AK

Akanda Corp

AKAN

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Akanda Corp AI Insights

Informational only. Not investment advice.
As of 2025-12-10

Snapshot

  • Negative EV (-1.8M) with 2.5M cash vs 345K market cap - trading below net cash despite 96% 3Y revenue growth[Enterprise Value]
  • Burning 2.5M FCF TTM against 2.5M cash - runway under 12 months without capital raise[Free Cash Flow TTM]
  • Operating margin -444% (TTM) vs industry median 0% - losses 37x revenue base of 837K[Operating Margin TTM]

Watch Triggers

  • Cash and Equivalents: Falls below 1.5MSignals <6 month runway, forcing emergency capital raise at distressed terms
  • Operating Margin TTM: Improves to -100% or betterWould indicate path to sustainability; current -444% is terminal without change
  • Issuance of Capital Stock TTM: Exceeds 2MAccelerating dilution would confirm equity as primary funding source

Bull Case

Trading at 0.1x book value with negative EV - any path to breakeven creates massive upside from 345K market cap

P/B RatioEnterprise ValueMarket Cap TTM

96% 3Y revenue CAGR (TTM) shows demand traction; scale could flip unit economics if OpEx stabilizes

Total Revenue 3Y Growth TTMOperating Expense TTM

Bear Case

Operating losses of 3.7M on 837K revenue (TTM) - losing $4.44 for every $1 sold with no margin improvement path visible

Operating Income TTMOperating Margin TTMTotal Revenue TTM

Sub-12 month cash runway with 420K shares outstanding - imminent dilution risk of 50%+ given burn rate

Cash and EquivalentsFree Cash Flow TTMShares Outstanding TTM

Bull vs Bear Balance

AI-generated sentiment analysis based on fundamental metrics and market conditions.

BearBull
20%

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Forward Thesis

Cash runway exhaustion within 12 months will force dilutive capital raise or strategic sale

3-12mhigh
  • FCF burn of -2.5M TTM vs 2.5M cash
  • Already raised 1.7M via stock issuance TTM
  • No debt capacity at 0.12 D/E
Cash 2.5M, FCF -2.5M TTMIssuance of capital stock 1.7M TTMOperating loss -3.7M TTM

Valuation Context

Caveats

Public Strategies Rankings

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Fundamental company data provided by Morningstar, updated daily.

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