SmartKem

SmartKem Interest Expense

The Interest Expense of SmartKem (SMTK) as of Nov 4, 2026 is -615,000.00 USD. In the previous year, Interest Expense was 1.14 M USD — a change of -154.04% (lower).

Interest Expense

-615,000.00USD

YoY

-154.04%

Last updated:

Interest Expense of SmartKem is 2024 -615,000.00 USD. Interest Expense of SmartKem was 2023 1.14 M USD. It decreases by -154.04% lower compared to the previous year.

The SmartKem Interest Expense history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Expense
Date
Interest Expense
Jan 1, 2020
-13.11 M USD
Jan 1, 2021
-824,000.00 USD
Jan 1, 2022
-1.78 M USD
Jan 1, 2023
1.14 M USD
Jan 1, 2024
-615,000.00 USD
The SmartKem Interest Expense history
YEARInterest ExpenseYoY
-615,000.00USD-154.04%
1.14 MUSD-164.04%
-1.78 MUSD+115.66%
-824,000.00USD-93.72%
-13.11 MUSD—

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SmartKem Stock analysis

What does SmartKem do? SmartKem Inc generates revenue through its TRUFLEX technology platform, which provides flexible, bendable, and lightweight organic thin-film transistors for the semiconductor industry. The company develops and sells TRUFLEX inks, solution-deposited at low temperatures on low-cost substrates, enabling manufacturers to produce flexible electronics for applications such as mini-LED displays, AMOLED displays, fingerprint sensors, and logic circuits. Its semiconductor platform is optimized for voltage or current-driven front-plane technologies, targeting manufacturers of next-generation displays and sensors. The firm's R&D facility in Manchester, United Kingdom, supports its product development and innovation in organic thin-film transistor materials. SmartKem Inc's primary customers are semiconductor manufacturers and electronics producers seeking to integrate flexible, low-cost transistor solutions into their products. These customers include companies developing mini-LED displays, AMOLED displays, fingerprint sensors, and logic circuits. The TRUFLEX platform allows these manufacturers to create innovative, wearable, and lightweight electronic devices without requiring expensive production processes. By focusing on low-temperature deposition and low-cost substrates, SmartKem Inc reduces manufacturing costs for its clients while maintaining high performance standards. The company's revenue streams are derived from licensing its TRUFLEX technology and selling its patented inks to semiconductor equipment manufacturers and electronics producers. Its semiconductor platform is designed to reshape electronics by enabling the next generation of low-cost displays and sensors. SmartKem Inc's focus on organic thin-film transistor materials positions it as a key supplier for flexible electronics applications, with a strong emphasis on cost-effective production methods that appeal to manufacturers in the display and sensor industries. SmartKem is one of the most popular companies on Eulerpool.

Frequently Asked Questions about SmartKem stock

Interest Expense of SmartKem is -615,000.00 USD in 2024.

Interest Expense of SmartKem changed from 1.14 M USD to -615,000.00 USD, representing a -154.04% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Expense SmartKem since 2006 – with annual values, charts, and detailed analysis.

Interest expense represents the cost of borrowing. Higher interest expenses can indicate a highly leveraged company.

Interest Expense's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Interest Expense's SmartKem historically and in real time.

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