Akanda Corp

Company Profile

Akanda Corp had its IPO on 2022-03-15 under the ticker symbol AKAN.

The company operates in the Healthcare sector and Drug Manufacturers-Specialty & Generic industry. Akanda Corp has a staff strength of 0 employees.

Stock update

Shares of Akanda Corp opened at $0.82 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.78 - $0.97, and closed at $0.85.

This is a -6.67% slip from the previous day's closing price.

A total volume of 969,471 shares were traded at the close of the day’s session.

In the last one week, shares of Akanda Corp have increased by +63.15%.

Akanda Corp's Key Ratios

Akanda Corp has a market cap of $6.69 million, indicating a price to book ratio of 13.2236 and a price to sales ratio of 142.1272.

In the last 12-months Akanda Corp’s revenue was $110592 with a gross profit of $-719799 and an EBITDA of $-15662920. The EBITDA ratio measures Akanda Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Akanda Corp’s operating margin was -15694.03% while its return on assets stood at -69.33% with a return of equity of 0%.

In Q4, Akanda Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 1758.1%.

Akanda Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.24 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Akanda Corp’s profitability.

Akanda Corp stock is trading at a EV to sales ratio of 298.5354 and a EV to EBITDA ratio of -1.838. Its price to sales ratio in the trailing 12-months stood at 142.1272.

Akanda Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$43.48 million

Total Liabilities

$6.27 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Akanda Corp ended 2024 with $43.48 million in total assets and $0 in total liabilities. Its intangible assets were valued at $43.48 million while shareholder equity stood at $34.64 million.

Akanda Corp ended 2024 with $0 in deferred long-term liabilities, $6.27 million in other current liabilities, 47101209.00 in common stock, $-12024032.00 in retained earnings and $0 in goodwill. Its cash balance stood at $3.93 million and cash and short-term investments were $4.27 million. The company’s total short-term debt was $1,262,785 while long-term debt stood at $2.57 million.

Akanda Corp’s total current assets stands at $6.94 million while long-term investments were $0 and short-term investments were $337145.00. Its net receivables were $726865.00 compared to accounts payable of $4.49 million and inventory worth $895774.00.

In 2024, Akanda Corp's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Akanda Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.85

52-Week High

$31

52-Week Low

$0.124

Analyst Target Price

$

Akanda Corp stock is currently trading at $0.85 per share. It touched a 52-week high of $31 and a 52-week low of $31. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.6 and 200-day moving average was $1.26 The short ratio stood at 0.11 indicating a short percent outstanding of 0%.

Around 6594.5% of the company’s stock are held by insiders while 156.7% are held by institutions.