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Akanda NasdaqCM:AKAN Stock Report

Last Price

US$0.10

Market Cap

US$872.4k

7D

9.1%

1Y

-89.9%

Updated

26 Apr, 2024

Data

Company Financials

AKAN Stock Overview

Akanda Corp., through its subsidiaries, engages in the cultivation, manufacture, and distribution of cannabis products to patients worldwide.

AKAN 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$0.10
52 Week HighUS$2.70
52 Week LowUS$0.086
Beta1.61
1 Month Change-37.54%
3 Month Change-74.87%
1 Year Change-89.90%
3 Year Changen/a
5 Year Changen/a
Change since IPO-99.90%

Recent News & Updates

Recent updates

Akanda gains ahead of plans for first shipment of medical cannabis to Germany

Sep 26

Akanda adds Aurora Cannabis founder as Chair of advisory board

Sep 08

Akanda adds new hires eyeing European expansion

Aug 24

Shareholder Returns

AKANUS PharmaceuticalsUS Market
7D9.1%0.7%2.9%
1Y-89.9%10.8%22.2%

Return vs Industry: AKAN underperformed the US Pharmaceuticals industry which returned 10.6% over the past year.

Return vs Market: AKAN underperformed the US Market which returned 21.9% over the past year.

Price Volatility

Is AKAN's price volatile compared to industry and market?
AKAN volatility
AKAN Average Weekly Movement24.6%
Pharmaceuticals Industry Average Movement9.7%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: AKAN's weekly volatility has increased from 18% to 25% over the past year.

About the Company

FoundedEmployeesCEOWebsite
202146Katie Fieldwww.akandacorp.com

Akanda Corp., through its subsidiaries, engages in the cultivation, manufacture, and distribution of cannabis products to patients 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?
AKAN fundamental statistics
Market capUS$872.39k
Earnings (TTM)-US$15.27m
Revenue (TTM)US$3.94m

0.2x

P/S Ratio

-0.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AKAN income statement (TTM)
RevenueUS$3.94m
Cost of Revenue-US$167.63k
Gross ProfitUS$4.11m
Other ExpensesUS$19.38m
Earnings-US$15.27m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.80
Gross Margin104.25%
Net Profit Margin-387.08%
Debt/Equity Ratio22.8%

How did AKAN perform over the long term?

See historical performance and comparison
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