Akanda Corp. AKAN
Annual
Quarterly
FY2024 · ended Dec 31, 2024 · Revenue $836,664, +97.5% YoY · Filed Apr 30, 2025
Akanda Corp. (AKAN) files with the SEC under industry code 4899, Communications Services, NEC. In fiscal 2024, which ended Dec 31, 2024, it reported revenue of $836,664 and a net loss of $4.1 million. Free cash flow was -$6.1 million. As of Dec 31, 2024 it held $3.8 million in cash and investments and $352,814 in total debt.
Revenue
$836,664
+97.5% vs prior year
Net income
$-4.10M
+87.3% vs prior year
Operating cash flow
$-3.98M
-165.3% vs prior year
Free cash flow
$-6.08M
-304.7% vs prior year
EPS
$-3.93
+99.3% vs prior year
Dividend per share
None
Shares outstanding
1.98M
-3.1% vs prior year
Net cash
$3.49M
FY 2024
Operating margin
-523.8%
FY 2024
Company profile
- Industry
- Communications Services, NEC (SIC 4899)
- Listed as
- AKAN (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- Ontario, Canada
- Headquarters
- New Romney, United Kingdom
- SEC filer status
- , Emerging growth company
- SEC CIK
- 1888014
Other Communications Services, NEC companies
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- Viasat Inc VSAT
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- Calix, Inc CALX
- Telesat Corp TSAT
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Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|
| Revenue | $836,664 | $423,683 | $2.6M | $41,431 |
| Operating income | -$4.4M | -$3.7M | -$20.2M | -$2.6M |
| Net income | -$4.1M | -$32.3M | -$11.7M | -$8.1M |
| Diluted EPS | -$3.93 | -$573.11 | -$3.86 | -$0.50 |
| Operating cash flow | -$4.0M | -$1.5M | -$11.5M | — |
| Free cash flow | -$6.1M | -$1.5M | -$11.8M | — |
| Total assets | $7.9M | $8.8M | $39.0M | $8.0M |
| Total liabilities | $3.6M | $12.7M | $12.1M | $10.2M |
| Stockholders' equity | $4.3M | -$3.8M | $26.9M | -$2.2M |
| Cash and investments | $3.8M | $93,875 | $255,803 | $3.5M |
| Total debt | $352,814 | $4.0M | $330,821 | $2.4M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Sep 30, 2026 | Jun 30, 2026 |
| 6-K | Current report (foreign issuer) | Sep 25, 2026 | Sep 25, 2026 |
| 6-K | Current report (foreign issuer) | Sep 9, 2026 | Sep 9, 2026 |
| 6-K | Current report (foreign issuer) | Sep 4, 2026 | Sep 4, 2026 |
| 6-K | Current report (foreign issuer) | Aug 17, 2026 | Aug 17, 2026 |
| 6-K | Current report (foreign issuer) | Aug 13, 2026 | Aug 13, 2026 |
All 201 Akanda Corp. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.