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Akerna Corp.NasdaqCM:KERN Stock Report

Market Cap US$3.2m
Share Price
n/a
My Fair Value
n/a
1Y-64.3%
7D25.9%
1D
Portfolio Value
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Akerna Corp.

NasdaqCM:KERN Stock Report

Market Cap: US$3.2m

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

Akerna (KERN) Stock Overview

Akerna Corp. provides enterprise software solutions that enable regulatory compliance and inventory management in the United States and Canada. More details

KERN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Risk Analysis

Earnings have declined by 32.9% per year over past 5 years

Does not have a meaningful market cap ($3M)

Negative shareholders equity

Shareholders have been substantially diluted in the past year

+ 2 more risks

KERN Community Fair Values

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Akerna Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Akerna
Historical stock prices
Current Share PriceUS$6.27
52 Week HighUS$21.80
52 Week LowUS$3.40
Beta2.79
1 Month Change-7.74%
3 Month Change30.18%
1 Year Change-64.34%
3 Year Change-99.79%
5 Year Changen/a
Change since IPO-99.90%

Recent News & Updates

Recent updates

Analysis Article • Oct 19

Akerna Corp.'s (NASDAQ:KERN) Revenues Are Not Doing Enough For Some Investors

Akerna Corp.'s ( NASDAQ:KERN ) price-to-sales (or "P/S") ratio of 0.2x might make it look like a strong buy right now...
Seeking Alpha • Oct 03

Akerna announces $5M private placement of convertible redeemable preferred stock

Akerna (NASDAQ:KERN) on Monday announced a securities purchase deal with certain institutional investors to buy 400K series A convertible redeemable preferred shares and 100K series B convertible redeemable preferred shares. Each series A and series B preferred share has a purchase price of $9.50, and is convertible into KERN shares at an initial conversion price of $0.25/share. The series A and series B preferred stock are convertible at the option of the holder at any time after KERN gets shareholder approval for a reverse stock split. KERN and holders of the preferred stock also entered into a registration rights deal to register the resale of shares issuable upon conversion of the preferred stock. Total gross proceeds from the offerings is $5M. The closing of the offering is expected on or about Oct. 4.
Analysis Article • Aug 14

Akerna Corp. (NASDAQ:KERN) Analysts Just Slashed This Year's Revenue Estimates By 12%

Today is shaping up negative for Akerna Corp. ( NASDAQ:KERN ) shareholders, with the analysts delivering a substantial...
Seeking Alpha • Aug 10

Akerna GAAP EPS of -$0.83, revenue of $6.1M

Akerna press release (NASDAQ:KERN): Q2 GAAP EPS of -$0.83. Revenue of $6.1M (+24.5% Y/Y). Shares +1.3%. Software revenue was $5.9 million, up 33% year-over-year Gross profit of $4.2 million, or 69.8% of total revenues, was up 42% year-over-year compared to $3.0 million, or 60.9% of total revenues in the same period of 2021 Loss from operations was $29.2 million, including a $24.1 million impairment of certain long-lived assets, compared to a loss of $6.1 million year—over-year
Seeking Alpha • Jun 30

Akerna slashes 48%, prices $10M offering

Akerna (NASDAQ:KERN) prices an underwritten public offering of 29.38M units of the company consisting of 29.38M shares together with stock warrants to purchase up to 29.38M shares of common stock and (ii) 14.09M pre-funded units, consisting of 14.09M pre-funded. The units are being sold at a public offering price of $0.23 per unit and the pre-funded units are being sold at a public offering price of $0.2299 per pre-funded unit. Company has granted the underwriters a 45-day option to purchase up to (i) an additional ~6.52M shares of common stock and/or (ii) 6.52M common warrants and/or (iii) 6.52 pre-funded warrants to cover over-allotments, if any, with the total over-allotments not to exceed 13.04M shares, including the common stock underlying the common warrants and pre-funded warrants. Gross proceeds are expected to be ~$10M. Closing expected on or about July 5, 2022. Net proceeds to be deployed for general corporate purposes, including servicing our ongoing debt obligations under our convertible notes, working capital, marketing, product development and capital expenditures. Stock declined about 48% during pre-market trade.
Seeking Alpha • Nov 05

Akerna Corp.: Pot Industry Enabler

Akerna Corp. (KERN) is a leader in providing enterprise software solutions and consultancy to all elements of the cannabis industry. However, its share price is off substantially due to a perceived smaller addressable market, competition, and feet dragging in Washington DC over federal legalization of cannabis. With the SAFE Act likely up for a Senate vote in the next six months and insider buying, this busted IPO warranted further investigation. A full investment analysis follows in the paragraphs.
Analysis Article • Aug 18

Is Akerna (NASDAQ:KERN) Using Debt In A Risky Way?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article • May 03

Is Akerna (NASDAQ:KERN) Using Debt Sensibly?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Mar 10

The Akerna (NASDAQ:KERN) Share Price Has Gained 14% And Shareholders Are Hoping For More

Akerna Corp. ( NASDAQ:KERN ) shareholders might be rather concerned because the share price has dropped 32% in the last...
Analysis Article • Feb 03

Here's What Akerna Corp.'s (NASDAQ:KERN) Shareholder Ownership Structure Looks Like

If you want to know who really controls Akerna Corp. ( NASDAQ:KERN ), then you'll have to look at the makeup of its...

Shareholder Returns

KERNUS SoftwareUS Market
7D25.9%-3.2%2.2%
1Y-64.3%-15.1%24.8%

Return vs Industry: KERN underperformed the US Software industry which returned 51.1% over the past year.

Return vs Market: KERN underperformed the US Market which returned 19.2% over the past year.

Price Volatility

Is KERN's price volatile compared to industry and market?
KERN volatility
KERN Average Weekly Movement22.7%
Software Industry Average Movement9.9%
Market Average Movement7.2%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: KERN's weekly volatility has increased from 16% to 23% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2010112Jessica Billingsleywww.akerna.com

Akerna Corp. provides enterprise software solutions that enable regulatory compliance and inventory management in the United States and Canada. The company offers MJ Platform for the cannabis, hemp, and CBD industry; and Leaf Data Systems, a government regulatory software. It also provides consulting services to cannabis industry; business intelligence, data analytics and other software related services; and Last Call Analytics, a retail analytics platform.

Akerna Corp. Fundamentals Summary

How do Akerna's earnings and revenue compare to its market cap?
KERN fundamental statistics
Market capUS$3.25m
Earnings (TTM)-US$20.73m
Revenue (TTM)US$9.82m
0.3x
P/S Ratio
-0.2x
P/E Ratio

Is KERN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KERN income statement (TTM)
RevenueUS$9.82m
Cost of RevenueUS$4.23m
Gross ProfitUS$5.59m
Other ExpensesUS$26.32m
Earnings-US$20.73m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-40.05
Gross Margin56.96%
Net Profit Margin-211.13%
Debt/Equity Ratio-93.3%

How did KERN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/02/13 03:13
End of Day Share Price 2024/02/09 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Akerna Corp. is covered by 4 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian KinstlingerAlliance Global Partners
Scott BuckH.C. Wainwright & Co.
Eric MartinuzziLake Street Capital Markets, LLC