Name: Akanda Corp. (AKAN) Financial Statements
Creator: FinSpry

Akanda Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Akanda Corp. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	0.84	0.42	2.62	0.04	0.00
Cost of Revenue	0.63	0.36	-0.65	0.04	0.06
Gross Profit	0.21	0.06	3.27	0.00	-0.06
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	4.45	3.51	19.85	2.57	1.36
Operating Expenses	4.59	3.72	23.45	2.57	1.61
Operating Income	-4.38	-3.66	-20.18	-2.57	-1.67
Other Income/Expense
Interest Income	0.01	0.00	0.00	0.00	0.01
Interest Expense	-0.10	-0.12	-0.12	-0.01	-0.65
Other Income/Expense	0.24	0.01	0.00	0.00	0.00
Income
Income Before Tax	-3.27	-3.71	-8.24	-2.47	-2.30
Income Tax Expense	0.00	0.00	0.00	0.00	0.00
Net Income	-4.10	-32.28	-11.66	-8.13	-2.30
Net Income - Continuous Operations	-3.27	-3.71	-8.24	-2.47	0.00
Net Income - Discontinued Operations	-0.83	-28.56	-3.42	-5.66	0.00
EBITDA	-4.36	0.41	-16.67	-2.53	-1.42
EBIT	-4.38	-3.66	-20.18	-2.57	-1.67
Depreciation & Amortization	0.02	4.07	3.50	0.04	0.25
Earnings Per Share
Basic EPS	-61.00	-1791.00	-974.00	-703.00	-
Diluted EPS	-61.00	-1791.00	-974.00	-703.00	-
Basic Shares Outstanding	0.07	0.02	0.01	0.01	0.00
Diluted Shares Outstanding	0.07	0.02	0.01	0.01	0.00