SmartKem, Inc.
SMTK Nasdaq· Semiconductors & Related Devices
Last close · Oct 27, 2026
$0.44
KIRA · Stoqly’s AI analyst, in plain words
- SmartKem, Inc. had $0.7M of revenue in fiscal 2025, up 750.0% on the year before. Over five years, revenue changed +49.3% a year on average.
- Its operating margin was −1,841.5%, up 10,919.5 pts: of every 100 in sales, about −1,841 is left after running the business.
- SmartKem, Inc. lost $10.5M in fiscal 2025.
- Free cash flow was −$7.9M in fiscal 2025, −1,127.5% of revenue.
Market cap
$10.2M
P/E
—
Revenue
$0.7M
Net income
−$10.5M
Free cash flow
−$7.9M
Operating margin
−1,841.5%
SmartKem, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+750.0%
Yes. Sales grew 750.0% last year.
Does it make a profit?
−1,507.7%
No. It lost money last year.
Does profit turn into cash?
−1,127.5%
No. It spent more cash than it brought in.
How healthy are the accounts?
2 / 8
Weak. It passes 2 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What SmartKem, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Apr 8, 2026
- Legal name
- SmartKem, Inc.
- CIK
- 0001817760
SmartKem, Inc. · SMTK
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $0.0M | $0.0M | $0.0M | $0.1M | $0.7M |
| Revenue growth | −80.9% | 122.2% | −32.5% | 203.7% | 750.0% |
| Gross margin | 55.6% | 17.5% | 14.8% | 61.0% | 61.0% |
| Operating margin | −90,566.7% | −24,235.0% | −37,003.7% | −12,761.0% | −1,841.5% |
| Net income | −$17.1M | −$11.5M | −$8.5M | −$10.3M | −$10.5M |
| Net margin | −95,144.4% | −28,737.5% | −31,477.8% | −12,597.6% | −1,507.7% |
| Diluted EPS | −$0.68 | −$13.88 | −$6.32 | −$6.00 | −$1.29 |
| Cash | |||||
| Cash from operations | −$9.7M | −$9.0M | −$8.0M | −$8.1M | −$7.7M |
| Capital expenditure | $0.3M | $0.1M | $0.0M | $0.1M | $0.1M |
| Free cash flow | −$10.1M | −$9.1M | −$8.1M | −$8.2M | −$7.9M |
| FCF margin | −55,938.9% | −22,820.0% | −29,833.3% | −9,964.6% | −1,127.5% |
| Share count change | 96.8% | −96.7% | 62.4% | 142.4% | 150.2% |
| Debt and strength | |||||
| Cash and short-term investments | $12.2M | $4.2M | $8.8M | $7.1M | $0.4M |
| Shareholders' equity | $13.5M | $5.9M | $8.1M | $6.6M | −$3.9M |
| Current ratio | 9.3x | 4.6x | 6.0x | 3.7x | 0.3x |
| Interest coverage | −858.0x | — | — | — | — |
| Returns and quality | |||||
| Return on equity | −222.8% | −118.5% | −121.4% | −140.5% | −791.0% |
| Return on tangible equity | −126.7% | −195.4% | −104.8% | −296.7% | — |
| Piotroski F-score | 4 | 3 | 3 | 3 | 2 |
| Altman Z'' | −8.8 | −38.0 | −25.7 | −42.3 | −229.3 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
SmartKem, Inc. · SMTK
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $0.44 a share, the company is worth $10.2M.
Source: SEC EDGAR XBRL filings (CIK 0001817760). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.