Akanda Corp. (AKAN) Income Statement
AKAN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsAKAN revenue and net income
Where AKAN's revenue goes
2025Each bar shows an amount and its share of revenue. AKAN kept −17,690.2% of revenue as net income.
AKAN profit margins
AKAN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −69.2% | −53.8% | +162.7% | — |
| Gross profit | −174.9% | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
AKAN quarterly EPS vs estimates
Akanda beat the analyst EPS estimate in 0 of the last 4 quarters.
AKAN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $258,075 | $836,664 | $2.2M | $2.6M | $41,431 | $2,062 | $0 |
| Cost of revenue | $414,098 | $628,282 | $2.0M | $649,877 | $756,157 | $1,809 | $198,824 |
| Gross profit | −$156,023 | $208,382 | $111,449 | $3.3M | −$714,726 | $253 | −$198,824 |
| Sales, general & admin | $4.4M | $4.4M | $8.3M | $19.8M | $5.8M | $1.4M | $702,411 |
| Total operating expenses | $4.8M | $4.6M | $10.2M | $22.1M | $6.1M | $1.7M | $901,235 |
| Operating income | −$5.0M | −$4.4M | −$10.1M | −$20.2M | −$2.6M | −$1.7M | −$901,235 |
| Interest income | $0 | $6,492 | $39 | $886 | $26,749 | $10,188 | $401 |
| Interest expense | $925,092 | $100,107 | $255,656 | $115,324 | $10,509 | $645,162 | $493,807 |
| Income before taxes | −$47.4M | −$3.3M | −$32.3M | −$8.2M | −$2.5M | −$2.3M | −$1.4M |
| Income taxes | — | — | −$1 | −$8.6M | $1.1M | $645,400 | $493,807 |
| Net income | −$45.7M | −$4.1M | −$32.3M | −$11.7M | −$8.1M | −$2.3M | −$1.9M |
| EBITDA | −$46.0M | −$3.0M | −$27.7M | −$4.4M | −$2.2M | −$1.4M | −$702,010 |
| EPS (diluted) | −$103.57 | −$140.76 | −$1434.45 | — | −$0.28 | −$127.10 | −$104.33 |
| Gross margin | −60.5% | 24.9% | 5.2% | 124.8% | −1,725.1% | 12.3% | — |
| Operating margin | −1,931.0% | −523.8% | −465.3% | −770.2% | −6,203.4% | −80,787.3% | — |
| Net margin | −17,690.2% | −489.6% | −1,494.2% | −445.0% | −19,625.9% | −111,569.9% | — |
| Jun '26 | Mar '26 | Sep '25 | Mar '25 | Sep '24 | Mar '24 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | Mar '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $404,394 | $258,075 | $0 | $359,658 | $477,006 | $762,608 | $381,304 | $1.4M | $2.5M | $73,096 | $1.3M | $24,072 |
| Cost of revenue | $1.1M | $1.2M | $83,862 | $12,028 | $616,254 | $1.6M | $793,284 | $4.2M | $5.4M | $7.5M | $314,835 | $744,688 |
| Gross profit | −$647,234 | −$903,742 | −$83,862 | $347,630 | −$139,248 | −$823,960 | −$411,980 | −$2.8M | −$2.9M | −$7.4M | $958,458 | −$720,616 |
| Sales, general & admin | — | — | $1.4M | $1.7M | $2.2M | $1.0M | $511,271 | $3.2M | $7.6M | $3.5M | $5.2M | $1.8M |
| Total operating expenses | $4.2M | $2.8M | $1.4M | $2.4M | $2.2M | $3.4M | $12.8M | $3.2M | $7.6M | $3.5M | $6.2M | $1.9M |
| Operating income | −$4.8M | −$3.7M | −$1.5M | −$2.0M | −$2.4M | −$4.2M | −$2.0M | −$5.9M | −$10.4M | −$11.0M | −$4.6M | −$2.6M |
| Interest expense | $820,127 | $907,343 | $17,749 | $19,086 | $81,021 | $62,396 | $31,198 | $224,458 | $78,718 | $36,606 | — | $49,774 |
| Income before taxes | −$6.2M | −$46.0M | −$1.4M | −$1.0M | −$2.2M | −$26.4M | −$13.2M | −$5.9M | −$9.4M | $4.3M | −$4.7M | −$2.9M |
| Income taxes | — | — | — | −$673,760 | $673,760 | $8 | $4 | $4 | −$324,804 | $3.7M | — | −$49,774 |
| Net income | −$6.2M | −$44.8M | −$815,000 | −$1.4M | −$2.7M | −$26.4M | −$13.2M | −$5.9M | −$9.1M | −$2.6M | −$4.7M | −$2.8M |
| EBITDA | −$4.6M | −$3.4M | −$1.4M | −$990,779 | −$2.0M | −$2.0M | −$976,038 | −$3.5M | −$7.2M | −$3.8M | −$3.6M | −$2.8M |
| EPS (diluted) | — | — | −$2.02 | −$2.03 | −$4.71 | — | — | — | — | — | — | −$0.50 |
| Gross margin | −160.1% | −350.2% | — | 96.7% | −29.2% | −108.0% | −108.0% | −197.9% | −112.1% | −10,135.4% | 75.3% | −2,993.6% |
| Operating margin | −1,191.5% | −1,445.0% | — | −564.3% | −493.2% | −554.7% | −521.9% | −424.3% | −410.0% | −14,981.9% | −363.6% | −10,963.6% |
| Net margin | −1,532.3% | −17,342.7% | — | −392.9% | −562.4% | −3,461.4% | −3,461.4% | −420.6% | −355.9% | −3,548.4% | −368.7% | −11,678.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AKAN's financial statements (latest annual report filed June 9, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AKAN financial results
In fiscal year 2025 (ended December 31, 2025), Akanda reported revenue of $0.3 million, down 69.2% from the year before. It had a net loss of $45.7 million, a net profit margin of −17,690.2%. Diluted earnings per share came to −$103.57. Over five years revenue grew at an average rate of 162.7% a year.
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AKAN income statement FAQ
What is Akanda's annual revenue?
Akanda reported total revenue of $0.3 million for fiscal year 2025, which ended on December 31, 2025. That was down 69.2% from $0.8 million the previous year.
Is Akanda profitable?
No. Akanda reported a net loss of $45.7 million in fiscal 2025, a net profit margin of −17,690.2%; its operating margin was −1,931.0%.
What is Akanda's gross margin?
Akanda's gross margin was −60.5% in fiscal 2025: for every $100 of revenue, Akanda kept $-60 after the direct cost of its products and services.
How fast is Akanda growing?
Revenue grew 162.7% a year on average over the last five fiscal years, from $0.0 million to $0.3 million.
What are Akanda's earnings per share?
Akanda earned $-103.57 per diluted share in fiscal 2025, compared with $-140.76 a year earlier.
When does Akanda's fiscal year end?
Akanda's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on June 9, 2026.