Quick Answer
SmartKem, Inc. reported Net Income of -$10.33 million for fiscal year 2024.
SmartKem, Inc. Net Income — Annual History
| Fiscal Year | Net Income | YoY Change |
|---|---|---|
| 2024 | -$10.33M | -21.5% |
| 2023 | -$8.50M | +26.1% |
| 2022 | -$11.49M | +32.9% |
| 2021 | -$17.13M | +26.0% |
| 2020 | -$23.13M | — |
Quarterly Net Income
| Quarter Ending | Net Income | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | -$3.92M | -37.9% | -63.3% |
| June 30, 2025 | -$2.40M | +22.6% | -12.5% |
| March 31, 2025 | -$2.13M | -25.8% | +24.9% |
| September 30, 2024 | -$2.84M | +6.0% | +8.3% |
| June 30, 2024 | -$3.10M | -52.9% | -82.7% |
| March 31, 2024 | -$1.70M | +17.2% | +43.9% |
| September 30, 2023 | -$3.02M | +23.6% | -49.1% |
| June 30, 2023 | -$2.03M | +45.2% | +1.0% |
- SmartKem, Inc. showed a decrease of -21.5% in Net Income compared to the prior fiscal year.
- Over the 2020–2024 period, SmartKem, Inc.’s net income has grown by 55.3% (from -$23.13 million to -$10.33 million).
- 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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