Akanda Corp. income statement AKAN
In fiscal 2024, which ended Dec 31, 2024, Akanda Corp. reported revenue of $836,664, up 97.5% from the year before. It recorded a net loss of $4.1 million. The operating loss came to $4.4 million, an operating margin of -523.8%. Diluted earnings per share were -$3.93. Across the 4 fiscal years shown, revenue grew from $41,431 in fiscal 2021 to $836,664 in fiscal 2024, about 172.3% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
|---|---|---|---|---|
| Revenue |
1
+97.5%
|
0
-83.8%
|
3
+6223.0%
|
0
|
| Cost of revenue |
1
+72.4%
|
0
-35.7%
|
1
+1216.2%
|
0
|
| Gross profit |
0
+251.2%
|
0
-98.2%
|
3
+205603.4%
|
-0
|
| Selling, general and administrative |
1
+289.9%
|
0
-90.4%
|
3
+1871.4%
|
0
|
| Operating income |
-4
-19.8%
|
-4
+81.9%
|
-20
-685.0%
|
-3
|
| Net income |
-4
+87.3%
|
-32
-176.9%
|
-12
-43.4%
|
-8
|
| Basic EPS |
-3.93
+99.3%
|
-573.11
-14747.4%
|
-3.86
-672.0%
|
-0.50
|
| Diluted EPS |
-3.93
+99.3%
|
-573.11
-14747.4%
|
-3.86
-672.0%
|
-0.50
|
| Weighted average shares, basic |
1
+1750.3%
|
0
-98.1%
|
3
-81.6%
|
16
|
| Weighted average shares, diluted |
1
+1750.3%
|
0
-98.1%
|
3
-81.6%
|
16
|
| Other measures | ||||
| Depreciation and amortization |
0
-32.6%
|
0
-94.2%
|
4
+752687.2%
|
0
|
| EBITDA |
-4
-23.0%
|
-3
+79.2%
|
-17
-545.1%
|
-3
|
| Interest coverage |
-43.78x
|
-249.95x
|
-174.95x
|
-244.57x
|
| Margins | ||||
| Gross margin |
24.91%
|
14.01%
|
124.81%
|
-3.84%
|
| Operating margin |
-523.80%
|
-863.57%
|
-770.18%
|
-6,203.45%
|
| Profit margin |
-489.57%
|
-7,617.74%
|
-445.00%
|
-19,625.88%
|
| EBITDA margin |
-506.95%
|
-814.20%
|
-632.83%
|
-6,202.30%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
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
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.