Akanda Corp.
Income Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $836.7K | $423.7K | $2.6M | $41.4K | $2.1K |
| Cost of Revenue | $628.3K | $364.3K | $566.3K | $43.0K | $1.8K |
| Gross Profit | $208.4K | $59.3K | $3.3M | $-1.6K | $-58.2K |
| Gross Margin | 24.9% | 14.0% | 124.8% | -3.8% | -2,821.3% |
| Operating Expenses | |||||
| Research & Development | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — |
| Operating Income | $-4.4M | $-3.7M | $-20.2M | $-2.6M | $-1.7M |
| Operating Margin | -523.8% | -863.6% | -770.2% | -6,203.4% | -80,781.0% |
| Interest Expense | — | $14.6K | — | — | — |
| Pretax Income | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — |
| Net Income | $-4.1M | $-32.3M | $-11.7M | $-8.1M | $-2.3M |
| Net Margin | -489.6% | -7,617.7% | -445.0% | -19,625.9% | -111,569.9% |
| EPS (Basic) | $-3.93 | $-573.11 | $-3.86 | $-0.50 | $-0.18 |
| EPS (Diluted) | $-3.93 | $-573.11 | $-3.86 | $-0.50 | $-0.18 |
| Shares Outstanding (Basic) | 2.0M | 5.6M | 34.6M | — | — |
| Shares Outstanding (Diluted) | 2.0M | 5.6M | 34.6M | — | — |
| Dividends Per Share | — | — | — | — | — |