ABVEFOTCFood and Kindred ProductsUS GAAP · USD

Above Food Ingredients Inc.

Above Food Ingredients Inc. is a U.S.-listed agricultural and food technology company based in Regina, Saskatchewan. Its business centers on plant proteins, proprietary seed development, and AI-enabled genomics and agronomy capabilities, with additional exposure to financial technology through Palm.

Business

Share of revenue
Plant protein ingredients45 %

Protein ingredients and food inputs built around the company’s chain of custody for plant-based supply.

Seed development and genetics25 %

Proprietary seed breeding and seed development capabilities for agricultural use.

AI genomics and agronomy15 %

Data-driven tools and services used to improve crop and seed performance.

Food technology platforms10 %

Technology-enabled agriculture and food solutions supporting the broader supply chain.

Financial technologies5 %

Palm-branded financial technology activities adjacent to the food and agriculture platform.

Customers

Above Food serves buyers across the agricultural and food supply chain, including food manufacturers, ingredient users, and partners that need traceable plant-protein inputs. Its seed and agronomy capabilities also point to customers and counterparties in farming and upstream agricultural production. The Palm financial technology element suggests an additional set of platform users or partners tied to agricultural commerce and financial services.

Food and ingredient customers

Buy plant-protein inputs and food ingredients for use in packaged food and formulation.

Agriculture and seed partners

Use proprietary seed development, genetics, and agronomy capabilities to improve crop outcomes.

Technology and platform users

Adopt the company’s AI-enabled genomics, agronomy, and related food-tech solutions.

Financial technology counterparties

Engage with Palm-related financial technologies tied to the company’s broader ecosystem.

Strategy

Above Food’s strategy is built around combining plant proteins, seed genetics, and AI-enabled agronomy to create an integrated food-and-agriculture platform. The company also references Palm financial technologies, suggesting a broader ecosystem approach that links agricultural production with adjacent technology capabilities. Maintaining traceable supply chains and proprietary biological and data assets appears central to its competitive position.

Complete filings and restore market accessShort term

Public-market access is important for financing, credibility, and investor reach.

Develop integrated plant-protein supply chainMedium term

Traceability and chain of custody can support customer trust and product differentiation.

Advance seed genetics and AI agronomyMedium term

Proprietary biological and data assets can improve crop outcomes and create defensibility.

Broaden the platform with financial technologyLong term

Palm may provide adjacent monetization and ecosystem breadth beyond ingredients alone.

Geography

The company is headquartered in Regina, Saskatchewan, while its securities have traded in the United States on Nasdaq. Its operating model appears to span North American agricultural and food markets, with the company describing a global ambition around plant proteins and food security. Geography matters because seed, ingredient, and agronomy businesses are tied to local farming conditions, supply chains, and regulatory frameworks.

Risks

The most immediate company-specific risk is disclosure and listing compliance, as delayed filings can affect trading status and market access. Operationally, the business depends on successfully scaling biological, agricultural, and technology capabilities across supply chains that are sensitive to execution, weather, and commodity cycles. The broader food and agriculture technology model also faces commercialization, regulatory, and adoption risk.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →SEC filing and Nasdaq compliance failure1Trading suspension and delisting impact2Agricultural supply chain execution3Technology commercialization risk4
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. SEC filing and Nasdaq compliance failureImpact: HighLikelihood: High

    The company disclosed missed filing deadlines and a Nasdaq delisting determination.

    Exposure: Audited annual and interim reports

  2. Trading suspension and delisting impactImpact: HighLikelihood: High

    Suspension or OTC quotation can reduce liquidity and investor access.

    Exposure: Common shares and warrants

  3. Agricultural supply chain executionImpact: MediumLikelihood: Medium

    Seed, protein, and agronomy businesses rely on farming input quality and logistics.

    Exposure: Plant proteins and seed development

  4. Technology commercialization riskImpact: MediumLikelihood: Medium

    AI genomics and financial technologies may take longer to monetize than expected.

    Exposure: AI agronomy and Palm

Accounting

Judgemental items
Delayed audit and filing process

The company’s financial reporting was not filed on time, affecting disclosure reliability and market access.

Impact: Can delay audited financial statements and reduce confidence in reported results

Intangible asset and development cost valuation

Seed development and AI-enabled capabilities may involve capitalized or acquired intangibles.

Impact: Could affect amortization, impairment, and book value

Revenue recognition across mixed activities

Ingredient, seed, technology, and fintech activities may have different recognition patterns.

Impact: Could create timing differences across periods

Publicly listed companies with a comparable business focus.

Last updated: 28/09/2026