SmartRent, Inc. (SMRT)

SmartRent Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	125.6	142.48	215.21	210.41	430.84	38.62
Cash & Short-Term Investments	125.6	142.48	215.21	210.41	430.84	38.62
Cash Growth	-38.64%	-33.79%	2.28%	-51.16%	1015.65%	80.26%
Receivables	49.86	59.3	61.9	62.44	45.49	20.79
Inventory	33.19	35.26	41.58	75.73	33.21	17.63
Prepaid Expenses	8.95	7.87	7.14	5.04	15.08	3.28
Restricted Cash	-	-	0.5	7.06	1.27	-
Other Current Assets	10.27	12.74	14.01	17.68	10.12	7.35
Total Current Assets	227.86	257.65	340.34	378.36	536.01	87.66
Property, Plant & Equipment	8.82	6.26	3.95	6.04	4.8	1.77
Long-Term Investments	-	-	2.25	-	-	-
Goodwill	92.34	117.27	117.27	117.27	12.67	4.16
Other Intangible Assets	32.24	32.84	32.88	34.19	3.59	-
Long-Term Deferred Charges	1.85	3.07	11.25	22.51	18.33	10.07
Other Long-Term Assets	2.95	3.09	1.82	2.49	4.29	0.19
Total Assets	366.07	420.18	509.76	560.85	579.68	103.85
Accounts Payable	12.09	8.72	15.08	18.36	6.15	2.28
Accrued Expenses	20.26	21.3	16.95	22.73	12.3	5.28
Current Portion of Long-Term Debt	-	-	-	-	-	1.65
Current Portion of Leases	-	0.59	-	-	-	-
Current Unearned Revenue	38.89	35.07	77.26	80.02	42.19	19.35
Other Current Liabilities	4.64	5.35	8.03	11.67	9.93	4.28
Total Current Liabilities	75.87	71.03	117.31	132.78	70.57	32.83
Long-Term Debt	-	-	-	-	-	3.17
Long-Term Leases	6.72	7.02	-	-	-	-
Long-Term Unearned Revenue	32.7	52.59	45.9	59.93	53.41	34.15
Other Long-Term Liabilities	0.1	0.1	4.1	3.94	6.2	0.52
Total Liabilities	115.4	130.74	167.31	196.65	130.18	70.67
Common Stock	0.02	0.02	0.02	0.02	0.02	-
Additional Paid-In Capital	639.89	637.36	628.16	615.28	604.08	4.16
Retained Earnings	-389.23	-347.85	-285.51	-250.93	-154.6	-82.64
Comprehensive Income & Other	-0.01	-0.1	-0.22	-0.18	0.01	0.24
Total Common Equity	250.67	289.44	342.45	364.2	449.5	-78.25
Shareholders' Equity	250.67	289.44	342.45	364.2	449.5	33.18
Total Liabilities & Equity	366.07	420.18	509.76	560.85	579.68	103.85
Total Debt	6.72	7.61	-	-	-	4.82
Net Cash (Debt)	118.88	134.87	215.21	210.41	430.84	33.8
Net Cash Growth	-41.93%	-37.33%	2.28%	-51.16%	1174.75%	803.69%
Net Cash Per Share	0.61	0.68	1.07	1.08	5.77	3.93
Filing Date Shares Outstanding	188.18	192.7	203.87	199.25	194.07	2.63
Total Common Shares Outstanding	191.75	192.05	203.33	198.53	193.86	2.12
Working Capital	151.99	186.62	223.03	245.58	465.44	54.83
Book Value Per Share	1.31	1.51	1.68	1.83	2.32	-36.84
Tangible Book Value	126.09	139.33	192.3	212.74	433.25	-82.41
Tangible Book Value Per Share	0.66	0.73	0.95	1.07	2.23	-38.80
Machinery	3.54	3.44	3.14	2.99	2.39	1.1
Leasehold Improvements	5.13	2.19	0.72	0.7	0.28	0.1

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q