SMRT
Income statement / Annual
Last year (2023), SmartRent, Inc.'s total revenue was $236.84 M,
an increase of 41.13% from the previous year.
In 2023, SmartRent, Inc.'s net income was -$34.59 M.
See SmartRent, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$236.84 M
|
$167.82 M
|
$110.64 M
|
$52.53 M
|
$36.23 M
|
| Cost of Revenue |
$187.31 M |
$166.47 M |
$120.71 M |
$56.83 M |
$37.29 M |
| Gross Profit |
$49.53 M |
$1.35 M |
-$10.07 M |
-$4.30 M |
-$1.06 M |
| Gross Profit Ratio |
0.21 |
0.01 |
-0.09 |
-0.08 |
-0.03 |
| Research and Development
Expenses |
$28.81 M
|
$29.42 M
|
$21.57 M
|
$9.41 M
|
$7.73 M
|
| General & Administrative
Expenses |
$44.67 M
|
$55.31 M
|
$25.99 M
|
$16.58 M
|
$12.38 M
|
| Selling & Marketing
Expenses |
$19.21 M
|
$20.87 M
|
$14.02 M
|
$5.43 M
|
$3.26 M
|
| Selling, General &
Administrative Expenses |
$63.88 M
|
$76.18 M
|
$40.01 M
|
$22.01 M
|
$15.65 M
|
| Other Expenses |
$0.00 |
$595,000.00 |
$55,000.00 |
-$685,000.00 |
$0.00 |
| Operating Expenses |
$92.69 M |
$105.60 M |
$61.58 M |
$31.42 M |
$29.05 M |
| Cost And Expenses |
$280.00 M |
$272.07 M |
$182.29 M |
$88.25 M |
$66.34 M |
| Interest Income |
$0.00 |
$1.95 M |
$249,000.00 |
$559,000.00 |
$158,000.00 |
| Interest Expense |
$0.00 |
$1.95 M |
$249,000.00 |
$559,000.00 |
$0.00 |
| Depreciation &
Amortization |
$5.53 M
|
$5.67 M
|
$1.08 M
|
$756,000.00
|
$59,000.00
|
| EBITDA |
-$37.63 M
|
-$96.04 M
|
-$71.13 M
|
-$35.65 M
|
-$24.38 M
|
| EBITDA Ratio |
-0.18 |
-0.6 |
-0.64 |
-0.69 |
-0.67 |
| Operating Income Ratio
|
-0.18
|
-0.62
|
-0.65
|
-0.68
|
-0.67
|
| Total Other
Income/Expenses Net |
$8.46 M
|
$2.54 M
|
-$194,000.00
|
-$1.24 M
|
-$427,000.00
|
| Income Before Tax |
-$34.70 M |
-$101.71 M |
-$71.85 M |
-$36.96 M |
-$30.26 M |
| Income Before Tax Ratio
|
-0.15
|
-0.61
|
-0.65
|
-0.7
|
-0.84
|
| Income Tax Expense |
-$108,000.00 |
-$5.39 M |
$115,000.00 |
$149,000.00 |
$3.21 M |
| Net Income |
-$34.59 M |
-$96.32 M |
-$71.96 M |
-$37.11 M |
-$33.47 M |
| Net Income Ratio |
-0.15 |
-0.57 |
-0.65 |
-0.71 |
-0.92 |
| EPS |
-0.17 |
-0.49 |
-0.37 |
-3.58 |
-36.34 |
| EPS Diluted |
-0.17 |
-0.49 |
-0.37 |
-3.58 |
-36.34 |
| Weighted Average Shares
Out |
$200.70 M
|
$195.58 M
|
$193.86 M
|
$10.38 M
|
$921,000.00
|
| Weighted Average Shares
Out Diluted |
$200.70 M
|
$195.58 M
|
$193.86 M
|
$10.38 M
|
$921,000.00
|
| Link |
|
|
|
|
|
