Invezz

SmartKem (SMTK)

Nasdaq Market Closed

SmartKem, Inc. develops organic semiconductor materials and process technology for thin-film transistor backplanes. Its core platform is built around low-temperature, solution-deposited semiconductor inks, marketed under the TRUFLEX brand, that are intended to enable electronic circuits on flexible or temperature-sensitive substrates.

The company’s technology is aimed primarily at display and sensor markets. Potential applications include mini-LED and microLED displays, AMOLED displays, fingerprint sensors, and simple logic circuits. In these products, transistor backplanes control individual pixels or sensing elements, making the backplane a critical layer in display performance, power consumption, and manufacturability.

A distinctive feature of SmartKem’s approach is that its organic semiconductor materials can be processed at lower temperatures than many conventional semiconductor manufacturing methods. This can make the technology relevant for flexible displays, plastic substrates, and manufacturing flows where high heat would damage the underlying material. Solution deposition may also support printing or coating-based production methods, although commercialization depends on customer qualification and integration with existing manufacturing lines.

SmartKem generates revenue from the sale of TRUFLEX inks, demonstration products, and related technology-transfer activity. Rather than operating as a large-scale display manufacturer, it seeks to provide materials, know-how, and process support to partners that can incorporate its semiconductor platform into commercial products. For investors, SMTK represents an early-stage materials and display-technology company whose prospects depend on adoption by manufacturers in advanced display and sensor supply chains.

0.29 USD
0.28 USD
−0.01 (-2.31%)
Pre-market

Last updated

Market Cap
6.22M
P/E
P/FCF
P/S
8.96
Enterprise Value
-1.25M
Sector
Information Technology
Industry
Semiconductors and Related Devices
Address
MANCHESTER TECHNOLOGY CENTER, MANCHESTER, M9 8GQ
Market Cap
6.22M
Enterprise Value
-1.25M
P/E
P/B
1.15
P/S
8.96
EV / EBITDA
0.09
EV / Sales
-1.79
EPS
-1.29
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-6.09M
ROE
-513.21%
ROA
-292.75%
Debt / Equity
0.02
Current Ratio
2.29
Quick Ratio
2.29
Cash
1.97
Avg Volume
1.11M
Fundamentals Snapshot Price
0.29

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 20K 561K 81K 32K 23K
Gross profit 16K 323K 76K 4K 22K
Operating income -2.53M -3.26M -3.19M -4.5M -3.23M
EBITDA -2.49M -3.22M -3.13M -4.45M -3.18M
Net income -19.37M -2.06M -3.92M -2.4M -2.13M
Basic EPS -1.34 -0.21 -0.45 -0.3 -0.32
Diluted EPS -1.34 -0.21 -0.45 -0.3 -0.32

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 9.48M 2.29M 3.25M 4.28M 5.91M
Total liabilities 4.07M 6.22M 6.2M 4.41M 2.12M
Total equity 5.41M -3.93M -2.95M -127K 3.79M
Cash & equivalents 7.57M 374K 881K 1.15M 3.88M
Current assets 8.8M 1.5M 2.36M 3.43M 5.64M
Current liabilities 3.84M 5.91M 5.82M 3.99M 2.1M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -1.57M -1.42M -200K -2.78M -3.34M
Investing cash flow -18K -105K
Financing cash flow 8.6M 1M
Change in cash 7.19M -507K -271K -2.73M -3.26M
Kind Filing Date Link
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edgar index SCHEDULE 13G/A — SmartKem, Inc. View Filing
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edgar index 8-K — SmartKem, Inc. View Filing
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edgar index SCHEDULE 13G/A — SmartKem, Inc. View Filing
edgar index 10-Q — SmartKem, Inc. View Filing
edgar index 8-K — SmartKem, Inc. View Filing
edgar index SCHEDULE 13G/A — SmartKem, Inc. View Filing
edgar index 8-K — SmartKem, Inc. View Filing
edgar index 8-K — SmartKem, Inc. View Filing
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edgar index 8-K — SmartKem, Inc. View Filing
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edgar index SCHEDULE 13G/A — SmartKem, Inc. View Filing
edgar index 8-K — SmartKem, Inc. View Filing
edgar index 10-Q — SmartKem, Inc. View Filing