Quick Answer
SmartKem, Inc. reported Gross Profit of $50.0 thousand for fiscal year 2024.
SmartKem, Inc. Gross Profit — Annual History
| Fiscal Year | Gross Profit | YoY Change |
|---|---|---|
| 2024 | $50.0K | +1150.0% |
| 2023 | $4.0K | -42.9% |
| 2022 | $7.0K | -30.0% |
| 2021 | $10.0K | -74.4% |
| 2020 | $39.0K | — |
Quarterly Gross Profit
| Quarter Ending | Gross Profit | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $76.0K | — | +1800.0% |
| June 30, 2025 | $4.0K | -50.0% | -81.8% |
| March 31, 2025 | $22.0K | — | +175.0% |
| June 30, 2024 | $8.0K | +300.0% | +300.0% |
| September 30, 2023 | $2.0K | — | +0.0% |
| June 30, 2023 | $2.0K | +0.0% | +0.0% |
| June 30, 2022 | $2.0K | — | -71.4% |
| March 31, 2022 | $7.0K | — | -70.8% |
- SmartKem, Inc. showed an increase of +1150.0% in Gross Profit compared to the prior fiscal year.
- Over the 2020–2024 period, SmartKem, Inc.’s gross profit has grown by 28.2% (from $39.0 thousand to $50.0 thousand).
- The most recent figure is from SmartKem, Inc.’s fiscal year 2024 report (Form 10-K), filed with the SEC on March 31, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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