SmartKem, Inc. Income Statement
SMTK|5 years of annual SEC 10-K data (FY2021-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 5 fiscal years. All figures from audited SEC 10-K filings.
SmartKem, Inc. reported $82,000 in revenue and $10M in net loss for FY2025. Revenue has declined at a 3.4% compound annual rate over the past 4 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -16.20 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $82.0K | $27.0K | $40.0K | $18.0K | $94.0K |
| Cost of Revenue | $32.0K | $23.0K | $33.0K | $8.0K | $55.0K |
| Gross Profit | $50.0K | $4.0K | $7.0K | $10.0K | $39.0K |
| SG&A Expense | $6.3M | $5.2M | $5.1M | $8.1M | $1.7M |
| R&D Expense | $5.1M | $5.6M | $5.8M | $8.2M | $4.3M |
| Operating Income | -$10.5M | -$10.0M | -$9.7M | -$16.3M | -$4.5M |
| Interest Expense | - | - | - | $19.0K | $6.8M |
| Income Tax | $1.0K | $1.0K | $24.0K | $24.0K | - |
| Net Income | -$10.3M | -$8.5M | -$11.5M | -$17.1M | -$23.1M |
| EPS (Basic) | -$3.17 | -$6.32 | -$13.88 | -$0.68 | -$1.80 |
| EPS (Diluted) | -$6.00 | -$6.32 | -$13.88 | -$0.68 | -$1.80 |
| Shares Outstanding | 3.6M | 889.7K | 771.1K | 25.6M | 13.6M |
| Gross Margin | 61.0% | 14.8% | 17.5% | 55.6% | 41.5% |
| Operating Margin | -12761.0% | -37003.7% | -24235.0% | -90566.7% | -4840.4% |
| Profit Margin | -12597.6% | -31477.8% | -28737.5% | -95144.4% | -24609.6% |