SmartRent, Inc. financial data

Symbol
SMRT on NYSE
Industry
Services-Computer Integrated Systems Design
Location
8665 E Hartford Drive Suite 200, Scottsdale, 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-Q - Q3 2024 - Nov 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 307 % +7.54%
Quick Ratio 34.8 % -30.5%
Debt-to-equity 46.5 % -9.62%
Return On Equity -7.79 % +47.9%
Return On Assets -5.32 % +46.1%
Operating Margin -17.3 % +36.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 193M shares -5.21%
Common Stock, Shares, Outstanding 193M shares -4.98%
Entity Public Float 681M USD +19.6%
Common Stock, Value, Issued 19K USD -5%
Weighted Average Number of Shares Outstanding, Basic 199M shares -1.42%
Weighted Average Number of Shares Outstanding, Diluted 199M shares -1.42%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 200M USD -8%
Revenue from Contract with Customer, Excluding Assessed Tax 200M USD -8%
Cost of Revenue 133M USD -26.6%
Research and Development Expense 29.9M USD +4.29%
Selling and Marketing Expense 18.3M USD -5.18%
General and Administrative Expense 53.6M USD +11.5%
Operating Income (Loss) -34.6M USD +41.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -25.5M USD +51.3%
Income Tax Expense (Benefit) 45K USD -86.2%
Net Income (Loss) Attributable to Parent -25.5M USD +51.6%
Earnings Per Share, Basic -0.12 USD/shares +55.6%
Earnings Per Share, Diluted -0.12 USD/shares +55.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 163M USD -22.6%
Accounts Receivable, after Allowance for Credit Loss, Current 63M USD -0.84%
Inventory, Net 35.9M USD -24.4%
Other Assets, Current 5.06M USD +526%
Assets, Current 285M USD -17.2%
Property, Plant and Equipment, Net 1.36M USD -14.6%
Operating Lease, Right-of-Use Asset 4.17M USD +42.8%
Intangible Assets, Net (Excluding Goodwill) 24.3M USD -13.7%
Goodwill 117M USD 0%
Other Assets, Noncurrent 15.9M USD +51.4%
Assets 449M USD -13%
Accounts Payable, Current 9.54M USD +5.69%
Employee-related Liabilities, Current 7.28M USD -17%
Accrued Liabilities, Current 12.6M USD +106%
Liabilities, Current 86M USD -30.5%
Operating Lease, Liability, Noncurrent 7.31M USD
Other Liabilities, Noncurrent 7.37M USD +60.2%
Liabilities 143M USD -16.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax 49K USD
Retained Earnings (Accumulated Deficit) -331M USD -17.4%
Stockholders' Equity Attributable to Parent 305M USD -11.1%
Liabilities and Equity 449M USD -13%

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 193M shares -4.98%
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
Deferred Tax Assets, Gross 85.1M USD +7.28%
Operating Lease, Liability 7.87M USD
Payments to Acquire Property, Plant, and Equipment 34K USD +25.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -25.2M USD +51.4%
Lessee, Operating Lease, Liability, to be Paid 9.91M USD
Property, Plant and Equipment, Gross 4.42M USD +16.6%
Operating Lease, Liability, Current 561K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.62M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 1.02M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure
Deferred Income Tax Expense (Benefit) -4.84M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.04M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.31M USD
Preferred Stock, Shares Authorized 50M shares 0%
Unrecognized Tax Benefits 3.82M USD -83.6%
Operating Lease, Payments 367K USD -17%
Additional Paid in Capital 636M USD +1.71%
Amortization of Intangible Assets 3.87M USD -1.95%
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 12.6M USD -5.72%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%