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NASDAQ · COMMUNICATIONS SERVICES, NEC

Akanda Corp. AKAN

6 fiscal years on record · USD · FY2024 reported · SEC filings only
$836,664
▲ 97.5% YoY
$-4.1M
$-6.1M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Akanda discontinued its Canmart operations and moved to cultivating cannabis products at its British Columbia facilities, where it had not yet begun cultivation operations. Health Canada approved a hemp license for its subsidiary 1468243 B.C. LTD. As of June 8, 2026 it had two part-time executives and six full-time employees, none of them represented by labor unions or subject to collective bargaining agreements. Its subsidiary First Towers develops towers and operates a 700+km fiber optic network in the wireless market of Mexico. First Towers was incorporated in the province of British Columbia, Canada on February 24, 2017 under the name Canadian Towers and Fiber Optics Inc., and later took the name First Towers & Fiber Corp.

Written from the business description in AKANDA CORP.'s annual report to the U.S. Securities and Exchange Commission, filed 9 June 2026. Every sentence was checked against that document before publication.

Growth

USD 836,664.00
Revenue, FY2024 · full 6-year series below
Revenue $M Net income $M
FY2024 · Revenue 0.8 · Net income -4.1
-15M-30M
201920222024
Compound annual growth
+172.3%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−490 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -523.8% · Net -489.6%
-50000%
201920212024
ROE

Not applicable: equity was zero or negative in this period, so return on equity has no meaning.

Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Return on capital employedNot applicable: capital employed was zero or negative in this period, so return on capital employed has no meaning.

Cash & shareholders

·
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF -6.1
-5M-10M
201920212024

Total assetsUSD 7.9M
CashUSD 3.8M
Current ratio1.39×

Not available: we don't have the total debt figure for this period.

The 6-year record

6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
AKAN, 6-year financial record
Metric 202420232022202120202019
Revenue $B0.00.00.00.00.0◌
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B◌◌◌◌◌◌
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.0◌◌
EPS, diluted $−3.93−573.11−3.86−0.50−0.18−0.11
Dividend / sh $◌◌◌◌◌◌
Payout % — not applicable: no dividend——————
ROE % — not applicable: negative equity——————

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures · 1 divergence in 26 reconciliationsAUDITED

Reconciled in 5 of the 6 fiscal years we could check. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 26 checks were skipped: the balance sheet is not tagged before 2020. 13 checks were skipped: revenue is not tagged before 2020. 12 checks were skipped: EPS is not tagged before 2019.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures1 divergent
ActivityCommunications Services, NEC
Listed onNASDAQ
Incorporated inoutside the United States — SEC code A6
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2019

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