See more : Selvita S.A. (SLV.WA) Income Statement Analysis – Financial Results
Complete financial analysis of Akanda Corp. (AKAN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Akanda Corp., a leading company in the Drug Manufacturers – Specialty & Generic industry within the Healthcare sector.
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Akanda Corp. (AKAN)
Industry: Drug Manufacturers - Specialty & Generic
Sector: Healthcare
Website: https://www.akandacorp.com
About Akanda Corp.
Akanda Corp., through its subsidiaries, engages in the cultivation, manufacture, and distribution of cannabis products in the United Kingdom, Lesotho, and internationally. It intends to supply cannabis based medical and wellness products. The company was incorporated in 2021 and is headquartered in New Romney, the United Kingdom.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 2.16M | 2.62M | 41.43K | 2.06K | 0.00 |
| Cost of Revenue | 2.05M | 649.88K | 756.16K | 1.81K | 198.82K |
| Gross Profit | 111.45K | 1.97M | -714.73K | 253.00 | -198.82K |
| Gross Profit Ratio | 5.16% | 75.19% | -1,725.10% | 12.27% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 5.88M | 19.85M | 5.81M | 1.36M | 702.41K |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 5.88M | 19.85M | 5.81M | 1.36M | 702.41K |
| Other Expenses | 4.28M | 3.60M | 309.02K | 307.30K | 198.82K |
| Operating Expenses | 10.16M | 23.45M | 6.12M | 1.67M | 901.24K |
| Cost & Expenses | 12.21M | 22.80M | 6.88M | 1.67M | 901.24K |
| Interest Income | 39.00 | 886.00 | 26.75K | 10.19K | 401.00 |
| Interest Expense | 255.66K | 115.32K | 1.09M | 645.16K | 493.81K |
| Depreciation & Amortization | 4.28M | 3.60M | 309.02K | 248.74K | 198.82K |
| EBITDA | -27.74M | -4.52M | -2.15M | -1.41M | -702.01K |
| EBITDA Ratio | -1,284.03% | -626.47% | -15,683.67% | -68,212.22% | 0.00% |
| Operating Income | -10.05M | -20.18M | -6.83M | -1.67M | -901.24K |
| Operating Income Ratio | -465.33% | -770.18% | -16,494.24% | -80,787.34% | 0.00% |
| Total Other Income/Expenses | -22.22M | 11.94M | 96.45K | -634.87K | -493.41K |
| Income Before Tax | -32.28M | -8.24M | -8.13M | -2.30M | -1.39M |
| Income Before Tax Ratio | -1,494.18% | -314.37% | -19,625.88% | -111,569.88% | 0.00% |
| Income Tax Expense | 0.00 | -8.63M | 1.09M | 645.40K | 493.81K |
| Net Income | -32.28M | 397.05K | -9.22M | -2.95M | -1.89M |
| Net Income Ratio | -1,494.18% | 15.16% | -22,263.84% | -142,869.59% | 0.00% |
| EPS | -7.16 | 4.59 | -127.66 | -40.77 | -26.14 |
| EPS Diluted | -7.16 | 4.59 | -127.66 | -40.77 | -26.14 |
| Weighted Avg Shares Out | 4.51M | 86.59K | 72.26K | 72.26K | 72.26K |
| Weighted Avg Shares Out (Dil) | 4.51M | 86.59K | 72.26K | 72.26K | 72.26K |
Akanda Receives Additional 180 Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Rule
London, United Kingdom--(Newsfile Corp. - January 4, 2024) - International medical cannabis platform company Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company") an Ontario company, announced today it received an extension of 180 calendar days from The Nasdaq Stock Market...
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Why Is Akanda (AKAN) Stock Up 114% Today?
Akanda (NASDAQ: AKAN ) stock is on the rise Wednesday after the cannabis company released its annual report. Akanda originally filed a notice with the Securities and Exchange Commission (SEC) yesterday noting that it would be late in filing its...
Why Is Akanda (AKAN) Stock Up 31% Today?
Akanda (NASDAQ: AKAN ) stock is on the rise Friday as the company's shares continue a rally that started yesterday. That rally was kicked off by an update from the U.S. Food and Drug Administration (FDA).
Why Is Akanda (NASDAQ:AKAN) Stock Up 200% Today?
Shares of cannabis specialist Akanda (NASDAQ: AKAN ) skyrocketed 200% this morning before significantly paring back gains. With AKAN stock still up more than 60% this afternoon, though, today's move remains impressive.
Founder of Aurora Cannabis Terry Booth, Joins Akanda as Chair of Advisory Board
LONDON--(BUSINESS WIRE)--International cannabis company Akanda Corp. ("Akanda" or the “Company”) (NASDAQ: AKAN) today announced that Terry Booth, the founder of Aurora Cannabis Inc. (“Aurora Cannabis”) (NASDAQ:ACB) has joined Akanda as a Chair of Akanda's newly formed Advisory Board. Terry Booth...
Source: https://incomestatements.info
Category: Stock Reports