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SMX (Security Matters) Public Limited Company (SMX)

Industrials | Specialty Business Services | Dublin, Ireland | NasdaqCM
4.92 USD -0.04 (-0.806%) ⇩ (April 20, 2026, 4 p.m. EDT)

Short-term: ☆☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★☆☆☆☆
Hot Take | April 19, 2026, 12:32 a.m. EDT

This is a structural bear trap disguised as a micro-cap turnaround. The stock is technically cheap ($5) compared to its inflated past highs ($3879), but the fundamentals are catastrophic: negative EPS (-$4.0), negative ROE (-8.4%), a current ratio of 0.59 (insolvency risk), and massive unsold IPO shares (30.4M) entering the float. The pricing signals confirm this; retail sentiment is overwhelmingly shorting the expansion in share count and diluting existing shares, while options flow places heavy protection on the downside. Despite the 'digital metal' narrative, the balance sheet is collapsing.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓1.393262
AutoARIMA1.432581
AutoETS1.432588
AutoTheta2.439669

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 42%
H-stat 23.17
Ljung-Box p 0.000
Jarque-Bera p 0.162
Excess Kurtosis -1.36
Attribute Value
Sector Industrials
Debt to Equity Ratio 47.462
Market Cap 23,416,410
Beta -2.41
Previous Name Security Matters Limited
Website https://smx.tech

As of April 19, 2026, 12:32 a.m. EDT: Options positioning shows aggressive downside hedging (puts) compared to upside speculation. The put bucket (expiring 2026-08-21) contains over 300% more volume than the call bucket, and significant outside-the-money OTM put OI clusters at $20-$25 strikes despite the stock trading near $5, indicating a deep, long-term bearish thesis or floor-setting strategy. Calls are sparse and predominantly ITM-implied (strikes $20-$30) with extremely low volume (1-3 contracts total), suggesting a lack of speculative momentum. Implied Volatility (IV) is near zero for both premiums, indicating a cynical market environment with no pricing for a news-driven move.


Info Dump

Attribute Value
52 Week Change -0.9984304
Address1 Mespil Business Centre
Address2 Mespil House Sussex Road
All Time High 1,381,872,770.0
All Time Low 4.56
Ask 6.1
Ask Size 2
Average Daily Volume10 Day 1,687,100
Average Daily Volume3 Month 1,041,395
Average Volume 1,041,395
Average Volume10Days 1,687,100
Beta -2.407
Bid 3.7
Bid Size 2
Book Value 4.931
City Dublin
Compensation As Of Epoch Date 1,640,908,800
Country Ireland
Crypto Tradeable 0
Currency USD
Current Price 4.92
Current Ratio 0.588
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 5.19
Day Low 4.735
Debt To Equity 47.462
Ebitda -138,479,008
Ebitda Margins 0.0
Enterprise To Ebitda -0.118
Enterprise Value 16,276,040
Eps Trailing Twelve Months -4.0
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 25.085413
Fifty Day Average Change -20.165413
Fifty Day Average Change Percent -0.8038701
Fifty Two Week Change Percent -99.84304
Fifty Two Week High 3,879.361
Fifty Two Week High Change -3,874.4412
Fifty Two Week High Change Percent -0.9987318
Fifty Two Week Low 4.56
Fifty Two Week Low Change 0.36000013
Fifty Two Week Low Change Percent 0.078947395
Fifty Two Week Range 4.56 - 3879.361
Financial Currency USD
First Trade Date Milliseconds 1,639,060,200,000
Float Shares 1,790,106
Free Cashflow 4,696,375
Full Exchange Name NasdaqCM
Full Time Employees 25
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.00279
Held Percent Institutions 0.00169
Implied Shares Outstanding 4,759,433
Industry Specialty Business Services
Industry Disp Specialty Business Services
Industry Key specialty-business-services
Ipo Expected Date 2,023-03-08
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,771,286,400
Last Split Factor 204:1000
Long Business Summary SMX (Security Matters) Public Limited Company provides brand protection, authentication and track and trace technology for the anti-counterfeit market. Its proprietary marker system embeds a permanent or removable mark on solid, liquid, or gaseous objects or materials. The company's solutions include physical or chemical marker system coupled with a reader and connected to a blockchain digital platform for application in process tracing, authentication, and sustainability and circular economics industries. It serves brand owners, manufacturers, and suppliers. The company was formerly known as Empatan Public Limited Company and changed its name to SMX (Security Matters) Public Limited Company in February 2023. The company is based in Dublin, Ireland.
Long Name SMX (Security Matters) Public Limited Company
Market us_market
Market Cap 23,416,410
Market State PRE
Max Age 86,400
Message Board Id finmb_575139548
Most Recent Quarter 1,767,139,200
Name Change Date 2,026-04-20
Net Income To Common -169,178,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 23,416,410
Open 4.86
Operating Cashflow -17,001,000
Operating Margins 0.0
Payout Ratio 0.0
Phone 353 1 920 1000
Pre Market Change -0.0539999
Pre Market Change Percent -1.097559
Pre Market Price 4.866
Pre Market Time 1,776,775,866
Prev Name Security Matters Limited
Previous Close 4.96
Price Hint 4
Price To Book 0.9977692
Profit Margins 0.0
Quick Ratio 0.579
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.04
Regular Market Change Percent -0.806451
Regular Market Day High 5.19
Regular Market Day Low 4.735
Regular Market Day Range 4.735 - 5.19
Regular Market Open 4.86
Regular Market Previous Close 4.96
Regular Market Price 4.92
Regular Market Time 1,776,715,200
Regular Market Volume 790,426
Return On Assets -2.0408
Return On Equity -8.37021
Sand P52 Week Change 0.34445214
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Shares Outstanding 4,759,433
Shares Percent Shares Out 0.0339
Shares Short 103,781
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 99,915
Short Name SMX (Security Matters) Public L
Short Percent Of Float 0.0377
Short Ratio 0.25
Source Interval 15
Symbol SMX
Total Cash 12,201,000
Total Cash Per Share 6.794
Total Debt 9,172,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -4.0
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 218.23955
Two Hundred Day Average Change -213.31955
Two Hundred Day Average Change Percent -0.977456
Type Disp Equity
Volume 790,426
Website https://smx.tech
Zip D04 T4A6