SmartRent, Inc. (SMRT)
NYSE: SMRT · Real-Time Price · USD
1.580
-0.010 (-0.63%)
Dec 20, 2024, 4:00 PM EST - Market closed
SmartRent Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Revenue | 199.77 | 236.84 | 167.82 | 110.64 | 52.53 | 36.23 |
| Revenue Growth (YoY) | -8.00% | 41.13% | 51.69% | 110.60% | 44.99% | - |
| Cost of Revenue | 132.59 | 187.31 | 166.47 | 120.71 | 56.85 | 37.29 |
| Gross Profit | 67.19 | 49.53 | 1.35 | -10.07 | -4.32 | -1.06 |
| Selling, General & Admin | 69.46 | 59.06 | 59.64 | 39.2 | 17.91 | 15.65 |
| Research & Development | 29.91 | 28.81 | 29.42 | 21.57 | 9.41 | 7.73 |
| Operating Expenses | 99.36 | 87.86 | 89.07 | 60.77 | 27.32 | 23.38 |
| Operating Income | -32.18 | -38.33 | -87.72 | -70.84 | -31.64 | -24.43 |
| Interest Expense | - | - | - | -0.25 | -0.56 | -0.16 |
| Interest & Investment Income | 9.23 | 8.58 | 1.95 | - | - | - |
| Currency Exchange Gain (Loss) | - | - | - | - | -0.47 | - |
| Other Non Operating Income (Expenses) | -0.06 | -0.12 | 0.6 | 0.06 | -0.22 | -0.27 |
| EBT Excluding Unusual Items | -23.01 | -29.87 | -85.18 | -71.03 | -32.88 | -24.86 |
| Merger & Restructuring Charges | -0.66 | -2.93 | -7.29 | -0.81 | -4.08 | - |
| Asset Writedown | - | - | -4.44 | - | - | - |
| Other Unusual Items | -1.81 | -1.89 | -4.81 | - | - | -5.4 |
| Pretax Income | -25.48 | -34.7 | -101.71 | -71.85 | -36.96 | -30.26 |
| Income Tax Expense | 0.05 | -0.11 | -5.39 | 0.12 | 0.15 | - |
| Net Income | -25.52 | -34.59 | -96.32 | -71.96 | -37.11 | -30.26 |
| Preferred Dividends & Other Adjustments | - | - | - | - | - | 3.21 |
| Net Income to Common | -25.52 | -34.59 | -96.32 | -71.96 | -37.11 | -33.47 |
| Shares Outstanding (Basic) | 202 | 201 | 196 | 75 | 9 | 1 |
| Shares Outstanding (Diluted) | 202 | 201 | 196 | 75 | 9 | 1 |
| Shares Change (YoY) | 1.36% | 2.62% | 161.74% | 769.05% | 833.55% | - |
| EPS (Basic) | -0.13 | -0.17 | -0.49 | -0.96 | -4.32 | -36.34 |
| EPS (Diluted) | -0.13 | -0.17 | -0.49 | -0.96 | -4.32 | -36.34 |
| Free Cash Flow | -14.11 | 5.83 | -78.95 | -71.85 | -28.79 | -22.63 |
| Free Cash Flow Per Share | -0.07 | 0.03 | -0.40 | -0.96 | -3.35 | -24.58 |
| Gross Margin | 33.63% | 20.91% | 0.80% | -9.10% | -8.21% | -2.92% |
| Operating Margin | -16.11% | -16.19% | -52.27% | -64.03% | -60.22% | -67.44% |
| Profit Margin | -12.77% | -14.60% | -57.40% | -65.04% | -70.64% | -92.37% |
| Free Cash Flow Margin | -7.06% | 2.46% | -47.04% | -64.94% | -54.80% | -62.47% |
| EBITDA | -27.36 | -33.62 | -84.98 | -70.38 | -31.34 | -24.38 |
| EBITDA Margin | -13.70% | -14.20% | -50.63% | -63.61% | -59.66% | -67.27% |
| D&A For EBITDA | 4.82 | 4.71 | 2.74 | 0.46 | 0.3 | 0.06 |
| EBIT | -32.18 | -38.33 | -87.72 | -70.84 | -31.64 | -24.43 |
| EBIT Margin | -16.11% | -16.19% | -52.27% | -64.03% | -60.22% | -67.44% |
| Revenue as Reported | 199.77 | 236.84 | 167.82 | 110.64 | 52.53 | 36.23 |
| Advertising Expenses | - | - | - | - | 0.66 | 0.71 |
Source: S&P Capital IQ. Standard template. Financial Sources.