Akanda (Akanda) Net Margin % : 0.00% (As of Dec. 2023)

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What is Akanda Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Akanda's Net Income for the three months ended in Dec. 2023 was $0.00 Mil. Akanda's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Akanda's net margin for the quarter that ended in Dec. 2023 was 0.00%.

The historical rank and industry rank for Akanda's Net Margin % or its related term are showing as below:

AKAN's Net Margin % is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 3.255
* Ranked among companies with meaningful Net Margin % only.

Akanda Net Margin % Historical Data

The historical data trend for Akanda's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Akanda Net Margin % Chart

Akanda Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-115,050.00

-19,831.71

-444.96

-1,494.21

Akanda Quarterly Data
	Dec19	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial					-11,920.83	-	-	-	-

Competitive Comparison of Akanda's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Akanda's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Akanda's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Akanda's Net Margin % distribution charts can be found below:

* The bar in red indicates where Akanda's Net Margin % falls into.

Akanda Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Akanda's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-32.275	/	2.16
	=	-1,494.21 %

Akanda's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	0
	=	%

Akanda (NAS:AKAN) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Akanda Net Margin % Related Terms

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Akanda (Akanda) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Akanda Corp (NAS:AKAN) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

Y230:Germany

Address

1A, 1B Learoyd Road, New Romney, GBR, TN28 8XU

Website

https://www.akandacorp.com

Akanda Corp is a cannabis cultivation, manufacturing and distribution company. The Company has three reportable segments: Cultivation, Distribution and Corporate. Cultivating activities comprise the cultivation segment is made up of the medical cannabis cultivation operations at RPK/Holigen in Portugal, and medical cannabis cultivation activities. Distributing activities relate to the distribution of medical cannabis by Canmart Ltd in the United Kingdom. Corporate activities entail head office costs and other general corporate expenses related to the administration of the broader group.