SMRT Financial Statements

Balance sheet, income statement, cash flow, and dividends for Smartrent Inc (SMRT).


$337.00M Market Cap.

As of 03/05/2025 5:00 PM ET (MRY) • Disclaimer

SMRT Market Cap. (MRY)


SMRT Shares Outstanding (MRY)


SMRT Assets (MRY)


Total Assets

$420.18M

Total Liabilities

$130.74M

Total Investments

$0

SMRT Income (MRY)


Revenue

$174.88M

Net Income

-$33.64M

Operating Expense

$102.11M

SMRT Cash Flow (MRY)


CF Operations

-$32.91M

CF Investing

-$7.60M

CF Financing

-$32.96M

SMRT Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$0

0%

0%

0%

-

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

0%

0%

0%

-

2020

$0

-

-

0%

-

SMRT Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$420,176,000 (-17.57%)

$509,756,000 (-9.11%)

$560,845,000 (-3.25%)

$579,683,000 (458.20%)

Assets Current

$257,650,000 (-24.30%)

$340,340,000 (-10.05%)

$378,356,000 (-29.41%)

$536,007,000 (511.50%)

Assets Non-Current

$162,526,000 (-4.07%)

$169,416,000 (-7.16%)

$182,489,000 (317.82%)

$43,676,000 (169.70%)

Goodwill & Intangible Assets

$140,643,000 (-2.68%)

$144,517,000 (-2.61%)

$148,391,000 (812.84%)

$16,256,000 (290.58%)

Shareholders Equity

$289,435,000 (-15.48%)

$342,448,000 (-5.97%)

$364,200,000 (-18.98%)

$449,502,000 (674.44%)

Property Plant & Equipment Net

$2,451,000 (75.07%)

$1,400,000 (-32.33%)

$2,069,000 (10.41%)

$1,874,000 (121.25%)

Cash & Equivalents

$142,482,000 (-33.95%)

$215,709,000 (-0.81%)

$217,466,000 (-49.67%)

$432,109,000 (1018.93%)

Accumulated Other Comprehensive Income

-$98,000 (54.63%)

-$216,000 (-22.73%)

-$176,000 (-2055.56%)

$9,000 (-96.17%)

Deferred Revenue

$87,659,000 (-28.83%)

$123,160,000 (-12.00%)

$139,948,000 (46.39%)

$95,597,000 (78.68%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$35,261,000 (-15.19%)

$41,575,000 (-45.10%)

$75,725,000 (128.03%)

$33,208,000 (88.38%)

Trade & Non-Trade Receivables

$59,299,000 (-4.21%)

$61,903,000 (-0.86%)

$62,442,000 (37.28%)

$45,486,000 (118.82%)

Trade & Non-Trade Payables

$8,716,000 (-42.19%)

$15,076,000 (-17.89%)

$18,360,000 (198.59%)

$6,149,000 (170.29%)

Accumulated Retained Earnings (Deficit)

-$347,847,000 (-21.83%)

-$285,512,000 (-13.78%)

-$250,925,000 (-62.30%)

-$154,603,000 (-87.08%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Debt Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Debt Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Liabilities

$130,741,000 (-21.86%)

$167,308,000 (-14.92%)

$196,645,000 (51.06%)

$130,181,000 (84.22%)

Liabilities Current

$71,032,000 (-39.45%)

$117,309,000 (-11.65%)

$132,776,000 (88.15%)

$70,568,000 (114.96%)

Liabilities Non-Current

$59,709,000 (19.42%)

$49,999,000 (-21.72%)

$63,869,000 (7.14%)

$59,613,000 (57.55%)

SMRT Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$174,885,000 (-26.16%)

$236,838,000 (41.13%)

$167,821,000 (51.69%)

$110,637,000 (110.60%)

Cost of Revenue

$114,547,000 (-38.85%)

$187,309,000 (12.52%)

$166,473,000 (37.91%)

$120,710,000 (112.40%)

Selling General & Administrative Expense

$72,741,000 (13.87%)

$63,883,000 (-16.14%)

$76,177,000 (90.41%)

$40,007,000 (81.74%)

Research & Development Expense

$29,369,000 (1.96%)

$28,805,000 (-2.10%)

$29,422,000 (36.39%)

$21,572,000 (129.34%)

Operating Expenses

$102,110,000 (10.17%)

$92,688,000 (-12.23%)

$105,599,000 (71.49%)

$61,579,000 (95.99%)

Interest Expense

$0 (0%)

-$8,580,000 (-340.90%)

-$1,946,000 (-881.53%)

$249,000 (-55.46%)

Income Tax Expense

$267,000 (347.22%)

-$108,000 (98.00%)

-$5,388,000 (-4785.22%)

$115,000 (-22.82%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$33,643,000 (2.73%)

-$34,587,000 (64.09%)

-$96,322,000 (-33.85%)

-$71,961,000 (-93.92%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$33,643,000 (2.73%)

-$34,587,000 (64.09%)

-$96,322,000 (-33.85%)

-$71,961,000 (-93.92%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$33,643,000 (2.73%)

-$34,587,000 (64.09%)

-$96,322,000 (-33.85%)

-$71,961,000 (-93.92%)

Weighted Average Shares

$199,181,000 (-0.76%)

$200,700,000 (2.62%)

$195,575,000 (161.74%)

$74,721,000 (769.05%)

Weighted Average Shares Diluted

$199,181,000 (-0.76%)

$200,700,000 (2.62%)

$195,575,000 (161.74%)

$74,721,000 (769.05%)

Earning Before Interest & Taxes (EBIT)

-$33,376,000 (22.87%)

-$43,275,000 (58.25%)

-$103,656,000 (-44.78%)

-$71,597,000 (-96.69%)

Gross Profit

$60,338,000 (21.82%)

$49,529,000 (3574.26%)

$1,348,000 (113.38%)

-$10,073,000 (-134.42%)

Operating Income

-$41,772,000 (3.21%)

-$43,159,000 (58.60%)

-$104,251,000 (-45.50%)

-$71,652,000 (-100.62%)

SMRT Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$7,599,000 (-26.17%)

-$6,023,000 (95.39%)

-$130,789,000 (-1295.38%)

-$9,373,000 (-249.74%)

Net Cash Flow from Financing

-$32,962,000 (-1630.29%)

-$1,905,000 (31.99%)

-$2,801,000 (-100.59%)

$473,926,000 (882.82%)

Net Cash Flow from Operations

-$32,913,000 (-650.29%)

$5,981,000 (107.38%)

-$81,037,000 (-15.15%)

-$70,376,000 (-147.02%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$73,227,000 (-3554.04%)

-$2,004,000 (99.07%)

-$214,891,000 (-154.54%)

$393,986,000 (2191.42%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

-$2,250,000 (98.26%)

-$129,676,000 (-2097.15%)

-$5,902,000 (-147.77%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$7,599,000 (-101.40%)

-$3,773,000 (-238.99%)

-$1,113,000 (24.34%)

-$1,471,000 (-393.62%)

Issuance (Repayment) of Debt Securities

$0 (0%)

$0 (0%)

$0 (0%)

-$5,519,000 (40.13%)

Issuance (Purchase) of Equity Shares

-$29,476,000 (-1811.73%)

$1,722,000 (31.35%)

$1,311,000 (-99.74%)

$500,628,000 (0%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$247,000 (533.33%)

-$57,000 (78.41%)

-$264,000 (-38.22%)

-$191,000 (-233.57%)

Share Based Compensation

$12,071,000 (-21.25%)

$15,328,000 (-18.29%)

$18,758,000 (130.70%)

$8,131,000 (59.06%)

Depreciation Amortization & Accretion

$7,938,000 (19.60%)

$6,637,000 (17.12%)

$5,667,000 (422.79%)

$1,084,000 (43.39%)

SMRT Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

34.50% (65.07%)

20.90% (2512.50%)

0.80% (108.79%)

-9.10% (-10.98%)

Profit Margin

-19.20% (-31.51%)

-14.60% (74.56%)

-57.40% (11.69%)

-65.00% (7.93%)

EBITDA Margin

-14.50% (6.45%)

-15.50% (73.46%)

-58.40% (8.32%)

-63.70% (6.19%)

Return on Average Equity (ROAE)

-10.70% (-7.00%)

-10.00% (59.02%)

-24.40% (37.44%)

-39.00% (-164.46%)

Return on Average Assets (ROAA)

-7.40% (-12.12%)

-6.60% (60.71%)

-16.80% (15.58%)

-19.90% (59.47%)

Return on Sales (ROS)

-19.10% (-4.37%)

-18.30% (70.39%)

-61.80% (4.48%)

-64.70% (6.64%)

Return on Invested Capital (ROIC)

-67.40% (27.53%)

-93.00% (33.71%)

-140.30% (12.86%)

-161.00% (-21.79%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0%

Price to Earnings Ratio (P/E)

-10.29 (45.14%)

-18.77 (-278.40%)

-4.96 (50.82%)

-10.08

Price to Sales Ratio (P/S)

1.99 (-26.27%)

2.7 (-4.56%)

2.83 (-56.68%)

6.54

Price to Book Ratio (P/B)

1.16 (-38.48%)

1.89 (43.01%)

1.32 (-68.34%)

4.18

Debt to Equity Ratio (D/E)

0.45 (-7.57%)

0.49 (-9.44%)

0.54 (86.21%)

0.29 (132.12%)

Earnings Per Share (EPS)

-0.17 (0.00%)

-0.17 (65.31%)

-0.49 (48.96%)

-0.96 (-122.22%)

Sales Per Share (SPS)

0.88 (-25.59%)

1.18 (37.53%)

0.86 (-42.07%)

1.48 (-75.76%)

Free Cash Flow Per Share (FCFPS)

-0.2 (-1945.45%)

0.01 (102.62%)

-0.42 (56.34%)

-0.96 (71.27%)

Book Value Per Share (BVPS)

1.45 (-14.83%)

1.71 (-8.38%)

1.86 (-69.05%)

6.02 (166.10%)

Tangible Assets Book Value Per Share (TABVPS)

1.4 (-22.91%)

1.82 (-13.70%)

2.11 (-72.03%)

7.54 (-34.97%)

Enterprise Value Over EBIT (EV/EBIT)

-5 (50.00%)

-10 (-233.33%)

-3 (85.00%)

-20

Enterprise Value Over EBITDA (EV/EBITDA)

-6.81 (42.85%)

-11.92 (-340.78%)

-2.71 (86.47%)

-19.99

Asset Turnover

0.38 (-16.04%)

0.46 (55.29%)

0.29 (-4.56%)

0.31 (-55.76%)

Current Ratio

3.63 (25.03%)

2.9 (1.79%)

2.85 (-62.48%)

7.6 (184.49%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$40,512,000 (-1934.78%)

$2,208,000 (102.69%)

-$82,150,000 (-14.34%)

-$71,847,000 (-149.57%)

Enterprise Value (EV)

$173,346,256 (-60.32%)

$436,817,300 (64.80%)

$265,064,789 (-81.20%)

$1,409,679,817

Earnings Before Tax (EBT)

-$33,376,000 (3.80%)

-$34,695,000 (65.89%)

-$101,710,000 (-41.57%)

-$71,846,000 (-94.39%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$25,438,000 (30.57%)

-$36,638,000 (62.61%)

-$97,989,000 (-38.97%)

-$70,513,000 (-97.82%)

Invested Capital

$66,019,000 (104.89%)

$32,221,000 (-48.21%)

$62,212,000 (2.41%)

$60,750,000 (83.76%)

Working Capital

$186,618,000 (-16.33%)

$223,031,000 (-9.18%)

$245,580,000 (-47.24%)

$465,439,000 (748.94%)

Tangible Asset Value

$279,533,000 (-23.47%)

$365,239,000 (-11.45%)

$412,454,000 (-26.80%)

$563,427,000 (465.20%)

Market Capitalization

$336,996,256 (-48.00%)

$648,064,300 (34.46%)

$481,986,789 (-74.34%)

$1,878,599,817

Average Equity

$314,261,500 (-9.40%)

$346,880,500 (-12.23%)

$395,206,000 (114.04%)

$184,642,000 (401.02%)

Average Assets

$457,392,250 (-12.17%)

$520,793,500 (-8.94%)

$571,932,000 (58.47%)

$360,904,750 (377.06%)

Invested Capital Average

$49,525,250 (6.46%)

$46,519,000 (-37.05%)

$73,893,250 (66.15%)

$44,474,500 (61.57%)

Shares

192,569,289 (-5.21%)

203,154,953 (2.42%)

198,348,473 (2.20%)

194,070,229 (504.44%)