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Akanda DB:Y23 Stock Report

Last Price

€2.30

Market Cap

€4.7m

7D

-34.2%

1Y

-91.3%

Updated

04 Jun, 2024

Data

Company Financials

Y23 Stock Overview

Through its subsidiaries, engages in the cultivation, manufacture, and distribution of cannabis-based products for medicinal use worldwide.

Y23 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Akanda Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Akanda
Historical stock prices
Current Share PriceUS$2.30
52 Week HighUS$34.00
52 Week LowUS$2.30
Beta1.59
1 Month Change-51.95%
3 Month Change-68.02%
1 Year Change-91.34%
3 Year Changen/a
5 Year Changen/a
Change since IPO-99.92%

Recent News & Updates

Recent updates

Shareholder Returns

Y23DE PharmaceuticalsDE Market
7D-34.2%0.3%-0.7%
1Y-91.3%-18.9%4.7%

Return vs Industry: Y23 underperformed the German Pharmaceuticals industry which returned -18.9% over the past year.

Return vs Market: Y23 underperformed the German Market which returned 4.7% over the past year.

Price Volatility

Is Y23's price volatile compared to industry and market?
Y23 volatility
Y23 Average Weekly Movement56.5%
Pharmaceuticals Industry Average Movement5.2%
Market Average Movement5.0%
10% most volatile stocks in DE Market10.5%
10% least volatile stocks in DE Market2.6%

Stable Share Price: Y23's share price has been volatile over the past 3 months.

Volatility Over Time: Y23's weekly volatility has increased from 43% to 57% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aKatie Fieldwww.akandacorp.com

Akanda Corp., through its subsidiaries, engages in the cultivation, manufacture, and distribution of cannabis-based products for medicinal use worldwide. It offers medicinal-grade cannabis and cannabis based medical and wellness products. The company was incorporated in 2021 and is headquartered in New Romney, the United Kingdom.

Akanda Corp. Fundamentals Summary

How do Akanda's earnings and revenue compare to its market cap?
Y23 fundamental statistics
Market cap€4.67m
Earnings (TTM)-€29.71m
Revenue (TTM)€1.99m

2.4x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
Y23 income statement (TTM)
RevenueUS$2.16m
Cost of RevenueUS$2.05m
Gross ProfitUS$111.45k
Other ExpensesUS$32.39m
Earnings-US$32.28m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-16.84
Gross Margin5.16%
Net Profit Margin-1,494.18%
Debt/Equity Ratio-100.9%

How did Y23 perform over the long term?

See historical performance and comparison
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