SmartKem Past Earnings Performance
Past criteria checks 0/6
SmartKem has been growing earnings at an average annual rate of 14.4%, while the Semiconductor industry saw earnings growing at 23.7% annually. Revenues have been declining at an average rate of 25.5% per year.
Key information
14.4%
Earnings growth rate
59.1%
EPS growth rate
| Semiconductor Industry Growth | 27.7% |
| Revenue growth rate | -25.5% |
| Return on equity | -200.9% |
| Net Margin | -21,439.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How SmartKem makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 0 | -9 | 6 | 5 |
| 31 Mar 24 | 0 | -8 | 5 | 5 |
| 31 Dec 23 | 0 | -8 | 6 | 5 |
| 30 Sep 23 | 0 | -8 | 6 | 5 |
| 30 Jun 23 | 0 | -9 | 6 | 5 |
| 31 Mar 23 | 0 | -11 | 6 | 5 |
| 31 Dec 22 | 0 | -11 | 6 | 5 |
| 30 Sep 22 | 0 | -13 | 6 | 5 |
| 30 Jun 22 | 0 | -12 | 6 | 5 |
| 31 Mar 22 | 0 | -11 | 6 | 5 |
| 31 Dec 21 | 0 | -17 | 8 | 8 |
| 30 Sep 21 | 0 | -16 | 8 | 7 |
| 30 Jun 21 | 0 | -14 | 7 | 7 |
| 31 Mar 21 | 0 | -12 | 6 | 7 |
| 31 Dec 20 | 0 | -23 | 2 | 4 |
| 31 Dec 19 | 0 | -9 | 2 | 6 |
Quality Earnings: SMTK is currently unprofitable.
Growing Profit Margin: SMTK is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SMTK is unprofitable, but has reduced losses over the past 5 years at a rate of 14.4% per year.
Accelerating Growth: Unable to compare SMTK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SMTK is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-7.2%).
Return on Equity
High ROE: SMTK has a negative Return on Equity (-200.94%), as it is currently unprofitable.