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SMX Releases 2024 Financial Statements Amidst Challenges

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SMX Releases 2024 Financial Statements Amidst Challenges

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SMX Public Limited Company ( (SMX) ) has shared an update.

SMX Public Limited Company has released its audited consolidated financial statements for the fiscal year ending December 31, 2024. The company underwent a 4.1:1 reverse stock split effective June 16, 2025, and has been facing challenges such as recurring losses and noncompliance with Nasdaq listing rules. The financial report highlights accumulated losses of $82 million and a dependency on external funding, raising concerns about the company’s ability to continue as a going concern.

More about SMX Public Limited Company

SMX (Security Matters) Public Limited Company operates in the technology industry, focusing on security solutions. The company is headquartered in Dublin, Ireland, and is involved in providing security and traceability solutions through the use of unique technology to mark and track items.

Average Trading Volume: 674,248

Technical Sentiment Signal: Sell

Current Market Cap: $4.45M

Find detailed analytics on SMX stock on TipRanks’ Stock Analysis page.

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