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SmartKem, Inc.
Nasdaq · CIK 1817760
Last close1.65
Daily change+0.01 (0.61%)
10 Years gain-99.62%
Dividends TTM0
Dividend yield0.00%
Fundamental Analysis
SMTK · STANDARD
SIC 3674 · Semiconductors & Related Devices · Fiscal year end 1231
Fundamental
65.8Momentum
100.0Acceleration
60.0Confidence
82.0Annual Revenue6
Quarterly Revenue16
Annual CFO6
Balance SheetAvailable
RankingEligible
Score Breakdown
Growth25.0 / 25
Quality12.5 / 25
Capital Efficiency0.0 / 20
Balance Sheet15.0 / 15
Shareholder Economics10.0 / 10
Forward Indicators0.0 / 5
Signals
Gross margin expansionGross margin improved by 23.6956 percentage points.
Operating leverageOperating margin improved by 8674.026 percentage points.
Net debt reductionNet debt declined versus the comparison period.
Warnings
Heavy share dilution · HIGHDiluted share count increased 253.5615%.
ROIC declining · MEDIUMROIC declined by 74.1042 percentage points.
Key Metrics
Revenue Growth TTM101.52%OK
Revenue CAGR 3Y159.25%OK
Gross Margin72.18%OK
Operating Margin-8,671.43%OK
FCF Marginn/aMISSING
FCF Growthn/aINSUFFICIENT_HISTORY
ROIC-186.34%OK
Incremental Operating Margin 3Y-18,643.79%OK
Net Debt / CFOn/aNOT_MEANINGFUL
Diluted Share Growth 1Y253.56%OK
SBC / Revenuen/aMISSING
SBC / FCFn/aNOT_MEANINGFUL
Financial History
| Period | Revenue | Gross Profit | Operating Income | CFO | FCF | Gross Margin | Op Margin | FCF Margin | ROIC | Shares |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 FY Dec 31, 2025 | $697,000.00 | $425,000.00 | -$12.84M | -$7.74M | -$7.86M | 60.98% | -1,841.46% | -1,127.55% | n/a | 8.16M |
| 2025 FY Dec 31, 2024 | $82,000.00 | $50,000.00 | -$10.46M | -$8.10M | -$8.17M | 60.98% | -12,760.98% | -9,964.63% | n/a | 3.26M |
| 2024 FY Dec 31, 2023 | $27,000.00 | $4,000.00 | -$9.99M | -$8.04M | -$8.06M | 14.81% | -37,003.7% | -29,833.33% | -1,706.57% | 1.34M |
| 2023 FY Dec 31, 2022 | $40,000.00 | $7,000.00 | -$9.69M | -$9.05M | -$9.13M | 17.5% | -24,235% | -22,820% | -520.26% | 827,906 |
| 2022 FY Dec 31, 2021 | $18,000.00 | $10,000.00 | -$16.30M | -$9.73M | -$10.07M | 55.56% | -90,566.67% | -55,938.89% | -1,080.87% | 25.23M |
Formula Trace
| Metric | Value | Formula | Status | Source |
|---|---|---|---|---|
| Revenue TTM | $133,000.00 | sum latest 4 fiscal quarters Revenue | OK | 0001104659-26-097087, 0001104659-25-111274 |
| Revenue Growth TTM | 101.52% | Revenue_TTM / Revenue_TTM_1Y_ago - 1 | OK | 0001104659-26-097087, 0001104659-25-111274 |
| Revenue CAGR 3Y | 159.25% | (Revenue_current / Revenue_3Y_ago)^(1/3) - 1 | OK | 0001104659-26-040562 |
| Revenue CAGR 5Y | 49.29% | (Revenue_current / Revenue_5Y_ago)^(1/5) - 1 | OK | 0001104659-26-040562 |
| Gross Profit CAGR 3Y | 293.03% | (GrossProfit_current / GrossProfit_3Y_ago)^(1/3) - 1 | OK | 0001104659-26-040562 |
| Operating Income Growth | n/a | OperatingIncome_current / OperatingIncome_prior_year - 1 | INSUFFICIENT_HISTORY | 0001104659-26-097087, 0001104659-25-111274 |
| FCF Growth | n/a | FCF_current / FCF_prior_year - 1 | INSUFFICIENT_HISTORY | derived |
| Revenue Growth Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Profit Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Income Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| FCF Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Margin | 72.18% | Gross Profit / Revenue | OK | 0001104659-26-097087, 0001104659-25-111274 |
| Operating Margin | -8,671.43% | Operating Income / Revenue | OK | 0001104659-26-097087, 0001104659-25-111274 |
| ROIC | -186.34% | NOPAT / Average Invested Capital | OK | 0001104659-26-097087, 0001104659-25-111274 |
| Net Debt / CFO | n/a | Net Debt / CFO | NOT_MEANINGFUL | 0001104659-26-097087 |
| Current Ratio | 15.34x | Current Assets / Current Liabilities | OK | derived |
| Revenue per Diluted Share | $0.01 | Revenue / Diluted Shares | OK | 0001104659-26-097087, 0001104659-25-111274 |
| SBC / FCF | n/a | SBC / FCF | NOT_MEANINGFUL | derived |