Financial Snapshot

Revenue
$6.250M
TTM
Gross Margin
57.9%
TTM
Net Earnings
-$52.40M
TTM
Current Assets
$1.806M
Q4 2023
Current Liabilities
$10.17M
Q4 2023
Current Ratio
17.75%
Q4 2023
Total Assets
Q4 2023
Total Liabilities
Q4 2023
Book Value
-$3.829M
Q4 2023
Cash
P/E
-0.04352
Sep 13, 2024 EST
Free Cash Flow
-$14.08M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $2.160M $2.620M $41.43K
YoY Change -17.55% 6223.15%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $2.160M $2.620M $41.43K
Cost Of Revenue $1.909M $566.3K $43.02K
Gross Profit $111.4K $3.270M -$1.590K
Gross Profit Margin 5.16% 124.81% -3.84%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin $5.879M $19.85M $5.810M
YoY Change -70.38% 241.61%
% of Gross Profit 5275.14% 607.04%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.284M $3.763M $309.0K
YoY Change 13.83% 1117.82%
% of Gross Profit 3843.67% 115.1%
Operating Expenses $10.16M $23.45M $6.119M
YoY Change -56.65% 283.17%
Operating Profit -$10.05M -$20.18M -$6.121M
YoY Change -50.18% 229.65%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense $14.64K -$887.2K -$1.298M
YoY Change -101.65% -31.63%
% of Operating Profit
Other Income/Expense, Net $2.705M $12.76M $50.00
YoY Change -78.8% 25521940.0% -100.01%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income -$32.28M -$8.235M -$8.131M
YoY Change 291.9% 1.28%
Income Tax
% Of Pretax Income
Net Earnings -$32.28M -$11.66M -$8.131M
YoY Change 176.86% 43.37% 253.44%
Net Earnings / Revenue -1494.18% -445.0% -19626.36%
Basic Earnings Per Share
Diluted Earnings Per Share -$286.60 -$0.38 -$501.2K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $82.82K $492.5K $3.495M
YoY Change -83.18% -85.91%
Cash & Equivalents
Short-Term Investments $0.00 $263.7K
Other Short-Term Assets $151.6K $1.036M $242.5K
YoY Change -85.36% 327.03%
Inventory $1.287M $1.057M $0.00
Prepaid Expenses
Receivables $284.5K $1.236M $242.4K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.806M $3.821M $3.980M
YoY Change -52.74% -4.0%
Property, Plant & Equipment $2.641M $12.48M $3.807M
YoY Change -78.84% 227.94%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $7.034M $35.18M $4.066M
YoY Change -80.0% 765.18%
Total Assets $8.840M $39.00M $8.046M
YoY Change
Accounts Payable $6.015M $7.140M $680.3K
YoY Change -15.76% 949.46%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.366M $936.8K $7.148M
YoY Change 45.85% -86.9%
Long-Term Debt Due $135.3K $214.1K $439.7K
YoY Change -36.77% -51.32%
Total Short-Term Liabilities $10.17M $9.348M $8.268M
YoY Change 8.81% 13.05%
Long-Term Debt $2.497M $2.749M $1.979M
YoY Change -9.16% 38.9%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $2.497M $2.749M $1.979M
YoY Change -9.16% 38.9%
Total Liabilities $12.67M $12.10M $10.25M
YoY Change 4.73% 18.05%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $2.2808 Million

About Akanda Corp

Akanda Corp is a GB-based company operating in Pharmaceuticals industry. Akanda Corp. is an international medical cannabis and wellness platform company. The Company’s portfolio includes Canmart Ltd. (CanMart), a United Kingdom-based fully licensed pharmaceutical importer and distributor which supplies pharmacies and clinics within the United Kingdom. Canmart is a licensed importer and distributor of CBD Extraction for Medicinal Purposes (CBPMs) in the United Kingdom. CanMart holds a controlled drug license issued by the Home Office to possess and supply CBPMs in the United Kingdom. The firm's seed-to-patient supply chain also includes partnerships Cellen Life Sciences' Leva Clinic, a fully digital pain clinic in the United Kingdom. The firm also develops a Canadian farming property in British Columbia, including farming land and related operations and licenses. The firm also focuses on developing tetrahydrocannabinol (THC) and cannabinoid (CBD) facilities at this site.

Industry: Medicinal Chemicals & Botanical Products Peers: