Above Food Ingredients (ABVE) Raises FY2026 Profit Outlook Above $40M

Above Food Ingredients Inc. (NASDAQ:ABVE) is one of the best performing micro cap stocks in 2025. On December 12, Above Food Ingredients Inc. (NASDAQ:ABVE) raised its profit guidance for FY2026 to over $40 million from the prior $30 million. The company cited improved operations from restructuring that positions it for sustainable growth. Management also used this opportunity to update on its delayed FY2025 audit.

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According to the company, the audit for FY2025, which ended January 31, 2025, faced setbacks from team illnesses and the holiday season. This pushed completion to shortly after the new year and forced the company to request a 180-day extension from NASDAQ for its Form 20-F filing. But despite the delay, management highlighted a positive relationship with auditors and progress in an ongoing restructuring.

This update is a follow up to the November 28 update, where the company announced that it had eliminated all corporate debt. It also revealed that it expected over $30 million in profit for the financial year ending January 31, 2026. The company also used the opportunity to inform investors that it had appointed a new auditor with expertise in digital asset tokenization and stablecoin infrastructure and was targeting completion of its audit and filing of Form 20‑F by December 12.

Above Food Ingredients Inc. (NASDAQ:ABVE) is a vertically integrated plant-based food company. It develops, manufactures, and distributes sustainable ingredients and consumer products. Its operations span regenerative agriculture, seed genetics, ingredient processing, and branded consumer goods.

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Disclosure: None. This article is originally published at Insider Monkey.