Cannabis Software Firm Akerna Reports Q2 Revenue Of $4.9M, Up By 63% YoY

software firm Akerna (NASDAQ: KERN) released its financial results Monday for the second quarter of 2021, reporting total revenue of $4.9 million, up by 63% from the same period in .

Q2 Financial Highlights

  • Gross profit was $3.0 million, up by $153 year-over-year;
  • Net loss reached $6.1 million, flat with the corresponding quarter last year;
  • Adjusted EBITDA was a loss of $.16 million, which compares to an Adjusted EBITDA loss of $3.6 million in the same period of the prior year;
  • Software revenue reached $4.5 million, up by 56% from the same period in 2020;

At the end of the …

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