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SmartKem, Inc. (SMTK)

USD0.20 +0.01 (+5.55%)
GB NASDAQ Technology Semiconductors
Address Manchester Technology Centre M9 8GQ
Manchester, GB
CEO Ian Tudor Jenks
IPO 2022-02-03
CIK 1817760 ISIN US83193D2036

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Description

SmartKem, Inc. focuses on developing innovative materials and processes essential for organic thin-film transistor (OTFT) backplanes, which are crucial components in the production of flexible electronic devices. Their advanced transistor technology finds application in a diverse range of products. This includes bendable smartphone screens, curved displays for vehicles, e-paper, wearable gadgets, and specialized sensors like fingerprint and printed biosensors. The company was established in 2009 and is headquartered in Manchester, United Kingdom.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD0.20 +0.01 (+5.55%)
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Volume Profile
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Liquidity & share structure
Average Volume
10M
Beta
2.62
Float Shares
3.98M
Free Float %
87.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+23.98% +19.52% +10.34% +16.67% -77.70% -72.07% -78.50% -87.80% -99.66% -99.66% -99.66%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.20
Quality scores
Altman Z-Score
-19.52
Distress
Piotroski F-Score
2 / 9
Weak
MOAT Score
0 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Semiconductors: +12.5%
    +18,937.8% Q1'26: -13.0% (vs Q1'25)
  • EPS growth Semiconductors: +22.5%
    +59.3% Q1'26: -318.8% (vs Q1'25)
  • FCF margin FCF growth · Semiconductors: +38.2%
    -10.4% Q1'26: -7,860.0% (vs Q1'25)
  • EBIT margin Semiconductors: +10.7%
    -9.1% Q1'26: -12,805.0% (vs Q1'25)
  • ROIC Semiconductors: +6.0%
    Q1'26: +660.1% (vs Q1'25)
  • Share dilution Semiconductors: +0.0%
    +150.2% Q1'26: +117.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Semiconductors: -0.75×
    -1.06× Q1'26: -0.06× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (2.42) × ERP
WACC = 62% × Ke + 38% × Kd (4.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 0.20
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-26 B 3/5 5/5 1/5 1/5 3/5 1/5 5/5
2026-05-22 B 3/5 5/5 1/5 1/5 3/5 1/5 5/5
2026-05-21 B 3/5 5/5 1/5 1/5 3/5 1/5 5/5
2026-05-20 B 3/5 5/5 1/5 1/5 3/5 1/5 5/5
2026-05-19 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-05-18 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-05-15 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-05-14 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-05-13 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-05-12 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-05-11 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-05-08 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-05-07 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-05-06 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-05-05 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-05-04 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-05-01 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-04-30 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-04-29 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-04-28 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-04-27 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-04-24 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-04-23 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-04-22 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-04-21 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-04-20 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-04-17 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5
2026-04-16 B- 2/5 5/5 5/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-3.75M
OE per share TTM
-0.38
Owner's Yield
-86.99%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
15.1%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
10
Total invested
309.6K
Insider transactions (90d)
0
Beneficial owners (>5%)
9
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Octopus Investments Limited 6.48M 25.50% 6.48M 6.48M HC, CO 2021-03-05
2 Octopus Titan VCT Plc 6.43M 25.30% 6.43M 6.43M CO 2021-03-05
3 Entrepreneurs Fund General Partner Limited 3.59M 14.10% 3.59M 3.59M HC, CO 2021-03-05
4 Entrepreneurs Fund LP 3.59M 14.10% 3.59M 3.59M PN 2021-03-05
5 27-4413262 2.53M 9.90% 2.53M 2.53M OO Maryland 2022-01-25
6 Identification Nos. of above persons (. 2.53M 9.90% 2.53M 2.53M IN States 2022-01-25
7 Mark N. Tompkins 2.30M 9.00% 2.30M 2.30M IN Canada 2022-02-14
8 Ian Jacobs 250.0K 5.00% 250.0K 250.0K IN 2021-02-16
9 Five Narrow Lane LP 137.1K 9.99% 137.1K 137.1K OO New York 2024-02-01

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
10
+1 vs prev Q
New positions
5
Closed positions
4
Increased
7
Reduced
1
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 AIGH CAPITAL MANAGEMENT LLC 895.4K +220.4K (+32.7%) 203.7K -515.2K (-71.7%) 10.98% +2.703 pp 0.03% -0.146 pp USD1.80 -87.2% 8 qtrs
2 ROSSBY FINANCIAL, LCC 236.0K +9.0K (+4.0%) 55.2K -186.5K (-77.2%) 2.89% +0.110 pp 0.01% -0.063 pp USD1.32 -82.6% 3 qtrs
3 HRT FINANCIAL LP 39.5K +39.5K (+100.0%) 8.0K +8.0K (+100.0%) 0.48% +0.485 pp 0.00% +0.000 pp USD0.23 +0.0% 1 qtrs NEW
4 PFG INVESTMENTS, LLC 26.5K +— (+0.0%) 6.0K -22.2K (-78.6%) 0.32% +0.000 pp 0.00% -0.001 pp USD1.68 -86.3% 3 qtrs
5 VIRTU FINANCIAL LLC 26.9K +26.9K (+100.0%) 6.0K +6.0K (+100.0%) 0.33% +0.330 pp 0.00% +0.000 pp USD0.23 +0.0% 1 qtrs NEW
6 XTX TOPCO LTD 23.8K +23.8K (+100.0%) 5.4K +5.4K (+100.0%) 0.29% +0.292 pp 0.00% +0.000 pp USD0.23 +0.0% 1 qtrs NEW
7 CITADEL ADVISORS LLC 22.4K +22.4K (+100.0%) 5.1K +5.1K (+100.0%) 0.27% +0.274 pp 0.00% +0.000 pp USD0.23 +0.0% 4 qtrs
8 PORTFOLIO STRATEGIES, INC. 15.1K +— (+0.0%) 3.4K -12.6K (-78.6%) 0.18% +0.000 pp 0.00% -0.001 pp USD3.01 -92.4% 5 qtrs
9 TWO SIGMA SECURITIES, LLC 13.3K -1.7K (-11.3%) 3.0K -12.9K (-81.1%) 0.16% -0.021 pp 0.00% -0.002 pp USD1.07 -78.5% 2 qtrs
10 -100.0 (-100.0%) -107.0 (-100.0%) 0.00% -0.001 pp 0.00% +0.000 pp USD 2 qtrs SOLD
11 BLEICHROEDER LP -46.6K (-100.0%) -49.6K (-100.0%) 0.00% -0.572 pp 0.00% -0.009 pp USD 6 qtrs SOLD
12 SIGHTLINE WEALTH ADVISORS, LLC -12.0K (-100.0%) -12.8K (-100.0%) 0.00% -0.147 pp 0.00% -0.005 pp USD 3 qtrs SOLD
13 UBS GROUP AG -825.0 (-100.0%) -879.0 (-100.0%) 0.00% -0.010 pp 0.00% +0.000 pp USD 8 qtrs SOLD
14 CI PRIVATE WEALTH, LLC -17.3K (-100.0%) -24.5K (-100.0%) 0.00% -0.212 pp 0.00% +0.000 pp USD 8 qtrs SOLD
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
5
Sells
0
Shares acquired
298.5K
Shares disposed
Cash buys
Cash sales
Net activity
+298,480
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2025-09-10 Lizzio Joseph Christopher 10% Owner G-Gift D Common Stock 150,000 0.00 419,000 D
2025-09-08 Lizzio Joseph Christopher 10% Owner Common Stock 0 0.00 569,000 D
2025-09-03 de Boer Klaas Director A-Award A Stock Option (right to buy) 22,466 1.16 26.1K 22,466 D
2025-09-03 Peruvemba Sriram Krishnamurthy Director A-Award A Stock Option (right to buy) 22,466 1.16 26.1K 22,466 D
2025-09-03 Keck Barbra Officer A-Award A Stock Option (right to buy) 71,077 1.16 82.4K 71,077 D
2025-09-03 Jenks Ian Director / Officer A-Award A Stock Option (right to buy) 160,005 1.16 185.6K 160,005 D
2025-09-03 Denis Melisa Director A-Award A Stock Option (right to buy) 22,466 1.16 26.1K 22,466 D
2025-09-03 Denbaars Steven Director A-Award A Stock Option (right to buy) 22,466 1.16 26.1K 22,466 D
2025-05-28 de Boer Klaas Director A-Award A Stock Option (right to Buy) 23,915 2.51 60.0K 23,915 D
2025-05-28 Watkins Jonathan Officer A-Award A Stock Option (right to Buy) 131,745 2.51 330.7K 131,745 D
2025-05-28 Peruvemba Sriram Krishnamurthy Director A-Award A Stock Option (right to Buy) 23,915 2.51 60.0K 23,915 D
2025-05-28 Ogier Simon Officer A-Award A Stock Option (right to Buy) 77,656 2.51 194.9K 77,656 D
2025-05-28 Keck Barbra Officer A-Award A Stock Option (right to Buy) 75,660 2.51 189.9K 75,660 D
2025-05-28 Jenks Ian Director / Officer A-Award A Stock Option (right to Buy) 170,320 2.51 427.5K 170,320 D
2025-05-28 Denis Melisa Director A-Award A Stock Option (right to Buy) 23,915 2.51 60.0K 23,915 D
2025-05-28 Denbaars Steven Director A-Award A Stock Option (right to Buy) 23,915 2.51 60.0K 23,915 D
2025-05-28 Brown Beverley Officer A-Award A Stock Option (right to Buy) 33,741 2.51 84.7K 33,741 D
2025-03-10 Watkins Jonathan Officer 0 0.00 0
2024-06-14 de Boer Klaas Director A-Award A Employee stock option (Right to Buy) 20,000 6.50 130.0K 20,000
2024-06-14 Peruvemba Sriram Krishnamurthy Director A-Award A Employee stock option (Right to Buy) 20,000 6.50 130.0K 20,000
2024-06-14 Ogier Simon Officer A-Award A Employee stock option (Right to Buy) 49,000 6.50 318.5K 49,000
2024-06-14 Keck Barbra Officer A-Award A Employee stock option (Right to Buy) 100,000 6.50 650.0K 100,000
2024-06-14 Jenks Ian Director / Officer A-Award A Employee stock option (Right to Buy) 165,000 6.50 1.07M 165,000
2024-06-14 Denis Melisa Director A-Award A Employee stock option (Right to Buy) 20,000 6.50 130.0K 20,000
2024-06-14 Denbaars Steven Director A-Award A Employee stock option (Right to Buy) 20,000 6.50 130.0K 20,000
2024-06-14 Brown Beverley Officer A-Award A Employee stock option (Right to Buy) 49,000 6.50 318.5K 49,000
2024-05-30 de Boer Klaas Director C-Conversion D Series A-2 Convertible Preferred Stock 50 8.75 437.50 0
2024-02-12 Jenks Ian Director / Officer G-Gift D Common Stock 500 0.00 10,511
2024-02-08 Jenks Ian Director / Officer G-Gift D Common Stock 7,200 0.00 11,011
2024-01-31 de Boer Klaas Director A-Award A Common Stock 100 0.00 100
2024-01-31 Peruvemba Sriram Krishnamurthy Director A-Award A Common Stock 100 0.00 100
2024-01-31 Ogier Simon Officer A-Award A Common Stock 100 0.00 5,760
2024-01-31 Keck Barbra Officer A-Award A Common Stock 100 0.00 100
2024-01-31 Jenks Ian Director / Officer A-Award A Common Stock 100 0.00 18,211
2024-01-31 Denis Melisa Director A-Award A Common Stock 100 0.00 100
2024-01-31 Denbaars Steven Director A-Award A Common Stock 100 0.00 815
2024-01-31 Brown Beverley Officer A-Award A Common Stock 100 0.00 100
2023-11-21 Denis Melisa Director 0 0.00 0
2023-06-22 de Boer Klaas Director P-Purchase A Common Stock Warrants (right to buy) 200,000 0.25 50.0K 200,000
2022-12-20 Keck Barbra Officer A-Award A Stock option (right to buy) 450,000 0.00 450,000
2022-09-07 Prue Nigel Officer D Stock Option (right to buy 25,000 2.00 50.0K 0
2022-07-08 de Boer Klaas Director A-Award A Stock option (right to buy) 6,000 0.00 6,000
2022-07-08 Ogier Simon Officer A-Award A Stock option (right to buy) 45,000 0.00 45,000
2022-07-08 Keck Barbra Director A-Award A Stock option (right to buy) 6,000 0.00 6,000
2022-07-08 Jenks Ian Officer A-Award A Stock option (right to buy) 150,000 0.00 150,000
2022-07-08 Denbaars Steven Director A-Award A Stock option (right to buy) 18,000 0.00 18,000
2022-07-08 Brown Beverley Officer A-Award A Stock option (right to buy) 45,000 0.00 45,000
2022-06-30 Denbaars Steven Director D Common Stock 0 0.00 25,000

Executive team

Top executives
EBIT / Employee
-52.7K
Shares Outstanding
4.55M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Ian Jenks Chief Executive Officer 414.0K 150.0K 314.1K 28.7K 906.8K 34.64%
2 2025 Barbra Keck Chief Financial Officer 360.2K 99.0K 139.5K 21.0K 619.7K 22.52%
3 2025 Jonathan Watkins, Chief Operating Officer 218.5K 170.0K 12.0K 400.5K 42.44%
4 2025 Simon Ogier, Ph.D. Chief Technology Officer 186.5K 33.0K 100.2K 41.6K 361.2K 27.73%
5 2024 Ian Jenks Chief Executive Officer 400.6K 76.8K 600.00 604.8K 28.6K 1.11M 54.48%
6 2024 Barbra Keck Chief Financial Officer 329.2K 82.5K 600.00 336.0K 19.6K 767.9K 43.84%
7 2024 Simon Ogier, Ph.D. Chief Technology Officer 202.2K 32.1K 600.00 164.6K 13.0K 412.5K 40.06%
8 2023 Ian Jenks Chief Executive Officer 342.3K 50.0K 17.1K 409.5K 0.00%
9 2023 Barbra Keck Chief Financial Officer 314.8K 37.5K 19.8K 372.1K 0.00%
10 2023 Simon Ogier, Ph.D. Chief Technology Officer 160.6K 9.6K 170.3K 0.00%
11 2022 Ian Jenks Chief Executive Officer 313.5K 76.5K 156.8K 22.1K 568.9K 27.57%
12 2022 Simon Ogier Chief Technology Officer 165.1K 60.6K 191.2K 12.0K 428.8K 44.58%
13 2022 Beverly Brown Chief Scientist 217.2K 41.1K 47.1K 305.3K 15.41%
14 2021 Ian Jenks Chief Executive Officer 294.4K 179.9K 611.8K 20.8K 1.11M 55.27%
15 2021 Beverly Brown Chief Scientist 236.1K 74.3K 543.6K 854.0K 63.65%
16 2021 Simon Ogier Chief Technology Officer 163.8K 20.5K 9.8K 194.1K 0.00%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-05-18 DEF 14A
2026-05-05 PRE 14A
2025-04-23 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-20 10-Q
2026-05-18 DEF 14A
2026-05-15 NT 10-Q
2026-05-05 PRE 14A
2026-04-29 8-K
2026-04-27 424B3
2026-04-27 424B3
2026-04-24 EFFECT
2026-04-24 EFFECT
2026-04-23 8-K

Executive team

NameTitleCompensationGender
Ian Tudor Jenks Chairman of the Board, President & Chief Executive Officer 592.7K male
Barbra C. Keck Chief Financial Officer 480.2K female
Jonathan Watkins Chief Operating Officer 282.3K male
Simon Ogier Chief Technology Officer 261.1K
Selena Kirkwood Head of Communications female
ESG Rating
B
SEMICONDUCTORS
Rank: 39 out of 101
2026
E (Environmental)
61.4 / 64.5
Company / Sector avg.
S (Social)
69.9 / 67.5
Company / Sector avg.
G (Governance)
61.8 / 66.5
Company / Sector avg.
ESG Total
64.4 / 66.1
Company / Sector avg.
ESG Score History SEMICONDUCTORS
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings history

Earnings reports

Stock splits