SmartKem, Inc. logo

SmartKem, Inc.

SMTK

NASDAQTechnologySemiconductors

Regular session

$3.65

−$0.76 · -17.23%

Aug 24, 11:00 AM ET

SMTK company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

56

Fair Value

Momentum

17

Strong Down

Sentiment

56

Mixed

Risk resilience

17

Extreme Risk

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Company profile

Company website

SmartKem, Inc. focuses on developing innovative materials and processes essential for organic thin-film transistor (OTFT) backplanes, which are crucial components in the production of flexible electronic devices. Their advanced transistor technology finds application in a diverse range of products. This includes bendable smartphone screens, curved displays for vehicles, e-paper, wearable gadgets, and specialized sensors like fingerprint and printed biosensors. The company was established in 2009 and is headquartered in Manchester, United Kingdom.

Industry
Semiconductors
Sector
Technology
Headquarters
GB
CEO
Ian Tudor Jenks
Listed since
Feb 3, 2022
Employees
29

Market position

Day range

Current $3.65

52-week range

Current $3.65

Open
$3.95
Previous close
$4.41
Volume
78.6K
0.01× average
Average volume
8.34M
Average daily volume
Market cap
1.89M USD
Beta
2.63
Market reference 1
50-day average
$10.2712
-64.46% below average
200-day average
$29.8148
-87.76% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
9.86M USD
P/E (TTM)
-0.03×
P/B (TTM)
0.18×
P/S (TTM)
2.85×
EV / EBITDA
-0.98×
Earnings yield
-120.41%
Free cash flow yield
-90.05%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
62.69%
Operating margin
-1390.03%
Net margin
-4320.39%
Return on equity
267.13%
Return on assets
-459.31%
Return on invested capital
535.80%

Financial health

Debt / equity
Current ratio
0.25×
Altman Z-score
-19.47
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends3735%-10962%-25659%-40356%Gross margin, FY2022: 17.50%Gross margin, FY2023: 14.81%Gross margin, FY2024: 60.98%Gross margin, FY2025: 60.98%Operating margin, FY2022: -24235.00%Operating margin, FY2023: -36681.48%Operating margin, FY2024: -12665.85%Operating margin, FY2025: -1866.86%Net margin, FY2022: -28737.50%Net margin, FY2023: -31477.78%Net margin, FY2024: -12597.56%Net margin, FY2025: -1507.75%FY2022FY2023FY2024FY2025
Gross margin FY2022 17.50%. Gross margin FY2023 14.81%. Gross margin FY2024 60.98%. Gross margin FY2025 60.98%. Operating margin FY2022 -24235.00%. Operating margin FY2023 -36681.48%. Operating margin FY2024 -12665.85%. Operating margin FY2025 -1866.86%. Net margin FY2022 -28737.50%. Net margin FY2023 -31477.78%. Net margin FY2024 -12597.56%. Net margin FY2025 -1507.75%.

Income trends

Revenue

697K USD+750.00%

Operating income

−13.01M USD-25.28%

Net income

−10.51M USD-1.73%
Income trends across reported periods2.07M USD−3.42M USD−8.9M USD−14.38M USDRevenue, FY2022: 40K USDRevenue, FY2023: 27K USDRevenue, FY2024: 82K USDRevenue, FY2025: 697K USDOperating income, FY2022: −9.69M USDOperating income, FY2023: −9.9M USDOperating income, FY2024: −10.39M USDOperating income, FY2025: −13.01M USDNet income, FY2022: −11.5M USDNet income, FY2023: −8.5M USDNet income, FY2024: −10.33M USDNet income, FY2025: −10.51M USDFY2022FY2023FY2024FY2025
Revenue FY2022 40K USD. Revenue FY2023 27K USD. Revenue FY2024 82K USD. Revenue FY2025 697K USD. Operating income FY2022 −9.69M USD. Operating income FY2023 −9.9M USD. Operating income FY2024 −10.39M USD. Operating income FY2025 −13.01M USD. Net income FY2022 −11.5M USD. Net income FY2023 −8.5M USD. Net income FY2024 −10.33M USD. Net income FY2025 −10.51M USD.
Metric (USD)FY2025FY2024FY2023FY2022
Revenue697K USD82K USD27K USD40K USD
Cost of goods sold272K USD32K USD23K USD33K USD
Gross profit425K USD50K USD4K USD7K USD
Research and development7.02M USD5.11M USD5.56M USD5.8M USD
Selling, general, and administrative7.37M USD6.34M USD5.19M USD5.07M USD
Operating expenses13.44M USD10.44M USD9.91M USD9.7M USD
Interest income7K USD12K USD5K USD
Interest expense73K USD
Depreciation and amortization417K USD526K USD408K USD462K USD
Operating income−13.01M USD−10.39M USD−9.9M USD−9.69M USD
Net income−10.51M USD−10.33M USD−8.5M USD−11.5M USD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.05

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-0.04-3.99-7.93-11.88Q4 '24Q2 '25Q2 '25Q3 '25Q4 '25Q2 '26Q2 '26Q3 '26
Q4 2024, reported Nov 12, 2024: actual -0.86, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 1, 2025: actual -1.2, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual -0.32, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 12, 2025: actual -0.3, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 13, 2025: actual -0.45, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 8, 2026: actual -11, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 20, 2026: actual -0.25, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 14, 2026: actual -0.05, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates605.64K404.61K203.58K2.55KQ4 '23No estimateQ3 '24No estimateQ2 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25MetQ2 '26No estimateQ2 '26No estimate
Q4 2023, reported Nov 13, 2023: actual 3K USD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 12, 2024: actual 40K USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 1, 2025: actual 42K USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 23K USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 12, 2025: actual 32K USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 13, 2025: actual 81K USD, estimate 81K USD, surprise 0.00%, Met estimate. Q2 2026, reported Apr 8, 2026: actual 561K USD, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 20, 2026: actual 20K USD, estimate —, surprise —, Comparison unavailable.

SMTK news

Corporate actions

Corporate action history

Stock split

Effective Aug 21, 2026

1:50

Stock split

Effective Sep 21, 2023

1:35

SMTK peers

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