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smartrent - SMRT

SMRT

Close Chg Chg %
1.56 0.05 2.88%

Closed Market

1.61

+0.05 (2.88%)

Volume: 1.25M

Last Updated:

Nov 22, 2024, 3:59 PM EDT

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Company Overview: smartrent - SMRT

SMRT Key Data

Open

$1.59

 Day Range

1.57 - 1.64

52 Week Range

1.17 - 3.47

 Market Cap

$302.33M

Shares Outstanding

192.57M

 Public Float

171.54M

Beta

1.97

 Rev. Per Employee

N/A

P/E Ratio

N/A

 EPS

-$0.13

Yield

0.00%

 Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

1.24M

  

SMRT Performance

1 Week
 
 11.81%
 
1 Month
 
 -5.29%
 
3 Months
 
 -4.73%
 
1 Year
 
 -49.37%
 
5 Years
 
 N/A
 

SMRT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 5
Full Ratings ➔

About smartrent - SMRT

SmartRent, Inc. is an enterprise smart home automation company developing software and hardware that empowers property owners, managers and homebuilders to effectively manage, protect and automate daily operational processes. Its solutions are designed to provide property managers seamless visibility and control over all their communities assets while delivering additional revenue opportunities through all-in-one home control apps for residents. Its smart home products and solutions were conceptualized, innovated and built by former multifamily operators to maximize efficiency, increase convenience, oversee asset protection and more, all from one dashboard. The company was founded by Lucas Haldeman in 2017 and is headquartered in Scottsdale, AZ.

SMRT At a Glance

SmartRent, Inc.
8665 East Hartford Drive
Scottsdale, Arizona 85255
Phone 1-844-479-1555 Revenue 236.84M
Industry Computer Communications Net Income -34,587,000.00
Sector Electronic Technology 2023 Sales Growth 41.125%
Fiscal Year-end 12 / 2024 Employees 526
View SEC Filings

SMRT Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 2.703
Price to Book Ratio 1.894
Price to Cash Flow Ratio 107.044
Enterprise Value to EBITDA -12.198
Enterprise Value to Sales 1.792
Total Debt to Enterprise Value N/A

SMRT Efficiency

Revenue/Employee 450,262.357
Income Per Employee -65,754.753
Receivables Turnover 3.826
Total Asset Turnover 0.442

SMRT Liquidity

Current Ratio 2.801
Quick Ratio 2.446
Cash Ratio 1.839

SMRT Profitability

Gross Margin 20.566
Operating Margin -17.497
Pretax Margin -14.649
Net Margin -14.604
Return on Assets -6.461
Return on Equity -9.789
Return on Total Capital -10.10
Return on Invested Capital -9.789

SMRT Capital Structure

Total Debt to Total Equity N/A
Total Debt to Total Capital N/A
Total Debt to Total Assets N/A
Long-Term Debt to Equity N/A
Long-Term Debt to Total Capital N/A
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Smartrent - SMRT

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
- 110.64M 167.82M 236.84M
Sales Growth
- - +51.69% +41.13%
-
Cost of Goods Sold (COGS) incl D&A
- 120.71M 166.55M 188.13M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
- 1.08M 5.67M 6.64M
Depreciation
- - 2.22M 1.94M
-
Amortization of Intangibles
- - 3.45M 4.70M
-
COGS Growth
- - +37.98% +12.96%
-
Gross Income
- (10.07M) 1.27M 48.71M
Gross Income Growth
- - +112.60% +3,738.22%
-
Gross Profit Margin
- -9.10% +0.76% +20.57%
2020 2021 2022 2023 5-year trend
SG&A Expense
6.34K 61.58M 100.14M 90.15M
Research & Development
- 21.57M 29.42M 28.80M
Other SG&A
6.34K 40.01M 70.72M 61.34M
SGA Growth
- +970,565.20% +62.62% -9.98%
Other Operating Expense
- - - 180
-
Unusual Expense
- - 5.38M 1.72M
-
EBIT after Unusual Expense
(6.52K) (71.65M) (104.25M) (43.16M)
Non Operating Income/Expense
- 55.00K 2.54M 8.46M
Non-Operating Interest Income
- - 1.95M 8.58M
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
- - - 249.00K
-
Interest Expense Growth
- - - -
-
Gross Interest Expense
- - - 249.00K
-
Interest Capitalized
- - - -
-
Pretax Income
(6.52K) (71.85M) (101.71M) (34.70M)
Pretax Income Growth
- -1,102,001.55% -41.57% +65.89%
Pretax Margin
- -64.94% -60.61% -14.65%
Income Tax
- 115.00K (5.39M) (108.00K)
Income Tax - Current - Domestic
- - 233.00K 37.00K
-
Income Tax - Current - Foreign
- 133.00K 99.00K 28.00K
Income Tax - Deferred - Domestic
- - (5.72M) (173.00K)
-
Income Tax - Deferred - Foreign
- - (18.00K) (3.00K)
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(6.52K) (71.96M) (96.32M) (34.59M)
Minority Interest Expense
- - - -
-
Net Income
(6.52K) (71.96M) (96.32M) (34.59M)
Net Income Growth
- -1,103,765.62% -33.85% +64.09%
Net Margin Growth
- -65.04% -57.40% -14.60%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(6.52K) (71.96M) (96.32M) (34.59M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(6.52K) (71.96M) (96.32M) (34.59M)
EPS (Basic)
-0.0002 -0.3712 -0.4925 -0.1723
EPS (Basic) Growth
- -185,500.00% -32.68% +65.02%
Basic Shares Outstanding
29.06M 193.86M 195.57M 200.70M
EPS (Diluted)
-0.0002 -0.3712 -0.4925 -0.1723
EPS (Diluted) Growth
- -185,500.00% -32.68% +65.02%
Diluted Shares Outstanding
29.06M 193.86M 195.57M 200.70M
EBITDA
(6.52K) (70.57M) (93.20M) (34.80M)
EBITDA Growth
- -1,082,231.29% -32.07% +62.66%
EBITDA Margin
- -63.78% -55.54% -14.69%

Snapshot

Average Recommendation HOLD Average Target Price 2.40
Number of Ratings 5 Current Quarters Estimate -0.033
FY Report Date 12 / 2024 Current Year's Estimate -0.14
Last Quarter’s Earnings -0.05 Median PE on CY Estimate N/A
Year Ago Earnings -0.17 Next Fiscal Year Estimate -0.09
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 4 4 4 4
Mean Estimate -0.03 -0.03 -0.14 -0.09
High Estimates -0.01 0.00 -0.12 0.02
Low Estimate -0.05 -0.04 -0.15 -0.17
Coefficient of Variance -52.55 -69.28 -10.10 -88.42

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 2
OVERWEIGHT 0 0 0
HOLD 5 5 5
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Hold Hold Overweight

Insider Actions for Smartrent - SMRT

Date Name Shares Transaction Value
Oct 10, 2024 Robyn Young Chief Marketing Officer 54,745 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $1.66 per share 90,876.70
Oct 10, 2024 Robyn Young Chief Marketing Officer 39,883 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Oct 10, 2024 Robyn Young Chief Marketing Officer 55,624 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 20, 2024 Isaiah DeRose Wilson Chief Technology Officer 48,845 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 20, 2024 Kristen Lee General Counsel 7,084 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 20, 2024 Isaiah DeRose Wilson Chief Technology Officer 76,886 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 20, 2024 Isaiah DeRose Wilson Chief Technology Officer 18,890 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 20, 2024 Isaiah DeRose Wilson Chief Technology Officer 71,245 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 20, 2024 Isaiah DeRose Wilson Chief Technology Officer 70,780 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $1.59 per share 112,540.20
Aug 20, 2024 Daryl Stemm CFO 53,722 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 20, 2024 Kristen Lee General Counsel 33,610 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 20, 2024 Isaiah DeRose Wilson Chief Technology Officer 74,330 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $1.56 per share 115,954.80
Aug 20, 2024 Kristen Lee General Counsel 33,435 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $1.59 per share 53,161.65
Aug 20, 2024 Daryl Stemm CFO 14,167 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 20, 2024 Daryl Stemm CFO 20,353 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 20, 2024 Daryl Stemm CFO 54,852 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $1.56 per share 85,569.12
Aug 20, 2024 Daryl Stemm CFO 55,917 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 20, 2024 Daryl Stemm CFO 53,373 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $1.59 per share 84,863.07
Jul 25, 2024 Lucas Haldeman Chief Executive Officer; Director 20,384 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 25, 2024 Lucas Haldeman Chief Executive Officer; Director 11,428,607 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $2.45 per share 28,000,087.15

Smartrent in the News