YOLFTbeta
SmartRent Inc

SmartRent Inc

SMRT · NYSE · Technology / Software - Application

1.59USD-0.08 (-4.79%)

Price History

Full chart

Market Stats

Previous Close1.67
Open1.65
Day Range1.58 – 1.68
52-Week Range0.905 – 2.20
Volume823.59K
Market Cap228.02M
P/E (TTM)0.00
Forward P/E47.62
EPS-0.10
Dividend Yield0.00%
Beta1.56
50-Day Avg1.22
200-Day Avg1.44

About

SmartRent, Inc., an enterprise real estate technology company, provides management software and applications to rental property owners and operators, property managers, homebuilders, developers, and residents in the United States and internationally. Its smart building hardware and cloud-based software-as-a-service solutions are designed to enhance visibility and control their real estate assets while providing all-in-one home control offerings for residents. The company's products and solutions include smart apartments and homes, access control for buildings, common areas, rental units, community and resident Wi-Fi, asset protection and monitoring, and self-guided tours. It also offers professional services to customers, which include training, installation, and support services. The company was founded in 2017 and is headquartered in Phoenix, Arizona.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Frank D. Martell
  • Employees418
  • Headquarters6811 E. Mayo Blvd., Phoenix, AZ, United States, 85054, USA
  • Websitehttps://smartrent.com

Leadership

  • Mr. Frank D. MartellCEO, President & Director · b. 1960
  • Mr. Isaiah Derose-WilsonCo-Founder · b. 1984
  • Mr. Daryl StemmChief Financial Officer · b. 1960
  • Mr. Brian McQuaidGeneral Counsel & Company Secretary · b. 1971
  • Ms. Natalie CariolaChief Revenue Officer · b. 1977
  • Mr. Pankaj BansiChief Operating Officer
  • Mr. Sangeeth PonathilChief Information Officer
  • Kelly ReisdorfHead of Investor Relations
  • Ms. Amanda ChavezVice President of Marketing & Communications
  • Ms. Heather AuerChief Human Resources Officer

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.36B1.33B1.27B36.23M52.53M110.64M167.82M236.84M174.88M152.33M
Growth (%)--2.05%-4.49%-97.15%+44.99%+110.60%+51.69%+41.13%-26.16%-12.90%
Cost of Revenue1.00B987.69M919.81M37.29M56.83M120.71M166.47M187.31M114.55M102.46M
Gross Profit358.98M344.88M352.92M-1.06M-4.30M-10.07M1.35M49.53M60.34M49.87M
Gross Margin26.39%25.88%27.73%-2.92%-8.18%-9.10%0.80%20.91%34.50%32.74%
Operating Expense355.41M376.11M348.24M23.38M31.42M61.58M105.60M92.69M102.11M87.55M
Operating Income3.57M-31.23M4.69M-24.43M-35.72M-71.65M-104.25M-43.16M-41.77M-37.68M
Operating Margin0.26%-2.34%0.37%-67.44%-67.99%-64.76%-62.12%-18.22%-23.89%-24.74%
EBITDA28.40M-8.48M15.37M-24.38M-35.65M-71.13M-97.45M-29.16M-26.88M-51.90M
EBITDA Margin2.09%-0.64%1.21%-67.27%-67.85%-64.29%-58.07%-12.31%-15.37%-34.07%
Net Income401.00K-24.32M-6.17M-33.47M-37.11M-71.96M-96.32M-34.59M-33.64M-60.56M
Net Income Margin0.03%-1.83%-0.48%-92.37%-70.64%-65.04%-57.40%-14.60%-19.24%-39.76%
R&D---7.73M9.41M21.57M29.42M28.80M29.37M26.22M
R&D as % of Total Revenue---21.34%17.90%19.50%17.53%12.16%16.79%17.22%
Interest Expense0000559.00K249.00K1.95M8.58M400.00K378.00K
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%1.06%0.23%1.16%3.62%0.23%0.25%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-483.36M437.11M47.45M103.85M579.68M560.85M509.76M420.18M320.93M
Total Liabilities-435.04M394.15M45.68M70.67M130.18M196.65M167.31M130.74M88.79M
Total Equity-48.32M42.95M1.78M33.18M449.50M364.20M342.45M289.44M232.14M
Cash-10.40M9.05M21.42M38.62M430.84M210.41M215.21M142.48M104.55M
Total Debt-156.13M153.25M17.68M4.82M--1.31M7.02M7.41M
Net Debt-145.72M144.20M-3.74M-33.80M-430.84M-210.41M-213.90M-135.46M-97.14M

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow60.59M47.71M8.90M-21.86M-28.49M-70.38M-77.83M5.98M-32.91M-21.57M
Investing Cash Flow----821.00K-2.68M-9.37M-133.99M-6.02M-7.60M-8.63M
Financing Cash Flow-22.61M-29.43M-4.07M40.98M48.22M473.93M-2.80M-1.91M-32.96M-7.44M
Capital Expenditure42.38M21.24M8.99M771.00K298.00K1.47M4.32M3.77M7.60M8.63M
Free Cash Flow18.21M26.47M-91.00K-22.63M-28.79M-71.85M-82.15M2.21M-40.51M-30.20M
Dividends Paid14.70M3.64M223.00K97.00K------
FCF to OCF30.05%55.47%-1.02%103.53%101.05%102.09%105.55%36.92%123.09%139.98%
Dividend Paid to FCF80.74%13.75%-245.05%-0.43%------

Earnings

Report DateJul 25, 1995Oct 19, 1995Feb 27, 1996Apr 23, 1996Jul 23, 1996Oct 22, 1996Feb 25, 1997Apr 22, 1997Jul 22, 1997Oct 21, 1997Mar 3, 1998Apr 28, 1998Jul 28, 1998Oct 27, 1998Mar 2, 1999Apr 27, 1999Jul 27, 1999Oct 26, 1999Feb 29, 2000Apr 25, 2000Jul 25, 2000Oct 24, 2000Mar 6, 2001Apr 24, 2001Jul 24, 2001Oct 23, 2001Feb 15, 2002May 30, 2002Aug 27, 2002Nov 21, 2002Mar 12, 2003May 22, 2003Aug 21, 2003Nov 20, 2003Mar 18, 2004May 20, 2004Aug 19, 2004Nov 18, 2004Mar 17, 2005May 19, 2005Aug 18, 2005Nov 17, 2005Mar 16, 2006May 18, 2006Aug 17, 2006Nov 16, 2006Mar 21, 2007May 24, 2007Aug 23, 2007Nov 29, 2007Mar 20, 2008May 22, 2008Aug 21, 2008Nov 20, 2008Mar 19, 2009May 21, 2009Aug 20, 2009Nov 19, 2009Mar 18, 2010May 20, 2010Aug 19, 2010Nov 18, 2010Mar 10, 2011May 19, 2011Aug 18, 2011Nov 17, 2011Mar 8, 2012May 17, 2012Aug 16, 2012May 23, 2013Aug 22, 2013Nov 21, 2013Mar 13, 2014May 22, 2014Aug 21, 2014Nov 20, 2014Mar 12, 2015May 21, 2015Aug 20, 2015Nov 19, 2015Mar 10, 2016May 19, 2016Aug 19, 2016Nov 17, 2016Mar 8, 2017May 17, 2017Aug 16, 2017May 17, 2021Sep 29, 2021Nov 10, 2021Mar 24, 2022May 11, 2022Aug 11, 2022Nov 10, 2022Mar 8, 2023May 10, 2023Aug 8, 2023Nov 7, 2023Mar 5, 2024May 8, 2024Aug 7, 2024Nov 6, 2024Mar 3, 2025May 7, 2025Aug 6, 2025Nov 5, 2025Feb 5, 2026May 6, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate0.110.040.26-0.020.130.050.330.000.190.060.430.020.20-0.050.350.010.22-0.060.420.000.31-0.020.470.000.26-0.200.280.230.07-0.100.250.04-0.18-0.440.310.270.11-0.050.460.360.230.010.400.150.180.000.410.180.05-0.07-0.34-0.04-0.13-0.20-0.410.16-0.02-0.060.170.230.070.030.220.310.06-0.030.190.300.020.290.080.000.260.320.080.010.290.340.05-0.050.210.260.07-0.15-0.040.14-0.20---0.03-0.09-0.10-0.10-0.11-0.10-0.06-0.04-0.03-0.01-0.01-0.01-0.02-0.03-0.01-0.03-0.06-0.04-0.01-0.02-
EPS Actual0.110.040.26-0.010.170.050.350.030.200.070.440.020.20-0.100.350.010.21-0.060.390.020.320.050.47-0.030.26-0.190.330.270.07-0.090.250.04-0.07-0.250.330.270.13-0.050.530.390.260.030.480.170.190.010.480.180.05-0.06-0.300.17-0.19-0.34-1.350.380.040.070.190.320.250.100.320.320.03-0.040.150.270.020.330.080.000.290.320.060.020.320.310.100.010.170.310.06-0.24-0.110.08-0.28-0.01-4.87-0.25-0.13-0.12-0.12-0.11-0.11-0.06-0.05-0.04-0.02-0.01-0.01-0.02-0.06-0.05-0.06-0.03-0.02-0.02-0.03-
Surprise0.00%0.00%0.00%50.00%30.77%0.00%6.06%-5.26%16.67%2.33%0.00%0.00%-100.00%0.00%0.00%-4.55%0.00%-7.14%-3.23%350.00%0.00%-0.00%5.00%17.86%17.39%0.00%10.00%0.00%0.00%61.11%43.18%6.45%0.00%18.18%0.00%15.22%8.33%13.04%200.00%20.00%13.33%5.56%-17.07%0.00%0.00%14.29%11.76%525.00%-46.15%-70.00%-229.27%137.50%300.00%216.67%11.76%39.13%257.14%233.33%45.45%3.23%-50.00%-33.33%-21.05%-10.00%0.00%13.79%0.00%-11.54%0.00%-25.00%100.00%10.34%-8.82%100.00%120.00%-19.05%19.23%-14.29%-60.00%-175.00%-42.86%-40.00%---733.33%-44.44%-20.00%-20.00%0.00%-10.00%0.00%-25.00%-33.33%-100.00%0.00%0.00%0.00%-85.67%-400.00%-100.00%50.00%55.56%-100.00%-50.00%-
Timing----Pre-marketPre-marketPre-marketPre-market------------------------------------------------------------------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap228.02M
Enterprise Value134.84M
Trailing P/E0.00
Forward P/E47.62
Price / Sales1.51
Price / Book0.99
EPS-0.10
Book Value1.18
Revenue (TTM)151.20M
Gross Profit (TTM)54.94M
EBITDA-16.09M
Profit Margin-12.97%
Operating Margin-16.22%
Return on Equity-8.45%
Return on Assets-4.13%
Shares Outstanding191.61M
Shares Float169.31M
Beta1.56
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 2 analystsTarget 1.45
  • Hold
    2

Ownership Breakdown

Institutions
64.61%
Insiders
11.87%
Retail / Other
23.52%

Top Institutional Holders

  • Citigroup Inc
    15.89M8.29%
  • Oaktree Capital Management LLC
    7.51M3.92%
  • Vanguard Capital Management, LLC
    6.97M3.64%
  • UBS Group AG
    6.71M3.50%
  • Blue Door Asset Management, LLC
    5.93M3.10%
  • Marshall Wace Asset Management Ltd
    5.61M2.93%
  • Long Pond Capital, LP
    5.61M2.93%
  • Bank of America Corp
    5.39M2.81%
  • Punch & Associates Inv Mgmt Inc
    5.29M2.76%
  • Vanguard Portfolio Management, LLC
    4.23M2.21%
  • Tikvah Management LLC
    3.33M1.74%
  • BlackRock Inc
    2.76M1.44%
  • The Goldman Sachs Group Inc
    2.71M1.41%
  • KIM, LLC
    2.66M1.39%
  • Royce & Associates, LP
    2.62M1.37%
  • Ancora Advisors LLC
    2.58M1.35%
  • Kennedy Capital Management Inc
    2.52M1.31%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    4.76M2.48%
  • iShares Russell 2000 ETF
    4.50M2.35%
  • Vanguard Information Technology ETF
    4.34M2.27%

Stock Splits

  • May 26, 19981:2
  • Sep 13, 19932:3