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0.000448430493273493 0.00224215246636786 0.00896860986547086 0.00672645739910319 0.00448430493273553 0.0134529147982064 0.0426008968609866 0.0448430493273543
Stock impact report

Above Food Ingredients (ABVE) Raises FY2026 Profit Outlook Above $40M [Yahoo! Finance]

Above Food Ingredients Inc. (ABVE) 
Company Research Source: Yahoo! Finance
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. Copyright: nicoletaionescu / 123RF Stock Photo 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 t Show less Read more
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