Akanda Corp. (AKAN)

NASDAQ: AKAN · IEX Real-Time Price · USD
0.441
-0.015 (-3.21%)
At close: Dec 29, 2023, 4:00 PM
0.461
+0.021 (4.70%)
After-hours: Dec 29, 2023, 7:35 PM EST

Total Valuation

Akanda has a market cap or net worth of $1.50 million. The enterprise value is $4.88 million.

Market Cap 1.50M
Enterprise Value 4.88M

Important Dates

The next estimated earnings date is Friday, January 12, 2024, before market open.

Earnings Date Jan 12, 2024
Ex-Dividend Date n/a

Share Statistics

Akanda has 3.40 million shares outstanding.

Shares Outstanding 3.40M
Shares Change (YoY) n/a
Shares Change (QoQ) n/a
Owned by Insiders (%) 47.10%
Owned by Institutions (%) 2.39%
Float 1.51M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.57
Forward PS n/a
PB Ratio 0.06
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.86
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 0.41, with a Debt / Equity ratio of 0.14.

Current Ratio 0.41
Quick Ratio 0.19
Debt / Equity 0.14
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -100.09

Financial Efficiency

Return on equity (ROE) is -94.40% and return on invested capital (ROIC) is -65.51%.

Return on Equity (ROE) -94.40%
Return on Assets (ROA) -49.60%
Return on Capital (ROIC) -65.51%
Revenue Per Employee $56,950
Profits Per Employee -$253,428
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 -69.77% in the last 52 weeks.

Beta (1Y) n/a
52-Week Price Change -69.77%
50-Day Moving Average 0.45
200-Day Moving Average 0.69
Relative Strength Index (RSI) 47.75
Average Volume (30 Days) 95,838

Short Selling Information

The latest short interest is 625, so 0.02% of the outstanding shares have been sold short.

Short Interest 625
Short Previous Month 4,758
Short % of Shares Out 0.02%
Short % of Float 0.04%
Short Ratio (days to cover) 0.01

Income Statement

In the last 12 months, Akanda had revenue of $2.62 million and -$11.66 million in losses. Loss per share was -$3.90.

Revenue 2.62M
Gross Profit 3.27M
Operating Income -20.18M
Pretax Income -11.66M
Net Income -11.66M
EBITDA -7.78M
EBIT -11.54M
Loss Per Share -$3.90
Full Income Statement

Balance Sheet

The company has $519,494 in cash and $3.90 million in debt, giving a net cash position of -$3.38 million or -$0.99 per share.

Cash & Cash Equivalents 519,494
Total Debt 3.90M
Net Cash -3.38M
Net Cash Per Share -$0.99
Equity / Book Value 26.90M
Book Value Per Share 7.90
Working Capital -5.53M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$11.47 million and capital expenditures -$310,946, giving a free cash flow of -$11.78 million.

Operating Cash Flow -11.47M
Capital Expenditures -310,946
Free Cash Flow -11.78M
FCF Per Share -$3.94
Full Cash Flow Statement

Margins

Gross margin is 124.81%, with operating and profit margins of -770.18% and -445.00%.

Gross Margin 124.81%
Operating Margin -770.18%
Pretax Margin -445.00%
Profit Margin -445.00%
EBITDA Margin -296.95%
EBIT Margin -440.60%
FCF Margin -449.69%

Dividends & Yields

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

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield -777.69%
FCF Yield -785.88%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield -127.97%
Shareholder Yield -127.97%

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 -1.76 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -1.76
Piotroski F-Score 4