SMX (SMX)
Material-embedded marking and digital traceability for supply chains.
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Provides material-embedded markers, readers, and digital records for authentication, provenance, and supply-chain tracing. Its B2B, partner-led model targets manufacturers and brands, but commercial deployments had not yet produced recurring revenue.
Embeds physical or chemical markers in plastics, metals, textiles, precious materials, and other products, then pairs markers with readers and a digital platform. The system is intended to establish provenance, confirm authenticity, and track materials through their lifecycle, with marker recipes adapted for production processes, end uses, and regulatory requirements.
Commercializes its unified marker-reader-platform system through B2B and white-label arrangements, including setup, implementation, reader, and ongoing service fees. Current work spans plastics and rubber, metals and critical minerals, fashion and luxury goods, diamonds, beverages, and electronics authentication; the legal parent is in Dublin, with core operating and research activity in central Israel.
Commercial adoption remains early: reported filings showed no recurring revenue from commercial technology deployments. Deployments depend on conversion of pilots and partnerships, jurisdictional approval for x-ray reader use, and rights under licensed source intellectual property.
Company facts
Categories
No analyst consensus on record.
Not reported.
Balance sheet, Dec 31, 2025Cash & short-term investments $12.2M · Total debt $9.2M · Total assets $41.4M · Shareholders' equity $8.9M
- Revenue
- $0
- Operating income
- −$2.3M
- Net income
- −$1.9M
No dividends on record.
| Insiders2 holders · as of Jul 27, 2026 | 2,896.92% | 9.5K ADS | |
| Adds to | 2,896.92% |
327 ADS (1 ADS = 30 ordinary shares) as of Sep 3, 2026 · holders as of their latest filing
Two share counts disagree (327 in the company's Sep 3, 2026 report, 60.7K elsewhere); stakes use the report.
These groups come from separate filings that can overlap, so they add to 2,896.92%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Haggai AlonInsiderdirector, 10 percent owner, officer: Chairman & CEO | 2,828.13% | 277,440 ordinary | Form 4filed Jul 27, 2026 ↗ |
Amir BaderInsiderdirector, officer: Interim CFO | 68.79% | 6,748 ordinary | Form 4filed Apr 24, 2026 ↗ |
Abri Advisors LtdStrategic | —8.98% of class, as filed | — | 13Gfiled Nov 13, 2025 ↗ |
GP LLC, General Partner of PMB Partners LPInstitution | —7.84% of class, as filed | — | 13Dfiled Aug 5, 2024 ↗ |
L1 Capital Global Opportunities Master Fund, Ltd.Institution | —9.99% of class, as filed | — | 13Gfiled Nov 5, 2024 ↗ |
| See all 9 → | |||
13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report
Insider tradesForm 4
No open-market trades in the last 12 months.
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ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| SMX | $16.08 | −0.20% | $978.0K | — | — | — | — |
| Digimarc | $5.43 | −2.16% | $121.7M | — | — | 3.9 | −7.8% |
| Avery Dennison | $173.92 | −0.29% | $13.34B | 19.1 | 16.7 | 1.4 | +10.9% |
| Zebra Technologies | $351.60 | +0.14% | $16.72B | 33.0 | 16.9 | 2.9 | +20.4% |
| Median | 26.1 | 16.8 | 2.9 | +10.9% |