Financials in USD. Standardized financial statements.
A compact view of how SmartKem, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Revenue? | $15.61M | $82,000 | $27,000 | $40,000 |
| Revenue Growth? | +18937.8% | +203.7% | -32.5% | 0.0% |
| Cost of Revenue? | $272,000 | $32,000 | $23,000 | $33,000 |
| Gross Profit? | $15.34M | $50,000 | $4,000 | $7,000 |
| Gross Margin? | +98.3% | +61.0% | +14.8% | +17.5% |
| Operating Expenses? | $14.39M | $10.51M | $9.99M | $9.71M |
| Operating Income? | $951,000 | -$10.46M | -$9.99M | -$9.70M |
| EBITDA? | -$1.42M | -$9.86M | -$9.50M | -$9.23M |
| Income Before Tax | -$10.53M | -$10.33M | -$8.50M | -$11.47M |
| Income Tax Expense | -$24,000 | $1,000 | $0 | $24,000 |
| Net Income? | -$10.51M | -$10.33M | -$8.50M | -$11.49M |
| EPS? | $-1.29 | $-3.17 | $-6.32 | $-13.94 |
| Diluted EPS? | $-1.29 | $-3.17 | $-6.32 | $-13.94 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality