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Upturn AI Summary - About
SMX (Security Matters) Public Limited Company Class A Ordinary Shares(SMX)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for SMX
10/26/2026: SMX (1-star) is currently NOT-A-BUY. Pass it for now.
SMX is a Dublin-based technology firm focused on molecular-level authentication and supply chain traceability for physical goods. The company is known for its proprietary marking technology that connects materials to blockchain records, aiming to improve transparency in industries like gold, plastics, and rubber. While it has established key partnerships, the company faces significant challenges, including recurring net losses, substantial dilution, and auditor warnings regarding its going-concern status. It remains a highly speculative, micro-cap stock that may appeal primarily to aggressive momentum traders. Investors should monitor liquidity, dilution events, and the company's ability to turn its technological pilot projects into sustainable commercial revenue.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The company is in an early-stage development phase with high execution risk and limited revenue validation. |
| Momentum investor | Strong fit while signal remains positive | The stock exhibits high price volatility and has periodically been a top trending ticker on social media platforms. |
| Value investor | Weak fit | The company’s significant accumulated losses and reliance on continuous dilution make it unsuitable for traditional value strategies. |
| Dividend investor | Weak fit | SMX does not generate profits and has no history of dividend payments. |
| Low-risk investor | Weak fit | High price volatility and going-concern risks make this an inappropriate choice for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock frequently experiences large price swings due to low float and retail-driven trading sentiment. |
| Valuation risk | High | Extensive dilution and recurring losses make it difficult to establish a stable fundamental valuation. |
| Competition risk (specialty services) | Medium / high | The company faces challenges from better-funded firms providing competing supply chain transparency and tracking technologies. |
| Business quality | Low | The business model is currently pre-revenue and reliant on outside capital, indicating low financial sustainability. |
| Dividend income | Low / none | There is no potential for income generation from this stock. |
| Execution risk | High | Success depends entirely on the commercial scaling of a novel, unproven molecular marking technology. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit 0% | Avg. Invested days 0 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/26/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.83M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 587.5K shares | Beta -4.23 | 52 Weeks Range 1.60 - 109340.79 | Updated Date 10/26/2026 |
52 Weeks Range 1.60 - 109340.79 | Updated Date 10/26/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1000000 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Molecular Marker Technology | Licensing of proprietary marking solutions for product authentication and tracking. | The company aims to earn money by charging clients to embed its markers into their materials. |
| Digital Platform Services | Fees associated with the blockchain-based software that tracks the lifecycle of marked goods. | The company hopes to generate recurring software revenue by managing the digital data for authenticated items. |
Valuation
Trailing PE - | Forward PE - | Enterprise Value -29.41M | Price to Sales(TTM) - |
Enterprise Value -29.41M | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA 0.83 | Shares Outstanding 1.09M | Shares Floating 791.70K |
Shares Outstanding 1.09M | Shares Floating 791.70K | ||
Percent Insiders 26.49 | Percent Institutions 0.9 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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