SmartRent, Inc. financial data

Symbol
SMRT on NYSE
Industry
Services-Computer Integrated Systems Design
Location
18835 N. Thompson Peak Parkway, Suite 300, Scottsdale, Arizona
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Fifth Wall Acquisition Corp. I (to 8/24/2021)
Latest financial report
Q1 2024 - May 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 288 % -11.6%
Quick Ratio 38.5 % -33.1%
Debt-to-equity 48.8 % +2.14%
Return On Equity -8.51 % +62.8%
Return On Assets -5.72 % +63.1%
Operating Margin -17.1 % +63.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 204M shares +2.32%
Common Stock, Shares, Outstanding 203M shares +1.58%
Entity Public Float 681M USD +19.6%
Common Stock, Value, Issued 20K USD 0%
Weighted Average Number of Shares Outstanding, Basic 203M shares +2.6%
Weighted Average Number of Shares Outstanding, Diluted 203M shares +2.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 222M USD +13.7%
Revenue from Contract with Customer, Excluding Assessed Tax 222M USD +13.7%
Cost of Revenue 162M USD -9.94%
Research and Development Expense 29.9M USD -0.9%
Selling and Marketing Expense 18.6M USD -10.9%
General and Administrative Expense 49.3M USD -10.9%
Operating Income (Loss) -38M USD +58.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -29.1M USD +66.4%
Income Tax Expense (Benefit) -56K USD +90.5%
Net Income (Loss) Attributable to Parent -29.1M USD +66.3%
Earnings Per Share, Basic -0.14 USD/shares +68.2%
Earnings Per Share, Diluted -0.14 USD/shares +68.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 205M USD +0.38%
Accounts Receivable, after Allowance for Credit Loss, Current 58.1M USD -1.65%
Inventory, Net 30.9M USD -53.8%
Other Assets, Current 5.8M USD -17.5%
Assets, Current 319M USD -10.6%
Property, Plant and Equipment, Net 1.31M USD -31.2%
Operating Lease, Right-of-Use Asset 2.18M USD -39.7%
Intangible Assets, Net (Excluding Goodwill) 26.3M USD -12.8%
Goodwill 117M USD 0%
Other Assets, Noncurrent 12.3M USD +24.5%
Assets 485M USD -9.49%
Accounts Payable, Current 7.7M USD -34.2%
Employee-related Liabilities, Current 4.21M USD -18.2%
Accrued Liabilities, Current 6.7M USD -26.9%
Liabilities, Current 107M USD -13.3%
Operating Lease, Liability, Noncurrent 1.31M USD -53.2%
Other Liabilities, Noncurrent 3.89M USD +1.23%
Liabilities 152M USD -16.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -210K USD -192%
Retained Earnings (Accumulated Deficit) -298M USD -12.7%
Stockholders' Equity Attributable to Parent 333M USD -6.07%
Liabilities and Equity 485M USD -9.49%

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 203M shares +1.58%
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 71.5M USD +15.9%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 85.1M USD +7.28%
Operating Lease, Liability 2.85M USD -35.1%
Payments to Acquire Property, Plant, and Equipment 34K USD +25.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -29.2M USD +66.1%
Lessee, Operating Lease, Liability, to be Paid 2.89M USD -34.9%
Property, Plant and Equipment, Gross 3.95M USD +5.9%
Operating Lease, Liability, Current 1.54M USD -3.16%
Lessee, Operating Lease, Liability, to be Paid, Year Two 649K USD -57.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.57M USD -6.26%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) -173K USD +97%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 38K USD -19.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 496K USD -11.9%
Deferred Federal Income Tax Expense (Benefit) -173K USD +96.1%
Current Income Tax Expense (Benefit) 65K USD -80.4%
Preferred Stock, Shares Authorized 50M shares 0%
Unrecognized Tax Benefits 3.82M USD -83.6%
Operating Lease, Payments 1.67M USD +31.6%
Additional Paid in Capital 631M USD +1.95%
Current State and Local Tax Expense (Benefit) 117K USD -49.8%
Current Federal Tax Expense (Benefit) -80K USD
Amortization of Intangible Assets 3.87M USD -5.9%
Depreciation, Depletion and Amortization 1.5M USD +19.7%
Deferred Tax Assets, Net of Valuation Allowance 13.6M USD -22.9%
Share-based Payment Arrangement, Expense 12.9M USD -7.22%
Deferred State and Local Income Tax Expense (Benefit) -1.33M USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%