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SMX (Security Matters) Public Limited Company
SMX · Price history
Price at last available close
$1.66
−$4.95 (-74.91%) 1M
2026-10-30
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Company & revenue
About SMX (Security Matters) Public Limited Company
Primary reporting period: 2025-12-31 · Research updated Oct 13, 2026. A research update is not a new financial filing.
Who they are
SMX (Security Matters) Public Limited Company offers cutting-edge technological solutions for brand safeguarding, product verification, and supply chain transparency, primarily serving the global anti-counterfeiting industry. At the heart of its offerings is a unique marking system that can embed either permanent or removable identifiers directly onto materials or items, regardless of whether they are solid, liquid, or gaseous. The company's complete solution integrates these physical or chemical markers with a specialized reader, all connected to a secure blockchain-powered digital platform.
How they make money
SMX operates a business-to-business model providing brand protection, supply chain integrity, and circular economy solutions. The company generates revenue through fixed fees or volume-based pricing for its proprietary cyber-digitizing hardware and software technology, targeting manufacturers and brands rather than end consumers.
Products & services
Proprietary cyber-digitizing hardware and software for brand authentication, supply chain tracking, and circular economy management.
Brands & revenue mix
No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer concentration
No quantified customer-concentration disclosure is available in the current saved research.
Suppliers, materials & equipment
- Unnamed raw material and component suppliers — The company relies on third-party suppliers for the production of its proprietary hardware components and materials.Source
Strengths
- Proprietary cyber digitizing hardware protection technologySource
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
14
Poor
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
12
Poor
Financial Strength
7
Business Quality / Moat
0
Management
40
Growth Quality
15
Risk / Durability
0
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Model Outlook
12-month model · What does the model think happens next?
Outperformance analysis is not currently available.
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
A current Opportunity Score is not available.
The 12-month model outlook is not currently available.
No strong positive signal is being highlighted from the currently available summary data.
- •Debt service risk
- •Valuation is a weaker part of the current profile
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for SMX
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •How long can SMX fund negative free cash flow using its current cash position before it may need more debt or new shares?
- •How is SMX likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
- •What specifically needs to improve for SMX to reach sustainable profitability?
- •What future growth or profitability would be needed to justify SMX's current valuation?
- •What does the current none warning mean for the reliability or interpretation of SMX's score?
Essential Investment Snapshot
Wall Street Score
14
Market Cap
$100K
P/E Ratio
-0.0
EPS
$-2353182394.00
52-Week High
$5496.48
52-Week Low
$1.60
Beta
-2.89
Shares Outstanding
61K
Total Revenue
$0
Total Debt
$2.9M
Dividend
No current dividend
Liquidation Value / Share
$896.83
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Strong downward momentum
Extreme movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for SMX
Detected from reported data — verify before acting.Debt service risk
Interest coverage is low (~-3.4x). Earnings may be strained to cover interest expense.
Community Sentiment
0 active · 0 total callsNo personal call yet on SMX.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Proprietary cyber digitizing hardware protection technology.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Specialty Business Services industry.
- −Dependence on capital raises and ongoing operations for liquidity.
- −Operational risks associated with technology commercialization.
- −Negative free cash flow may increase the need for outside financing and dilution.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
4 historical score records availablePrevious Score
14
Oct 19, 2026
Change
Unchanged
Current Score
14
Oct 23, 2026
Category Changes
SMX score was unchanged.
Projected Score
Projected Score
16
Projected Change
+2.0 points
Preliminary comparable-period financial changes suggest improvement of approximately 2.0 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailableCurrent Price
$1.65
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· |
| Cost of Revenue | $0.00 | $3.5M | $0.00 | $227K | ···· | ···· |
| Gross Profit | $0.00 | -$3.5M | $0.00 | -$227K | ···· | ···· |
| Research & Development | $2.5M | $11.0M | $3.1M | $2.5M | ···· | ···· |
| SG&A Expenses | $30.0M | $121.3M | $11.0M | $17.2M | ···· | ···· |
| Operating Expenses | $32.6M | $135.2M | $27.9M | $19.7M | ···· | ···· |
| EBITDA | -$11.5M | -$135.2M | -$19.6M | -$19.7M | ···· | ···· |
| Operating Income | -$34.0M | -$138.7M | -$27.9M | -$19.9M | ···· | ···· |
| Interest Expense | $36.4M | $40.7M | $13.5M | $7.9M | ···· | ···· |
| Income Before Tax | -$48.6M | -$174.6M | -$35.4M | -$21.0M | ···· | ···· |
| Income Tax Expense | $115K | $0.00 | $0.00 | $0.00 | ···· | ···· |
| Net Income | -$47.6M | -$169.2M | -$31.1M | -$20.9M | ···· | ···· |
| Basic EPS | $-2353182394.00 | $-0.82 | $-14799.80 | $-1072569301.00 | ···· | ···· |
| Basic Shares | 0 | 60.6K | 2.0K | 0 | ···· | ···· |
| Diluted Shares | 0 | 60.6K | 2.0K | 0 | ···· | ···· |
Earnings Summary
Revenue
$0
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
-$152.00
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
No material change
Cash Change
No material change
Margin Change
Not available
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Potential Score Impact
Pressure indicators included EPS growth, cash levels, debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
EPS declined 100.0%. Cash was essentially unchanged. Total debt was essentially unchanged.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
4 historical recordsHistorical Score Chart
3 of 4 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
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Rumor Mill · SMX
Corporate developments & opportunities
No reviewed developments match this filter.
The reliability percentage measures the strength of the supporting evidence—not the probability that the event will occur or that the stock will rise. Rumor Mill is separate from the WSS score.
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