AKANDA CORP Financials
AKANDA CORP (AKAN) reported $258K in revenue for fiscal year 2025, down 69.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
External financing is supporting a shrinking revenue base while cash consumption expands and asset backing deteriorates.
Revenue was$258K in FY2025, below FY2024's level, while operating cash flow reached-$6.7M . That combination means the cash burden grew as the sales base contracted, pointing to a funding need not explained by expansion alone.
Equity shifted from
Financing cash flow was
Financial Health Signals
AKANDA CORP does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
AKANDA CORP passes 1 of 5 computable financial strength tests (4 of the nine could not be computed from available data). No profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
Key Financial Metrics
Earnings & Revenue
AKANDA CORP generated $258K in revenue in fiscal year 2025. This represents a decrease of 69.2% from the prior year.
AKANDA CORP earned -$669.58 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 21224.2% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
AKANDA CORP recorded an outflow of $8.0M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 31.0% from the prior year.
AKANDA CORP held $3.8M in cash against $209K in long-term debt as of fiscal year 2025, with $6.2M of liabilities due within a year.
Not reported for fiscal year 2025.
Margins & Returns
None of these metrics is reported for fiscal year 2025.
Capital Allocation
AKANDA CORP invested $1.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 41.2% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
AKAN Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Revenue | $258K-69.2% | $837K+97.5% | $424K-83.8% | $2.6M+6223.0% | $41K+1909.3% | $2K | N/A |
| Interest Expense | N/A | $1.1M+2179.3% | -$54K-100.4% | $11.9M | N/A | N/A | N/A |
| Net Income | N/A | -$4.1M+87.3% | -$32.3M-176.9% | -$11.7M-43.4% | -$8.1M-253.4% | -$2.3M-65.0% | -$1.4M |
| EPS (Diluted) | -$669.58-21224.2% | -$3.14 | -$65.92 | -$2.75 | -$0.15 | N/A | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, Income Tax.
AKAN Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Total Assets | $6.2M-21.7% | $7.9M-10.5% | $8.8M-77.3% | $39.0M+384.7% | $8.0M+88.2% | $4.3M | N/A |
| Current Assets | $3.6M-28.7% | $5.1M+180.0% | $1.8M-52.7% | $3.8M-4.0% | $4.0M+3019.3% | $128K | N/A |
| Cash & Equivalents | $3.8M0.0% | $3.8M+3992.5% | $94K-63.3% | $256K-92.7% | $3.5M+25784.1% | $14K-98.4% | $820K |
| Inventory | N/A | N/A | $1.3M+21.7% | $1.1M | N/A | $611 | N/A |
| Accounts Receivable | $1.4M+277.8% | $371K+30.2% | $285K-77.0% | $1.2M+409.8% | $242K | N/A | N/A |
| Total Liabilities | $18.2M+400.0% | $3.6M-71.3% | $12.7M+4.7% | $12.1M+18.0% | $10.2M+10.1% | $9.3M | N/A |
| Current Liabilities | $6.2M+70.4% | $3.6M-64.2% | $10.2M+8.8% | $9.3M+13.1% | $8.3M+202.7% | $2.7M | N/A |
| Long-Term Debt | $209K+595.6% | $30K | N/A | $117K-94.1% | $2.0M-23.8% | $2.6M | N/A |
| Total Equity | -$12.0M-380.4% | $4.3M+211.7% | -$3.8M-114.2% | $26.9M+1321.9% | -$2.2M+56.3% | -$5.0M-73.2% | -$2.9M |
| Retained Earnings | -$103.1M-79.4% | -$57.5M-7.7% | -$53.4M-153.0% | -$21.1M-58.6% | -$13.3M-157.5% | -$5.2M | N/A |
Not reported in any period shown, so not listed: Goodwill.
AKAN Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$6.7M-69.1% | -$4.0M-165.3% | -$1.5M+86.9% | -$11.5M-74.9% | -$6.6M | N/A | N/A |
| Capital Expenditures | $1.2M-41.2% | $2.1M+139589.6% | $2K-99.5% | $311K-46.1% | $576K+31.3% | $439K-34.5% | $670K |
| Free Cash Flow | -$8.0M-31.0% | -$6.1M-304.7% | -$1.5M+87.2% | -$11.8M-65.1% | -$7.1M | N/A | N/A |
| Investing Cash Flow | -$7.5M-633.3% | -$1.0M-4183.0% | $25K+100.6% | -$4.2M-631.8% | -$576K-33.4% | -$432K+37.6% | -$693K |
| Financing Cash Flow | $11.7M+29.9% | $9.0M+504.7% | $1.5M-89.5% | $14.1M+25.8% | $11.2M+987.2% | $1.0M-51.2% | $2.1M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
AKAN Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Net Margin | N/A | -489.6% | -7617.7% | -445.0% | -19625.9% | -111569.9% | N/A |
| Return on Equity | N/A | -95.8% | N/A | -43.3% | N/A | N/A | N/A |
| Return on Assets | N/A | -51.8%+313.3pp | -365.1%-335.2pp | -29.9%+71.2pp | -101.1%-47.2pp | -53.8% | N/A |
| Current Ratio | 0.58-0.8x | 1.39+1.2x | 0.18-0.2x | 0.41-0.1x | 0.48+0.4x | 0.05 | N/A |
| Debt-to-Equity | N/A | 0.01 | N/A | 0.00 | N/A | N/A | N/A |
| FCF Margin | -3085.6% | -726.5% | -354.5% | -449.7% | -17217.9% | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin, FCF Margin.
Note: Shareholder equity is negative (-$12.0M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.58), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where AKANDA CORP Ranks
Frequently Asked Questions
What is AKANDA CORP's annual revenue?
AKANDA CORP (AKAN) reported $258K in total revenue for fiscal year 2025. This represents a -69.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is AKANDA CORP's revenue growing?
AKANDA CORP (AKAN) revenue declined by 69.2% year-over-year, from $837K to $258K in fiscal year 2025.
How much debt does AKANDA CORP have?
As of fiscal year 2025, AKANDA CORP (AKAN) had $3.8M in cash and equivalents against $209K in long-term debt.
What is AKANDA CORP's free cash flow?
AKANDA CORP (AKAN) recorded an outflow of $8.0M in free cash flow during fiscal year 2025. This represents a -31.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is AKANDA CORP's operating cash flow?
AKANDA CORP (AKAN) recorded an outflow of $6.7M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are AKANDA CORP's total assets?
AKANDA CORP (AKAN) had $6.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are AKANDA CORP's capital expenditures?
AKANDA CORP (AKAN) invested $1.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is AKANDA CORP's current ratio?
AKANDA CORP (AKAN) had a current ratio of 0.58 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is AKANDA CORP's cash runway?
Based on fiscal year 2025 data, AKANDA CORP (AKAN) had $3.8M in cash against an annual operating cash burn of $6.7M. This gives an estimated cash runway of approximately 7 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is AKANDA CORP's debt-to-equity ratio negative or not reported?
AKANDA CORP (AKAN) has negative shareholder equity of -$12.0M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is AKANDA CORP's Piotroski F-Score?
AKANDA CORP (AKAN) has a Piotroski F-Score of 1 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.