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SmartKem (SMTK) Operating Expenses: 2020-2024

Historic Operating Expenses for SmartKem (SMTK) over the last 5 years, with FY2024 value amounting to $11.5 million.

  • SmartKem's Operating Expenses rose 1027.2% to $3.4 million in Q3 2025 from the same period last year, while for Sep 2025 it was $14.2 million, marking a year-over-year increase of 6446.55%. This contributed to the annual value of $11.5 million for FY2024, which is 646.29% up from last year.
  • Per SmartKem's latest filing, its Operating Expenses stood at $11.5 million for FY2024, which was up 646.29% from $10.8 million recorded in FY2023.
  • SmartKem's Operating Expenses' 5-year high stood at $17.6 million during FY2021, with a 5-year trough of $6.0 million in FY2020.
  • Moreover, its 5-year median value for Operating Expenses was $10.9 million (2022), whereas its average is $11.4 million.
  • As far as peak fluctuations go, SmartKem's Operating Expenses skyrocketed by 19201.79% in 2021, and later plummeted by 3821.11% in 2022.
  • Over the past 5 years, SmartKem's Operating Expenses (Annual) stood at $6.0 million in 2020, then skyrocketed by 192.02% to $17.6 million in 2021, then plummeted by 38.21% to $10.9 million in 2022, then dropped by 0.39% to $10.8 million in 2023, then grew by 6.46% to $11.5 million in 2024.
  • Its last three reported values are $11.5 million in FY2024, $10.8 million for FY2023, and $10.9 million during FY2022.