Akanda Corp. (AKAN)
NASDAQ: AKAN · IEX Real-Time Price · USD
0.0915
+0.0018 (2.01%)
At close: Apr 25, 2024, 4:00 PM
0.0950
+0.0035 (3.83%)
After-hours: Apr 25, 2024, 7:58 PM EDT

Akanda Statistics

Total Valuation

Akanda has a market cap or net worth of $1.09 million. The enterprise value is $5.56 million.

Market Cap 1.09M
Enterprise Value 5.56M

Important Dates

The next estimated earnings date is Tuesday, May 7, 2024, before market open.

Earnings Date May 7, 2024
Ex-Dividend Date n/a

Share Statistics

Akanda has 11.93 million shares outstanding. The number of shares has increased by 39.41% in one year.

Shares Outstanding 11.93M
Shares Change (YoY) +39.41%
Shares Change (QoQ) +34.62%
Owned by Insiders (%) 14.02%
Owned by Institutions (%) 0.50%
Float n/a

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.28
Forward PS n/a
PB Ratio 0.05
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.41
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 0.26, with a Debt / Equity ratio of 0.24.

Current Ratio 0.26
Quick Ratio 0.11
Debt / Equity 0.24
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -48.28

Financial Efficiency

Return on equity (ROE) is -53.10% and return on invested capital (ROIC) is -56.19%.

Return on Equity (ROE) -53.10%
Return on Assets (ROA) -37.40%
Return on Capital (ROIC) -56.19%
Revenue Per Employee $85,740
Profits Per Employee -$324,822
Employee Count 46
Asset Turnover 0.10
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -91.03% in the last 52 weeks. The beta is 1.61, so Akanda's price volatility has been higher than the market average.

Beta (1Y) 1.61
52-Week Price Change -91.03%
50-Day Moving Average 0.18
200-Day Moving Average 0.42
Relative Strength Index (RSI) 34.39
Average Volume (30 Days) 4,471,230

Short Selling Information

The latest short interest is 1.08 million, so 9.06% of the outstanding shares have been sold short.

Short Interest 1.08M
Short Previous Month 2,517
Short % of Shares Out 9.06%
Short % of Float n/a
Short Ratio (days to cover) 0.11

Income Statement

In the last 12 months, Akanda had revenue of $3.94 million and -$14.94 million in losses. Loss per share was -$4.36.

Revenue 3.94M
Gross Profit 4.11M
Operating Income -15.08M
Pretax Income -14.94M
Net Income -14.94M
EBITDA -10.41M
EBIT -14.64M
Loss Per Share -$4.36
Full Income Statement

Balance Sheet

The company has $713,338 in cash and $5.19 million in debt, giving a net cash position of -$4.47 million or -$0.37 per share.

Cash & Cash Equivalents 713,338
Total Debt 5.19M
Net Cash -4.47M
Net Cash Per Share -$0.37
Equity / Book Value 21.65M
Book Value Per Share 1.81
Working Capital -9.13M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$4.03 million and capital expenditures -$49,490, giving a free cash flow of -$4.08 million.

Operating Cash Flow -4.03M
Capital Expenditures -49,490
Free Cash Flow -4.08M
FCF Per Share -$1.01
Full Cash Flow Statement

Margins

Gross margin is 104.25%, with operating and profit margins of -382.34% and -378.85%.

Gross Margin 104.25%
Operating Margin -382.34%
Pretax Margin -378.85%
Profit Margin -378.85%
EBITDA Margin -263.95%
EBIT Margin -371.16%
FCF Margin -103.36%

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 -39.41%
Shareholder Yield -39.41%
Earnings Yield -1,368.77%
FCF Yield -373.45%

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 March 9, 2023. It was a reverse split with a ratio of 1:10.

Last Split Date Mar 9, 2023
Split Type Reverse
Split Ratio 1:10

Scores

Akanda has an Altman Z-Score of -2.51 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -2.51
Piotroski F-Score 1