SmartKem, Inc.SMTKEarnings & Financial Report
Nasdaq
SMTK Q3 2025 Key Financial Metrics
Revenue
$81.0K
Gross Profit
$76.0K
Operating Profit
$-3.2M
Net Profit
$-3.9M
Gross Margin
93.8%
Operating Margin
-3937.0%
Net Margin
-4839.5%
YoY Growth
N/A
EPS
$-0.45
Financial Flow
SmartKem, Inc. Q3 2025 Financial Summary
SmartKem, Inc. reported revenue of $81.0K for Q3 2025, with a net profit of $-3.9M (-4839.5% margin). Cost of goods sold was $5.0K, operating expenses totaled $3.3M.
Key Financial Metrics
| Total Revenue | $81.0K |
|---|---|
| Net Profit | $-3.9M |
| Gross Margin | 93.8% |
| Operating Margin | -3937.0% |
| Report Period | Q3 2025 |
SmartKem, Inc. Annual Revenue by Year
SmartKem, Inc. annual revenue history includes year-by-year totals (for example, 2023 revenue was $27.0K).
| Year | Annual Revenue |
|---|---|
| 2023 | $27.0K |
| 2022 | $40.0K |
Income Statement
| Q2 2023 | Q3 2023 | Q4 2023 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8000 | $3000 | $0 | $40000 | $0 | $23000 | $32000 | $81000 |
| YoY Growth | 100.0% | -88.5% | N/A | 400.0% | N/A | N/A | -20.0% | N/A |
Balance Sheet
| Q2 2023 | Q3 2023 | Q4 2023 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $16.1M | $13.6M | $11.3M | $7.1M | $4.3M | $5.9M | $4.3M | $3.2M |
| Liabilities | $3.7M | $3.3M | $3.2M | $2.5M | $2.0M | $2.1M | $4.4M | $6.2M |
| Equity | $12.3M | $10.3M | $8.1M | $4.6M | $2.3M | $3.8M | $-127000 | $-3.0M |
Cash Flow
| Q2 2023 | Q3 2023 | Q4 2023 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-637000 | $-2.5M | $-2.4M | $-2.8M | $-2.6M | $-3.3M | $-2.8M | $-200000 |