AKAN
Income statement / Annual
Last year (2023), Akanda Corp.'s total revenue was $2.16 M,
a decrease of 17.55% from the previous year.
In 2023, Akanda Corp.'s net income was -$32.28 M.
See Akanda Corp.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$2.16 M
|
$2.62 M
|
$41,431.00
|
$2,062.00
|
$0.00
|
| Cost of Revenue |
$2.05 M |
$649,877.00 |
$756,157.00 |
$1,809.00 |
$198,824.00 |
| Gross Profit |
$111,449.00 |
$1.97 M |
-$714,726.00 |
$253.00 |
-$198,824.00 |
| Gross Profit Ratio |
0.05 |
0.75 |
-17.25 |
0.12 |
0 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$5.88 M
|
$19.85 M
|
$5.81 M
|
$1.36 M
|
$702,411.00
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$5.88 M
|
$19.85 M
|
$5.81 M
|
$1.36 M
|
$702,411.00
|
| Other Expenses |
$4.28 M |
$3.60 M |
$309,022.00 |
$307,302.00 |
$198,824.00 |
| Operating Expenses |
$3.48 M |
$23.45 M |
$6.12 M |
$1.67 M |
$901,235.00 |
| Cost And Expenses |
$12.21 M |
$22.80 M |
$6.88 M |
$1.67 M |
$901,235.00 |
| Interest Income |
$39.00 |
$886.00 |
$26,749.00 |
$10,188.00 |
$401.00 |
| Interest Expense |
$255,656.00 |
$115,324.00 |
$1.09 M |
$645,162.00 |
$493,807.00 |
| Depreciation &
Amortization |
$4.28 M
|
$3.60 M
|
$309,022.00
|
$248,743.00
|
$198,824.00
|
| EBITDA |
-$27.74 M
|
-$4.52 M
|
-$2.15 M
|
-$1.41 M
|
-$702,010.00
|
| EBITDA Ratio |
-12.84 |
-6.26 |
-156.84 |
-682.12 |
0 |
| Operating Income Ratio
|
-4.65
|
-7.7
|
-164.94
|
-807.87
|
0
|
| Total Other
Income/Expenses Net |
-$22.22 M
|
$11.94 M
|
$96,448.00
|
-$634,866.00
|
-$493,406.00
|
| Income Before Tax |
-$32.28 M |
-$8.24 M |
-$8.13 M |
-$2.30 M |
-$1.39 M |
| Income Before Tax Ratio
|
-14.94
|
-3.14
|
-196.26
|
-1115.7
|
0
|
| Income Tax Expense |
$0.00 |
-$8.63 M |
$1.09 M |
$645,400.00 |
$493,807.00 |
| Net Income |
-$32.28 M |
$397,045.00 |
-$9.22 M |
-$2.95 M |
-$1.89 M |
| Net Income Ratio |
-14.94 |
0.15 |
-222.64 |
-1428.7 |
0 |
| EPS |
-7.16 |
4.59 |
-127.66 |
-40.77 |
-26.14 |
| EPS Diluted |
-7.16 |
4.59 |
-127.66 |
-40.77 |
-26.14 |
| Weighted Average Shares
Out |
$4.51 M
|
$86,593.00
|
$72,257.00
|
$72,257.00
|
$72,257.00
|
| Weighted Average Shares
Out Diluted |
$4.51 M
|
$86,593.00
|
$72,257.00
|
$72,257.00
|
$72,257.00
|
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