AKAN Income Statement
| Period Ending: |
LTM
(Last Twelve Months) |
2022 12-31 |
2021 12-31 |
2020 12-31 |
2019 12-31 |
|---|---|---|---|---|---|
| Report Filing: | 2023-05-02 | 2022-05-02 | 2020-12-31 | 2019-12-31 | |
| Revenue | 2619682 | 41431 | 2062 | 0 | |
| Cost of Revenue | 649877 | 756157 | 1809 | 198824 | |
| Gross Profit | 1969805 | -714726 | 253 | -198824 | |
| Operating Expenses | 22146194 | 6119002 | 1666088 | 702411 | |
| Research & Development | 0 | 0 | 0 | 0 | |
| Selling, General and Administrative | 19847625 | 5809980 | 1358786 | 702411 | |
| Other Operating Expenses | 2298569 | 309022 | 307302 | 0 | |
| Operating Income | -20176389 | -6833728 | -1665835 | -901235 | |
| Net Interest(Non Operating) | -114438 | -1066132 | -634974 | -493406 | |
| Interest Income | 886 | 26749 | 10188 | 401 | |
| Interest Expense | 115324 | 1092881 | 645162 | 493807 | |
| Equity & Other Income/(Expense) | 12055378 | -231337 | 238 | 0 | |
| Income Before Tax | -8235449 | -8131197 | -2300571 | -1394641 | |
| Income Tax Expense | -8632494 | 1092935 | 645400 | 493807 | |
| Income Attributable to Non-Controlling Interest | 0 | 0 | 0 | 0 | |
| Net Income | 397045 | -9224132 | -2945971 | -1888448 | |
| Depreciation and Amortization | 3764866 | 335825 | 259299 | 199225 | |
| EBITDA | -16411523 | -6497903 | -1406536 | -702010 | |
| Earnings Per Share (EPS) | 0.11 | -3.19 | -1.02 | -0.65 | |
| Diluted Earnings Per Share | 0.11 | -3.19 | -1.02 | -0.65 | |
| Weighted Average Shares Outstanding | 3463737 | 2890309 | 2890309 | 2890309 | |
| Diluted Weighted Average Shares Outstanding | 3463737 | 2890309 | 2890309 | 2890309 |
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