SmartKem
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. SmartKem's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 33% to $27,000. The net income raised on -$8,499,000 and profit margin reached -31478%. Total operating expenses were $9,995,000.

Profit Margin

SmartKem, Inc. (OTC:SMTK): Profit margin
2019 5.35K -8.93M -166762.74%
2020 94K -24.49M -26062.77%
2021 18K -17.14M -95250%
2022 40K -11.49M -28737.5%
2023 27K -8.49M -31477.78%

SMTK Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
27K40K18K94K5.35K
Cost of revenue
23K33K8K55K392.97K
Gross profit
4K7K10K39K-387.62K
Operating exp.
Research and development
5.55M5.80M8.19M4.31M5.72M
Selling and marketing
00749K96K0
Total operating expenses
9.99M9.70M14.98M4.58M7.20M
Operating income
-9.90M-9.69M-14.97M-4.55M-7.58M
Other income (expenses), net
1.40M-1.77M-2.15M-18.58M-1.34M
Income before tax
-8.49M-11.47M-17.12M-23.13M-8.93M
Income tax expense
024K19K1.36M-2
Net income
-8.49M-11.49M-17.14M-24.49M-8.93M
Earnings per share
Basic EPS
-6.32-13.94-23.78-33.71-12.29
Diluted EPS
-6.32-13.94-23.78-33.71-12.29
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