Akanda Corp. (AKAN)
NASDAQ: AKAN · Real-Time Price · USD
1.370
-0.030 (-2.14%)
At close: Nov 20, 2024, 4:00 PM
1.360
-0.010 (-0.73%)
After-hours: Nov 20, 2024, 5:03 PM EST

Akanda Statistics

Total Valuation

Akanda has a market cap or net worth of $1.95 million. The enterprise value is -$3.68 million.

Market Cap 1.95M
Enterprise Value -3.68M

Important Dates

The next estimated earnings date is Saturday, January 4, 2025.

Earnings Date Jan 4, 2025
Ex-Dividend Date n/a

Share Statistics

Akanda has 1.43 million shares outstanding. The number of shares has increased by 483.05% in one year.

Current Share Class 1.43M
Shares Outstanding 1.43M
Shares Change (YoY) +483.05%
Shares Change (QoQ) +658.17%
Owned by Insiders (%) 1.48%
Owned by Institutions (%) 0.35%
Float 1.41M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.15
Forward PS n/a
PB Ratio 0.39
P/TBV Ratio 0.43
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

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

Financial Position

The company has a current ratio of 1.41, with a Debt / Equity ratio of 0.08.

Current Ratio 1.41
Quick Ratio 1.17
Debt / Equity 0.08
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -32.96

Financial Efficiency

Return on equity (ROE) is -242.88% and return on invested capital (ROIC) is -37.31%.

Return on Equity (ROE) -242.88%
Return on Assets (ROA) -25.51%
Return on Capital (ROIC) -37.31%
Revenue Per Employee $54,529
Profits Per Employee -$632,176
Employee Count 46
Asset Turnover 0.11
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -95.98% in the last 52 weeks. The beta is 1.52, so Akanda's price volatility has been higher than the market average.

Beta (5Y) 1.52
52-Week Price Change -95.98%
50-Day Moving Average 1.92
200-Day Moving Average 6.98
Relative Strength Index (RSI) 34.40
Average Volume (20 Days) 124,896

Short Selling Information

The latest short interest is 104,181, so 7.30% of the outstanding shares have been sold short.

Short Interest 104,181
Short Previous Month 229,522
Short % of Shares Out 7.30%
Short % of Float 7.41%
Short Ratio (days to cover) 0.06

Income Statement

In the last 12 months, Akanda had revenue of $2.51 million and -$29.08 million in losses. Loss per share was -$108.84.

Revenue 2.51M
Gross Profit 259,556
Operating Income -9.49M
Pretax Income -32.28M
Net Income -29.08M
EBITDA -7.46M
EBIT -9.49M
Loss Per Share -$108.84
Full Income Statement

Balance Sheet

The company has $6.01 million in cash and $374,417 in debt, giving a net cash position of $5.64 million or $3.95 per share.

Cash & Cash Equivalents 6.01M
Total Debt 374,417
Net Cash 5.64M
Net Cash Per Share $3.95
Equity (Book Value) 4.57M
Book Value Per Share 3.52
Working Capital 2.22M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$3.18 million and capital expenditures -$1.34 million, giving a free cash flow of -$4.52 million.

Operating Cash Flow -3.18M
Capital Expenditures -1.34M
Free Cash Flow -4.52M
FCF Per Share -$3.17
Full Cash Flow Statement

Margins

Gross Margin 10.35%
Operating Margin -378.18%
Pretax Margin -1,269.38%
Profit Margin n/a
EBITDA Margin -297.43%
EBIT Margin n/a
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 -483.05%
Shareholder Yield -483.05%
Earnings Yield -1,487.67%
FCF Yield -231.47%

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 November 14, 2024. It was a reverse split with a ratio of 0.5:1.

Last Split Date Nov 14, 2024
Split Type Reverse
Split Ratio 0.5:1

Scores

Akanda has an Altman Z-Score of -10.25 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -10.25
Piotroski F-Score 3