SmartRent, Inc.

SMRT

SMRTSmartRent, Inc. US flag

New York Stock Exchange

0.99

USD

+0.03

- -

191.64MMarket Cap

Income Statement (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	53	111	168	237	175	152
+ Sales & Services Revenue	53	111	168	237	175	152
- Cost of Revenue	57	121	166	187	115	102
+ Cost of Goods & Services	57	121	166	187	115	102
Gross Profit	-4	-10	1	50	60	50
+ Other Operating Income	- -	- -	- -	- -	- -	- -
- Operating Expenses	31	62	106	93	102	89
+ Selling, General & Admin	22	40	76	64	73	63
+ Research & Development	9	22	29	29	29	26
+ Other Operating Expense	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	-36	-72	-104	-43	-42	-39
- Non-Operating (Income) Loss	1	- -	-3	-8	-8	21
+ Interest Expense, Net	1	- -	-2	-9	-8	-4
+ Interest Expense	1	- -	- -	- -	- -	- -
- Interest Income	- -	- -	2	9	9	4
+ Other Non-Op (Income) Loss	1	- -	-1	- -	- -	25
Pretax Income	-37	-72	-102	-35	-33	-61
- Income Tax Expense (Benefit)	- -	- -	-5	- -	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-37	-72	-96	-35	-34	-61
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-37	-72	-96	-35	-34	-61
- Minority Interest	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-37	-72	-96	-35	-34	-61
- Preferred Dividends	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-37	-72	-96	-35	-34	-61
EBIT	-36	-72	-104	-43	-42	-39
EBITDA	-35	-71	-100	-38	-35	-31
EBITDA Margin (%)	-67.42	-64.34	-59.58	-15.89	-20.17	-20.1
EBITA	-36	-72	-104	-43	-42	-39
Gross Margin (%)	-8.18	-9.1	0.8	20.91	34.5	32.74
Operating Margin (%)	-67.99	-64.76	-62.12	-18.22	-23.89	-25.63
Profit Margin (%)	-70.64	-65.04	-57.4	-14.6	-19.24	-39.76
Sales per Employee	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -
Depreciation Expense	- -	- -	4	6	6	8
Basic Weighted Avg Shares	194	75	196	201	199	190
Basic EPS, GAAP	-0.19	-0.96	-0.49	-0.17	-0.17	-0.32
Basic EPS from Cont Ops	-0.19	-0.96	-0.49	-0.17	-0.17	-0.32
Diluted Weighted Avg Shares	194	75	196	201	199	190
Diluted EPS, GAAP	-0.19	-0.96	-0.49	-0.17	-0.17	-0.32
Diluted EPS from Cont Ops	-0.19	-0.96	-0.49	-0.17	-0.17	-0.32

Balance Sheet (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	88	536	378	340	258	188
+ Cash, Cash Equivalents & STI	39	431	210	215	142	105
+ Cash & Cash Equivalents	39	431	210	215	142	105
+ ST Investments	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	21	45	62	62	59	47
+ Accounts Receivable, Net	21	45	62	62	59	47
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -
+ Inventories	18	33	76	42	35	27
+ Raw Materials	- -	- -	1	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -
+ Finished Goods	18	33	74	41	35	26
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -
+ Other ST Assets	11	26	30	22	21	9
+ Misc ST Assets	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	16	44	182	169	163	133
+ Property, Plant & Equip, Net	2	5	6	4	6	8
+ Property, Plant & Equip	2	6	8	6	9	12
- Accumulated Depreciation	- -	1	2	2	3	4
+ LT Investments & Receivables	- -	- -	- -	2	- -	- -
+ LT Investments	- -	- -	- -	2	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -
+ Other LT Assets	14	39	176	163	156	125
+ Total Intangible Assets	4	16	151	150	150	123
+ Goodwill	4	13	117	117	117	92
+ Other Intangible Assets	- -	4	34	33	33	30
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	10	23	25	13	6	2
Total Assets	104	580	561	510	420	321
+ Payables & Accruals	3	11	27	24	24	16
+ Accounts Payable	2	6	18	15	9	13
+ Accrued Taxes	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	1	5	9	9	15	3
+ ST Debt	2	- -	- -	- -	- -	- -
+ ST Borrowings	2	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	28	60	106	94	48	44
+ Deferred Revenue	19	42	80	77	35	33
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	9	18	26	16	12	11
Total Current Liabilities	33	71	133	117	71	60
+ LT Debt	3	- -	- -	1	7	6
+ LT Borrowings	3	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	1	7	6
+ Other LT Liabilities	35	60	64	49	53	23
+ Accrued Liabilities	34	53	60	46	53	23
+ Pension Liabilities	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	1	6	4	3	- -	- -
Total Noncurrent Liabilities	38	60	64	50	60	29
Total Liabilities	71	130	197	167	131	89
+ Preferred Equity and Hybrid Capital	111	- -	- -	- -	- -	- -
+ Share Capital & APIC	4	604	615	628	637	645
+ Common Stock	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	4	604	615	628	637	645
- Treasury Stock	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-83	-155	-251	-286	-348	-413
+ Other Equity	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	33	450	364	342	289	232
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -
Total Equity	33	450	364	342	289	232
Total Liabilities & Equity	104	580	561	510	420	321
Shares Outstanding	194	194	199	203	192	190
Number of Employees	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	1	7	6
Net Debt	-34	-431	-210	-215	-142	-105
Net Debt to Equity	-101.86	-95.85	-57.77	-62.85	-49.23	-45.04
Tangible Common Equity Ratio	-82.67	76.89	51.97	53.47	51.59	55.21
Current Ratio	2.67	7.6	2.85	2.9	3.63	3.13
Cash Conversion Cycle	- -	174.9	215.39	170.26	208.78	195.9

Cash Flow Statement (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	-37	-72	-96	-35	-34	-61
+ Depreciation & Amortization	- -	- -	4	6	6	8
+ Non-Cash Items	11	18	19	22	23	37
+ Stock-Based Compensation	2	8	14	13	12	9
+ Deferred Income Taxes	- -	- -	-6	- -	- -	- -
+ Asset Impairment Charge	- -	- -	4	- -	2	25
+ Other Non-Cash Adj	9	9	7	9	8	4
+ Chg in Non-Cash Work Cap	-3	-16	-5	13	-28	-7
+ (Inc) Dec in Accts Receiv	-14	-24	-16	- -	1	13
+ (Inc) Dec in Inventories	-11	-16	-43	32	-1	4
+ (Inc) Dec in Prepaid Assets	1	-11	6	1	5	7
+ Inc (Dec) in Accts Payable	-3	5	16	-15	-7	-7
+ Inc (Dec) in Other	24	29	33	-5	-26	-24
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-28	-70	-78	6	-33	-22
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	-1	-1	- -	-2	-4
+ Acq of Fixed Prod Assets	- -	-1	-1	- -	-2	-4
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	-29	-5
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	-29	-5
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-2	-6	-130	-2	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-2	-6	-130	-2	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	-2	-3	-4	-6	-5
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-3	-9	-134	-6	-8	-9
+ Dividends Paid	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	-9	-6	- -	- -	- -	- -
+ Cash From Debt	7	- -	- -	- -	- -	- -
+ Repayments of Debt	-16	-6	- -	- -	- -	- -
+ Other Financing Activities	57	479	-3	-2	-4	-3
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	48	474	-3	-2	-33	-7
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -
Net Changes in Cash	17	394	-215	-2	-73	-38
EBITDA	-35	-71	-100	-38	-35	-31
EBITDA Margin (%)	-67.42	-64.34	-59.58	-15.89	-20.17	-20.1
Free Cash Flow	-29	-72	-79	6	-35	-25
Net Cash Paid for Acquisitions	2	6	130	2	- -	- -
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -
Free Cash Flow to Equity	- -	-189	-79	6	-35	-25
Free Cash Flow per Basic Share	-0.15	-0.96	-0.4	0.03	-0.17	-0.13
Price/Free Cash Flow	- -	-10.5	-6.19	104.48	-11.19	-21.26
Cash Flow to Net Income	0.77	0.98	0.81	-0.17	0.98	0.36
Capital Expenditures	- -	-1	-1	- -	-2	-4