| Annual · values | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -7.74 M GBp | -8.10 M GBp | -8.04 M GBp | -9.05 M GBp | -10.54 M GBp | -4.08 M GBp |
| Depreciation & Amortization | 212000 GBp | 258000 GBp | 145000 GBp | 198000 GBp | 209000 GBp | 197000 GBp |
| Stock-Based Compensation | 1.04 M GBp | 850000 GBp | 717000 GBp | 488000 GBp | 6.20 M GBp | — |
| Capital Expenditures | 123000 GBp | 75000 GBp | 18000 GBp | 79000 GBp | 341000 GBp | 118000 GBp |
| Cash Flow from Investing | -123000 GBp | -75000 GBp | -18000 GBp | -79000 GBp | -341000 GBp | -118000 GBp |
| Cash Flow from Financing | 1.00 M GBp | 6.53 M GBp | 12.69 M GBp | 1.83 M GBp | 22.20 M GBp | 4.59 M GBp |
| Dividends Paid | — | — | — | — | — | — |
| Stock Buybacks | — | — | — | — | — | — |
| Free Cash Flow | -7.86 M GBp | -8.17 M GBp | -8.05 M GBp | -9.13 M GBp | -10.88 M GBp | -4.20 M GBp |
SmartKem Inc. is a technology company that develops and commercializes advanced semiconductor materials and transistors for the electronics industry. The company focuses on organic thin-film transistors built on its proprietary TRUFLEX materials platform, designed to enable high-performance, low-temperature, solution-processed electronics. SmartKem’s technology is used primarily in display backplanes for next-generation MicroLED, LCD, mini-LED, and AMOLED displays, where it supports thinner, lighter, and more power-efficient panels. Beyond displays, its materials and transistors are engineered for applications in advanced computer and AI chip packaging, sensors, fingerprint and biometric sensing, and logic circuits. SmartKem also provides prototyping services and demonstration products to help display makers and electronics manufacturers integrate its semiconductor platform into their production workflows. Founded in 2009 and headquartered in the Manchester area in the United Kingdom, SmartKem operates within the semiconductor equipment and materials segment of the information technology sector, serving global customers in high-value electronics markets.