SMX (Security Matters) Public Limited Company (SMX) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2025, filed Mar 20, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SMX SEC filings page.
This page shows SMX (Security Matters) Public Limited Company (SMX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The business remains dependent on external financing: FY2025’s large accounting loss coexisted with a smaller operating cash outflow.
The gap between a net loss of$174.6M and operating cash flow of-$17.0M was far wider in FY2025 than in FY2024, indicating that noncash or non-operating items materially shaped reported earnings. The loss worsened much faster than operating cash flow, so the income statement alone overstates the cash cost of the year’s operations.
The current ratio improved from 0.2x to 0.6x, but current assets of
Debt-to-equity remained only 0.02x, yet total liabilities of
Financial Health Signals
SMX (Security Matters) Public Limited Company does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
SMX (Security Matters) Public Limited Company passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
SMX (Security Matters) Public Limited Company reported a net loss of $174.6M while operations used $17.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
SMX (Security Matters) Public Limited Company held $12.2M in cash against $382K in long-term debt as of Q4 2025, with $21.7M of liabilities due within a year.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
SMX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
SMX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2510-K | Q2'256-K/A | Q4'2410-K | Q2'2410-Q | Q4'236-K/A | Q2'2310-Q | Q4'2210-K | Q4'2110-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $41.4M-4.8% | $38.9M-23.0% | $43.5M-14.9% | $50.6M+392.9% | $51.2M+353.2% | $10.3M | $11.3M+9.2% | $10.3M |
| Current Assets | $12.8M+194.9% | $1.8M+369.2% | $4.3M+440.6% | $373K-90.8% | $802K-84.2% | $4.1M | $5.1M-0.4% | $5.1M |
| Cash & Equivalents | $12.2M+420.7% | $750K | $2.3M+1294.6% | N/A | $168K-88.0% | $3.0M | $1.4M-66.5% | $4.2M |
| Goodwill | $20.1M-23.0% | $26.1M-20.7% | $26.1M-20.7% | $33.0M | $33.0M | N/A | N/A | N/A |
| Total Liabilities | $22.1M+4.6% | $22.6M+12.0% | $21.1M+11.7% | $20.2M-9.3% | $18.9M+107.1% | $22.3M | $9.1M+273.2% | $2.4M |
| Current Liabilities | $21.7M+4.5% | $22.3M+12.3% | $20.8M+15.4% | $19.8M+16.6% | $18.0M+265.9% | $17.0M | $4.9M+159.8% | $1.9M |
| Non-Current Liabilities | $382K+13.4% | $365K-5.9% | $337K-62.3% | $388K-92.6% | $894K-78.7% | $5.3M | $4.2M+663.5% | $551K |
| Long-Term Debt | $382K+13.4% | $365K-5.9% | $337K-18.0% | $388K-3.7% | $411K-6.6% | $403K | $440K-5.6% | $466K |
| Total Equity | $19.3M-13.7% | $16.3M-46.3% | $22.4M-30.6% | $30.4M+353.0% | $32.2M+1395.5% | -$12.0M | $2.2M-72.7% | $7.9M |
| Retained Earnings | -$251.2M-206.2% | -$105.7M-71.5% | -$82.0M-61.0% | -$61.6M+2.2% | -$50.9M-69.7% | -$63.0M | -$30.0M-25.9% | -$23.8M |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments.
SMX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
SMX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Note: The current ratio is below 1.0 (0.59), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| SMX (Security Matters) Public Limited Company SMX | FY2025 | N/A | -$174.6M | N/A | $4.1M | — |
| Lichen China Limited LICN | FY2025 | $24.5M | -$22.0M | -89.6% | $16.5M | 36/100 |
| Powell Max Limited PMAX | FY2025 | $6.1M | -$3.0M | -49.3% | $2.8M | 44/100 |
| Samfine Creation Holdings Group Limited SFHG | FY2025 | $21.8M | -$2.5M | -11.7% | $8.6M | 34/100 |
| NiSun International Enterprise Development Group Co., Ltd. NISN | FY2025 | $5.1M | N/A | N/A | $7.0M | 55/100 |
| SPAR GROUP INC SGRP | FY2025 | $136.1M | -$24.6M | -18.1% | $8.2M | — |
Where SMX (Security Matters) Public Limited Company Ranks
Frequently Asked Questions
Is SMX (Security Matters) Public Limited Company profitable?
No, SMX (Security Matters) Public Limited Company (SMX) reported a net income of -$174.6M in fiscal year 2025.
How much debt does SMX (Security Matters) Public Limited Company have?
As of fiscal year 2025, SMX (Security Matters) Public Limited Company (SMX) had $12.2M in cash and equivalents against $382K in long-term debt.
What is SMX (Security Matters) Public Limited Company's return on equity (ROE)?
SMX (Security Matters) Public Limited Company (SMX) has a return on equity of -903.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is SMX (Security Matters) Public Limited Company's operating cash flow?
SMX (Security Matters) Public Limited Company (SMX) recorded an outflow of $17.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are SMX (Security Matters) Public Limited Company's total assets?
SMX (Security Matters) Public Limited Company (SMX) had $41.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What is SMX (Security Matters) Public Limited Company's current ratio?
SMX (Security Matters) Public Limited Company (SMX) had a current ratio of 0.59 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is SMX (Security Matters) Public Limited Company's debt-to-equity ratio?
SMX (Security Matters) Public Limited Company (SMX) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is SMX (Security Matters) Public Limited Company's return on assets (ROA)?
SMX (Security Matters) Public Limited Company (SMX) had a return on assets of -421.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is SMX (Security Matters) Public Limited Company's P/E ratio?
SMX (Security Matters) Public Limited Company (SMX) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $4.1M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is SMX (Security Matters) Public Limited Company's price-to-sales ratio?
SMX (Security Matters) Public Limited Company (SMX) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $4.1M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is SMX (Security Matters) Public Limited Company's Piotroski F-Score?
SMX (Security Matters) Public Limited Company (SMX) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are SMX (Security Matters) Public Limited Company's earnings high quality?
SMX (Security Matters) Public Limited Company (SMX) reported a net loss of $174.6M while operations used $17.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.