Quick Answer
SmartKem, Inc. reported Operating Income of -$10.46 million for fiscal year 2024.
SmartKem, Inc. Operating Income — Annual History
| Fiscal Year | Operating Income | YoY Change |
|---|---|---|
| 2024 | -$10.46M | -4.7% |
| 2023 | -$9.99M | -3.1% |
| 2022 | -$9.69M | +40.5% |
| 2021 | -$16.30M | -258.3% |
| 2020 | -$4.55M | — |
Quarterly Operating Income
| Quarter Ending | Operating Income | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | -$3.19M | -12.4% | +27.1% |
| June 30, 2025 | -$4.37M | -57.4% | -39.3% |
| March 31, 2025 | -$3.14M | -28.1% | -10.6% |
| September 30, 2024 | -$2.84M | -5.3% | -2.2% |
| June 30, 2024 | -$2.78M | -17.3% | -13.4% |
| March 31, 2024 | -$2.45M | +4.1% | +9.1% |
| September 30, 2023 | -$2.69M | -9.5% | -13.9% |
| June 30, 2023 | -$2.37M | +2.1% | +7.3% |
- SmartKem, Inc. showed a decrease of -4.7% in Operating Income compared to the prior fiscal year.
- Over the 2020–2024 period, SmartKem, Inc.’s operating income has declined by 130.0% (from -$4.55 million to -$10.46 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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