0.95-0.94-0.890.87
0.44-0.220.56-0.690.670.670.91-0.030.80.95-0.90.29-1.0-0.670.940.990.86-0.89-0.61
-0.510.37-0.830.93-0.95-0.95-0.580.11-0.73-0.770.870.520.580.83-0.47-0.71-0.910.87-0.61
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About Above Food Financial Statements

Above Food stakeholders use historical fundamental indicators, such as Above Food's Gross Profit, to determine how well the company is positioned to perform in the future. Although Above Food investors may analyze each financial statement separately, they are all interrelated. For example, changes in Above Food's assets and liabilities are reflected in the revenues and expenses on Above Food's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Above Food Ingredients. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit-5.9 M-5.6 M
Gross Profit Margin(0.02)(0.02)

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When determining whether Above Food Ingredients is a strong investment it is important to analyze Above Food's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Above Food's future performance. For an informed investment choice regarding Above Stock, refer to the following important reports:
Check out the analysis of Above Food Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Agricultural Products & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Above Food. If investors know Above will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Above Food listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.52)
Revenue Per Share
4.753
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.16)
The market value of Above Food Ingredients is measured differently than its book value, which is the value of Above that is recorded on the company's balance sheet. Investors also form their own opinion of Above Food's value that differs from its market value or its book value, called intrinsic value, which is Above Food's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Above Food's market value can be influenced by many factors that don't directly affect Above Food's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Above Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Above Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Above Food's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.