SmartKem
SMTK · NASDAQ
Key indicators
SMTK profitability and balance sheet ratios
EPS -$0.1385 in Jun 2026, against -$0.2974 a year earlier.
| Period | EPS |
|---|---|
| Q3 FY24 | -$0.8589 |
| Q4 FY24 | -$0.702 |
| Q1 FY25 | -$0.3209 |
| Q2 FY25 | -$0.2974 |
| Q3 FY25 | -$0.4463 |
| Q4 FY25 | -$11.29 |
| Q1 FY26 | -$1.34 |
| Jun 2026 | -$0.1385 |
Where the money went
Q1 FY26, from revenue to net income
SmartKem brought in $0.0M of revenue in Q1 FY26, −13.0% on a year earlier. It made a net loss of $19.4M.
- Revenue
- $0.0M
- Costs, expenses and taxes
- $19.4M
- Net income
- −$19.4M
- Net margin
- -96845.0%
Income statement
Revenue and profit by reporting period
| Line item | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|
| Revenue | $0.6M | $0.0M | $0.0M |
| Gross profit | $0.3M | $0.0M | $0.0M |
| Operating income | −$3.3M | −$2.5M | −$47.1M |
| Net income | −$2.1M | −$19.4M | −$3.3M |
| Diluted EPS | -$11.26 | -$67.00 | -$7.00 |
Balance sheet
What the company owns and owes at period end
| Line item | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|
| Total assets | $2.3M | $9.5M | $10.4M |
| Total liabilities | $6.2M | $4.1M | $0.7M |
| Shareholder equity | −$3.9M | $5.4M | $9.7M |
| Cash and short-term investments | $0.4M | $7.6M | $3.7M |
| Total debt | $0.9M | $0.1M | $0.0M |
Cash flow
Cash in and out from operations, investing and financing
| Line item | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|
| Operating cash flow | −$1.4M | −$1.6M | −$1.8M |
| Investing cash flow | −$0.0M | $0.0M | −$7.4M |
| Financing cash flow | $1.0M | $8.6M | $4.5M |
| Capital expenditure | −$0.0M | $0.0M | $0.0M |
| Free cash flow | −$1.4M | −$1.6M | −$1.8M |
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