Akanda Corp. (AKAN)
NASDAQ: AKAN · IEX Real-Time Price · USD
2.000
-0.140 (-6.54%)
At close: Jul 19, 2024, 4:00 PM
2.050
+0.050 (2.50%)
Pre-market: Jul 22, 2024, 7:15 AM EDT

Akanda Statistics

Total Valuation

Akanda has a market cap or net worth of $3.83 million. The enterprise value is $7.74 million.

Market Cap 3.83M
Enterprise Value 7.74M

Important Dates

The last earnings date was Wednesday, May 1, 2024, before market open.

Earnings Date May 1, 2024
Ex-Dividend Date n/a

Share Statistics

Akanda has 1.92 million shares outstanding. The number of shares has increased by 177.69% in one year.

Shares Outstanding 1.92M
Shares Change (YoY) +177.69%
Shares Change (QoQ) +11.81%
Owned by Insiders (%) 2.18%
Owned by Institutions (%) 0.25%
Float 760,617

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 1.77
Forward PS n/a
PB Ratio n/a
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 3.58
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 0.18

Current Ratio 0.18
Quick Ratio 0.04
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -125.24

Financial Efficiency

Return on equity (ROE) is -279.80% and return on invested capital (ROIC) is -5,916.09%.

Return on Equity (ROE) -279.80%
Return on Assets (ROA) -134.90%
Return on Capital (ROIC) -5,916.09%
Revenue Per Employee $46,958
Profits Per Employee -$701,632
Employee Count 46
Asset Turnover 0.09
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -92.75% in the last 52 weeks. The beta is 1.48, so Akanda's price volatility has been higher than the market average.

Beta (5Y) 1.48
52-Week Price Change -92.75%
50-Day Moving Average 2.86
200-Day Moving Average 10.82
Relative Strength Index (RSI) 36.93
Average Volume (20 Days) 283,000

Short Selling Information

The latest short interest is 43,060, so 2.25% of the outstanding shares have been sold short.

Short Interest 43,060
Short Previous Month 86,751
Short % of Shares Out 2.25%
Short % of Float 5.66%
Short Ratio (days to cover) 0.08

Income Statement

In the last 12 months, Akanda had revenue of $2.16 million and -$32.28 million in losses. Loss per share was -$286.40.

Revenue 2.16M
Gross Profit 111,449
Operating Income -10.05M
Pretax Income -32.28M
Net Income -32.28M
EBITDA -27.74M
EBIT -32.02M
Loss Per Share -$286.40
Full Income Statement

Balance Sheet

The company has $93,875 in cash and $4.00 million in debt, giving a net cash position of -$3.90 million or -$2.04 per share.

Cash & Cash Equivalents 93,875
Total Debt 4.00M
Net Cash -3.90M
Net Cash Per Share -$2.04
Equity (Book Value) -3.83M
Book Value Per Share -2.00
Working Capital -8.37M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$1.50 million and capital expenditures $108,908, giving a free cash flow of -$1.39 million.

Operating Cash Flow -1.50M
Capital Expenditures 108,908
Free Cash Flow -1.39M
FCF Per Share -$12.36
Full Cash Flow Statement

Margins

Gross margin is 5.16%, with operating and profit margins of -465.33% and -1,494.18%.

Gross Margin 5.16%
Operating Margin -465.33%
Pretax Margin -1,494.18%
Profit Margin -1,494.18%
EBITDA Margin -1,284.03%
EBIT Margin -1,482.34%
FCF Margin -64.43%

Dividends & Yields

Akanda does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -177.69%
Shareholder Yield -177.69%
Earnings Yield -841.95%
FCF Yield -36.30%

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a

Stock Splits

The last stock split was on May 23, 2024. It was a reverse split with a ratio of 1:40.

Last Split Date May 23, 2024
Split Type Reverse
Split Ratio 1:40

Scores

Akanda has an Altman Z-Score of -21.11 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -21.11
Piotroski F-Score 3