SmartRent, Inc. financial data

Symbol
SMRT on NYSE
Industry
Services-Computer Integrated Systems Design
Location
6811 E Mayo Blvd, Phoenix, AZ
State of incorporation
DE
Fiscal year end
December 31
Former names
Fifth Wall Acquisition Corp. I (to 8/24/2021)
Latest financial report
10-K - Q4 2024 - Mar 5, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 323 % +12.7%
Quick Ratio 37.5 % -16.1%
Debt-to-equity 45.6 % -9.16%
Return On Equity -10.7 % -7.32%
Return On Assets -7.36 % -10.7%
Operating Margin -23.9 % -31.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 193M shares -5.48%
Common Stock, Shares, Outstanding 192M shares -5.55%
Entity Public Float 446M USD -34.5%
Common Stock, Value, Issued 19K USD -5%
Weighted Average Number of Shares Outstanding, Basic 199M shares -0.76%
Weighted Average Number of Shares Outstanding, Diluted 199M shares -0.76%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 175M USD -26.2%
Revenue from Contract with Customer, Excluding Assessed Tax 175M USD -26.2%
Cost of Revenue 115M USD -38.8%
Research and Development Expense 29.4M USD +1.96%
Selling and Marketing Expense 18.4M USD -3.97%
General and Administrative Expense 54.3M USD +21.5%
Operating Income (Loss) -41.8M USD +3.21%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -33.4M USD +3.8%
Income Tax Expense (Benefit) 267K USD
Net Income (Loss) Attributable to Parent -33.6M USD +2.73%
Earnings Per Share, Basic -0.17 USD/shares 0%
Earnings Per Share, Diluted -0.17 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 142M USD -33.8%
Accounts Receivable, after Allowance for Credit Loss, Current 59.3M USD -4.21%
Inventory, Net 35.3M USD -15.2%
Other Assets, Current 4.01M USD +81.2%
Assets, Current 258M USD -24.3%
Property, Plant and Equipment, Net 2.45M USD +75.1%
Operating Lease, Right-of-Use Asset 3.81M USD +49.3%
Intangible Assets, Net (Excluding Goodwill) 23.4M USD -14.2%
Goodwill 117M USD 0%
Other Assets, Noncurrent 16.4M USD +33.6%
Assets 420M USD -17.6%
Accounts Payable, Current 8.72M USD -42.2%
Employee-related Liabilities, Current 8.25M USD -19.7%
Accrued Liabilities, Current 13.1M USD +95.6%
Liabilities, Current 71M USD -39.4%
Operating Lease, Liability, Noncurrent 7.02M USD +436%
Other Liabilities, Noncurrent 7.12M USD +73.9%
Liabilities 131M USD -21.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -98K USD +54.6%
Retained Earnings (Accumulated Deficit) -348M USD -21.8%
Stockholders' Equity Attributable to Parent 289M USD -15.5%
Liabilities and Equity 420M USD -17.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.34M USD +67.6%
Net Cash Provided by (Used in) Financing Activities -6.46M USD -249%
Net Cash Provided by (Used in) Investing Activities -956K USD +18.2%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 192M shares -5.55%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -10.8M USD +19%
Interest Paid, Excluding Capitalized Interest, Operating Activities 72K USD +2.86%
Deferred Tax Assets, Valuation Allowance 80.6M USD +12.8%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 91.4M USD +7.5%
Operating Lease, Liability 7.61M USD +167%
Payments to Acquire Property, Plant, and Equipment 34K USD +25.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -33.5M USD +3.18%
Lessee, Operating Lease, Liability, to be Paid 9.63M USD +234%
Property, Plant and Equipment, Gross 5.62M USD +45.9%
Operating Lease, Liability, Current 592K USD -61.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.62M USD +150%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.1M USD -29.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +89.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.02M USD +5208%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.31M USD +164%
Preferred Stock, Shares Authorized 50M shares 0%
Unrecognized Tax Benefits 1.21M USD -68.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.16M USD
Operating Lease, Payments 367K USD -17%
Additional Paid in Capital 637M USD +1.47%
Amortization of Intangible Assets 3.87M USD 0%
Depreciation, Depletion and Amortization 1.5M USD +19.7%
Deferred Tax Assets, Net of Valuation Allowance 10.8M USD -20.2%
Share-based Payment Arrangement, Expense 12.1M USD -9.04%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%