6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $697000 | -$11M | 61.0% | -1841.5% | 267.1% | -459.3% | -$8M | — | $374000 |
| 2024 | $82000 | -$10M | 61.0% | -12761.0% | -156.7% | -116.0% | -$8M | — | $7M |
| 2023 | $27000 | -$8M | 14.8% | -37003.7% | -104.8% | -75.4% | -$8M | — | $9M |
| 2022 | $40000 | -$11M | 17.5% | -24235.0% | -195.4% | -152.8% | -$9M | — | $4M |
| 2021 | $18000 | -$17M | 55.6% | -90566.7% | -126.7% | -113.7% | -$10M | — | $12M |
| 2020 | $94000 | -$23M | 41.5% | -4840.4% | -1249.8% | -784.4% | -$4M | — | $764000 |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $0 | -$3M | — | — | -33.6% | -31.5% | — | — | $4M |
| Mar '26 | $20000 | -$19M | 80.0% | -12865.0% | -358.3% | -204.4% | — | — | $8M |
| Dec '25 | $561000 | -$2M | 57.6% | -380.7% | 52.2% | -89.8% | -$1M | — | $374000 |
| Sep '25 | $81000 | -$4M | 93.8% | -3937.0% | 132.8% | -120.7% | — | — | $881000 |
| Jun '25 | $32000 | -$2M | 12.5% | -13662.5% | 1889.8% | -56.0% | — | — | $1M |
| Mar '25 | $23000 | -$2M | 95.7% | -13643.5% | -56.4% | -36.1% | — | — | $4M |
| Dec '24 | $42000 | -$3M | 100.0% | -5714.3% | -40.9% | -30.2% | -$1M | — | $7M |
| Sep '24 | $0 | -$3M | — | — | -124.6% | -66.0% | — | — | $2M |
| Jun '24 | $40000 | -$3M | 20.0% | -6942.5% | -67.5% | -43.9% | — | — | $4M |
| Mar '24 | — | -$2M | — | — | -25.9% | -17.4% | — | — | $7M |
| Dec '23 | $0 | -$1M | — | — | -17.3% | -12.4% | -$2M | — | $9M |
| Sep '23 | $3000 | -$3M | 66.7% | -89833.3% | -29.3% | -22.3% | -$3M | — | $11M |
| Jun '23 | $8000 | -$2M | 25.0% | -29587.5% | -16.4% | -12.6% | — | — | $14M |
| Mar '23 | $16000 | -$2M | 0.0% | -15962.5% | -55.0% | -38.7% | — | — | $2M |
| Dec '22 | -$20000 | -$1M | 15.0% | 12035.0% | -18.4% | -14.4% | -$2M | — | $4M |
| Sep '22 | $26000 | -$4M | 3.8% | -9465.4% | -50.2% | -41.3% | -$1M | — | $6M |
| Jun '22 | $4000 | -$4M | 50.0% | -60450.0% | -34.9% | -30.1% | -$2M | — | $8M |
| Mar '22 | $30000 | -$3M | 23.3% | -8026.7% | -21.4% | -19.5% | -$3M | — | $11M |
| Dec '21 | — | -$3M | — | — | -19.9% | -17.9% | -$2M | — | $12M |
| Sep '21 | — | -$3M | — | — | -16.5% | -15.2% | -$1M | — | $15M |
How the market has priced SMTK against its own fundamentals since 2024-05 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, SmartKem, Inc.'s revenue has grown 49.3% per year. These are computed facts, not advice.
As of FY2025, SmartKem, Inc. reported — of total debt against $374000 of cash.
In FY2025, gross margin was 61.0%, operating margin -1841.5%, and net margin -1507.7%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.