SMTK
Income statement / Annual
Last year (2025), SmartKem Inc's total revenue was $697.00 K,
an increase of 750.00% 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 |
$697.00 K |
$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 |
$425.00 K
|
$50.00 K
|
$4.00 K
|
$7.00 K
|
| Gross Profit Ratio |
0.61
|
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 |
$0.00
|
$0.00
|
$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 |
-$951.00 K
|
-$1.02 M
|
-$836.00 K
|
-$1.17 M
|
| Operating Expenses |
$13.44 M
|
$10.44 M
|
$9.91 M
|
$9.70 M
|
| Cost And Expenses |
$13.71 M
|
$10.47 M
|
$9.93 M
|
$9.73 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 |
$417.00 K
|
$526.00 K
|
$408.00 K
|
$462.00 K
|
| EBITDA |
-$10.04 M |
-$9.86 M |
-$9.50 M |
-$9.23 M |
| EBITDA Ratio |
-14.41
|
-120.24
|
-351.7
|
-230.8
|
| Operating Income Ratio |
-18.67
|
-126.66
|
-366.81
|
-242.35
|
| Total Other Income/Expenses Net |
$2.48 M
|
$57.00 K
|
$1.41 M
|
-$1.78 M
|
| Income Before Tax |
-$10.53 M
|
-$10.33 M
|
-$8.50 M
|
-$11.47 M
|
| Income Before Tax Ratio |
-15.11
|
-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 |
-15.08
|
-125.98
|
-314.78
|
-287.38
|
| EPS |
-64.5 |
-158.5 |
-316 |
-697 |
| EPS Diluted |
-64.5 |
-158.5 |
-316 |
-697 |
| Weighted Average Shares Out |
$163.13 K
|
$65.20 K
|
$26.90 K
|
$16.49 K
|
| Weighted Average Shares Out Diluted |
$163.13 K
|
$65.20 K
|
$26.90 K
|
$16.49 K
|
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