SMRT: Smartrent Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Smartrent Inc (SMRT).
$337.00M Market Cap.
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 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%) |
