Akanda Corp.(AKAN)Earnings, Financials & Key Ratios
AKAN•NASDAQ
$30.50
$987163 mkt cap·Price updated May 6, 2026
SectorHealthcareIndustrySpecialty & Generic PharmaSub-IndustryCannabis and cannabinoid product companies
AboutAkanda 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.Show more
- Revenue$837K-61.3%
- EBITDA-$4M+26.5%
- Net Income-$4M+87.3%
- EPS (Diluted)-257.60+100.0%
- Gross Margin24.91%+382.7%
- EBITDA Margin-506.95%-89.9%
- Operating Margin-523.8%-12.6%
- Net Margin-489.57%+67.2%
- ROE-1830.03%-554.1%
- ROIC-748.9%-1422.8%
- Debt/Equity0.08
- Interest Coverage-31.65+74.7%
AKAN Key Insights
Akanda Corp. (AKAN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Momentum leader: RS Rating 99 (top 1%)
- ✓Trading at only 0.1x book value
✗Weaknesses
- ✗Negative free cash flow
- ✗Shares diluted 100.0% in last year
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
AKAN Price & Volume
Akanda Corp. (AKAN) stock price & volume — 10-year historical chart
Loading chart...
AKAN Growth Metrics
Akanda Corp. (AKAN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years172.32%
TTM-60.19%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-84.71%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-7457.46%
Return on Capital
10 Years-200.57%
5 Years-200.57%
3 Years-168.59%
Last Year-297.64%
AKAN Peer Comparison
Akanda Corp. (AKAN) competitors in Cannabis and cannabinoid product companies — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 TLRY | 671.17M | 5.76 | -0.17 | 4.84% | -252.55% | -136.55% | 0.22 | |
 CGC | 123.69M | 1.15 | -0.28 | -9.47% | -110.99% | -43.07% | 0.72 | |
 ACB | 200.75M | 3.54 | 168.77 | 27.01% | 11.24% | 7.15% | 0.17 | |
 CRON | 999.77M | 2.62 | 64.4% | -4.89% | -0.86% | 0.00 | ||
 OGI | 187.84M | 1.39 | -13.49 | 16.42% | 6.48% | 4.92% | 0.03 | |
 IIPR | 1.65B | 57.69 | 14.68 | -13.8% | 45.58% | 6.41% | 0.21 | |
 HYFM | 5.32M | 1.14 | -0.08 | -16.02% | -44.49% | -32.29% | 0.76 | |
 GRWG | 81.98M | 1.37 | -3.43 | -14.36% | -14.87% | -22.9% | 0.30 |
Compare AKAN vs Peers
Akanda Corp. (AKAN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AKAN Income Statement
Akanda Corp. (AKAN) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Sales/Revenue | 2.06K | 41.43K | 2.62M | 2.16M | 836.66K | 1.6M |
| Revenue Growth % | - | 1909.26% | 6223% | -17.55% | -61.27% | -60.19% |
| Cost of Goods Sold | 1.81K | 756.16K | 649.88K | 2.05M | 628.28K | 2.3M |
| COGS % of Revenue | 87.73% | 1825.1% | 24.81% | 94.84% | 75.09% | - |
| Gross Profit | 253▲ 0% | -714.73K▼ 282600.4% | 3.27M▲ 557.5% | 111.45K▼ 96.6% | 208.38K▲ 87.0% | -699.44K▲ 0% |
| Gross Margin % | 12.27% | -1725.1% | 124.81% | 5.16% | 24.91% | -43.73% |
| Gross Profit Growth % | - | -282600.4% | 557.46% | -96.59% | 86.98% | - |
| Operating Expenses | 1.67M | 6.12M | 22.15M | 10.16M | 4.59M | 9.4M |
| OpEx % of Revenue | 80799.61% | 14769.13% | 845.38% | 470.49% | 548.71% | - |
| Selling, General & Admin | 1.36M | 5.81M | 19.85M | 5.88M | 4.45M | 6.38M |
| SG&A % of Revenue | 65896.51% | 14023.27% | 757.63% | 272.17% | 531.85% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - |
| Other Operating Expenses | 307.3K | 309.02K | 2.3M | 4.28M | 141.05K | 1.64M |
| Operating Income | -1.67M▲ 0% | -2.57M▼ 54.3% | -20.18M▼ 685.0% | -10.05M▲ 50.2% | -4.38M▲ 56.4% | -10.1M▲ 0% |
| Operating Margin % | -80787.34% | -6203.45% | -770.18% | -465.33% | -523.8% | -631.75% |
| Operating Income Growth % | - | -54.29% | -685.03% | 50.18% | 56.4% | - |
| EBITDA | -1.42M | -2.26M | -16.58M | -5.77M | -4.24M | -7.92M |
| EBITDA Margin % | -68724.15% | -5457.58% | -632.83% | -267.01% | -506.95% | -495.22% |
| EBITDA Growth % | - | -59.56% | -633.18% | 65.21% | 26.46% | 64.16% |
| D&A (Non-Cash Add-back) | 248.74K | 309.02K | 3.6M | 4.28M | 141.05K | 2.18M |
| EBIT | -1.66M | -2.46M | -8.12M | -32.02M | -3.17M | -8.64M |
| Net Interest Income | -634.97K | -10.42K | -114.44K | -255.62K | -93.61K | -135.6K |
| Interest Income | 10.19K | 90 | 886 | 39 | 6.49K | 44.65K |
| Interest Expense | 645.16K | 10.51K | 115.32K | 255.66K | 100.11K | 180.25K |
| Other Income/Expense | -634.87K | 96.45K | 11.94M | -22.22M | 1.11M | -20.97M |
| Pretax Income | -2.3M▲ 0% | -2.47M▼ 7.5% | -8.24M▼ 232.9% | -32.28M▼ 291.9% | -3.27M▲ 89.9% | -31.07M▲ 0% |
| Pretax Margin % | -111569.88% | -5970.66% | -314.37% | -1494.18% | -390.65% | -1942.75% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -2.3M▲ 0% | -8.13M▼ 253.4% | -11.66M▼ 43.4% | -32.28M▼ 176.9% | -4.1M▲ 87.3% | -31.31M▲ 0% |
| Net Margin % | -111569.88% | -19625.88% | -445% | -1494.18% | -489.57% | -1957.65% |
| Net Income Growth % | - | -253.44% | -43.37% | -176.86% | 87.31% | -84.71% |
| Net Income (Continuing) | -2.3M | -2.47M | -8.24M | -32.28M | -3.27M | -31.07M |
| Discontinued Operations | 0 | -5.66M | -3.42M | -28.56M | -827.62K | -699.73K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -3980.00▲ 0% | -14066.48▼ 253.4% | -16828.00▼ 19.6% | -999999.00▼ 5842.5% | -257.60▲ 100.0% | -902.41▲ 0% |
| EPS Growth % | - | -253.43% | -19.63% | -16928.36% | 99.99% | -7457.46% |
| EPS (Basic) | -3980.00 | -14066.48 | -16828.00 | -999999.00 | -257.60 | - |
| Diluted Shares Outstanding | 578 | 578 | 693 | 11 | 16.67K | 34.69K |
| Basic Shares Outstanding | 578 | 578 | 693 | 11 | 16.67K | 34.69K |
| Dividend Payout Ratio | - | - | - | - | - | - |
AKAN Balance Sheet
Akanda Corp. (AKAN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Total Current Assets | 127.6K | 3.98M | 3.82M | 1.81M | 5.06M | 3.57M |
| Cash & Short-Term Investments | 13.5K | 3.5M | 492.49K | 82.82K | 3.84M | 2.52M |
| Cash Only | 13.5K | 3.5M | 228.79K | 82.82K | 3.84M | 2.52M |
| Short-Term Investments | 0 | 0 | 263.69K | 0 | 0 | 0 |
| Accounts Receivable | 0 | 242.36K | 1.24M | 284.51K | 822.07K | 994.78K |
| Days Sales Outstanding | - | 2.14K | 172.16 | 48.08 | 358.63 | 137.68 |
| Inventory | 611 | 0 | 1.87M | 1.29M | 0 | 0 |
| Days Inventory Outstanding | 123.28 | - | 1.05K | 229.29 | - | 51.08 |
| Other Current Assets | 0 | 0 | 27.01K | 11.06K | 3.22K | 5.82K |
| Total Non-Current Assets | 4.15M | 4.07M | 35.18M | 7.03M | 2.86M | 2.65M |
| Property, Plant & Equipment | 3.83M | 3.81M | 12.48M | 2.64M | 2.34M | 2.65M |
| Fixed Asset Turnover | 0.00x | 0.01x | 0.21x | 0.82x | 0.36x | 0.68x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 321.41K | 259.1K | 22.21M | 3.8M | 15.83K | 0 |
| Long-Term Investments | 0 | 0 | 0 | 593.23K | 503.49K | 1.69M |
| Other Non-Current Assets | 0 | 0 | 967.18K | 0 | 0 | 593.23K |
| Total Assets | 4.27M▲ 0% | 8.05M▲ 88.2% | 39M▲ 384.7% | 8.84M▼ 77.3% | 7.91M▼ 10.5% | 6.22M▲ 0% |
| Asset Turnover | 0.00x | 0.01x | 0.07x | 0.24x | 0.11x | 0.19x |
| Asset Growth % | - | 88.22% | 384.67% | -77.33% | -10.47% | -198.14% |
| Total Current Liabilities | 2.73M | 8.27M | 9.35M | 10.17M | 3.64M | 2.84M |
| Accounts Payable | 183.9K | 680.33K | 7.14M | 6.01M | 2.98M | 2.2M |
| Days Payables Outstanding | 37.1K | 328.4 | 4.01K | 1.07K | 1.73K | 593.97 |
| Short-Term Debt | 2.26M | 7.15M | 936.79K | 1.37M | 352.81K | 184.28K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 377.46K | 1.42M | 0 | 0 |
| Current Ratio | 0.05x | 0.48x | 0.41x | 0.18x | 1.39x | 1.39x |
| Quick Ratio | 0.05x | 0.48x | 0.21x | 0.05x | 1.39x | 1.39x |
| Cash Conversion Cycle | - | - | -2.79K | -794.25 | - | -405.2 |
| Total Non-Current Liabilities | 6.58M | 1.98M | 2.75M | 2.5M | 0 | 70.87K |
| Long-Term Debt | 3.98M | 0 | 2.63M | 2.5M | 0 | 0 |
| Capital Lease Obligations | 2.6M | 1.98M | 116.76K | 0 | 0 | 70.87K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 9.31M | 10.25M | 12.1M | 12.67M | 3.64M | 2.91M |
| Total Debt | 9.12M | 9.57M | 3.9M | 4M | 352.81K | 391.24K |
| Net Debt | 9.11M | 6.07M | 3.67M | 3.92M | -3.49M | -2.13M |
| Debt / Equity | - | - | 0.14x | - | 0.08x | 0.08x |
| Debt / EBITDA | - | - | - | - | - | -0.05x |
| Net Debt / EBITDA | - | - | - | - | - | 0.27x |
| Interest Coverage | -2.57x | -234.39x | -70.41x | -125.24x | -31.65x | -47.93x |
| Total Equity | -5.03M▲ 0% | -2.2M▲ 56.3% | 26.9M▲ 1321.9% | -3.83M▼ 114.2% | 4.28M▲ 211.7% | 3.3M▲ 0% |
| Equity Growth % | - | 56.25% | 1321.94% | -114.23% | 211.69% | -9.2% |
| Book Value per Share | -8705.78 | -3808.69 | 38816.97 | -348081.09 | 256.51 | 95.15 |
| Total Shareholders' Equity | -5.03M | -2.2M | 26.9M | -3.83M | 4.28M | 3.3M |
| Common Stock | 1.64K | 7.26M | 49.43M | 51.02M | 63.32M | 63.64M |
| Retained Earnings | -5.16M | -13.29M | -21.09M | -53.36M | -57.46M | -58.25M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 129.11K | 3.84M | -1.45M | -1.49M | -1.58M | -2.09M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
AKAN Cash Flow Statement
Akanda Corp. (AKAN) cash flow — operating, investing & free cash flow history
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Cash from Operations | -1.35M | -6.56M | -11.47M | -1.5M | -3.98M | -3.98M |
| Operating CF Margin % | -65590.11% | -15826.46% | -437.82% | -69.47% | -475.74% | - |
| Operating CF Growth % | - | -384.82% | -74.92% | 86.92% | -165.26% | -153.45% |
| Net Income | -2.3M | -8.13M | -11.66M | -32.28M | -4.1M | -31.31M |
| Depreciation & Amortization | 248.74K | 309.02K | 3.76M | 4.28M | 141.05K | 2.36M |
| Stock-Based Compensation | 0 | 0 | 559.23K | 0 | 0 | 1.25M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 668.91K | 1.85M | -6.32M | 23.34M | 924.92K | 22.38M |
| Working Capital Changes | 30.45K | -587.5K | 2.18M | 3.15M | -950.31K | 370.11K |
| Change in Receivables | 0 | -242.36K | -591.07K | 973.38K | -254.68K | 420.75K |
| Change in Inventory | -611 | -712.52K | 501.71K | 482.72K | 366.21K | 381.64K |
| Change in Payables | 140.9K | 242.36K | 2.92M | 1.54M | -733.36K | -733.36K |
| Cash from Investing | -432.2K | -576.47K | -4.22M | 24.89K | -1.02M | -989.17K |
| Capital Expenditures | -439.14K | -576.47K | -310.95K | -1.5K | -2.1M | -2.1M |
| CapEx % of Revenue | 21296.65% | 1391.4% | 11.87% | 0.07% | 250.77% | - |
| Acquisitions | 0 | 0 | -3.11M | 0 | 1.45M | 1.45M |
| Investments | - | - | - | - | - | - |
| Other Investing | 6.93K | 0 | -739.95K | 26.39K | -366.6K | -340.04K |
| Cash from Financing | 1.03M | 11.24M | 14.14M | 1.49M | 8.99M | 8.74M |
| Debt Issued (Net) | 1.03M | 6.18M | -794.44K | -83.58K | -339.64K | -1.84M |
| Equity Issued (Net) | 1.48K | 5.05M | 14.93M | 0 | 10.75M | 11.07M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 1.57M | -1.43M | -496.93K |
| Net Change in Cash | -806.06K▲ 0% | 3.48M▲ 532.0% | -3.24M▼ 193.0% | -161.93K▲ 95.0% | 3.75M▲ 2414.6% | 2.09M▲ 0% |
| Free Cash Flow | -1.79M▲ 0% | -7.13M▼ 298.2% | -11.78M▼ 65.1% | -1.5M▲ 87.2% | -6.08M▼ 304.7% | -7.04M▲ 0% |
| FCF Margin % | -86886.76% | -17217.87% | -449.69% | -69.54% | -726.52% | -440.37% |
| FCF Growth % | - | -298.16% | -65.14% | 87.25% | -304.67% | 48.18% |
| FCF per Share | -3099.66 | -12341.75 | -16999.05 | -136552.36 | -364.59 | -364.59 |
| FCF Conversion (FCF/Net Income) | 0.59x | 0.81x | 0.98x | 0.05x | 0.97x | 0.22x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 |
AKAN Key Ratios
Akanda Corp. (AKAN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|
| Return on Equity (ROE) | - | -94.4% | -279.79% | -1830.03% | -1505.39% |
| Return on Invested Capital (ROIC) | -48.51% | -87.87% | -49.18% | -748.9% | -748.9% |
| Gross Margin | -1725.1% | 124.81% | 5.16% | 24.91% | -43.73% |
| Net Margin | -19625.88% | -445% | -1494.18% | -489.57% | -1957.65% |
| Debt / Equity | - | 0.14x | - | 0.08x | 0.08x |
| Interest Coverage | -234.39x | -70.41x | -125.24x | -31.65x | -47.93x |
| FCF Conversion | 0.81x | 0.98x | 0.05x | 0.97x | 0.22x |
| Revenue Growth | 1909.26% | 6223% | -17.55% | -61.27% | -60.19% |
AKAN Frequently Asked Questions
Akanda Corp. (AKAN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Akanda Corp. (AKAN) reported $1.6M in revenue for fiscal year 2024. This represents a 77459% increase from $0.0M in 2020.
Akanda Corp. (AKAN) saw revenue decline by 61.3% over the past year.
Akanda Corp. (AKAN) reported a net loss of $31.3M for fiscal year 2024.
Dividend & Returns
Akanda Corp. (AKAN) has a return on equity (ROE) of -1830.0%. Negative ROE indicates the company is unprofitable.
Akanda Corp. (AKAN) had negative free cash flow of $7.0M in fiscal year 2024, likely due to heavy capital investments.
Explore More AKAN
Akanda Corp. (AKAN) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates