Provides brand protection solutions. Offers authentication technologies. Now — the numbers.
The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.
Red columns mark years that ended in a loss.
Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.
An investor who bought at the very peak is down 100% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Our checks did not surface a specific strength to highlight here.
A loss of $169.2M against $0 in annual sales.
At last year’s rate of cash burn, the cash lasts less than a year. After that, the company needs to find new money.
The stock trades 100% below its five-year peak.
Not scored: this is a debt/preferred or other non-common instrument, or its reported market value does not match its share basis.
The takeaway: SMX is a high-risk stock — not yet profitable, and its future rides on its product catching on.
Not covered, because the filings we hold do not carry it: earnings execution, the revenue breakdown.