NASDAQ : AKAN
Akanda Corp. — Financial statements
Healthcare · Drug Manufacturers - Specialty & Generic · Canada
Last price 1.04 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 2.75M
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Financial statements
Akanda Corp. (AKAN) reported revenue of 662.47K USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 662.47K | 258.07K | 423.68K | 2.62M | 41.43K | |
| Cost of Revenue | 741.90K | 414.10K | 364.35K | -649.88K | 43.02K | |
| Gross Profit | -79.43K | -156.02K | 59.34K | 3.27M | -1.59K | |
| Selling, General & Admin | 7.67M | 4.39M | 3.89M | 3.51M | 19.85M | 2.57M |
| Operating Expenses | 8.23M | 4.83M | 4.03M | 3.72M | 23.45M | 2.57M |
| Operating Income | -8.31M | -4.98M | -4.03M | -3.66M | -20.18M | -2.57M |
| Interest Expense | -1.77M | -925.09K | -81.08K | -121.40K | -115.32K | -10.51K |
| Interest & Investment Income | 2.95K | 39.00 | 886.00 | 90.00 | ||
| Currency Exchange Gain (Loss) | -188.33K | 273.61K | -132.84K | 41.71K | -256.43K | 106.81K |
| Other Non Operating Income (Expenses) | -419.87K | -350.00K | 74.45K | 7.05K | 659.00 | 54.00 |
| EBT Excluding Unusual Items | -10.68M | -5.98M | -4.17M | -3.73M | -20.55M | -2.47M |
| Gain (Loss) on Sale of Investments | 1.75M | 1.75M | -264.65K | -516.28K | ||
| Gain (Loss) on Sale of Assets | 198.78K | |||||
| Asset Writedown | -44.81M | -44.81M | ||||
| Other Unusual Items | 1.54M | 1.68M | 656.10K | 283.67K | 12.83M | |
| Pretax Income | -52.21M | -47.37M | -3.31M | -3.71M | -8.24M | -2.47M |
| Earnings From Continuing Operations | -52.21M | -47.37M | -3.31M | -3.71M | -8.24M | -2.47M |
| Earnings From Discontinued Operations | -81.69K | 507.60K | -784.21K | -28.56M | -3.42M | -5.66M |
| Net Income to Company | -52.29M | -46.86M | -4.10M | -32.28M | -11.66M | -8.13M |
| Minority Interest in Earnings | 1.26M | 1.21M | ||||
| Net Income | -51.04M | -45.65M | -4.10M | -32.28M | -11.66M | -8.13M |
| Net Income to Common | -51.04M | -45.65M | -4.10M | -32.28M | -11.66M | -8.13M |
| Shares Outstanding (Basic) | 785.64K | 68.94K | 14.82K | |||
| Shares Outstanding (Diluted) | 785.64K | 68.94K | 14.82K | |||
| EPS (Basic) | -64.96 | -662.22 | -276.40 | |||
| EPS (Diluted) | -64.96 | -662.22 | -276.40 | |||
| Free Cash Flow | -12.05M | -7.96M | -6.08M | -1.50M | -11.78M | -7.13M |
| Free Cash Flow Per Share | -15.34 | -115.51 | -410.18 | |||
| Gross Margin | -11.99% | -60.46% | 14.01% | 124.81% | -3.84% | |
| Operating Margin | -1,254.54% | -1,930.99% | -863.57% | -770.19% | -6,203.45% | |
| Profit Margin | -7,703.83% | -17,690.19% | -7,617.74% | -445.00% | -19,625.88% | |
| Free Cash Flow Margin | -1,819.14% | -3,085.58% | -354.53% | -449.69% | -17,217.87% | |
| EBITDA | -7.91M | -4.70M | -4.01M | 411.98K | -16.67M | -2.53M |
| EBITDA Margin | 97.24% | |||||
| D&A For EBITDA | 401.72K | 279.99K | 19.22K | 4.07M | 3.50M | 39.24K |
| EBIT | -8.31M | -4.98M | -4.03M | -3.66M | -20.18M | -2.57M |
| Advertising Expenses | 2.14M | 724.78K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 755.24K | 503.56K | 3.84M | 82.82K | 228.79K | 3.50M |
| Short-Term Investments | 263.69K | |||||
| Cash & Short-Term Investments | 755.24K | 503.56K | 3.84M | 82.82K | 492.49K | 3.50M |
| Accounts Receivable | 118.22K | 97.63K | 356.11K | 155.78K | 720.09K | 29.46K |
| Other Receivables | 1.54M | 1.30M | 14.43K | 128.73K | 515.53K | 212.90K |
| Receivables | 1.66M | 1.40M | 822.07K | 284.51K | 1.24M | 242.36K |
| Inventory | 1.29M | 1.06M | ||||
| Prepaid Expenses | 388.31K | 3.58K | 60.40K | 140.58K | 199.49K | 242.53K |
| Restricted Cash | 574.00 | 3.22K | 11.06K | 27.01K | ||
| Other Current Assets | 1.69M | 331.25K | 809.18K | |||
| Total Current Assets | 2.80M | 3.60M | 5.06M | 1.81M | 3.82M | 3.98M |
| Property, Plant & Equipment | 3.64M | 2.59M | 2.34M | 2.64M | 12.48M | 3.81M |
| Other Intangible Assets | 15.83K | 3.80M | 22.21M | 259.10K | ||
| Total Assets | 6.43M | 6.20M | 7.91M | 8.84M | 39.00M | 8.05M |
| Accounts Payable | 3.58M | 2.67M | 2.74M | 5.13M | 7.14M | 680.33K |
| Accrued Expenses | 760.00K | 1.28M | 489.87K | 1.24M | 679.62K | |
| Short-Term Debt | 8.03M | 2.06M | 352.81K | 383.45K | 30.22K | |
| Current Portion of Long-Term Debt | 982.85K | 906.57K | 7.15M | |||
| Current Portion of Leases | 118.39K | 187.44K | 135.34K | 214.06K | 439.71K | |
| Other Current Liabilities | 57.30K | 2.31M | 377.46K | |||
| Total Current Liabilities | 12.48M | 6.20M | 3.64M | 10.17M | 9.35M | 8.27M |
| Long-Term Debt | 10.23M | 11.78M | 2.50M | 2.63M | ||
| Long-Term Leases | 199.16K | 208.68K | 116.76K | 1.98M | ||
| Total Liabilities | 22.91M | 18.19M | 3.64M | 12.67M | 12.10M | 10.25M |
| Common Stock | 95.92M | 94.61M | 63.32M | 51.02M | 49.43M | 7.26M |
| Retained Earnings | -109.29M | -103.09M | -57.46M | -53.36M | -21.09M | -13.29M |
| Comprehensive Income & Other | -1.85M | -2.30M | -1.58M | -1.49M | -1.45M | 3.84M |
| Total Common Equity | -15.22M | -10.79M | 4.28M | -3.83M | 26.90M | -2.20M |
| Minority Interest | -1.26M | -1.21M | ||||
| Shareholders' Equity | -16.47M | -11.99M | 4.28M | -3.83M | 26.90M | -2.20M |
| Total Liabilities & Equity | 6.43M | 6.20M | 7.91M | 8.84M | 39.00M | 8.05M |
| Total Debt | 18.57M | 14.24M | 352.81K | 4.00M | 3.90M | 9.57M |
| Net Cash (Debt) | -17.82M | -13.73M | 3.49M | -3.92M | -3.41M | -6.07M |
| Net Cash Per Share | -22.68 | -199.20 | 235.23 | |||
| Filing Date Shares Outstanding | 785.64K | 785.65K | 32.37K | |||
| Total Common Shares Outstanding | 785.64K | 692.03K | 29.12K | |||
| Working Capital | -9.68M | -2.60M | 1.42M | -8.37M | -5.53M | -4.29M |
| Book Value Per Share | -19.37 | -15.58 | 146.87 | |||
| Tangible Book Value | -15.22M | -10.79M | 4.26M | -7.63M | 4.69M | -2.46M |
| Tangible Book Value Per Share | -19.37 | -15.58 | 146.33 | |||
| Land | 315.62K | 315.62K | 2.21M | 617.34K | 885.24K | |
| Machinery | 179.93K | 176.64K | 16.36K | 4.73M | 12.40M | 652.45K |
| Construction In Progress | 348.57K | 345.49K | 464.25K | |||
| Leasehold Improvements | 136.62K | 141.69K | 136.66K | 1.54K | 1.09M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -51.04M | -45.65M | -4.10M | -32.28M | -11.66M | -8.13M |
| Depreciation & Amortization | 561.00K | 433.69K | 137.27K | 4.28M | 3.59M | 154.43K |
| Other Amortization | 7.53K | 7.55K | ||||
| Loss (Gain) From Sale of Assets | -198.78K | 4.50K | ||||
| Asset Writedown & Restructuring Costs | 44.81M | 44.81M | 24.67M | |||
| Loss (Gain) From Sale of Investments | -1.75M | -1.75M | 264.65K | 516.28K | ||
| Stock-Based Compensation | 1.55M | 839.90K | 5.18M | |||
| Other Operating Activities | -801.10K | -2.74M | -44.53K | 26.13M | -10.41M | 7.51M |
| Change in Accounts Receivable | -487.88K | 68.46K | -254.68K | 973.38K | -591.07K | -242.36K |
| Change in Inventory | 366.21K | 482.72K | 501.71K | -712.52K | ||
| Change in Accounts Payable | -676.21K | -1.21M | -733.36K | 1.54M | 2.92M | |
| Change in Other Net Operating Assets | -88.02K | -1.18M | -328.49K | 156.01K | -643.10K | 367.38K |
| Operating Cash Flow | -9.55M | -6.73M | -3.98M | -1.50M | -11.47M | -6.56M |
| Capital Expenditures | -2.50M | -1.23M | -2.10M | -1.50K | -310.95K | -576.47K |
| Sale of Property, Plant & Equipment | 110.41K | |||||
| Cash Acquisitions | -8.22M | -6.22M | -2.37M | |||
| Divestitures | 1.45M | |||||
| Investment in Securities | -801.16K | |||||
| Other Investing Activities | -174.00 | -739.95K | ||||
| Investing Cash Flow | -10.72M | -7.45M | -1.02M | 24.89K | -4.22M | -576.47K |
| Short-Term Debt Issued | 12.00M | 44.95K | 1.57M | |||
| Long-Term Debt Issued | 65.28K | 742.59K | 501.22K | 6.68M | ||
| Total Debt Issued | 19.00M | 12.00M | 110.24K | 2.31M | 501.22K | 6.68M |
| Short-Term Debt Repaid | -282.63K | -1.47M | ||||
| Long-Term Debt Repaid | -314.99K | -404.92K | -826.17K | -1.30M | -497.50K | |
| Lease Payments | -158.31K | -113.78K | -300.00K | -60.00K | -646.00K | -497.50K |
| Total Debt Repaid | -26.86K | -597.61K | -1.88M | -826.17K | -1.30M | -497.50K |
| Net Debt Issued (Repaid) | 18.97M | 11.40M | -1.77M | 1.49M | -794.44K | 6.18M |
| Issuance of Common Stock | 275.93K | 10.75M | 14.93M | 5.05M | ||
| Financing Cash Flow | 18.97M | 11.68M | 8.99M | 1.49M | 14.14M | 11.24M |
| Foreign Exchange Rate Adjustments | -479.83K | -835.11K | -244.91K | -172.81K | -1.69M | -620.27K |
| Net Cash Flow | -1.77M | -3.34M | 3.75M | -161.93K | -3.24M | 3.48M |
| Free Cash Flow | -12.05M | -7.96M | -6.08M | -1.50M | -11.78M | -7.13M |
| Free Cash Flow Margin | -1,819.14% | -3,085.58% | -354.53% | -449.69% | -17,217.87% | |
| Free Cash Flow Per Share | -15.34 | -115.51 | -410.18 | |||
| Levered Free Cash Flow | -7.43M | -5.71M | -7.86M | 4.84M | 395.34K | -1.91M |
| Unlevered Free Cash Flow | -6.32M | -5.13M | -7.81M | 4.91M | 467.42K | -1.90M |
| Free Cash Flow After Leases | -12.21M | -8.08M | -6.38M | -1.56M | -12.43M | -7.63M |
| Change in Working Capital | -1.25M | -2.32M | -950.31K | 3.15M | 2.18M | -587.50K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.75M | 333.02K | 2.28M | 1.77M | 4.82M | |
| Enterprise Value | 20.56M | -1.80M | -3.30M | 6.24M | 10.89M | |
| Last Close Price | 1.04 | 10.29 | 112.50 | 2,477.54 | 8,381.24 | |
| PS Ratio | 4.14 | 1.29 | 4.18 | 1.84 | ||
| PB Ratio | -0.03 | 0.53 | -0.46 | 0.18 | ||
| P/TBV Ratio | 0.54 | 1.03 | ||||
| EV/Sales Ratio | 31.04 | 14.74 | 4.16 | |||
| EV/EBITDA Ratio | 15.16 | |||||
| Debt / Equity Ratio | -1.13 | -1.19 | 0.08 | -1.04 | 0.14 | -4.35 |
| Debt / EBITDA Ratio | 6.48 | |||||
| Net Debt / Equity Ratio | -1.08 | -1.15 | -0.81 | -1.02 | 0.13 | -2.76 |
| Net Debt / EBITDA Ratio | -2.25 | -2.92 | 0.87 | 9.51 | -0.20 | -2.40 |
| Net Debt / FCF Ratio | -1.48 | -1.73 | 0.57 | -2.61 | -0.29 | -0.85 |
| Asset Turnover | 0.10 | 0.04 | 0.02 | 0.11 | 0.01 | |
| Inventory Turnover | 0.31 | |||||
| Quick Ratio | 0.19 | 0.31 | 1.16 | 0.04 | 0.18 | 0.45 |
| Current Ratio | 0.22 | 0.58 | 1.39 | 0.18 | 0.41 | 0.48 |
| Return on Equity (ROE) | -1,479.66% | -32.18% | -66.69% | |||
| Return on Assets (ROA) | -82.13% | -44.15% | -30.07% | -9.56% | -53.61% | -26.07% |
| Return on Capital Employed (ROCE) | 137.40% | 130,798.10% | -94.20% | 274.70% | -68.10% | 1,155.50% |
| Earnings Yield | -6,246.20% | -13,708.99% | -179.43% | -1,821.97% | -241.90% | |
| FCF Yield | -439.02% | -2,391.16% | -266.27% | -84.79% | -244.44% | |
| Buyback Yield / Dilution | -2,822.55% | -365.22% |