SMTK
Income statement / Annual
Last year (2025), SmartKem Inc's total revenue was $15.61 M,
an increase of 18,937.80% from the previous year.
In 2025, SmartKem Inc's net income was -$10.51 M.
See SmartKem Inc,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
| Operating Revenue |
$15.61 M |
$82.00 K |
$27.00 K |
$40.00 K |
| Cost of Revenue |
$272.00 K
|
$32.00 K
|
$23.00 K
|
$33.00 K
|
| Gross Profit |
$15.34 M
|
$50.00 K
|
$4.00 K
|
$7.00 K
|
| Gross Profit Ratio |
0.98
|
0.61
|
0.15
|
0.18
|
| Research and Development Expenses |
$7.02 M
|
$5.11 M
|
$5.56 M
|
$5.80 M
|
| General & Administrative Expenses |
$7.37 M
|
$6.34 M
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$7.37 M
|
$6.34 M
|
$5.19 M
|
$5.07 M
|
| Other Expenses |
$0.00
|
-$939.00 K
|
-$749.00 K
|
-$1.17 M
|
| Operating Expenses |
$14.39 M
|
$10.51 M
|
$10.00 M
|
$9.71 M
|
| Cost And Expenses |
$14.66 M
|
$10.55 M
|
$10.02 M
|
$9.74 M
|
| Interest Income |
$0.00
|
$7.00 K
|
$12.00 K
|
$5.00 K
|
| Interest Expense |
$73.00 K
|
$0.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$0.00
|
$526.00 K
|
$408.00 K
|
$462.00 K
|
| EBITDA |
-$1.42 M |
-$9.86 M |
-$9.50 M |
-$9.23 M |
| EBITDA Ratio |
-0.09
|
-120.24
|
-351.7
|
-230.8
|
| Operating Income Ratio |
0.06
|
-127.61
|
-370.04
|
-242.45
|
| Total Other Income/Expenses Net |
-$11.48 M
|
$135.00 K
|
$1.49 M
|
-$1.78 M
|
| Income Before Tax |
-$10.53 M
|
-$10.33 M
|
-$8.50 M
|
-$11.47 M
|
| Income Before Tax Ratio |
-0.67
|
-125.96
|
-314.78
|
-286.78
|
| Income Tax Expense |
-$24.00 K
|
$1.00 K
|
$0.00
|
$24.00 K
|
| Net Income |
-$10.51 M
|
-$10.33 M
|
-$8.50 M
|
-$11.50 M
|
| Net Income Ratio |
-0.67
|
-125.98
|
-314.78
|
-287.38
|
| EPS |
-1.29 |
-3.17 |
-6.32 |
-13.94 |
| EPS Diluted |
-1.29 |
-3.17 |
-6.32 |
-13.94 |
| Weighted Average Shares Out |
$8.16 M
|
$3.26 M
|
$1.34 M
|
$824.62 K
|
| Weighted Average Shares Out Diluted |
$8.16 M
|
$3.26 M
|
$1.34 M
|
$824.62 K
|
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