Above Food Ingredients EBIT

Above Food Ingredients posts a EBIT of $-13M as of July 2024. That compares with $-3.9M in the prior-year period — down 234.3% year over year. That is above the sector sector average of $-26M. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Above Food Ingredients's EBIT was $-3.9M. The latest reading is $-13M — a 234.3% year-over-year decrease (period ending July 2024). Use the history and growth charts on this page for a longer lookback.

For its sector stocks, a EBIT near $-26M is typical. Above Food Ingredients's $-13M is higher that level. That is roughly 50.2% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

EBIT is one piece of Above Food Ingredients's financial statement story. At $-13M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for ABVE's EBIT usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $-26M), and (3) consistency with growth and profitability. This page covers the first two; Above Food Ingredients's other metric pages and overview cover the third.