Akanda Corp.
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Akanda Corp.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 18% to $2,160,052. Profit margin reached -1494%. Total operating expenses were $10,162,822.
Profit Margin
| 2019 | 0 | -1.88M | |
|---|---|---|---|
| 2020 | 2.06K | -2.94M | -142869.59% |
| 2021 | 41.43K | -9.22M | -22263.84% |
| 2022 | 2.61M | 397.04K | 15.16% |
| 2023 | 2.16M | -32.27M | -1494.18% |
AKAN Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 2.16M | 2.61M | 41.43K | 2.06K | 0 |
Cost of revenue | 2.04M | 649.87K | 756.15K | 1.80K | 198.82K |
Gross profit | 111.44K | 1.96M | -714.72K | 253 | -198.82K |
Operating exp. | |||||
Research and development | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 10.16M | 23.44M | 6.11M | 1.66M | 901.23K |
Operating income | -10.05M | -20.17M | -6.83M | -1.66M | -901.23K |
Other income (expenses), net | -22.22M | 11.94M | -1.29M | -634.86K | -493.40K |
Income before tax | -32.27M | -8.23M | -8.13M | -2.30M | -1.39M |
Income tax expense | 0 | -8.63M | 1.09M | 645.4K | 493.80K |
Net income | -32.27M | 397.04K | -9.22M | -2.94M | -1.88M |
Earnings per share | |||||
Basic EPS | -7.16 | 0.11 | -3.19 | -40.77 | -0.65 |
Diluted EPS | -7.16 | 0.11 | -3.19 | -40.77 | -0.65 |
| Data source | Data source | Data source |